Member Info for Alfacomp

Libero, it is because the low volumes on the AIM mean that the market makers can play the old sell-then-walk-down game. They only need to encourage a tiny fraction of shares out each time they do this but the end result is that the SP reflects the lowest price that any single shareholder will take for their shares. As the business matures valuations will be more reflective of the true company fundamentals - the only question each shareholder has to ask themselves is 1) how much higher is the SP at that point and 2) can they be bothered to wait, well, perhaps only 6-12 months.

daitom - how do you know that there will not be news of any of the following tomorrow, or even later today ? 1) restructuring of Vametco so as to potentially allow Sojitz to be bought out. 2) Mokopane mining right 3) Imaloto power project 4) Bushveld Energy VRFB demonstrator developments at Rosherville. 5) Delineation of Brits resource All this talk of no news etc is just the same old doom and gloom nonsense that traditionally used to be about our supposed lack of PR.

Daitom - I think that is highly unlikely.

Daisan, alas as I have explained previously the price of each single trade is considered purely in isolation by all technical analysis. Thus it does not consider even basic combination trades like Bed & ISA or T20 rollovers correctly. Feel free to use Technical Analysis if it makes you feel better but I base my investing decisions on company fundamentals - this is how come I have over 2 million pounds invested in Bushveld stock.

Pdub if it takes a couple of weeks of consolidation to remove those types of weak holders from the gene pool then so be it - it gives everyone else the chance to acquire more at low prices.

Evidently nobody did, but evidently also someone is telling the market that the price needs to be 50% above where it is before they will sell any.

Level 2 auction - it's gone now of course as the auction only happens 5 times a day - 8am, 9am 11am, 2pm and 4.30pm I believe

- good to see that someone is offering to sell 0.25M shares at 31.0 p today. Yes, 31p , not 21.

fatbanker - fair point and it looks like someone raided their piggy bank to buy just over two pounds worth - go for it Charlie Bucket !

Nick - indeed the SP at present is based entirely on one thing and one thing alone - the production at Vametco. But even then it is only attributing about 30% of the true value for Vametco production to the stock. For those new here there is a useful quick little video that illustrates why the SP is sitting at the bargain levels that it is:- https://www.thebushveldperspective.com/slides/slide/bushveld-minerals-in-a-minute-50 If anything does this reveals just how AIM does such a bad job at valuing good businesses.

fatbanker - indeed I also spotted the multiple 50Ks early this morning - now that the SP is 3 times what it was anyone trying to short this stock is having less and less of an impact with their pocket money.

The interesting thing to point out is that whilst China's average use of 48 g of Vanadium per Tonne of Steel, as compared with the 80g per Tonne in Europe (in the USA the average level is even higher at 96g V per Tonne - see https://www.thebushveldperspective.com/blog/public-blog-1/post/vanitec-3rd-energy-storage-meeting-part-1-175 ) this only corresponds to a small fraction of steel actually being significantly strengthened. For example rebar grade 3 actually corresponds to 0.03% Vanadium ( http://vanitec.org/latest-from-vanitec/article/vanitec-applauds-new-stricter-chinese-rebar-standard ) - this would be 0.3Kg, or 300g - more than 3 times the average level in the US and 7 times the average level in China. Thus only one in seven tonnes of steel in china actually receives any significant strengthening - this is of course quite scary thing to appreciate given the fact that clearly most steel is going to be used in construction and not soft old hammers that can be sold via our local B&Q.

Like Justin 'could not' Waite of ********** they lost interest. It's great that these so-called expert commentators have so many other things to distract them from businesses that are patiently building the foundations of a billion dollar business.

In some ways it is a pity - I was hoping we'd make the AIM 100 before they took any notice. I gave up on IC a few years ago when I got bored of their really rather formulaic analysis. Good thing I did too or I would never have discovered Bushveld.

... did my eyes deceive me or did IC finally acknowledge that BMN exists ?

Those that are perhaps new to the whole Vanadium story may wish to look at Loudspeaker collated data on the Vanadium market here:- https://www.thebushveldperspective.com/vanadium-prices The Vanadium market can be better understood if you read this :- https://www.thebushveldperspective.com/blog/public-blog-1/post/vanitec-2nd-energy-storage-meeting-part-1-206 then this https://www.thebushveldperspective.com/blog/public-blog-1/post/vanitec-3rd-energy-storage-meeting-part-1-175 From these articles you can see how it was quite clearly possible to predict that in the last 12 months there would be significant upward pressure on Vanadium Prices coming from Chinese environmental improvements, improvements to their steel reinforcing bar (rebar) standards and general demand from large scale VRFB batteries. These are all long term developments that will not alter any time soon in the foreseeable future.

Knuttie - everyone getting their suits pressed for the royal wedding of course

reported - this time for 550K yesterday, just after hours - it will be interesting to see if we get a duplicate for this one as that might be the last tranche of a 2.5M block presold into the market by wogen to finance yesterday warrants exercise.

It's obviously 'True Colours' For the record Capablanca the 28th April RNS actually came out on the 27th of April and was for Q1 results which were, would you believe it, in the past You should try and understand that Q1 means 'Quarter 1' which is the first three months of the year. When Vanadium prices averaged, according to metal bulletin, 61.8 USD/Kg Look you can see it here:- https://www.thebushveldperspective.com/vanadium-prices If you look on the graph here you can see that since the end of Q1, which was at the end of march, Vanadium prices have not gone below that level. So try and do some basic background reading next time.

Capablanca try doing some basic research yourself. Selling cost of Nitrovan is 5% above Ferrovanadium - this is because you can use 40% less Nitrovan when compared with Ferrovanadium. This takes Nitrovan sales value to 70 USD/Kg Our production cost is 17 USD/Kg Take one from the other and you get 53 USD/Kg. There are 1000 Kg in a tonne so each tonne earns 53,000 USD gross profit ffs.