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London South East - Oil & Gas Investor Evening: Malcy, Echo, Savannah, SDX
Andrew Knott, #SAVP speaks at London South East's Oil & Gas event


Bushveld Minerals Share Chat (BMN)



Share Price: 28.50Bid: 28.00Ask: 29.00Change: 0.00 (0.00%)No Movement on Bushveld
Spread: 1.00Spread as %: 3.57%Open: 28.75High: 29.00Low: 28.50Yesterday’s Close: 28.50


Share Discussion for Bushveld Minerals


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Endion
Posts: 1,626
Premium Chat Member
Opinion:No Opinion
Price:28.50
RE: Whenever FI choose to sell...
Today 00:27
Yea that was me ;) and yea it was tongue in cheek, if only because a lonely or even group of PI's would never be able to sway the opinion of an II! I agree with your post, though I would have liked to have seen some price appreciation due to the sojitz buy out closer the the event. When rises are delayed there is a chance the effect of it is somewhat dampened or mixed with later news releases. All of which will come out in the wash eventually but potentially a source of frustration short term. I would have preferred for example that the consolidation band be between 34 - 36p rather than 28 - 30p, but really what does it matter long term? Or even potentially short term, if some of the news we are expecting is released then even First Island selling won't hold it back.
 
loudspeaker
Posts: 3,713
Opinion:No Opinion
Price:28.50
Vanadium review and outlook
Mon 23:40
That interview that I posted this morning from a Chinese Vanadium producer is dropping in inbox's

Vanadium Perspective From Chinese Producer (V2O5 $30.7lb)

http://www.asianmetal.com/metal_cron/2018/index_lunshi_lvxiaoli_en.shtml

The continuous upward movement in vanadium pentoxide flake prices is totally decided by the supply-demand status. Affected by new industrial policies, vanadium slag is banned from being imported, and environmental protection policies prevent small-sized vanadium plants and plants extracting vanadium from stone coal from increasing their outputs. As a result, the vanadium pentoxide flake market falls into severe supply shortage, and therefore it becomes inevitable for prices to soar.

The market price is relative. As long as there is demand in the downstream, the price rise is reasonable. There is no concept of top. I estimate that the price of V2O5 98%min will remain above 400,000 yuan/ton for a long time. (US$26lb)
ludeck
Posts: 1,208
Opinion:No Opinion
Price:28.50
Whenever FI choose to sell...
Mon 23:21
There was a (tongue-in-cheek?) suggestion that someone should provide FI with data that might convince them to hold for a few more months for the significant additional profit that most (all?) here believe are coming.

Regardless of whether such a move might stand any chance of success, I am wondering whether the majority here would actually benefit?

By selling now, FI - massively in profit from their 10.xp investment - are being replaced by new holders buying at 29p.
As well as cementing nice support at this level, these new holders are going to be looking for a decent profit from their investment, so we can assume they will be looking to sell at 50p +. In fact, many of the FI shares are probably being taken up by existing LT PI holders with an even greater target price, so a good portion of the FI holding will probably not be sold until the sp reaches £1 or more.

If FI did not sell now, surely we are just delaying the effect of the overhang for some future time. No doubt there will be a few here who would like to cash in a few shares now, so for them, having FI hold on for a few months would be convenient. But for those looking to hold for £1, for £2 or for whatever long term price they predict once the vertically integrated rocket leaves the launchpad, my feeling is that perhaps having FI exit now while things are quiet on the news front is actually not a bad thing.

What is almost certainly in no-ones interest is for a significant holder to be offloading during a big news period. Erongo were selling whilst the news of BMN taking out YD's stake in Vametco was released, along with two or three other significant RNSs, and the effect was to completely stifle any gains which might (and probably should) have been made on the back of those.

So my thinking is get FI off the register now, get their shares into the hands of new or existing investors with a £1+ outlook, and then await the inevitable re-rate as dividend, brownfield, Eskom, Mokopane and Brits news hits without the reality or threat of a significant holder selling into the buying pressure which such news will hopefully generate.
Pdub
Posts: 7,244
Opinion:No Opinion
Price:28.50
RE: SP Angel
Mon 23:12
I am not sure if anyone else has said so yet but I found the interview featuring John Meyer and Alan Broome (Chairman of SML) very interesting. There was a discussion about vanadium but a range of other metals including tin, copper, tungsten and lithium were also covered. Perhaps some investment ideas down the road when searching for a home for the large profits people have already made and will no doubt make in the future?

