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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bushveld Minerals Limited | LSE:BMN | London | Ordinary Share | GG00B4TM3943 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.05 | 9.52% | 0.575 | 10,261,012 | 16:04:41 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 0.55 | 0.60 | 0.575 | 0.525 | 0.525 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Minrls,earths-ground,treated | USD 151.18M | USD -38.97M | USD -0.0166 | -0.34 | 12.3M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 17:05:26 | O | 1,870,000 | 0.575 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 24/7/2024 | 16:46 | UK RNS | Bushveld Minerals Limited Holding(s) in Company - Correction |
| 15/7/2024 | 12:39 | UK RNS | Bushveld Minerals Limited Director/PDMR Shareholding |
| 12/7/2024 | 16:57 | UK RNS | Bushveld Minerals Limited Director/PDMR Shareholding |
| 11/7/2024 | 17:04 | UK RNS | Bushveld Minerals Limited Posting of Accounts & Notice of General Meeting |
| 28/6/2024 | 17:30 | UK RNS | Bushveld Minerals Limited Final Results for Year Ended 31 December 2023 |
| 28/6/2024 | 15:29 | UK RNS | Bushveld Minerals Limited Financing Update: Orion matched funding of US$10m |
| 28/6/2024 | 13:17 | UK RNS | Bushveld Minerals Limited Holding(s) in Company |
| 26/6/2024 | 12:13 | UK RNS | Bushveld Minerals Limited Holding(s) in Company |
| 24/6/2024 | 13:50 | UK RNS | Bushveld Minerals Limited SPR Funding & Orion 2024 Financing Package Update |
| 31/5/2024 | 16:07 | UK RNS | Bushveld Minerals Limited CCSA Approval for sale of 64% interest in.. |
Bushveld Minerals (BMN) Share Charts1 Year Bushveld Minerals Chart |
|
1 Month Bushveld Minerals Chart |
Intraday Bushveld Minerals Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/7/2024 | 19:32 | Bushveld Minerals | 60,152 |
| 26/7/2024 | 19:32 | NEW Bushveld Minerals (Moderated) | 2,095 |
| 26/7/2024 | 11:10 | Good management | 1,968 |
| 25/7/2024 | 12:58 | 10 bagger Road to production | 2,107 |
| 24/7/2024 | 14:39 | Be presntation | 258 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-07-26 16:05:26 | 0.58 | 1,870,000 | 10,752.50 | O |
| 2024-07-26 15:26:59 | 0.59 | 5,000 | 29.40 | O |
| 2024-07-26 15:23:08 | 0.60 | 50,000 | 300.00 | O |
| 2024-07-26 15:12:41 | 0.60 | 240,000 | 1,438.80 | O |
| 2024-07-26 15:08:30 | 0.59 | 50,000 | 294.00 | O |
| Top Posts |
|---|
Posted at 26/7/2024 09:20 by Bushveld Minerals Daily Update Bushveld Minerals Limited is listed in the Minrls,earths-ground,treated sector of the London Stock Exchange with ticker BMN. The last closing price for Bushveld Minerals was 0.53p.Bushveld Minerals currently has 2,343,083,535 shares in issue. The market capitalisation of Bushveld Minerals is £13,355,576. Bushveld Minerals has a price to earnings ratio (PE ratio) of -0.34. This morning BMN shares opened at 0.53p |
Posted at 03/7/2024 08:58 by dontay Asked by an investor on a conference call on Tuesday what Bushveld's chances of survival were until the end of 2024 CEO Craig Coltman replied: "You would have seen in the accounts that we passed the going concern test to the end of June 2025 and that has been signed off by the auditors."But that's if our assumptions pan out including that we meet production levels as planned and that the vanadium price does not drop any further."In reply to a follow-up question on whether Bushveld could become a profitable business if the vanadium price remained at current dollar levels Coltman replied: "No. We cannot have a sustainable business at the current price."It's not the EBITDA (earnings before interest, tax, depreciation and amortisation) that is going to keep you going because you need sustainable capital expenditure in the order of four to five million dollars. And that's normalised capital. We will probably do double that this year because we are playing catch up."Coltart said he expected vanadium prices to start increasing within 12 months, commenting: "It's a matter of when rather than if. Estimates we have indicate prices could start moving up from quarter four this year or quarter one next year."Earlier this year Bushveld faced a looming loan repayment of $7m due to Orion by end-June. While it had agreed the sale of 50% of its Vanchem plant and 64% of its Mokopane Vanadium project to Southern Point Resources (SPR) for $25m, SPR still stalled in making some of the agreed payments. The $10m balance on those payments is now due end-July.Orion has agreed to defer the first repayment on the term loan from end-June to end-December 2025 and also agreed to invest up to $10m in cash.Worries.Coltman said what kept him awake at night was a combination of external