Member Info for Alfacomp

Wassatt - so you agree that those who said there was a short on were right then.

roosters - what do you do when someone is giving away great products at discount prices ... exactly buy as many as you can. Not too quickly though, as the MMs might simply spike the price up to take advantage of a monday morning flurry of buys.

Q: How do you know whether any SP prices rises by Monday 9am will stick, or perhaps double by 10am ?

A: You can't, it depends how many buyers turn up before 9am, and how many turn up after 9am.

Q: So what can you do to prevent being spiked ?

A: Don't simply buy because other people are buying and fool yourself into thinking that your buy of 1K, 10K, 100K is going to be the straw that breaks the camels back. The camel is adept at sitting down when the load is too heavy, leaning to one side, and chucking it off sideways, then getting back to its feet as if nothing had happened.

Q: If I am reading this now and am thinking about buying on monday should I buy early or wait ?

A: If you haven't thought about buying BMN shares before then there is really nothing that I can say that can help you - it takes time to do the research to make a significant investment and even if you were to read everything on the Bushveld Perspective this weekend I still don't think that it gives you enough time to rationalise the decision. If you have bought BMN shares before and are thinking about buying more then that is different - you should already understand the investment proposition and be comfortable in taking advantage of the incredible value that is now being offered at unsustainable prices.

Of course none of this is investment advice but it is an exhortation to do your own research.

993344 - it is not hysteria it is patiently dissected research so as to make the markets more transparent to those holders that don't have the time to watch them day in day out. If that doesn't sit well with your investment approach then I am sorry.

Halespur - actually the shorting behaviour that I alluded to in December and January was based on the observation that the MMs were day in day out selling more shares to PIs than they were buying from us. This was put down at the time to them working a large share sell from someone such as First Island, as of course there was a published TR1 relating to the reduction of their holding at the end of September ( https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/xl5127w )

This is all reasonably well covered in the article I wrote in december:- https://www.thebushveldperspective.com/blog/public-articles-1/post/is-first-island-next-374

Since the start of this year there have been more aggressive signs, some of which were alluded to in the complaint filed with the FCA on the 16th of April ( https://www.thebushveldperspective.com/blog/public-articles-1/post/fca-complaint-case-ref-205882095-422 ) - you can also be confident that there other signs that exist and which are currently under detailed investigation.

Brad29 - if you pension is not currently in a SIPP and you wish to transfer it so that it is (i.e. in a place that you can administer yourself) you may find that the words 'quick' and 'easy' are most definitely inappropriate. 'They will do everything they can to stop you' is perhaps what you might discover.

Roscon - yeah they wouldn't try it with most of the AIM shares out there - only those with significant volumes is it worth their time to try manipulating.

Lindon if the short was created on the 8th May then almost every single sell in the last 3 days would need to be attributed to them - not possible.

Halespur - the drop after the 2nd of May was more to do with the fact that the MMs spiked the price up on the 1st and 2nd of May following the Vanchem news. The PEPM short is likely to have been going on for much longer than that (there is no way that they could have sold 6M between the 2nd of May and now) and is quite possibly pertinent to the 16th April drop that followed within hours of the publication of the fact that we had filed a complaint about market Manipulation with the FCA.

https://www.thebushveldperspective.com/blog/public-articles-1/post/fca-complaint-case-ref-205882095-422

Lindon - no the 8th of May is merely when it went above 0.5% - about 5.5 Million shares.

There's a reason that people keep their short position below this point - it is so that nobody is aware what is going on and assumes that the SP is not being played. Evidently someone messed up - perhaps they got a little too greedy on the 8th and the dept of their short increased above the threshold then.

However it had clearly been built up over a significant period of time beforehand.

Oh dear with a short position of 6 Million open and the price moving back up, and everyone now aware of what has been going on. I would not like to be in their shoes on monday.

Thanks Nick -

I had another look back at it and at another $113 Million per 10% rise in V2O5 price a very conservative price of USD10/lb V2O5 that would yield over $810M NPV

Nick - what is particularly interesting is what SP angel said when comparing Vanchem with the Mokpane PFS :-

• Comparing the Vanchem acquisition with the original Mokopane PFS shows the Vanchem deal to work better on virtually every metric

Nick can you remind us what the NPV for the Mokopane PFS was and what Vanadium price that assumed ?

jimbo - well if people sell them their shares due to the SP falls then they don't need to use up their little stash of tame sellers shares. Ergo if you continue to hold your shares, or even buy more during these dips, the rerate when the overhang is over will come sooner.

jimbo - possibly but if they are really so thick as to think we wouldn't have worked that out within seconds then I really give up and despair as to what this country is coming to

jimbo66 - that's just yer normal Bed & ISA - we've seen over a hundred of these since the start of the tax year

LinkedDreams - it just goes to show you get what you pay for (monkeys and peanuts comes to mind)

if instead you do your own research and bother reading what is available here:-

https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-414 and

https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-415 and

https://www.thebushveldperspective.com/blog/public-articles-1/post/bushveld-energy-eskom-battery-mandate-2018-339

then you will actually start to appreciate the opportunities that are staring you in the face.

LinkedDreams - it would be easier to have some faith in what Investor's Chronicle so confidently assert as their opinion if they actually got the name of our second processing plant correct. For the record it is Vanchem, repeat after me, Vanchem, not VAMCHEM !

Unfortunately it is just this sort of mistake that characterises the IC output throughout 1) sound as if you know what you are talking about 2) use important sounding terms like EPS, PE and EBITDA 3) don't actually bother checking the facts because anyone who reads your stuff almost definitely won't. Repeat

thinks that after all the SA election stuff is out of the way we might get some news next week, possibly early next week ?

Yes I have bought over 400,000 in the last 10 days. Congratulations on being a mathematically able stalker.

Anyways - off now to meet with an energy consultant who may be able to play a key role in a project that I cannot yet talk about.