Bushveld Minerals Share Discussion Threads

[zwift] 19/12/2020 14:02

Parob
I hope you don’t mind, I’ve copied a para form your last post

Ive added some of my opinions / contradictory thoughts In second Para

The fall we experienced this year has has NOTHING to do with what Bushveld had done, nothing to do with vanadium prices or prospects diminishing in any way, it was entirely due to the Covid-19 sell off that occurred right across the market. However, in our case, that fall was completely unjustified. Other than vanadium production having to briefly pause due to South Africa's 35-day lockdown earlier in the year, coronavirus has had zero impact on the company.

The fall we experienced this year has has NOTHING to do with what Bushveld had done,
((( Dividends, JSE listing, Electrolyte Plant, increased production )))
nothing to do with vanadium prices or prospects diminishing in any way,
((( If V prices are low our profit is lower)))
it was entirely due to the Covid-19 sell off that occurred right across the market. However, in our case, that fall was completely unjustified. Other than vanadium production having to briefly pause due to South Africa's 35-day lockdown earlier in the year,
((( 35 day or 10% stop of production is huge)))
coronavirus has had zero impact on the company.
((( If you read the last few RNSs, Fortune actually states“ Due to covid 19. Delay to electrolyte plant, delay to JSE listing, Reduced production,
Delay to Eskom tenders, special covid measures at all sites,”

Just my Opinion of course,On a Public BB “ no bullying intended “

ATB Zwift

[nvhltd] 19/12/2020 14:01

JC: I wouldn’t disagree with the future bit of your statement. Only trouble is that the ‘future’ 5 years ago is now, but he has kicked the future down the road.

3 to 5 years to add around 450mtv per annum at Vametco (3,750 to 4,200 mtv).

The growth target isn’t exactly exciting considering what we are being told about expected VRFB growth.

The production growth profile is at odds and contradicts the targets for VRFB’s.

Phase 2 was expected to deliver 3,750mtv although we have never been near that total at Vametco. Each quarter they underperform. Add in the Vanchem production and we get a current target of about 4,800 mtv now. All of which pretty much is sold to existing customers. So with the promotion and promise of VRFB’s from just ESKOM and South Africa why aren’t we going full speed to increase production for these ‘new’ customers?

It isn’t stacking up. He either believes and builds production now or wait and miss opportunities. ESKOM are looking for the first package to be up and running in 7 to 9 months. That is new demand for Vanadium and electrolyte now if he believes we have a chance with this contract.

None of it makes any sense. However as it’s Xmas, only 2 weeks until the announcements and with my new found optimism I’m going to give Fortune the benefit of the doubt and assume he has got everything covered.

[coldspring] 19/12/2020 13:46

Google was my friend on this and statler is the correct spelling.

[jc2706] 19/12/2020 12:53

Nvhltd,

Only your left hand on here (Zwift) would agree with you. Most would focus on the dramatic changes to the business that Fortune has overseen and speculate that his history of accomplishments suggest that his vision for the future bodes well in terms of further progress.

But welcome back.

[nvhltd] 19/12/2020 12:49

Oh you mean Richken mkII

[parob] 19/12/2020 12:18

Great investment case overview posted by Libero on lse:Excellent Week, with an even better one next week!Delighted that we rose a very healthy 9% this week, back up to 15p, for the first time in ages. Consequently next week is looking So much better! Let's not forget for one moment that Bushveld should never have fallen beneath 20p. The fall we experienced this year has has NOTHING to do with what Bushveld had done, nothing to do with vanadium prices or prospects diminishing in any way, it was entirely due to the Covid-19 sell off that occurred right across the market. However, in our case, that fall was completely unjustified. Other than vanadium production having to briefly pause due to South Africa's 35-day lockdown earlier in the year, coronavirus has had zero impact on the company. In fact the company has continued to make huge progress on a variety of fronts: - Vanadium production is still going to be much higher than last year, largely thanks to the Vanchem acquisition. Q3 production was up 37% year-on-year. And, now with the Orion financing secured this year, production is going to increase at an even faster rate than ever before. - The Electrolyte Production Plant got approved by all the relevant South African authorities (incl the v important IDC) and the construction of that plant has begun. - The Electrolyte Rental Company was set up this year alongside this, and already has a contract with EDF's Pivot Power. This is going to be huge in the years to come. - The partial acquisitions of both Invinity and Enerox were completed in H1 of this year. - The Eskom BESS Contracts finally materialised this year, with the tender process opening late August and closing in late Oct. We can expect news from this very soon. - And then there's been Major macro economic developments that will hugely benefit vanadium and Bushveld too, with VRFB adoption really picking up like never before; governmental stimulus programmes and initiatives like we've never seen before that'll benefit Bushveld; as well China becoming a NET IMPORTER of vanadium this year for the first time in a long time. Also I believe Biden beating Trump is going to prove significant too to the overall adoption of Green Tech worldwide. All of which is hugely exciting. ... and so it's remarkable that we still need another 35%+ increase to reach the levels we were at the start of the year. It means that we all have the most incredibly opportunity to invest here at hugely discounted prices, which basically prices in all the above progress made this year at less than Zero! With this in mind, I will be topping up first thing Monday morning before we re-rate to 20-25p inevitably occurs. Longer term, my price target remains unchanged at 100p+ and I am super confident we will multi-bag over the next 3 months actually. DYOR and have a good weekend everyone : )

