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Yes Faramog I've been in the red for well over a year when at one point my holding had doubled but still happy to hold for the long term. I don't expect a 10 bagger anytime soon as I've not done the hard slog, but it annoys me when people come on here thinking they deserve fast money and bad mouth people. I've been here 3 years but I know rises and investing aren't linear.
Covid jabs seem to cause mixed reactions in different age groups and those who could have had CV previously from my discussions. i has man flu 24 hours last time but hopefully no problems tomorrow. As a healthcare professional I will advocate that a little discomfort is worth the long term freedom we shall all see in the long term, :)
Thanks HS... Yup... Early on when Bushveld held a 26% stake in Vametco ... Was certainly quite a time... Heavily underwater for some considerable time.
But the big picture was clear to those who bothe cared to look and took the time to research and understand
I had a very tough few days after my first AZ jab.. hope your 2nd goes well.
All the flapping types... Chase a rainbow elsewhere or hold for gold !
Grow up Lindon and take a good hard look at yourself in the mirror, give yourself a talking to and move on. You have the audacity to talk about juvenile cr@p being posted yet you continually post ‘juvenile cr@p’
How ironic.... Lawrence looses his head when someone calls out the childish comments made on here.
You forgot to line your ducks up and give it a ticky tocky boom boom.
Hi Faramog lets talk about your buy in at 1.6p along with others like Pdub, NickD, Alfa et al. I believe you will all see a 100 bagger if you have a < 2p average in the next few years. You all fully deserve it after holding over 6-8 years and what might end up being 10 years when BMN reach full capacity production. 100 baggers only come to those who are willing to wait 10 years plus and ensure all sorts of doubts.
I remember there were some spiteful comments when many newer holders were in the red post first-lockdown against the LTH's with lower averages. What they do not understand the same LTH's will have had the same pain at different points of their early investments that some of us with 20p+ averages now.
To not sell when their investments are multi-bagging requires a lot of discipline also, so I congratulate those who have the willpower to keep holding when it seems easier to sell.
Anyhow just catching up after a drop off drive down south and my second Astra Zeneca Jab this morning. Fingers crossed the Man- flu I had last jab stays away and we can all enjoy seeing our families again next week with lockdown easing.
I posted this comment this morning:
“ If the bb descends into disagreements and personal attacks we all lose”
If ever a day on the bb demonstrated the truth of that statement then today must be at the front of the queue.
I hope tomorrow is a better today. Dare I say it a day that may actually attract new investors?
“In most cases these rampers have had enough and want out themselves ... and THAT is why you get the repetitive copy and paste ramping posts. Hence the concerted ‘campaigning’ ... they want better comms so the sp will get a rise out of it ... and then they’ll be gone!”
@Lindon , so we can get some balance here why do we get Repetitive Copy & Paste Whinging, Moaning, Crying Deramping ‘campaign’ (don’t tell me it’s not copied & pasted as it is the same negative garbage tones repeated over & over & over again, no clown would rewrite such a cogent campaign ? Surely) maybe this is a new Warren Buffet strategy for enticing new investors? Maybe it’s to help your investment increase in value? I’ve heard some cr@p in my time but you take the biscuit with your know it all attitude.
So from now on we can all copy and paste Whinging Whining Moaning Negative Garbage as it suits your agenda? No more positivity as that will surely harm the SP & Sentiment?
“Also this BB is NOT a BMN supporters forum where only comments in support of the company should be seen and much as the lecturing narrative control freaks would like it to be ... THAT is what the ‘Perspective’ site is for. ... this is an open to the public ‘opinion’ forum.”
What moron would come onto a forum and constantly Berate their investment? This must be another new strategy you’ve learnt Lindon, please enlighten us to the background in this new technique.
So Lindon, we must all now put up with your Lecturing Narrative, Control Freak Narcissistic behaviour?
