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EXCLUSIVE: Aura Energy #Aura to IPO Swedish Vanadium prospect


Bushveld Minerals Share Chat (BMN)



Share Price: 18.15Bid: 17.80Ask: 18.50Change: -0.20 (-1.09%)Faller - Bushveld
Spread: 0.70Spread as %: 3.93%Open: 18.40High: 18.40Low: 18.15Yesterday’s Close: 18.35


Share Discussion for Bushveld Minerals


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Sanchez599
Posts: 2,500
Opinion:No Opinion
Price:18.15
RE: Vanadium prices
Today 12:03
And still our behemoth in the making, BE is valued at £0.00, our other vanadium behemoth Mokopane, £0.00 and junior behemoth Brits also £0.00p. For those who think the market prices in items like this. Clearly it doesn't.

18p might be frustrating for some, but like 8p it's times like this when buying should be done because when we are soon much higher you will wonder why you didn't buy more.

A year from now, imagine those H1 results and what will have had to be acknowledged and delivered before then. It's going to be an epic 12 months.

Remember the YD buyout last xmas. Dont underestimate FM blindsiding everyone with news from left field. or even the east field.
 
BigBiteNow
Posts: 3,013
Opinion:Strong Buy
Price:18.15
RE: Vanadium prices
Today 11:43
The time for the SP to begin its next move north must now be very close.

V205 prices are now averaging over $17 per lb, that is phenomenal.

Vametco at 3 week into their realised H2 is averaging $72.30 per kg FeV in Europe and $76.30 in the US. Wow! These are truly heady times.

Better still the real time H1 average FeV figure has been strengthened further these last few weeks, such that any reference brokers employ for H1 2018 should be reported in the region of $63, which again leads to an even stronger basis for valuation.

This week will see the 2017 accounts released, which will in turn see the start of a minimum month long period of news releases across BMN’s main platforms.

Everything but everything points to a strong focus being once again placed on BMN’s latest achievements, at a time when Vanadium prices are as strong as they have ever been.

If BMN has achieved their milestones as planned and as signposted, then the progress combined with those prices should see a very strong reaction in the SP.

For those that believe the market always prices stock fairly and in line with their current worth, I would encourage you to place close attention to what happens here over the next few weeks/months.

BMN are likely going to deliver near as damn it exactly what they clearly stated they would in this time period.

The price of Vanadium has very clearly and much more publicly demonstrated it strength.

This in turn has been clearly benchmarked by the company in terms of the outcomes that will drive for the company.

And yet the market sits and waits and does not give respect to what is clearly going on in the background.

It will soon enough and it’s highly likely going to be quite a thing to see when it does.

And that of course ignores the bonus developments, the perceived progressive items. We are talking merely what the company is producing, planning to produce, developing and executing in line with what they said they would do this year and beyond.

Tick tock. .
Daisydog
Posts: 498
Opinion:No Opinion
Price:18.15
RE: Buying opportunity
Today 11:41
I guess so. I meant to imply that the tedious stagnation at 18p has gone on too long and
I'd really rather like this to start to approach it's fair (if not true) value sooner rather than later.....
Alfacomp
Posts: 5,651
Premium Chat Member
Opinion:No Opinion
Price:18.25
RE: Buying opportunity
Today 11:01
DD - until we reach a minimum of £1 every day is a buying opportunity.
Daisydog
Posts: 498
Opinion:No Opinion
Price:18.25
Buying opportunity
Today 10:43
I'm sick of buying opportunities now....
loudspeaker
Posts: 3,171
Opinion:No Opinion
Price:18.25
H1
Today 10:01
Looking at today's trades this morning I see someone got mugged at 0842.
This is the last week of H1 and I guarantee an RNS which could contain one of many different news items will land this week.
tones77777
Posts: 1,311
Opinion:No Opinion
Price:18.25
Position Built
Today 09:53
Thank you to the LTH's for helping me with my queries a few weeks ago. I have since built a sizeable position (my largest holding) albeit it's certainly small compared to people on here who are millionaires through gains on this stock.

Managed to average just under 18p which I personally think is a steal given the merits of the stock here. A medium term hold for me and hence unconcerned by daily fluctuations!

GLA!
Nickderby
Posts: 3,735
Opinion:No Opinion
Price:18.25
Vanadium prices
Today 09:31
Pdub
Posts: 6,693
Opinion:No Opinion
Price:18.25
RE: Off topic
Today 09:30
Congratulations on that LS. As you say perhaps the first of many. Perhaps you could collectively join Weightwatchers - you will certainly be able to afford it!
loudspeaker
Posts: 3,171
Opinion:No Opinion
Price:18.25
Off topic
Today 09:25
A few of my little bushy club spent Saturday evening at a lovely Italian restaurant in the old quarter of Birmingham.
It was organised by the first one of us to become a cash millionaire with BMN.which was achieved when the SP went through 20p.
The delicious food just kept on coming and copious quantities of wine and Peroni were comsumed.
I am expecting these nights to be a regular occurrence this year, just a tad worried about all the excess weight I'm going to put on.
Pdub
Posts: 6,693
Opinion:No Opinion
Price:18.25
Cash cow or elephant?
Today 09:18
For new investors you really need to look at these incredibly positive numbers from Vametco vanadium producing plant.

Since the RNS on 21 Dec 2017 announcing completion of the acquisition, BMN owns 59.1% of Vametco mine and vanadium production plant. That makes BMN one of only 3 primary producers of Vanadium outside of China.

