Bushveld Minerals Share Discussion Threads

[jc2706] 31/1/2021 19:45

Purchaseatthetop,

On Friday evening (after markets closed) you posted:

"Time to buy in again. I reduced a tad to get more ITX, AGL, MCRO and NEX (plus a first into SAGA plus a bit of MOS and ENET - yes I have been busy).
Still have a fair amount of BMN but I can start buying again Monday".

Bad weekend?

[gah123] 31/1/2021 09:45

Each to their own. I expect 40-50p be end of Mar and have100p target for 2021!

[plat hunter] 31/1/2021 08:59

PATT,Thought you added more at 19.50 as anything under 20 was a bargain....What changed?

[purchaseatthetop] 30/1/2021 22:37

nvhltd....don't be so down. OK I completely see where you are coming from. BMN is completely unable to present a coherent strategy. However, the price of V is going to rise hugely IMO and therefore we are uniquely placed to benefit from a win-win.

I must admit that I have reduced my weighting for BMN in my portfolio by not investing any more here. I added a lot to ITX, AGL and more recently into MCRO and NEX rather than BMN. Which is a shame but I no longer expect rapid BMN share price rises.

However, we have a natural and rare hedge here. That is good.

[nvhltd] 30/1/2021 18:38

I listened to the VSA podcast. They are suggesting that my post in November could be right about BE being possibly spun off. While it might be a good decision in the long run it would be an effective admission that the vertical integration story hasn’t worked. BE would need to raise significant finance so you can be sure we will be screwed with dilution like we were with Afritin.

“nvhltd - 29 Nov 2020 - 12:25:31 - 14040 of 15374 Bushveld Minerals - BMN
It sounded to me like Fortune was admitting that the vertical integration story / structure wasn’t working from a share price performance point of view particularly as we are seen as only a boring dirty miner in the value chain.

I think he is suggesting that BE / Enerox / BEL co / VERL (Bundled together) are going to be floated with BMN taking a stake and contracts for supply of Vanadium put in place akin to the existing deals with Invinity and Enerox.

It might be for the best, but would represent a failure of the integration story peddled for so many years.

He has gone from being optimistic about Vanadium demand to more pragmatic. If the ramp up profile going forward is a very conservative 3 to 5 year program that tells me he also sees VRFB take up to be very slow too. Based on their ramp up and electrolyte plant timelines you have to conclude he is not confident of winning anything considerable from the ESKOM BESS, but I’m hoping I’m wrong because the BESS represents our last shot of a short term share price rerate before this becomes a bottom draw share more dependent on another Vanadium price spike for appreciation or dividends”.

[capablanca64] 30/1/2021 17:46

Just logged in to the LSE site and it worries me that a lot of these retail investors are totally out of their depth. Never has the adage a little knowledge is a dangerous thing been more evident. A demerger situation would in 99% of cases enhance shareholder value with better capital allocation and heightened management focus on core competency of the respective divisions.

[plat hunter] 30/1/2021 12:00

You gotta call them up to cancel I think.Then it's just the logout button after that

[mauricegarin1] 30/1/2021 11:51

Does anyone know how to cancel membership please, much appreciated Alex.

[mauricegarin1] 30/1/2021 11:35

Actually you know what I’m done with this forum, all one sided by trolls anyway, goodbye 👋

[plat hunter] 30/1/2021 11:34

*bushveld's cancer patients.They on the balance sheet as a liability or are we talking the inhabitants of the Bushveld region?

[mauricegarin1] 30/1/2021 11:30

Dontay I’ve had him filtered since before Xmas and not seen any of his posts since then. Also mate it was him who started this stalking me on LinkedIn , published my wife’s personal information, where I lived etc then also tried to incite violence several times against several Bushveld cancer patient’s so back off mate

[plat hunter] 30/1/2021 10:19

It's the same person Mo, he can troll everyone that way

[dontay] 30/1/2021 10:16

'Facepalm'! Your on going obsession over someone who you try to pretend you have filtered is so infantile you just don't get that your record is equally 'broken', utterly boring. purchase is spot on, no- one is in the least interested in your continually boring obsession.

[mauricegarin1] 29/1/2021 21:30

Purchase I didn’t mean you (sorry for the confusion and for what it’s worth I think your a genuine investor) , I meant the resident lieing troll who only comes out when the price goes down

[purchaseatthetop] 29/1/2021 19:44

you are funny mauricegarin....do you really think anybody takes any notice of you? No.

[mauricegarin1] 29/1/2021 19:01

Purchase is he off on one again, like a broken record, facepalm, can’t believe how stupid he is thinking people actually believe anything he says😫㈷5;😂😂

[purchaseatthetop] 29/1/2021 18:30

Ahhhh......wiseman parob......be breathes in knowledge......

Time to buy in again. I reduced a tad to get more ITX, AGL, MCRO and NEX (plus a first into SAGA plus a bit of MOS and ENET - yes I have been busy).
Still have a fair amount of BMN but I can start buying again Monday.

I am sure that the future is a lot brighter than Marvin the Paranoid Android describes. Invinity has one of the largest redox flow storage battery projects in the world and last time i looked that involved BMN.

Anyway....have a great weekend team and next week will be interesting.

[parob] 29/1/2021 16:42

Dragonfly doji.Think we may have seen the bottom.

[nvhltd] 29/1/2021 16:22

Based on what we have been told over the years I’m expecting 100% of the ESKOM project for all the reasons we were told put us in pole position.

Based on what we actually know and timelines I expect zero of the first tender.

[jc2706] 29/1/2021 16:05

As I have said previously, I am anticipating BE to win a small part of the Eskpm tender. There are obvious political reasons for awarding BE part of the contract but the risks are likely to be considered too substantial for this to be a major part. I think it more likely that BE get none than they get the majority but rank a small contract as the most likely.

[nvhltd] 29/1/2021 15:33

I’m not holding them up for direct comparison. I’m sharing information I’ve just read about Tesla and just saying we haven’t sold anything in 5 years. While we don’t make VRFB’s directly we have relationships, MOU’s and claimed pipelines of business, but we haven’t sold a single unit or project.

Why hasn’t any of the 250MWh pipeline of business opportunities been converted? What does ‘pipeline̵7; even mean to BE?

Again their narrative doesn’t stack up.

The first ESKOM package is 320MWh. Does that imply that they don’t think they are in the running with a target of only 250MWh?

[jc2706] 29/1/2021 15:22

Comparing Tesla to BE is like comparing Tesco to your local corner shop. Hardly fair.

[nvhltd] 29/1/2021 15:13

Tesla’s had an 83% increase in installed energy storage in 2020. Remind me how much storage BE has installed of 5 years?