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Beginerman
Just read this nonsense of yours. "this could well stifle the share price for a considerable time despite increases in V price"
You are actually trying to put a negative spin on a potential rise in the SP?
Just listen to yourself and consider how foolish you sound.
Jelly not sure what twit would sell when they have sat through the lowest point of the sp trend for some time. Can understand if they are forced due to lifes costs etc but doubt anyone here is going to be looking to offload to get out into any rise. We have stuck around as know the potential of this company and whikat delayed for several factors is soon about to be unleashed.
completely agree ,.... might take a small amount more time but "The progress made by the company cannot but feed through into profit"
@KN: By departure date I have tracked over 2000 Tonnes delivered to North America for 2021.
The progrees made by the company cannot but feed through into profit. The higher V price is welcome too.
We will have the final quarter production results shortly -30th Jan or 4th Feb in recent years
The tonnage produced and it seems sold will have been sold at an average price for the year of approx $35 per kilo and even I can see that the cost of production , in dollar terms ( because of the decline in value of the rand) will be no more than , I guess, $22.00. Given production through the year will be about ( others please correct me as I do not want to be too bullish) 5000 tonnes , $13.00x 5million=$65million profit which is ridiculous as against a share capital of about £115million.
My simple mind suggesta a re-rate is ( forgive the word, please ) imminent.
If the litigation is sorted , I believe a move to a less corrupt exchange will come soon.
Great time to buy-just my view
KN
KN
That assumes that all these shareholders that you refer to are as negative as Jelly and only focus on the share price and not the actual progress made by the company. There are bound to be some who think like that but I hope that there are others with more insight and a clearer long term picture of the potential value being created by BMN.
Jelly, an interesting dilemma you have, perhaps, inadvertently raised for potential new investors; that being with so many long term holders such as yourselves being so under water with the long term drop in the sp who are looking to sell on a rise to recoup losses, this could well stifle the share price for a considerable time despite increases in V price and the closer they get to vertical integration
just my opinion
well im £85k down pdub dont feel v prices will help to much when i bought in it waas £80 kg where are they today ?
Been here since 2013 (as you know) and nobody can say the SP isn't depresing. I think we all thought we'd be well ahead of this by now. However, I still bought another 20,000 today.
BMN are leading the way in building a large low cost vertically integrated vanadium platform. They are ahead of just about every other company on that path and outside of China.
It’s been tough to get this far for BMN so just imagine the challenges that the wannabe companies face as they try to copy BMN’s ideas.
And don’t forget we have some strong partnerships with Invinity, Enerox, IDC, etc.
Frustrating for shareholders? Of course. These things take a long time and Covid hasn’t helped, but the company is forging ahead with delivering the vertically integrated vanadium platform.
I think 2022 could be a strong year, particularly once Enerox issue is sorted and Duferco are out of the way.
Just need some more vanadium price rises, like we are currently starting to see in Europe and the US. Strong Q4 numbers are likely in the next couple of weeks or so.
Just my opinion.
Hi Jelly, the whole reason Bushveld are doing everything they can to support the VRFB Industry is to create more demand for the Vanadium they supply, which will in turn increase the price of Vanadium and substantially increase the profits they make.
Bushveld do not Manufacture VRFBs.
So I don’t quite understand your point about someone doing it better.
They are a Primary Vanadium Producer. Not sure how someone can produce better Vanadium than they do!
hey Jelly ... where will all those 'doing it better' get their Vanadium from ?
Jelly - Its very easy to re-brand and change gear on communications. Its a lot harder to acquire world class deposits and build infrastructure to supply the VRFB demand that is inbound. Its not 1 company that will supply the world with what they need is it, there may well be others that do it better, but it doesn't mean the runner up can't make a lot of money too.
Let's hope it is, then we need another 70 odd pct rise to be at levels this time last year. .The trouble is , those ( me included) who have held all the way through the fall and added on the way, will look for a way out , even at a loss. It's going to take some serious news to buck this trend. Nobody wants it, company has no energetic branding, has zero communication , and too many what is. Bushveld energy might as well be based on Mars. My personal opinion and I appreciate that most will disagree, is bmn is the Friends reunited ( 1990's Facebook equivelent)
of VRFB. Great idea , but someone will do it better.
Our they might be 6% higher
Cobblers Icarus ...
TA has no useful merit on an MM dominated pricing... It is pretty much all sentiment
Tea-leafe reading consistent does not work on AIM and has only some success on main boards
The Short by GSA capital partner's is still in play and where there's shorts you get trolls.
Defending against TA trolling is very difficult because its not an exact science just theories that can be interpretated in many different ways to suit.
I pay close attention to the overall market,the sector and the company.
I know all the available info surrounding the company specifics.
To answer your rhetorical question ! NO
However if it results in a breakout above the 20 MA with volume I would be a buyer.
And advise the market 're Bushveld Energy as I guess the current court action is the reason for the silence?
And reveal Vanchem increased output with Kiln 3 coming on line?
Does the chart advise what happens when the court case ends and BMN announce quarterlies showing sustained output growth coinciding with increasing Vanadium prices?
No wonder 95% of day traders lose money
It needs a weekly close above the 20week MA currently @10p as a minimum to attract buyers The 20 week MA is unsurprisingly
pointing south at an unsupportive gradient.The RSI is at 38 and trying to find support here.
The main area of support is the covid low at 7.7p which looks like it could be tested in due course.
The ideal set up here is some consolidation for a few months around the covid low,the RSI turning up after piercing 30,recapturing the 20week MA and breaking above this MA with volume.
The 20 week MA is important here as it has not been captured since the breakdown in March 2021 @17.5p.
I know a lot of investors do not hold much store in TA but even with a small amount of knowledge no one would have bought Bushveld once 17.5p broke.I am bullish this sector but sentiment is bearish and the charts express this bearish sentiment in the price action.
As long as a test of 7.7p holds buyers will surface,usual caveats apply.
Best of luck.
They will be cheaper next week.
Few more :-/