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Bushveld Minerals Share Chat (BMN)



Share Price: 25.50Bid: 25.50Ask: 26.00Change: -2.25 (-8.11%)Faller - Bushveld
Spread: 0.50Spread as %: 1.96%Open: 27.80High: 27.80Low: 25.50Yesterday’s Close: 27.75


Share Discussion for Bushveld Minerals


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ChazBigspuds
Posts: 1,066
Opinion:No Opinion
Price:25.50
Genuine Mystery
Today 18:22
Despite the reduction in Vanadium prices, these SP movements over recent months seem massively overdone. Holders could easily be forgiven wondering if this is in some way or other natural, heavy handed abuse/manipulation (by a large holder, several holders or the MM's) or whether someone has some insider information on something adverse that's looming (i.e. an issue at Vametco or some chunks of JSE shares have been offered to some for far less than the SP has been over recent months with people selling in to it) etc.

Now to my mind, if its any of the latter options, then that would surely require some serious investigation, so assuming its nothing nefarious, then so far as the wider market is concerned, the fundamentals here remain unchanged and BMN is simply massively undervalued now. They're no one trick pony (needing constant cash calls), but are instead a very well run business generating huge turnover and profits, with numerous close to fruition projects due, any of which could be transformational to the SP. Given this background, if someone is/has been shorting this long term with no inside information, then that's pretty ballsey and a huge risk, yet today on just 0.7% of our share base, with what looks to be a fair balance between buys and sells, we see another 8% drop in the MCAP and we're now almost half the price of its tradig highs just a few short months ago.

Don't know what to think, but this really needs investigation, as I recall nothing like this in all my time dealing on AIM.
 
swampdub
Posts: 379
Premium Chat Member
Opinion:No Opinion
Price:25.50
RE: Easter Bunny
Today 18:15
Would be a good time to start I think.
kevgrimmley
Posts: 1,517
Opinion:No Opinion
Price:25.50
Easter Bunny
Today 18:12
Would be nice to deliver positive news on Tuesday
swampdub
Posts: 379
Premium Chat Member
Opinion:No Opinion
Price:25.50
RE: What’s going on.
Today 18:07
Thanks Raz, let’s hope we start to see a bit of news flow after Easter.
Daisan
Posts: 6,140
Opinion:No Opinion
Price:25.50
RE: Ammonium Metavanadate up
Today 18:00
This has been the case in the past so I have no reason to believe that this shouldn't be the case again this time around. Of course, one or even a few days is not a trend but it is at least a start! At some point this has to achieve price stability and there is no way that it is just going to stop dead and stay there. It will bounce.
Raz10
Posts: 281
Premium Chat Member
Opinion:No Opinion
Price:25.50
RE: What’s going on.
Today 18:00
V Prices havn't dropped this week so can't even use that as a justification for the SP drop this week. We had a good day yesterday. Started well today then someone just selling into the small rise first thing and took out all the momentum...its someone cashing up, trading for a penny here and there, MM manipulation.... who knows,

anyway..glad we have a break from this for 4 days... back on Tue for hopefully a better week..
Harrimmm
Posts: 5
Opinion:No Opinion
Price:25.50
RE: BMN versus Largo Resources
Today 17:57
100% due to the Vanadium price crash! Dropped nearly 70% since December and still falling.
bassguy
Posts: 1,229
Opinion:No Opinion
Price:25.50
Ammonium Metavanadate up
Today 17:56
http://www.asianmetal.com/VanadiumPrice/Vanadium.html
Isn't this usually the first to move?
chasbrown
Posts: 925
Opinion:No Opinion
Price:25.50
RE: What’s going on.
Today 17:54
Wait for the price to turn before you top up. Looks like this is heading towards 20p.
swampdub
Posts: 379
Premium Chat Member
Opinion:No Opinion
Price:25.50
What’s going on.
Today 17:49
Just looked in on the day to see we’ve dropped yet again. What the actual F I going on. Nothing has changed apart from a reduced V price, fundamentals haven’t changed. These antics are crazy, just wish I had more to throw st it.
RichKen
Posts: 1,381
Opinion:No Opinion
Price:25.50
RE: Is V price manipulated?
Today 17:48
Ok calamari - so I suggest you write to Vanitec, Glencore, Largo and Bushveld Minerals as well as all the Chinese producers and ask them why the prices are changing. When you have the answer be so kind as to feedback to the board.

In the end though we are interrested here on the growth of Bushveld Minerals, how the plant will expand at Vametco, the up todate resource information, the critical plant upgrades to above 3750 mtV plant name plate production capacity to 5000 mtV and then to 10,000 mtV can be implimented.

If they are able to accelerate the introduction of a larger rotary kiln to the process. These items are very important to the business structure at Vametco.