If anyone here has not yet seen it I suggest viewing it with an open mind.

https://www.proactiveinvestors.co.uk/companies/stocktube/10940/tin-tungsten-copper-and-rare-earths-now-ranking-as-world-s-leading-strategic-metals-10940.html

And on the subject of interviews I thought Fortune was superb in the interview last week. Very positive and one of his best.

Regards. Pdub.
YTSS
Posts: 664
Opinion:No Opinion
Price:28.50
RE: First Island Trust
Mon 22:59
Vattenfall, a Swedish company, appear to be developing a Li battery storage facility in the UK

https://group.vattenfall.com/uk/newsroom/news-press-releases/pressreleases/stories/battery-powers-up-to-help-keep-uk-lights-on
Tyfoon
Posts: 3,121
Opinion:No Opinion
Price:28.50
RE: First Island Trust
Mon 22:54
Alfa, great strategy to promote the #BMN message on Twitter, it's another platform where posters find it easy to share the message, and the number of #vanadium #BMN #BE #vrfb fans appears to be increasing exponentially.

I'm in and I'm posting. Spread the word!
zeusfurla
Posts: 15
Opinion:No Opinion
Price:28.50
RE: First Island Trust
Mon 22:23
Endion Thanks too. I'd keep a few if I were them!
BMNSA
Posts: 18
Opinion:No Opinion
Price:28.50
Out Of Date A Little But Good 2C
Mon 22:22
Bushveld Minerals profits soar after Vanadium price increase
By UK Investor Magazine - 26/09/2018

Bushveld Minerals (LON:BMN) have reported a promising set of half year results that highlights the positive impact of Vanadium prices on the company’s earnings.
A rising Vanadium prices in combination with a number of acquisitions have helped Bushveld Minerals’ revenue jump to £62m in the six months to June 2018, up from just £2.2m in the corresponding period a year prior...……..

https://ukinvestormagazine.co.uk/bushveld-minerals-profits-soar-after-vanadium-price/?fbclid=IwAR2y5jmKFBOHuj7OJi2XqwnRIARDsMpLbepxCNzZGZBz6-uxWViBlu2faDY
zeusfurla
Posts: 15
Opinion:Strong Buy
Price:28.50
RE: First Island Trust
Mon 22:21
Alfa Thanks for your quick and clear answer to my question and I don't blame the company for taking a profit. Bit of a share overhang for the rest of us but the value in BMN should overcome this given the likely flow of good news coming in the next few months.
Endion
Posts: 1,626
Premium Chat Member
Opinion:No Opinion
Price:28.50
RE: Bmn tweet
Mon 22:16
Not the first time BMN has referenced eskoms new battery storage plan. And now they are bold enough to say this is what they have been working towards since creating Bushveld Energy back in 2014. BE will almost certainly be bagging many of those battery storage contracts. They tick all the boxes, and are on track to be producing batteries by the end of 2019 when the first contracts are due to be fulfilled.
Endion
Posts: 1,626
Premium Chat Member
Opinion:No Opinion
Price:28.50
RE: First Island Trust
Mon 22:13
First Island likely know very little about BMN nor do they care. As fatbanker has pointed out they likely agreed a deal to sell X many shares at X price and thats that. They still have plenty of shares left so could sell half now and keep half for later. Still bagging them a hefty profit compared to many of their deals i imagine!
dimmented
Posts: 77
Opinion:No Opinion
Price:28.50
Bmn tweet
Mon 22:06
Check out @BushveldMin_Ltd’s Tweet:

https://twitter.com/BushveldMin_Ltd/status/1054473510008119296?s=09

Reiterating what fortune wrote in his linkedin post.
MenoMosso
Posts: 23
Opinion:No Opinion
Price:28.50
RE: MM's
Mon 21:54
Im not sure if this has been discussed here yet. But at the risk of sounding naive, some of the the MM activity is illegal is it not ?
daitom
Posts: 1,337
Opinion:No Opinion
Price:28.50
Cynicism
Mon 21:50
I am still an old cynic when it comes to statements used by certain posters to thrown in the element of doubt!! Paranoia setting in maybe!!?
Alfacomp
Posts: 7,104
Premium Chat Member
Opinion:No Opinion
Price:28.50
RE: First Island Trust
Mon 21:40
zeusfurla, welcome - and a short answer to your question.

They bought something like 41M shares at 10.3p - that cost them 4.2M pounds.

They are selling at around 29p so have made 181% profit ( GBP 7.6M) in about 7 months - I bet that they cannot believe their luck.