and internal factors.The external factors were the low dollar vanadium price and the possibility that the rand could strengthen "notably" following the creation of the Government of National Unity.Internal risks included the long outstanding creditors balance and the group's damaged relationships with its important suppliers which had stopped dealing with Bushveld because of non-payment."We need to convince our preferred suppliers to be our suppliers of choice after we have let them down so many times. It's critical to have our preferred suppliers back in favour with us to improve our asset reliability and our planned maintenance programme."When you don't pay your suppliers they don't want to come and service you. It's as simple as that."We are long overdue to place an order for large components such as heat exchangers. There is a six month lead time but because of our poor track record with creditors they want 80% of it up-front. That's a million dollars."Asked why Bushveld management should trust SPR given the prior delays in payments which had damaged investor sentiment Coltman replied: "Fair comment. I have never seen anything like this in my life and I have done a lot of these deals."But it is what it is."I have read them the Riot Act and, if we see a repeat of SPR's behaviour, we are not going to tolerate it. We are in a much better position than we were early on in January when we were only reliant on SPR money. Now we are also reliant on Orion which has demonstrated incredible support for this organisation." |
Posted at 29/6/2024 10:17 by z1co What matters the most is Mr Market clearly liked yesterdays news and hence marked the share price UP 130% to 0.75p.There's always a few trolls/derampers on every thread that try to scare others in to selling their shares far too early. Expect the share price to rise strongly next week. |
Posted at 28/6/2024 15:34 by dontay Financing Update: Orion matched funding of US$10mToday 15:29RNS Number : 4280UBushveld Minerals Limited28 June 2024 Further to the Company's announcement and shareholder circular dated 13 May 2023, Bushveld Minerals Limited (AIM: BMN), the primary vanadium producer, is pleased to announce that it has entered into revised agreements with OMF Fund III (F) Limited ("Orion"), pursuant to which Orion has agreed to provide further funding to the Group by matching the additional funds paid by Southern Point Resources Fund I S.A. LP ("SPR") on a $ for $ basis up to a maximum of US$10 million by amending the terms of the agreements entered into for the convertible loan note refinancing announced on 1 February 2024.Highlights· Orion to invest up to US$10 million in cash.· Orion funding will match additional funds paid by SPR on a $ for $ basis, including any monies received since 03 May 2024.· First repayment of the Orion term loan deferred from 30 June 2024 until 31 December 2025.· All consents have now been received to enable the SPR arrangements (as described in the Company announcement on 07 May 2024) to complete, including further drawdowns on tranche two and three of the additional working capital facility.· Company anticipates it will publish its annual report and accounts for year ended 31 December 2023 later today.Key Terms of the RefinancingBushveld Minerals and Orion have agreed the following changes to the term loan:· Interest payments to be capitalised until the first repayment date.· The first repayment date to be 31 December 2025 (previously 30 June 2024)· Repayments (principal and interest) to be made in 16 equal quarterly amounts thereafter. Bushveld Minerals and Orion have also agreed to increase the supplementary royalty (as announced on 01 February 2024) on a pro-rata basis according to the proportion of the full US$10M drawn. For the duration of the term loan, the royalty payment rate shall be:· Between 0.264% and 0.5% with a realised vanadium price per kgV of less than US$47/kgV; or· Between 0.216% and 0.405% with a realised vanadium price per kgV of greater than US$47/kgV.Following the later of 30 June 2027 or the full repayment of the loan, the royalty payment rates described above will reduce by 50% (from 80%) for the life of the Vametco operation.Other Conditions· Bushveld is required to provide additional Vametco security on the supplementary royalty, which may require separate SARB approval.· Orion will be entitled to nominate a director for appointment to the Bushveld Minerals Board, or alternatively, a board observer.· Furthermore, a committee has been established to monitor and review agreed operational targets and key performance indicators. The committee will be advisory in nature, and its members include three Orion representatives and three Bushveld representatives. Craig Coltman CEO of Bushveld Minerals commented:"I am extremely grateful for the continued support of our shareholders and lenders during challenging circumstances. The amended agreements represent a key milestone in the sale of the Vanchem asset and provide much-needed working capital for the continuation of production at the Company's operations." |