Grow up Lindon and take a good hard look at yourself in the mirror, give yourself a talking to and move on. You have the audacity to talk about juvenile cr@p being posted yet you continually post ‘juvenile cr@p’
Positive Sentiment delivers Positive Results - FACT
Your lack of knowledge regarding AIM listed companies shows no bounds, let me help you, you poor thing:
Boohoo LSE:BOO - MCAP £4.347BN - SP £3.44
Burford Capital LSE:BUR - MCAP £1.587 BN - SP £7.22
Hutchison China Meditech LSE:HCM - MCAP £3.036 BN - SP £4.19
ASOS LSE:ASC - MCAP £5.580 BN - SP £53.60
Fevertree LSE:FEVR - MCAP £2.653 BN - SP £22.70
All AIM Listed and All Massive Companies
Why does it matter? Why does it matter if the comms are infrequent? Why does it matter what level the sp is currently at? This is a growth company, NOT a get rich quick company. All Alpha is saying is go roll the dice somewhere else if you want to make quick buck because your invested in the wrong company if you do.
Any serious investor shouldn’t even consider investing here if their ‘Investment risk’ profile is short term. That’s what the rampers and campaigners won’t tell you with their false ... “of interest” and of benefit to ‘new investor’ type ramping excuses, all done under the ‘positive’ flag waving banner!
In most cases these rampers have had enough and want out themselves ... and THAT is why you get the repetitive copy and paste ramping posts. Hence the concerted ‘campaigning’ ... they want better comms so the sp will get a rise out of it ... and then they’ll be gone!
Long term investors like Sanchez with his commercial promotional type professional experience is NOT one of them! The fact that he’s not happy is purely down to his prior professional perspectives and understands and has knowledge of the effects of ‘promotion’. But this is the stock market, not a retail company! However we are all the by- product of our experiences!
Most new investors to BMN or any other aim listed company ... are far more experienced than these rampers.
Some of them even know what a basic ‘roll over’ is without having to ask!
There is no need for the copy and paste ramps or ‘ ‘campaigns’.
They are irrelevant and for the most part just an excuse for some to get a rise out of the sp and get out sooner if they can.
It may take anywhere from another two years onwards before the full benefits of this company will even start to show some maturity. It’s listed on aim so it attracts aim type investors, but it’s NOT a typical aim type of ‘here today gone tomorrow’ get rich quick, quick growth, £1 a share by the end of this month, type company!
Maybe the rampers would like insert THAT in the ‘copy and paste’ posts? I doubt if, even if it’s the truth ... it’s not ‘positive’ and it won’t encourage a short term rise out of the sp!
As Ben said, getting off aim and being listed on the main exchange would be good, it would attract more mature investors most of which won’t touch aim listed companies with a barge pole no-matter what or who the company is ... and In most circumstances, with very good reason ... not only due to the type of company, but also due to the Batman & Robin type of tik tok booom infantile circus rampers that you can see on so many aim bb’s.
Surely this company deserves better than that juvenile cr@p!
Also this BB is NOT a BMN supporters forum where only comments in support of the company should be seen and much as the lecturing narrative control freaks would like it to be ... THAT is what the ‘Perspective’ site is for. ... this is an open to the public ‘opinion’ forum.
Like most my patience at the lack of PR is well stretched. What I will say in support of the BoD is that shouting from the rooftop too soon & being left with a red face is not a good option. It might just be premature ( but hopefully not by too much) as our VRFB’s are not yet in full flow ( or really any yet & apologies for the pun). A little more patience is required. I have waited 7 1/2 years so a couple of months is not a hardship.
Probably a more cogent and useful terminology ..... lol have a nice day
Dare I Say It ?
ONWARDS & UPWARDS
@BenA .. you do realise the Lemur project is not actually on the continent of Africa !
At some point, selling makes financial sense I expect it to be sold off. I am amazed by those wanting to just give it away - would you give away your car just so you could show off your shiny new Tesla (other models are available) ?
There has been some not inconsiderable investment in terms of capital and time. As a shareholder, I want a return for that, so selling, at a profit, is what I both want and expect FM to do.
A nice few quid to either use as working capital for expansion works or (as I hope) at least some returned to shareholders as a special divi. Not just a reward, but also a public and very visible 'No More Coal' flag.
There is no great reason to do this before a move off AIM, but certainly timed to align with main board and JSE would make a lot of sense.
As for 'get off AIM' .. then do JSE, I doubt that. I see the two being aligned together. There is great changed to do, a lot of cost and not inconsiderable legals stuff. Why do it all twice !
On other points, whilst I do think new investors my stumble upon, or find this BB, anyone basing their investment decisions based on an anonymous forum's jabberings wants their head examining. There seems to be a developing view that endless positivity is needed and constantly emailing the company to 'do better comms'. I have never made it a secret I rather prefer all comments (warts & all) - Perhaps this is why I am spending less time looking at the post streams and often don't look at them all.
