The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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ha ha
I hope the share price is at least 20p again before 4 years
I should add of course, that with those generated figures ($185m+) .. I would rather expect a healthy dividend (maybe 3-4p+) ... similar mining stocks have yields ranging but if we picked 4%, that is still an SP of 100+ at a min.
Whatever way you look at it, on purely steel sales alone and ignoring everything else the SP moved 5-6x from here over the next 3-4 years..... newbies takes note ... not many stocks can say that with such a low risk
well yes .. but it is going to take 2 years to get to 6,000 ish MTV and another 12-18 months to get to 8,400MTV
Well ... at a V price of $60 and all in costs of $28, 8,400 delivers $270m (on a 100% basis). V price of $50 => $185M .... so need more added value beyond that from Leasing & BE
Would be delighted to see a strong upward motion, but a 2B valuation (as you put) might very well take a lot more than final nameplate capacity and all of that is 4+ years away..
But I probably am talking nonsense .. we will see
I hope it's sooner than 4 years
exactly RazorS .... 4 years with a bit of luck (and with solid BE, may well be earlier)
Some simple arithmetic from me - I think 2 Billion market cap is around the limit for a company to be considered "small cap". For us to 10 bag into 2B (roughly), assuming the same amount of shares in issue, and assuming some reasonable PE ratio like 15, I believe around 12p EPS would justify the share price of about £1.90. Assuming the same shares in issue, (actually ive used a round 1.192B) 243M of earnings total would be suitable. Now think about how possible this is currently, and how much easier it'll be when BE energy is off the ground and we've won some Eskom tenders
Arithmetic doesn't always suit me either!
I’ve read it again and it appears that it is me that cannot count this time!
Look at the shares in issue number.
From 1st Feb. Following Admission, there will be a total of 1,192,231,543 Ordinary Shares in issue, 670,000 of which are held in treasury. Shareholders should use the figure of 1,191,561,543 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the voting rights of the Company, under the FCA's Disclosure and Transparency Rules.
From today. Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage solutions provider, with ownership of high-grade assets in South Africa ("Bushveld"), announces that in accordance with the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued share capital of the Company consisted of 1,191,561,543 ordinary shares (excluding shares held in treasury), carrying one vote per share. As at 26 February 2021, the Company held 670,000 ordinary shares in treasury.
Shareholders should use the figure of 1,191,561,543 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure and Transparency Rules.
Are you sure, jogj99? I just went to read the 1 Feb RNS and the figure I took away and wrote down was 1,191,561,543 which appears to correspond with the RNS today.
Someone cannot count again! The figure used in the RNS of the 1st of Feb was incorrect. I’m assuming that this has come from someone tidying up, probably getting ready for a new listing somewhere?!
Total shares in issue: 1,190,087,892 (this excludes 670,000 shares held in treasury)
Major shareholders as at 29 January 2021.
Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage solutions provider, with ownership of high-grade assets in South Africa ("Bushveld"), announces that in accordance with the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued share capital of the Company consisted of 1,191,561,543 ordinary shares (excluding shares held in treasury), carrying one vote per share. As at 26 February 2021, the Company held 670,000 ordinary shares in treasury.
Peeps asked for more regular comms, so TVR every 3-4 weeks ;-)
A lotta house keeping going on this month.....fingers crossed.
Any ideas why now for the confirmation of TVR? Have I missed something