Bushveld Minerals Share Discussion Threads

[gah123] 25/5/2021 09:18

Prices heading to $80 IMO. Based on a P/E of 10 share price will be well in excess of 50p

[gah123] 25/5/2021 09:15

It's net profit before tax but including all production and fixed costs Inc royalties. It's a projection for the next 12 months with a conservative production of 4,000mtv, annualised run rate from 2022 will be much higher, 5,000+

[megaman2] 25/5/2021 09:12

I've done lots of research and mining companies in Africa trade on between a 5 and 10 p.e. which is demonstrated by the share price of c 15p......

[megaman2] 25/5/2021 09:05

I can't fathom your figures your saying for every $10 increase bmn make £24 million profit ? Is it gross or net your claiming?

Because at 40000 mtv $10 is clearly $40000 so c £28 mill gross profit then you need to deduct part ownership tax debt royalties etc which is clearly a lot more than £5 million .so without any explanation of your figures they look ropey and so if you are going to keep posting them every 12 hours I think you should elaborate.

[gah123] 25/5/2021 08:58

BMN Current Vanadium price $39 $45 profit £30M per yr$50 profit £42M per yr$60 profit £65M per yr$70 profit £88M per yr$80 profit £111M per yr$90 profit £135M per yr$100 profit £158M per yr$110 profit £181M per yr$120 profit £204M per yr

[gah123] 25/5/2021 08:57

Rubbish, do some research

[megaman2] 25/5/2021 08:55

25 May '21 - 08:51 - 2014 of 2014 Edit
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You posted exactly the same list about 12 hours ago GAH....are you going to list it everyday are these your figures ? Gross profit ? Net profit?

As I said share price angel net profit is $7;million for this year and they have historically been pretty accurate. Also the long term historical graph points to a $30 to $35 average with ad-hoc brief highs and also lows .

With c1.2 billion shares in issue (excluding Orion clns) at 20 p bmn is a market cap of £240 million at a generous p.e. of 10 you need °net" earnings of £24 million to justify this market cap it's very unlikely this year bmn will make £24 /c $34 million net profit this year. I'm not sure how much use your daily list is....

[gah123] 25/5/2021 08:12

BMN Current Vanadium price $39 $45 profit £30M per yr$50 profit £42M per yr$60 profit £65M per yr$70 profit £88M per yr$80 profit £111M per yr$90 profit £135M per yr$100 profit £158M per yr$110 profit £181M per yr$120 profit £204M per yr

[gah123] 25/5/2021 08:11

A major price breakout has already occurred. It is extremely rare to see China prices running at close to $40 per kg.It is a strong indication that a significant structural deficit in the market is in play.

[purchaseatthetop] 25/5/2021 07:12

saghir....true enough. My portfolio has gone ballistic and makes BMN a sideshow. Get into ENET. I am buying more today. A lot of research went into identifying fallen angels ready to fly again.

[saghir786] 25/5/2021 06:45

Easier to rest easier if you know your other stocks going on a tear like itx,agl etc!

[purchaseatthetop] 25/5/2021 06:35

But you have to admire their disdain for us. I mean, are we really worth them worrying over? Probably not. We are merely a carbon based form of pollution to them and they are honest enough to make that fact clear.

BTW....vanadium prices rising fast again:



FV 80% Europe up another 2.8%
FV 80% USA up 1.36%
FV 80% China up 1.3%

All will be fine children. Rest easy.

[nvhltd] 24/5/2021 20:27

Fortune hasn’t acknowledged any of his failures. They just stop talking about their targets or change them. Within a few months of stating this year’s production target he was coming back to the market lowering his forecast. He did the same last year.

Within the next 5 weeks we’ll get confirmation just how bad last year was. This is despite the rampers claiming that we were one of the most profitable companies on AIM in 2020 and making £1 million a week profit. Those idiots know who they are. They are the same numpties that provide daily, weekly and monthly predictions about the share price and when the ‘tame seller’ will be out.

