Bushveld Minerals Share Discussion Threads

[milliecusto] 16/3/2021 23:26

https://m.miningweekly.com/article/south-africa-has-opportunity-to-win-back-lost-share-of-global-vanadium-market-bushveld-2021-03-16

[purchaseatthetop] 16/3/2021 17:31

nvhltd...I am sure that natural state of corruption and self-serving interests will serve us as shareholders. It is odd how the BoD always screws the shareholders. FAR BoD are presently screwing the new PI's in the nicest possible way. Fortune et al have done LTH's here in a long running mugging. Always the same game but some with a smile.

[saghir786] 16/3/2021 14:10

Then it is the fault of Fortune and Mikhail that they cannot get their act together and present the story

[purchaseatthetop] 16/3/2021 13:41

robertspc....because the other companies present a dream. BMN presents an opaque confusion. its all about marketing. FAR is supposedly able to manufacture electrolyte without using vanadium pentoxide. they also have a vanadium mine. They also have magic dust. and pixies.
WE NEED PIXIES!!!!

[robertspc1] 16/3/2021 13:19

Investment going into vanadium - FAR deal and VRB 500MWh battery and gigafactory in China. Given that and rising prices, why is BMN such a poor performer?

[purchaseatthetop] 16/3/2021 11:53

FAR is now worth £75m as compared to BMN £212m......world has gone mad.

[purchaseatthetop] 16/3/2021 06:25

Very little price change overnight. No movement on anything except a small drop on V pentoxide China but continued rise in vanadium pentoxide Europe of 1.25%. That makes the price well over $8.10 a pound now.



The chart for pentoxide 98% V205 Europe on vanadium price.com is starting to look like the Matterhorn.

Obviously as we had no Director sales (that we are aware of) yesterday, the share price will drop today. Unless there is the imminent re-rate happening which Libero has been forecasting every day since I was born it seems. I am 59. :-}

[purchaseatthetop] 15/3/2021 17:06

goodgrief....I think we can go further by saying that my pet cats are (collectively) more informed than me about the vanadium market. Mind you....they are well read and very bright cats so I will accept that.

:-}

[goodgrief] 15/3/2021 16:32

patt, I'd hazard a guess that Mick Davis of Xstrata is just a tad better informed on the vanadium markets and Ferro Alloy Resources than you are? Perhaps he got an underling to do a Google search!

[purchaseatthetop] 15/3/2021 15:33

over on LSE that was described as the "start of the rerate"......perhaps not.

[vauch] 15/3/2021 15:22

Hold your horses a .4% uptick WOW!

[dontay] 15/3/2021 12:07

Compared with last week's vanadium market, volatility is small this week,and inquiry goods enthusiasm is general.The raw material retail manufacturer of V2O5 flake don't want to sell, and the shipment quotation and alloy factory procurement price is not equal, so transaction is stalemated. A small number of transactions in cash of 106,000-106,500 CNY/Ton in V2O5 flake retail market. The alloy factory is more wait and see, and temporarily does not purchase.VN alloy manufacturers face risk of losing money, and there is less shipment quotation in the market, and a few offer is in cash of more than 163,000 CNY/Ton, but the procurement willingness in the market is low at this price, and the enthusiasm of inquiry is poor.Traders are more active recently. The quotation of VN alloy is about 159,000 to 160,000 CNY/Ton in cash, and the actual transaction is 159,000 CNY/Ton in cash.www.ferroalloynet.com

[purchaseatthetop] 15/3/2021 12:04

FYI....FAR produced 237 tonnes of V in the last year. Their plan is to double that over the next two years. BMN produces around 20 times their amount and that will remain constant as our production is planned to nearly double over the same period.
Madness.

[purchaseatthetop] 15/3/2021 09:40

FAR market value now up to £42m. That is for a company producing about a bag of sugar of vanadium per annum. On a weight for weight basis BMN should be nearly £1b.

[robertspc1] 15/3/2021 09:16

Interesting new investment into FAR this morning from Sir Mick Davis new fund - "The strong investment case for vanadium is clear not only from a steel demand perspective, but even more when considering the huge potential for vanadium redox batteries to play an integral role in the establishment of reliable 'base-load' renewable energy?.

[purchaseatthetop] 15/3/2021 06:46

...and also thanks to a post on LSE it appears that Keystone have sold all their 13m shares in late Feb 21 after the change of strategy brought on by the change of fund name and management:

If you add the up to 36m Duferco sales with 13m Keystone sales plus Director sales it makes rather a mess of any share price rise.....maybe this will stop one day. Never mind.

[purchaseatthetop] 15/3/2021 06:33

Very odd price movements. Prices continue to drift slightly in China with the exception of FV 80% China which is up 1.45%.
Europe continues to soar with V Pentoxide 98% up another 2.56% and also a rise of 0.86% for FV 80% in USA.

So....Europe steaming, USA rising, the East is Red.

Actually...just wondering if the endless strength of the V pentoxide 98% flake price in Europe is finally the increasing demand for electrolyte for storage kicking in. Production uses pentoxide power or flake 98%+

[aimbagger] 13/3/2021 20:58

Thanks Dontay, all the best to you too.

[dontay] 13/3/2021 17:24

Hi AIMBagger, wish you well in your MUST investment and hopefully should do well but my portfolio of investments are in main market large companies paying good secure dividends, I'm not a typical AIM market investor. I've found BMN to be a bit different to virtually all other stocks in this swamp, it's been positioning itself for several years to be at the heart and start of a completely new industry in SA ... that's about to take off now and it's potential for growth to become a main market player is the best I've seen for several years ... I also have a small holding in Invinity (IES) due to its California base and the exposure and contracts it's been winning in the American storage energy market, which is going to be as stonkingly huge as the African market is, and thats sufficient exposure to AIM for me thanks.

[aimbagger] 13/3/2021 16:53

Thanks nvhltd, will be interesting to see how this unfolds.

[nvhltd] 13/3/2021 16:35

Aimbagger: I don’t believe there is enough information to make an informed decision. Enerox’s previous parent company is bust. Enerox themselves needed working capital during the buying process to continue trading. As a private company now owned by the a consortium including BMN has not released any news regarding sales other than to supply Vametco with VRFB’s for the minigrid project. No financial figures have been released.

It was the stated intention from BMN to support VRFB manufacturers rather than be direct wholly owned entities. BMN have also stated that they are looking to bring and be involved with the assembly or manufacture of VRFB’s in South Africa.

So I think something is happening or will happen to float Enerox and bring in capital to expand their operation and the Mustang link could be credible. Either way the combined public company will need to raise significant funds to progress.

[aimbagger] 13/3/2021 14:10

Thanks Dontay, a great read! Are you looking to invest in MUST as a result of this? Curious to know what BMN holders make of the investment case. The Mcap at present is just £2.5M and from what I’ve read so far it’s offering a huge opportunity if the RTO of Erenox comes off. Just over 10M shares in issue and the free float is less than 10%!

[nvhltd] 13/3/2021 13:07

Exactly. Thanks