Vametco production cost 2017: $16.6 kg V or $16,600 per metric tonne vanadium (mtV)
Price Vanadium (end January 2018): $60 kgV or $60,000 mtV
Current production rate: 3,035 mtV pa

Expected production costs decrease: 7% through economies of scale
Production rate by June 2018: 3,750 mtV pa
Production guidance for 2018: 3,680 mtV (3,050 mtV Nitrovan, 630mtV FeV)

At a vanadium price of $60 kgV (ed. $60,000 mtV) the CEO recently stated that the Vametco plant is capable of generating an Ebitda of $150 million in 2018 !!!!!!!!!!
Remember 59% owned by BMN Bushveld Minerals.

Since CEO made that statement the price of vanadium has risen to around $70 kgV. ($65,000 to $70,000 mtV). That suggests that Ebitda could be significantly higher than the CEO assumed due to the higher price of vanadium.

Production rate by 2019: 5,000 mtV or more pa (that is a nearly 40% increase in production from the start of 2018 and 33% increase beyond the June 2018 target rate!)

One further point. It is my understanding that Vametco's patented product Nitrovan attracts a 5% premium to the price of vanadium.

The sources of this information are either RNS, BMN Presentation or Interview. Opinions are just my own. Links to sources:

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=BMN&ArticleCode=2v3qf6kj&ArticleHeadline=Q4_Operational_Update

http://www.bushveldminerals.com/wp-content/uploads/2018/02/BMN-121-Presentation7861.pd

http://webcasting.brrmedia.co.uk/broadcast/5a7dbf0ecb5fd9447f49d716

We also have Michael Kirkwood recently appointed to the BoD, a highly experienced former international banker. Read about him here:

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=BMN&ArticleCode=gqc67f3l&ArticleHeadline=Appointment_of_Michael_Kirkwood

And we now have experienced ii's on board via the recent placing for £15 million. So the company is well funded to move this very exciting vanadium story forward. There is some speculation that BMN may be negotiating to acquire Sojitz' 15% of Vametco, which if true would take BMN share to 74% (this may change under new Mining Charter).

2018 may also bring news on the Mokopane vanadium project, the Brits vanadium project, electrolyte production plant, a brown field development and further progress on the Madagascar coal to power project.

In my opinion a great time to be in BMN as the market appears to be awakening to the idea that BMN is very very undervalued. The recent pull back in sp, for whatever reason, appears to me to be an unexpected buying opportunity!
Daisan
Posts: 4,548
Opinion:No Opinion
Price:18.25
RE: II price
Today 09:11
I think that the deliberate reference was for knuttie's post.
Alfacomp
Posts: 5,651
Premium Chat Member
Opinion:No Opinion
Price:18.15
RE: II price
Today 09:08
sorry dryland was I being deliberately patronising or not ?
dryland
Posts: 567
Opinion:No Opinion
Price:18.15
RE: II price
Today 09:07
touche....golf beckons there are still some parts of the course i havent dug up. ....
knuttie
Posts: 4,620
Opinion:Strong Buy
Price:18.20
RE: II price
Today 09:03
it was deliberate, just a bit of banter on yet another boring morning
dryland
Posts: 567
Opinion:No Opinion
Price:18.10
RE: II price
Today 08:58
liberate = deliberate
dryland
Posts: 567
Opinion:No Opinion
Price:18.10
RE: II price
Today 08:57
Very funny knuttie though I doubt it was be liberate...I forgot only uber positive posts are allowed...apart from negative posts about John Meyer of course
knuttie
Posts: 4,620
Opinion:No Opinion
Price:18.00
RE: II price
Today 08:55
Less of the doom & gloom please Dryland I don't need lessons in investing from you
dryland
Posts: 567
Opinion:No Opinion
Price:18.00
RE: II price
Today 08:42
Less of the patronising posts please Alfa I don't need any lessons in investing from you regardless of what you might think
Fosters100
Posts: 261
Opinion:No Opinion
Price:17.85
RE: II price
Today 08:41
Price moved from 8.5p to 22p ish in a small amount of time lots of profit taking. Hold for me and purchase little and often on the dips. SXX is looking good to:)
Daisan
Posts: 4,548
Opinion:No Opinion
Price:17.85
RE: II price
Today 08:41
Other than the fact that the price of the product they produce has soared this year.
Nickderby
Posts: 3,735
Opinion:No Opinion
Price:17.85
Mokopane
Today 08:39
Mokopane post tax NPV at a V2O5 price of $18 is up to $1.463 billion.
Bring on the mining licence!
Alfacomp
Posts: 5,651
Premium Chat Member
Opinion:No Opinion
Price:17.85
RE: II price
Today 08:37
dryland - dry your tears mate, no share goes up in a straight line, especially after a 150% rise on zero news. Consolidation is a character building necessity.
dryland
Posts: 567
Opinion:No Opinion
Price:17.85
RE: II price
Today 08:36
It certainly is a bit frustrating....longer term I have no issue but short term it could get a bit rocky
jay12
Posts: 2,695
Opinion:No Opinion
Price:17.85
hey ho
Today 08:35
I for one am hoping that fortune releases an update on several fronts. I like most am aware (thanks nick and others) that expected returns may not show profit to end dec. However there must be a reason that we have not heard anything imo.. gla




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