Bushveld Minerals Share Discussion Threads

[megaman2] 28/5/2021 09:27

The reality is here that by any valuation metric bmn is fairly valued. All this if v is$80 etc is fanciful. Today with a probable average price for the year so far at $35 and c 4000 MTV bmn makes $7!million net profit its current valuation of c£180 million is a reflection of the low profits being currently generated. Bmn isnt a new mining operation ramping up production it owns old mines ...vametco is only producing what it did 4 years ago...this has been and still is one of the most ramped stocks on aim .it's was ramped by share price angel ; by bmn with failed targets. But most of all it has been ramped by a cohort of p.i.s who against capital asset pricing market theory have invested large portions of their portfolio in some cases all their money into a small aim mining company. At best they are unable to look at bmn subjectively at the worst they ramp the stock deliberately to rope in novice investors who quickly realise that 30p next week and 100 p in 6 months does not materialise.

[coldspring] 28/5/2021 06:02

V price up again today across the main world markets. SP might react soon or it might be later, it will react at some stage.

[megaman2] 28/5/2021 04:07

V price as we know is volatile. Last year v in the $20 s bmn made a loss. House broker says profit is only $7 million at $35. $35 is long price average!

Isn't it mutually beneficial for enerox to enter into a fixed price offtake supply agreement for electrolyte with bmn to give a win win situation. Is that what we will see if enerox orders gain traction? Maybe I'm stating the obvious of what will happen but it reduces risks for both parties.

[saghir786] 27/5/2021 20:10

Yet far and Largo go up

[dontay] 27/5/2021 19:28

The Vanadium Market Is Deadlocked.A summary of the quotations of various domestic vanadium products today: metallurgical ammonium metavanadate98% of 115,000-117,000 CNY/Ton, retail V2O5 flake of 121,000-122,000 CNY/Ton, ferrovanadium50 of 127,000-130,000 CNY/Ton, VN alloy of 179,000- 183,000 CNY/Ton, all are cash prices including tax.At present, the domestic vanadium product market running is deadlock and smooth, and steel bidding continues. Most of the bidding prices for VN alloys are 182,000-183,000 CNY/Ton acceptance tax-included, and ferrovanadium50 are 128,000-129,000 CNY/Ton acceptance tax-included. The quotations of the alloy plants are stable, and the bulk cargo transactions volume are average. Looking at the raw material side, retail V2O5 flake transaction prices are 119,500-120.5 00 CNY/Ton,metallurgical ammonium metavanadate98% is 112,000-115,000 CNY/Ton, low prices are reluctant to sell, and high prices are difficult to sell. In the short term, the fluctuation of vanadium prices is expected to be small, there are insufficient support for the rise, and difficulty for cost support to fall, but the stalemate will proceed.www.ferroalloynet.com

[plat hunter] 26/5/2021 19:32

Consider yourself lucky then capa, you have another chance. I've 15.50 and comfortable that I'll sell them for 17.8 in short time.Don't sit there watching me do it, get some free cash or build some free shares. How you crystalise your profit is upto you ;-P

[capablanca64] 26/5/2021 15:49

"I reckon today was your last chance to buy at this level.Strong dragonfly on the stoch reversing...."Agreed tea-leaf man..... unless you wanted to buy cheaper of course.

[megaman2] 26/5/2021 14:57

15.3p on the bid . It's sell in may and go away come back on st ledgers day. Nothing going on here now .switch off and enjoy the summer.

[plat hunter] 26/5/2021 10:32

What market is that, my list is mainly green and the ftse is up 40bps?Of course there's a seller but that is what creates the the predictable range of volatility. Those sells should start getting thinner until the RSI is back over 70.Not always the way as some sellers sometimes want out any any price but if that was the case here, we wouldn't be finding support and resistance on the bollingers bands as we seemingly do.

[megaman2] 26/5/2021 10:30

GAH your daily list of not net profit nor gross profit is misleading and adds little new value. I think it's your attempt to turn this board into a pantomime.oh yes it is oh no it isn't.

[coldspring] 26/5/2021 10:22

Most of the market is red again today. As others have said we are screwed until the big round numbered sells stop. Not sure why there is no data for v price today.

[gah123] 26/5/2021 08:09

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

[megaman2] 26/5/2021 07:41

Drivers for s.p.this ear imo.

Must valuation of enerox plus contract wins by enerox in October could add 4 p to share price with valuation of enerox at £200 million (bmn c 25%)

Spin off of lemur similar to atm could give 1p in company shares 1 p in shareholders shares total 2 p

Higher vanadium price . No move yet on higher price as share price angel say $7 million profit on$35 average. No idea where v price will go but almost half way through the year my guess is there won't be a significant enough increase to give a net profit that supports more than a £200 million market cap. Add on 2 p.
I'm not adding anything else on as everything else is jam tommorrow IE next year and onwards things like atm are not even worth a mention.

So 24p and that might get sold into if Orion start off unloading.bmn isn't getting forward valued because of the cry wolf history so jam tommorrow is exactly that for valuation purposes. Bmn have two old mines that where bought for less than $100 million they made a loss last year and this year compared to current market cap any profit is looking small.

[saghir786] 25/5/2021 22:15

You sure it's not a grasshopper Plat?

[plat hunter] 25/5/2021 21:03

I reckon today was your last chance to buy at this level.Strong dragonfly on the stoch reversing....Https://www.tradingview.com/x/GguuQglf

[vauch] 25/5/2021 16:05

Sag could we have a £1 in front of the 50p

[saghir786] 25/5/2021 13:59

Can we get 50p in next 3 months I am in a hurry

[coldspring] 25/5/2021 13:34

Lady's calm down. If we get to 50p I will be super happy. I just bought more earlier at 15.62Triple my investment will be lovely jubbly.

[gah123] 25/5/2021 13:15

It's coming, commodity super cycle!!!!

[megaman2] 25/5/2021 11:17

It's not really bottom line just do the maths at a p.e. 10 .clearly doesn't suit the rampers narrative that they can only get to a 50 o valuation at a sustained price of $80.....at which price any vrfb chance will be zero.i really don't believe $80 is a mainstream view . I'm going on historical data.

[gah123] 25/5/2021 09:32

The 50p+ at $80 is bottom line including tax. I really do believe prices are heading to atleast $80. We are in a commodity super cycle which is incredibly rare so expect prices to sustain at a higher level for atleast a few years once it peaks.

[megaman2] 25/5/2021 09:24

I agree with your figures then at $80 bmn could see 50 p adds up but I think would need to be $80 average for the year.

I'm not saying I agree with your prediction I haven't got a clue where vanadium price will go as it's so volatile but it is on an upward trend .

[megaman2] 25/5/2021 09:22

Ok thanks GAH . Hopefully you can see where I'm coming from as people normally post gross or net profit. So you cant use your figures in a p.e. calculation as they are neither gross or net. Your using these figures like a drunk uses a lamp post ...more for support than illumination