Member Info for 993444

And wondering why anybody is fretting about a manipulated short term fall from 50p to 40p!

This not an AIM 100 company this is a FTSE 100 company in the making. This company is making gross profit of circa $550k per annum. Easily justifying the 87p broker price (a 117% increase from here). A conservative additional 10 times growth from here on the VRB side over the next few years gets us to circa £10 a share. A 20M market cap.

I really do not care if you do not believe the many posts on this site or the excellent research on The Bushveld Perspective that is your loss not mine...

They need to raise the money for their Christmas bonus somewhere... to celebrate losing shareholders 10% in 2018..

Just think if they had bought more BMN last November they might have actually made a profit

Miton are pulling bits from ATM that seems clear now. They are still active as they have just bought £1.5M in Wres at 0.049 in a placing. Maybe the ATM shares are the only place they have any profits to cash in for other opportunities?

Who knows just means now is a good time to top up here.

At these prices and the price of Wres and BMN I just hope Santa brings me a nice bonus to spend in the sales...

Enjoy Bali. fB

People have been burnt by the rampers on other boards..

I get the suspicion way too many rampers go crazy on other boards and to be honest I did initially, Feb 2017, think this was just a big pump and dump scam. Especially as back then there was so little to read about the company.

Now, the technicals and fundamentals are plain to see and the future is very bright.

So why oh why do so many posters come on here bleating about short term falls and asking for reasons is beyond me. Sadly I suspect, like many other shares, they have seen a tip on twitter and think this share will continue going forever every day.

This share will be worth £2, maybe more, at some point in the future. Probably not by Christmas 2018 though!

If you are a trader trade if you are an investor read and wait.

If you are a silly troll then you have filtered and I would not be replying to you anyway.

Odd posting profile, seems to spend time either ramping a dog recruiting stock or deramping a few others. Make of that what you will..

Not quite sure how a demand led “bubble” can burst with such high demand and limited supply, it may settle a little but all broker numbers are based on $75 to $100 and nothing from BBE taken into consideration.

He may do his job and scare a few of the children at the same time as the SP is walked down, who knows. To be honest it would be good to get the day traders out of this for a while and get back to building value for shareholders.

Hey ho, all very amusing that someone thinks they will get very far trolling on here though.

Seems somebody tried to get a tin smelting plant of the ground in Nigeria,

http://theinsiderstories.com/timah-build-smelter-in-nigeria-prepares-billion-dollar-funds/

Just “up the coast” from Namibia, a lot closer than Indonesia.. could be a real boon for ATM or maybe Namibia has its own smelting plant plans?

Think we have found the current support level! Sideways until news and then 4/5p very quickly...

AV will not be rushed though, all about getting the right JORC details confirmed first...

Sorry meant to thank pb640 for posting the link

"Bushveld Energy has a distinct first mover advantage in the supply of vanadium redox batteries into the South African market. We expect this ‘technology’ element to add significant value to the ground and to enhance the overall rating of the business as the roll out of vanadium redox batteries gains recognition and sales momentum"

Well the "technology element" adds further credence to yesterdays PE discussion, maybe 25 is not that unrealistic...

Ha, spent 6 months on the Nicorette gum and then became addicted to that bloody gum! 26 years ago. Took me 6 months to get over that gum craving, sheer hell it was, but have never wanted a cigarette since..

Apologies for butting into the 2 way conversation but nice to see the price going back up..

Fully committed elsewhere otherwise would have a further dabble but my 50,000 shares @ the Cancoord estimated 50p should look good this time in 6 months I hope. Just a shame I paid 20p for them, hey ho.

Anyway leave you to it...

Thanks guys, asked and answered. 15 it is :-)

15 p/e? Bit rich is it not? would not 8/10 be closer?

You can buy as many as you want at just over 3.3p. I suppose the 3.5p ask price is to make people feel they are getting a bargain!

I really am full here but for anybody looking to build a position now is a pretty good time imho.

There again, as so many miners about to moon at the moment according to the LSE boards investors are spoiled for choice..

You are spot on in my view pb940. All traders, including the professional ones, use TA so it sort of becomes what is expected. There is no real reason why prices bounce of moving averages or Fib levels, but they do! Because, in most cases, traders expect them too.

It is simply probabilities at work not prediction, so as long as you are happy to be wrong on a few occasions (and protect the downside when you are wrong) the probabilities are that you will make more than you lose.

Us humans are creatures of habits, or to use the posh term we have behavioural psychology issues!

I have said on the BMN board a few times that end of 2019 should be £2, probably. I think here, possibly 10p to 15p by end of 2019 but happy to build and wait for my 60p by 2022. Which is why I will continue to own both....

I get the placement hangover keeping the PIs away, which in itself intrigues me as you just don’t know what is going on behind the scenes, a nice big loan from Blackrock, a JV or a an announcement of a tin smelting site being built in Namibia, or something left field like that, could happen while people are not looking.

Fair point Sottr I am hoping the share price is closer to 6p by time of placing so close to 60% dilution but only time will tell. What is clear though is that they are sat on 50/60 years of tin and with extra purchases nearby recently they should be one of the biggest producers given time. That’s without the tin at Bushveld and the likely other minerals, Titanium etc.

When you listen to AV talk he knows where he is going and will attract more IIs, just as well as This is another long term multi bagger just needs patience something many Aim traders do not have..

Just multiply your expected BMN shareholding on the 31/12/2019 by £2. Only figures you need to worry about imho

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/112318-tin-price-could-be-lifted-by-electric-vehicle-usage-long-term-short-term-price-stable-ita

Basically, $18,900 now rising to $22,000 by 2025.... ATM are in first quartile of cost base, circa $14,000

Tin already in short supply, which will grow with increased use in solder and electronics (car batteries)

Post 2025, the electric car flippening (when there are more electric cars than fuel cars being produced) happens and tin is everywhere...

Looks like £1M buys v 350k sells today but all show as sells. I know because the 270270 buy was mine..

Steady away, news due at some point...