Posted at 28/6/2024 15:06 by citys2874 agreements and consents looks like have been executed, this news is getting out and share price rocketing now |
Posted at 28/5/2024 14:54 by megaman2 LindonPosts: 2,124 Price: 0.625 No Opinion RE: Vanadium Prices recoveringToday 14:27 We have continually seen a run of slight upward V price movements - followed by a corresponding run of downward movements. Posting about these ups and ignoring the downs whilst V is simply bumping along the bottom is meaningless. Also … BMN do not export to China … and haven’t done so for the last 4/5 years since they imposed 13.5% import tax. There are no reports of a sustained rise in prospect from the USA markets and the European steel market have recently forecasted a 2024/25 fall in demand. A bit late but Lindon has stepped up and pointed out the daft ramping that's gone on bmn LSE for years . Every time there is a few days rises folk start jumping up and down then completely forget to report that the v price has fallen for weeks or months ..it's gone on for years ..& despite the company going bust they still continue .. |
Posted at 28/5/2024 05:48 by sidelinebob More coming to realisation that this is going into administration soon over on LSE!!! Notice radio silence from our resident imbecile Sammy hahahahh! He knows to zip it now especially on LSE otherwise he will be permanently suspended! A bit like this share i suppose lol. cinderconePosts: 1,968Price: 0.725No OpinionRE: Traders Cafe27 May 2024 14:59How can they possibly predict the share price will double next month when the company is on the verge of administration? Utter morons. |
Posted at 14/5/2024 15:30 by megaman2 I read landing day ..when it lands in port . Wogan have a trade credit agreement to make this possible so bmn get paid at that point regardless if the customer has paid .The supply chain is 6 to 8 weeks from order and they pay the price today not 6 weeks later on landing . So what's your point ? The vanadium ordered today gets today's price but bmn don't get paid for 6-8 weeks when it lands in port . Some of the daft rappers on lse have said the spr trade credit agreement of $25 mill which was meant to replace wogans is actually a loan that can be drawn down which was absolute nonsense ..oakbloke included it in all sorts of nonsense calculations ..that all seems to have gone quiet now and isn't mentioned in the revised terms ...probably not happening now for several reasons .. All immaterial now as this has administration written all over it. I know I'm correct because inventory includes goods in transit and at port and finishes goods and sits in the inventory until bmn get paid on landing . It's been referred to many times by tanya etc in interview . The supply chain is a known to be 6-8 weeks from order to when bmn get paid hence a 6-8 week lag in price . Today's orders at todays price will be paid in 6-8 weeks time .simples. |
Posted at 17/4/2024 06:08 by sidelinebob Visited my local fish and chip shop last night to purchase a lovely Cod and Chips , noticed that they have stop using traditional old newspapers to wrap the supper up now and are instead using BMN share certificates haha ! I cant stop smirking every time i look at the share price here , i think how much that fool Sammy must have lost haha . |
Posted at 03/4/2024 12:32 by megaman2 Harchris never ever learns..forever exaggerating prices and calculations ..HarChris Posts: 11,312 Price: 1.20 No Opinion RE: Q1 completedToday 12:25 I think the US price is about $28/kgV currently so for BMN and its premium products that would be around $30/kgV USA is $27.25..there is no historical evidence to support bmn achieving more than spot price despite claims of 5 % more for nitrovan.. often bmn are achieving less than spot price .. Harchris for years now makes claims that are simply not true then uses these figures in calculations which as a result are inflated ..then when they are proven wrong he blames other factors ...he always claims bmn are achieving a much higher price than is the reality ..is proven wrong but still continues .. What a complete kunt. |
Posted at 13/3/2024 22:16 by capablanca64 Yep unbelievable capitulation. Bit like BMN share price ???? |
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