Remember not all placees are not the same as investors, some even flip their shares the very next day, shocking but true.
Expert10201
Posts: 144
Opinion:No Opinion
Price:28.50
RE: First Island Trust
Mon 21:36
Zeus..... good question. And it puzzles me too If we (Private Investors) are all here chasing this amazing pot of gold at the end of the rainbow...... why are institutions wijth large holdings cashing in ?
YTSS
Posts: 664
Opinion:No Opinion
Price:28.50
RE: MM's
Mon 21:34
Only been around for a while and Fortune has mentioned a number of times how undervalued BMN is and what everybody on here points out. If the recent placee First Island would have been tied in for longer, the SP I guess would not be this level. Although everybody hates the mms daily tricks, have they not been given the ammunition to continue. There appears to be good buying on a daily basis.
zeusfurla
Posts: 15
Opinion:Strong Buy
Price:28.50
First Island Trust
Mon 21:21
Hi all. First to say that after spending much of the weekend researching BMN including the terrific Bushveld Perspective I bought a few shares today sub 29p - interesting to see MM moves to try to control the SP at least in the short-term. You can't hold back the tide forever. I had a question that may have been answered at some point on here and it is why are First Island selling so many shares? Do they know something that we don't know? Maybe we don't have the answer to this but worth asking the question. Seems like particularly poor timing on their part. Impressed by FM in recent interviews and some of the really high-quality insightful posts on the site. Will add my comments when I have something worthwhile to say. Best wishes to all.
YTSS
Posts: 664
Opinion:No Opinion
Price:28.50
RE: BMN Tweet: Climate Finance Facility
Mon 21:15
Fortune appears to be active on Linkeden currently, another post today.

Fortune Mojapelo shared a post: I wrote the other day about the need for today's utility to disrupt or re-imagine its business model and the role of energy storage in this. It is great to see Eskom take such a proactive role in this process. It vindicates our decision back in 2014 to set up Bushveld Energy (www.bushveldenergy.com) to develop the opportunity for vanadium based energy storage. The business case for long-duration, large-scale battery energy storage is real and the opportunity - with VRFBs potentially boasting >70% in local content - exciting. #energy #energystorage #VRFB #BMN @BushveldMinerals_Ltd #Eskom https://lnkd.in/gBPmEKP Comment Unsubscribe  |   Help
jay12
Posts: 3,416
Opinion:No Opinion
Price:28.50
RE: BMN Tweet: Climate Finance Facility
Mon 21:06
For selfish reasons I am hoping we are at this level for another 2/3 weeks. I have cleared my bridging loan and now remortgaging another to buy more. Like all lth was hoping with recent news it would be higher but this has to be one of best lt plays out there. I wonder in two years where will be? I do not post much now as in truth was never a tech poster. I read all and this is still by far best board out there. I am over the moon with where we have come from but more where we are headed! Gla
Endion
Posts: 1,626
Premium Chat Member
Opinion:No Opinion
Price:28.50
RE: MM's
Mon 21:02
Three little piggies taking shares from a big bad wolf blowing shares all over the place. Thanks for the ongoing analysis. I wonder how long this sort of behaviour will continue.
Alfacomp
Posts: 7,104
Premium Chat Member
Opinion:No Opinion
Price:28.50
RE: MM's
Mon 20:38
Yachty
Posts: 124
Opinion:No Opinion
Price:28.50
RE: MM's
Mon 20:37
Alpha et al, has it been formally communicated to BMN that it is felt that the share price is being manipulated and that SP Angel, from our perspective lack any credibility whatsoever and are perhaps more of a hindrance?

I felt the FM was a little piqued concerning the non advancement of the SP in view of recent developments and wondered if there might be moves afoot to address this specifically. (from watching the recent interview).
Alfacomp
Posts: 7,104
Premium Chat Member
Opinion:No Opinion
Price:28.50
RE: BMN Tweet: Climate Finance Facility
Mon 19:30
All slotting into place isn't it. How much longer will we be able to buy at sub 40p ?
Endion
Posts: 1,626
Premium Chat Member
Opinion:No Opinion
Price:28.50
RE: MM's
Mon 19:17
Quite a few after the bell trades today. Unusual for BMN, usually found in stocks with more volume and interest. A sign that trading may soon be beginning to grow to another level? Or just a temporary phenomenon and something to do with the First Island shenanigans currently going on? Only time will tell. Possibly with a dollop of help from Alpha.




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