Bushveld Minerals Share Discussion Threads

[megaman2] 22/6/2022 11:53

I don't know how you can frame that as spun positive . Fortunes mantra is that buying brownfield is much cheaper than building a new plant...technically true ...but here is the reality is a $151 million bill for only 2600.mtv more is a hefty price to pay to still be owning two old refurbished plants equal to 1 new largo plant..

Turns out fortune wasn't a genius after all...

[nvhltd] 22/6/2022 11:52

The new broker is 100% onboard for a capital raise. Like they said nothing can happen until the 5,400 mtv is baked in so it will probably not be until next year, but they won’t have $151 million anytime soon from normal operations despite their claim they intend to do things in stages.

This is all about kiln 3 working out, Vametco maintaining stability and some blue sky news from BE.

[mauricegarin1] 22/6/2022 11:44

Gah shorts are starting to burn now, price moving back up

[megaman2] 22/6/2022 11:42

It's worth reading carefully stage 1...clue they use the term "in advance"twice...

[megaman2] 22/6/2022 11:41

Stage 1 - Vametco - Installation of a Semi-autogenous (SAG) Mill to establish a permanent and reliable supply of feedstock for both plants in advance of further capacity expansion.



Stage 1 establishes a sustainable and reliable supply of concentrate feedstock (up to 6,800 mtV) for both plants in advance of further capacity expansion with the balance of ore, when required, being supplied through development of Mokopane, Brits or third party ore. The SAG Mill investment at Vametco will provide concentrate to enable Vanchem growth, whilst intermediate products (AMV, MVO) can also be shared between

[gah123] 22/6/2022 11:36

Squeeze coming!!

[gah123] 22/6/2022 11:36

Shorts screwed!!!

[rental] 22/6/2022 11:27

Shorts will be squeezed now,
lol they don’t need funding for 2 years and if at all as the profits keep rolling in coupled with finance.

[purchaseatthetop] 22/6/2022 11:25

Will the last shareholder please turn off the lights before they leave?

[megaman2] 22/6/2022 11:23

Cone on liftoff even you can't be in that much denial ....give up with your short theory your making a fool.out yourself ..


Well there you go the big unveil !!!! GAH and Maurice right after all $151 million required half the cost to build a new plant ....for only 2500 MTV more ...largo producing $7700 equivalent for an initial spend of c $300 million....there's a clear winning strategy here ...
Just check out the market cap ..

[liftoff476] 22/6/2022 11:20

Where does the RNS say equity raise? It does not. The shorts have pegged their hat on this so will pump the narrative whilst markets are down. All the usual suspects are joining in. Foundation pieces being placed, labour sorted, roadmap to 8k (debt), q2 should show good profits. Vanchem upgrade working well. Q3 should see nice recovery

[gerd212] 22/6/2022 11:16

The big unveil is here! All has been revealed!

[gah123] 22/6/2022 11:14

Still the big update to come!!

[gah123] 22/6/2022 11:14

Shorts digging a bigger hole!!

[gah123] 22/6/2022 11:13

Ha ha in your dreams. The production will be phased over several years so will be funded via debt and cash generated!

[purchaseatthetop] 22/6/2022 11:12

23/10/19 RNS stated ready to go for 8,400
30/9/20 RNS stated that Orion funding would allow such a material uplift in production
Now, nothing done but need $151m.
This is now going to 3p

[megaman2] 22/6/2022 11:09

How many times recently have we said dilution coming and that bmn says it's fully funded until the next rns ...they have form here ..heres the proof once again ..."reality" posted here daily once again those amongst us posting the reality have been validated by facts ..

It's pretty clear what the tier 1 broker is brought in for now ..
Listing and dilution just like i said

[liftoff476] 22/6/2022 11:06

Thats not what it says but what ever, enjoy your narrative