Then we look for news on the commencement of the construction phase at East London and the ongoing plans for Bushveld Energy.

The lower vanadium prices will help the take-off of the VRFB market and increase pressure on the vanadium market further which will increase our business prospects to the next level.

If you are willing to wait as many LTH are, then you will see the development of this business and its potential realised.

In the meantime do some research yourself and maybe you can share what you learn and gain some respect from many poster's here.

Have a great weekend all!

Cheers, RK
kevgrimmley
Posts: 1,517
Opinion:No Opinion
Price:25.50
RE: Sp
Today 17:42
Is that two 500,000 buys early doors shown up but we can never tell maybe sells . Tick Tock surely RNS soon unbelievable we're back here trying to break 30p again.
Expert10201
Posts: 531
Opinion:No Opinion
Price:25.50
BMN versus Largo Resources
Today 17:41
anyone noticed the incredibly close similarity between BMN and Largo Resources, another of the world's biggest Primary V producers ?

1) coincidence of non related fundamental issues to both ?
2) shorting attack on both?
3) MM games?
4) V price effect ?

I reckon 85 % due to (4), and.15% due to (2) and (3).
I reckon (1) is not the effect

What do others think ?
BabylonBoatman
Posts: 113
Opinion:No Opinion
Price:25.50
RE: what
Today 17:40
@hotchips I don't think anyone could give you an answer on this unless they were on the inside. But obviously quite a lot of peoples minds have turned towards similar scenarios to the one you outline. Its easy to see how well that could play to a SA audience and be a good move politically. Having said that I'd like to think FM and Co are just massively busy lining up the next stage of the story and working on production improvements etc etc. I think the drop in the V price and the fact we've got probably 3 months until JSX happens leaves a bit of a vacuum thats being exploited at the moment. It will be interesting to see if the full 2018 figures are released before 1/7/2018. I guess the longer its left the more likely the 'one mega bundle' of news directly after the jsx listing becomes. But at the moment I don't think the missed deadlines etc make up part of a strategy where that is the end game. cheers BB
sausages33
Posts: 38
Opinion:No Opinion
Price:25.50
Not the best week!!!
Today 17:37
Well let's have a beer or an appropriate alternative and look forward to some cracking (Easter) news soon...How about those excellent representatives on this board organising another charity donation when back at 30p..??
calamari
Posts: 513
Opinion:No Opinion
Price:25.50
RE: Is V price manipulated?
Today 17:27
Huh?
brasi
Posts: 414
Opinion:Strong Buy
Price:25.50
RE: Sp
Today 17:25
Okay, to be thinking about buying ‘more’ shares you must already have a holding in the company. So therefore you haven’t sold that holding yet so you must think the share price is going to increase otherwise surely you would’ve sold them by now had you thought the share price was going to go down?

Secondly, what did you know about the vanadium pricing market when you bought your first shares? It may help figure out what you should do next?

Just trying to see the thought process of other investors!

Regards
Sanchez599
Posts: 4,265
Opinion:No Opinion
Price:25.50
RE: Is V price manipulated?
Today 17:18
One minute you are trolling then you buy in and want to have a serious discussion. You do realise people have memories right. Pigpen has it spot on. Wrong un.
calamari
Posts: 513
Opinion:No Opinion
Price:25.50
RE: Is V price manipulated?
Today 17:15
Thanks for the link, Ken. Although it doesn't really address the question.
Sanchez599
Posts: 4,265
Opinion:No Opinion
Price:25.50
RE: Re SP
Today 17:15
Cool, you will be able to buy that unicorn you have always wanted.
calamari
Posts: 513
Opinion:No Opinion
Price:25.50
RE: Sp
Today 17:01
Actually I'm tempted to buy more at this price, but I want to understand what's going on with the vanadium price first.
vauch
Posts: 1,767
Opinion:No Opinion
Price:25.50
RE: Sp
Today 17:00
And the BMN share price piss take continues
jaffas
Posts: 2,214
Premium Chat Member
Opinion:No Opinion
Price:25.50
Re SP
Today 17:00
Be all over this as 20p
brasi
Posts: 414
Opinion:No Opinion
Price:25.50
RE: Sp
Today 16:57
have you sold all your shares calamari?
RichKen
Posts: 1,381
Opinion:No Opinion
Price:25.50
RE: Is V price manipulated?
Today 16:57
Calamari - you come across very negative on the situation. If you would like the answers from the article rather than PI investors, try reading this little article. You may find out that lower vanadium prices may prove to be a very good thing:

https://stockhead.com.au/resources/think-high-vanadium-prices-are-good-youre-wrong/

I hope you find this link helpful. It makes it very clear some of the reasons.




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