[purchaseatthetop] 24/5/2021 18:22

This is good debate. I welcome views that challenge "established" group think of the arc of the share price. Anybody buying in the last months when the price was 22p would be thoroughly disillusioned by now. There is a reason why the share price is as low as it is.

Decisions such as the expensive CLN's result in heavy price drag. Failure to even start the electrolyte plant and now hopefully commissioning in H2 2022 (!!!!!). Delays in output growth. Any number of failures.

However, I am back in because it will go right eventually! The rise in vanadium prices must result in positive cashflow and maybe this time it will reduce debt and increase share price.

[megaman2] 24/5/2021 16:07

I'm behind fortune he's clearly an asset I posted before that I think he was mislead by evraz and the management about what was possible (just my speculation). I know it appears I'm crying over spilt milk but it's more to thwart the arguments of the daft rampers. You can support your investment without posting untruths look at bbn ...some of these daft Ramps end up being detrimental/counter productive as their efforts can only appeal to novice unresearched investors who buy in on hype and end up quickly frustrated

[maroon bells] 24/5/2021 15:52

Fortune has acknowledged the under delivery earlier this year and has been conservative on the latest forecast so we need to wait for the results and hopefully he will over deliver next time. Maybe some posters have got slightly ahead of themselves but its only natural to talk up a share that you own. It now looks as if some sort of BESS tender win is very likely so yes 50p should be possible but it could easily exceed that if things fall into place.

[megaman2] 24/5/2021 15:21

Because you don't like what you read ie the reality and you don't have a good enough argument to combat it the rampers response is to tell people please stop posting and go away this is ruining our story.....

[megaman2] 24/5/2021 15:12

I'm glad you have asked that. What I'm knocking is not the company so much but the ridiculous narrative that has existed and been told by the rampers. 30 p next week .6750 MTV within a year these are not from the company but from the rampers who have created a whole ramped universe away from reality. Last week they produced a Twitter campaign that Said 6750 MTV within a year ....can you not see how damaging that is ....if you read my posts I've forecast something like 50 to 60 p for bmn in the medium term if things go well. A c 4 fold increase from today. But thats not enough for the £3 golden ticket brigade is it who constantly twist the facts and create this ramped reality. No wonder theres a group of frustrated investors who have been hoodwinked and brainwashed with this shxt..the seller my ass

[maroon bells] 24/5/2021 14:53

If you believe there is nothing worth buying into here then why would you hang around knocking the company? You wouldn't, as a normal person would move on.

[megaman2] 24/5/2021 14:48

Oops sorry for posting the facts and the reality perhaps if you want the 6750 MTV within A year £3 golden ticket 30p by the end of the week you should try the telegraph school ground....likely more your level and probably enjoyment you can clearly add more value there

[dontay] 24/5/2021 14:48

"Sounds like there is nothing for you here Megaman, goodbye then".That's an utterly typical rampers response, an intelligent and well thought out, articulated piece of constructive debate, detailing a point by point rebuttal of the comments made.

[maroon bells] 24/5/2021 14:34

Sounds like there is nothing for you here Megaman, goodbye then.

[megaman2] 24/5/2021 14:25

So angel house broker says $7 million net profit for average price $35 .that looks like the best figure to currently go on .

If you think the price is at 15p simply because of a forced seller nothing to do with lack of production at vametco over the last few years id have to think you must be talking about a different share....just look at the drop last week after poor production rns....

What your trying to imply is that once the seller ( and there always seems to be a seller) clears theres blue skies here . But the reality and facts are that bmn has performed poorly for several reasons one of the main ones is telling the market in 2017 vametco would produce 5000 MTV after a bit of polishing. 4 years later with little change in production there are very very serious doubts on any figures bmn give.

Clearly that doesn't suit a rampers narrative who wants to ignore the 'facts' and rely on that old chestnut it's the"seller". For years you can read this on bmn and it will be the same going forward ..it's the seller the seller the seller....