A couple of days ago, some back of the fag-packet numbers showed it is perfectly reasonable to see a $250m+ gross profit in 3/4 years. The back of this will be substantial FCF. Go look at FM's Linkedn post of a few days ago (https://www.linkedin.com/posts/fortune-mojapelo-79647828_bushveld-minerals-some-key-thinking-activity-6785954884471549953-1diO/)..
In the chat was a Chinese CEO and former Broker at Peel Hunt .... 'In the not too distant future the MC will be 10x where its ..... I am inclined to agree'
These are influential, clued up international financiers and businessmen .... just hold ... it is all coming !
Gibbering incoherently isn't helping anyone. Stick to TIK Tok Boom.
@Durante, the only thing you’ve got right is “Argument” & it appears you fall into the same circus as your mate .....
it would appear there are definitely two camps here and this BB is being used by your circus act to promote constant negative whinging and crying instead of promoting your investment, this is not a therapy room .
Tens of thousands look into these BBs ..... Wake Up
Cindercone is actually doing exactly what it says it doesn’t like & its its abusive language and behaviour name calling that adds Absolutely Zero to the investment case for BMN? For it to say people don’t make investment decisions based on what is said on these BBs shows the ignorance and stupidity.
Re painting the company green: that will surely help. There are just so many new investment funds springing up in that area. I often look at their portfolio holdings where possible...and clearly they do look for green credentials. But also where the direction is towards green.
For example, Drax, which is due to be divesting itself of coal-powered stations this year and next, is a big holding in some green energy funds. I feel sure that some these fund managers have got more than an eye on Bushveld Minerals.
BMN's channels of communication are unsatisfactory and the promotion of their business model and activities is not reaching the audience it warrants. In a zero interest rate environment there are record amounts of people investing in stocks that need to be led to water. The narrative of our age is renewable energy and that unfolding story could be pushed much harder to attract retail and institutional investors.
Fortune is a very busy man and not a marketing specialist. BE's Mikhail Nikomarov is rarely seen or heard. There's room for creativity in that space - how about a TED talk on VRFBs for example? If FM/MN are too busy with the logistics of running the business, they could appoint an individual solely devoted to that type of discourse to attract wider market investment. For a £200m company not to have a marketing department/strategy is inconceivable. Glencore and Largo have a marketing manager/marketing and sales director, why not BMN?
I think the most helpful path this company can take now is to get off AIM and onto the main market. Then get that joint listing done. Do don’t talk.
Lemur is rarely discussed and largely written off or eagerly off loaded for free by some. A lot of money was spent on that project. Coal powered is still the most likely generation to be built in Africa these days. I am hoping we get a nice surprise from that direction, sometime?!. If we sell it on at the right stage it could raise a significant amount of money. BMN can then fast track to 8400t pa and re-brand the company and paint that tree green!
@CC good to know you are aboard and optimistic for the future, so stop wining about the supposed poor PR now. If we were at fair value, would you still complain about the PR?
The PR is no worse than almost every company i've been in. Twitter etc is hot air and non-official. A news worthy RNS will do.
Its the facts and figures that is important to me.
I'm happy to discuss any topic or concerns in this company, but not with someone that starts off by attacking someone else (not good LH). How for instance would you suggest they improve things? I'm not convinced that hot air and adverts are really going to sell this share. Its the ££££££'s - And we will have to wait - but I'm sure it is coming. IMO.
Markets are unpredictable. You are here because you see profit. I think so too. Only in time will we know.
Are people missing the pubs? Cabin fever?
Actually Cindercone took the trouble to make a cogent argument - whether you agree with it or not. I hardly think your own contribution of "TIK Tok TIK Tok Booooooom" and "Let the feeding frenzy Begin" qualify as pearls of wisdom. All the things you accuse Cindercone of being, you are, in fact, yourself.
@ Cindercone, you’ve obviously just finished your night shift in the circus and you think we want to hear your pearls of wisdom here ?
I would suggest you stick to your night job as your arrogance is uncalled for here, you spout more garbage than a refuse collector ..... move on , sell up you’re a loser.
TIK Tok TIK Tok Booooooom
Let the feeding frenzy Begin
It's hardly surprising that people will start to get frustrated when a falsely created 100% positive narrative is not reflected in the SP.
