Bushveld Minerals Share Discussion Threads

[capablanca64] 18/2/2021 17:52

City Zenith you heard it hear first gla

[mauricegarin1] 18/2/2021 17:08

I mean couldn’t even be bothered to search through rns’s and got his facts from google , come on please try harder.

[mauricegarin1] 18/2/2021 17:07

Dontay pretty obvious one of your tribe wrote it, yawn move on .

[dontay] 18/2/2021 16:49

Superb post by prussell1963 which cuts out all the ramping noise and indicates the wider and much more realistic market view of BMN's much vaunted fundamentals and why the share price is right where it is:... obviously not able to offer full fundamentals and I see that only June 2020 update filed according to Google Finance. What this does show is a Y/Y decline in revenue over 2019 of 45%, decline in Income of 150% and a decline in Net profit of 191%. When I look at 2019 Fundamentals I see Liabilities increasing from $51M to $95M, Income reducing from $192 to $116M, Gross Profit reducing from $126M to $60M and Operating Profit reducing from $95 to $22M. (209 v 2018). My initial view remains many promising jam tomorrow and many LTH's seemingly unsure why BMN has (not) at least moved with vanadium market. Is it mamnagement capability..... i dont know enough to call, but I do see that many other V companies web sites do champion its future use in battery storage over lithium etc which was how i ended of on BMN BB as I was originally looking at batterification stocks and V-Flow caught my eye.

[mauricegarin1] 18/2/2021 15:09

Jc I think you were basing your pricing around chinese prices where as the article was based on European pricing

[mauricegarin1] 18/2/2021 14:55

June 2019 as v price is higher than 34 now , back then we were 28 dollars and a third less output and half the company we are now

[jc2706] 18/2/2021 14:43

As far as I can see (and I confess it is on a rather small screen!) FeV was last $34 around October 2019 and BMN's share price was just over 20p. Are you suggesting an alternative?

[mauricegarin1] 18/2/2021 14:18

Got to keep my eye on you Capa make sure you behave 🤔😜

[capablanca64] 18/2/2021 13:50

Maurice 30th January you told us you were no longer posting here and were cancelling your membership - what happened ?

[plat hunter] 18/2/2021 12:04

PATT, take a look at HUM as that's the exact reason I'm currently buying it below book value.

[purchaseatthetop] 18/2/2021 11:19

sometimes events conspire to deny the correct price for a share. That is our opportunity.
I started buying into AGL at 43p as Jupiter Asset Mgt were selling down their 11% stake for their own reasons. This depressed the share price and every time it tried to rise they sold again. Now they have stopped and the price is 93p.

I think exactly the same is happening here. Orion etc who have millions of shares do not want to maintain a stake...they want cash...so are selling.

IMO take advantage. Buy at this depressed price as one day the selling will stop and the price will double. May take a while but WTF?

Anyway...just my view. I am buying.

[mauricegarin1] 18/2/2021 10:24

Jc can I suggest you look at the last time vanadium was at this price I think you will be in for a shock plus we’re producing nearly a third more plus energy side etc gah is bang on the money , as for player one comical 🤦🏼‍♂️

[jc2706] 18/2/2021 09:19

Not convinced that the share price should be there based on the current Vanadium price. At $40-50 maybe. But the direction of travel is positive and ultimately the price rises will be reflected in the share price.

[gah123] 18/2/2021 08:50

Have you seen the Vanadium price, at 2 year highs $34. share price needs to rise to 30-35p to catch up.

[player one] 17/2/2021 20:17

13p still a possibility ...no floor established yet for a punt IMVHO not advice lol

[capablanca64] 17/2/2021 14:05

LMJ I've had women obsessed with me all my adult life which I've always accepted as a direct consequence of my good looks, wealth and charisma but never a man....bit disconcerting especially as you have a predilection for banging Thai ladyboys and who knows where these types of deviant tendencies will end.

[le mailot jaune] 17/2/2021 13:57

Capa 40 years you old fart.Didn't realise you were that old. Was told that you've stepped down as a walk leader for the Milton Keynes Ramblers was it due to your bad health/age. That time in France at the ski lift when you got assaulted off the French school kids didn't help.You look after yourself.

[beardj07] 17/2/2021 13:37

I can see them winning a contract. What is concerning from what I have read on message boards over the past month is that people seem to think that Bushveld Energy would have failed if the first eskom contract is not won.

[vauch] 17/2/2021 13:24

Beard, if a SA co with the raw material to completed product cant get the contract then it will be a true sign of how corrupt the country is

[beardj07] 17/2/2021 13:11

I can see us winning a part of one of the tenders maybe not the first one to be announced but a smaller one. People seem to be pinning all hope on the first tender so the share price will likely drift if not successful.

[purchaseatthetop] 17/2/2021 13:11

jc2706...but if they fail to get any of the ESKOM contract then the BE strategy has really failed. If they cannot win any ESKOM then what strategy can there be apart from being a primary miner (nothing wrong with that).

So, I do see it as a win-win. It decides whether any further spending on BE is a waste of resources. All money already spent is gone anyway.

[jc2706] 17/2/2021 13:08

I am very supportive of BMN but don't agree with the last two posts! It is not a win win if they don't win any of the Eskom contract. It is a lose and a blow to the BE strategy pursued over the last couple of years. And if BMN doesn't win any it will be all over the bulletin boards and plenty of those posters have sold over the years.

[gah123] 17/2/2021 12:34

Tender wasn't RNS'd so if we don't win it, it won't be RNS'd either. The only people who would know are long termers who won't sell.