[nvhltd] 19/12/2020 11:43

JC: Good example, but you need to turn it around in Fortune’s case. His failure to deliver far out number the times he’s delivered on time. So you’re right. Why would you focus on the one off success when he has more failures to his name.

[nvhltd] 19/12/2020 11:20

On the 12 days to ESKOM my Fortune gave to me. 80MW V. R. F. B!!!

Come on Fortune. Just deliver one thing that you promised on time. I’m begging you.

[plat hunter] 19/12/2020 10:36

Waldorf and Statler.. Was that Trading Places?

[jc2706] 19/12/2020 10:23

Did anyone say that you did? The point is that you only post negatives (hmmm, where have we seen that behaviour before?).

If it is raining outside and I comment how dreadful the weather is here despite the fact that it had been sunny for 10 straight days, I wouldn't be lying but my truth was not necessarily representative.

[zwift] 19/12/2020 10:03

Could some point out any lie or misinformation I have ever posted

[jc2706] 19/12/2020 09:31

The manner of posting strongly suggests that they are not two grumpy, old men. Grumpy and old certainly.

[coldspring] 19/12/2020 07:29

Yes thats correct

[mauricegarin1] 19/12/2020 07:28

Cold spring are they the two grumpy old men from the muppet show?

[coldspring] 19/12/2020 06:40

I was thinking they are more waldorf and stadtler without the humour of course !

[parob] 19/12/2020 06:36

Ferro Vanadium 80% Price USD / kgChina : US$28.00/kg (+1.82%)Dec 18, 2020Good point by Setcentric:#Vanadium prices rising daily across the globe.Broker note for #BMN estimates 38p target from current 15p based on 2021 estimated price of $35/KG. Current trend indicates prices will surpass that figure by the end of January 2021!hTTps://twitter.com/setcentric3/status/1340082178231848960?s=21Full research note here: hTTp://www.bushveldminerals.com/wp-content/uploads/2020/12/Bushveld_Q3_November_2020.pdf

[purchaseatthetop] 19/12/2020 06:33

Yes....Zwift is filtered. Life is too short for nonsense.

[zwift] 18/12/2020 23:35

Mau

I thought you had me and NVH on filter

Why are you paranoid about US giving an alternative opinion on this BB

I’ve seen your posts on other BBs, you always try the bully boy tactics.
I think you suffer from “Little Big Man” syndrome

lay off that “Pish pop“ rolla cola stuff it’s rotting your brain and your teeth

ATB Zwift

[mauricegarin1] 18/12/2020 21:09

Purchase the world is such a nicer place if you filter Corbet and Barker🤔€077;🤣㊃5;👊

[purchaseatthetop] 18/12/2020 18:04

I love these BB's....the world is already angry, resentful, difficult, dangerous....but NOTHING compared to locked down investors unable to forget it all.

[parob] 18/12/2020 16:31

Closed above 15p for the first time in 6 months!

[mauricegarin1] 18/12/2020 16:28

Lol I see the two Ronnies are still battling on 🤔 teacup in a hurricane springs to mind 🤣🤣🤣

[dontay] 18/12/2020 16:18

Forget the lock in, it doesn't matter, they are the experts in the vanadium 'space' and know exactly where BM and Vanadium are headed. Not only will they be holding ... they are most probably been the ones recently adding. They are top of my list as being the ones who have recently bought around 13 million on the open market.Zwift ... It may not seem to much who the major electrolyte partner is ... except of course it's the South African Government's investment arm. Which when it come to winning major contracts in SA .... matters very much indeed!