The lowest I bought at was 1.6p .... so that wee investment I feel very confident about 100 bagging
This time next year Rodney ....
I think BMN commented that 'they hear us' about comms under BBN's retweet .. so let us just wait and see as they have been trying the past few months be more active on twitter. I think comms has been a more historical issue that has led to current sentiment and SP IMO but doesn't mean it can't be the best ever this year while they start getting their gears into action.
I was invested in TGR a graphite miner recently and they seem to post daily on twitter and RNS on a 1-2 weekly basis on anything remotely positive and even if they get an award (like I recall BMN once getting). Guess this has helped the SP double since December IPO and surely if they can afford to, BMN can.
I would even advocate an RNS if Vametco maintenance is finished and reiterate run-rate etc, instead of us having to rely on Jamie and his insider or past RNS's. We have all tried to second guess the companies actions but many times we have got it wrong especially the last 3 production targets etc. We were all bullish about these and I feel now many LTH's are being weakened hence the tension here. This will be addressed as Fortune is looking to underpromise and overdeliver without doubt and I feel COVID was an excuse for 1 year.
I have added twice this year and don't have any emotion to the negative chat on here and I think people should just not take things too personally.
I am reading a great book on 100 baggers by Chris Mayer and you can get it online nudge nudge wink wink. It shows most companies have deep drops on their way to 100 bagging (not all will and this takes 9-15 years on average). The key was you had to hold and ignore the noise as long as the company is doing everything well in its business plan as BMN is. All companies start off small and Fortune has the vision to make it into a multi-billion dollar company.
I view all our frustrations as noise and once the business plans plays out this should at least 10-bag in the next year or two IMO. The psychology of investing will come when the SP doubles and people will sell on after experiencing the volatility and uncertainty of the past, which is all part of the game.
This book has inspired me and I am setting my price target a lot higher and hoping to invest in other shares for the shorter term rather than here as I believe Fortune will eventually deliver.
Cindercone it’s all very well to talk tough but what have you actually done to help other investors understand the complicated activities of BMN? By comparison to Alfacomp absolutely zero yet you have the arrogance to attack him at every opportunity.
I’m not in the least interested in what you think of other contributors so as you seem unable to stop then sadly I have to put you back on the naughty step.
Shame because I think you are intelligent enough to make a useful contribution here, but you negativity and aggressive style are simply not for me.
Good luck with your investment.
Patience is what it is going to take. This year is all about building in reliability and expanding the processing side. Fortune thinks the market wants to see results delivered on goals. Maybe the market is waiting for those goals to be delivered too, before committing?
I've been in many mining companies where the same thing happens. They start production and the share price falls! BMN's income has been erratic and the low V price produced a loss for us last year. So may not look good on paper. But they come good as they prove their earnings and costs to the market. The track that BMN is on now will lead to increasing revenue, where once more established will merit a P/E of 10 -15. and a SP £1+. If it takes 4/5 years for a 6 bagger with low risk, I will take that rate of return.
Yes PR can always be improved, but perhaps they are concentrating on building a great company as opposed to promoting the PR at this moment in time. It is not one of Fortunes strengths, but I can forgive him that because of his strengths.
If you are so frustrated, take some money off the table, go gamble on other punts. You will either get lucky or remind yourself why you pick winners and wait. Either way it will take away some angst here and give you some new ones to worry about!
Best of luck, everyone.
Bye Alfacomp, maybe now we'll have a board that's open to the free and frank exchange of opinions without his 24/7 interference and banning orders. BMN has an amazing story to tell and it's not telling it. Holders will never see true value if every time positive news is released it's followed up with two months of deafening silence.
People should be more demanding of the companies they're invested in. No one's saying BMN hasn't done a great job driving the business, but their progress is part-built on the back of YOUR investment and you should expect to see the fruits of that reflected in the SP. They're rewarded with a handsome salary and bonus shares - what's your reward? However, criticism should also be proportionate.
I very much doubt what is published on this forum attracts enough/buyers sellers to move the price long-term. However, if your plan is to attract investors you want high-quality, long-term investors. That requires rigorous, balanced research and the open exchange of opinions. You don't want some amateur day trading gimp buying shares because some cretin posts "tick tick boom" every two hours. What type of investor do you think you're going to attract posting that rubbish?
Some one fetch his Teddy Bear..