Member Info for alfredh

LOL Did I touch a nerve? See how posting ONE SIMPLE FACT gets the pumpers all coming out from under their stones. YOU HAVE BEEN TERRIBLY WRONG! How about admitting that before spouting out the next pipe dream?

LOL, that's what you said at 14.5p, too! LMAO

So while we are at the great performances of V and BMN, the stock is down -54%. 6.7p today vs. 14,5p on 10/03. Now, try to discuss away this fact, too!

FeV is $35,85, that's down -43% from their $62.25 high, thus "almost cut in half" as I said. Try again.

The paid pumpers are taken to the woodshed and their feelgood stories of increasing V demand are being exposed for what they are. With supply steady, V prices are down again, in fact down to the lowest level since January, almost cut in half from their March high.

V downtrend and BMN downtrend are firmly in place.

Right. But the broader market didn't start to tank at 10:05. This sell-off is company specific and the broader market is yet another lame excuse.

Another day, another sell-off, another 4-year-low. Now let's listen to the broken record how all the ducks are lining up for us!

Don't allow reality to get in the way of your feelgood stories! LMAO

Are they setting fresh 4-year-lows, too?

This is going lower yet again. All these attempts to pump-talk it up continue to fail.

Quite an achievement. BMN closed lower than during the darkest days of March 2020 when Corona infested Europe. Never mind! The faith healer is going to teach us how great things really are!

What is regrettable here is your endless ramping. Where did that get you? Sub 9p. Those who you defame as "moaners" more often than not are people who bought into your pie in the sky outlook, got burned, sit on hefty losses and have learnt to take your "contributions" with a grain of salt, or two. They have become is sober REALISTS. The "supporters" how you call them, continue to refuse any reality check on what they had expected in the past and how little has materialized. Wheeling out the same old stories they continue to ramp, ramp, ramp.

PDub, I wish you all the best, honestly. As you might understand, my view on Bushveld is independen from your, my, or anyone's state of health. What is deemed optimism by one, is deemed realism by someone else. Bushveld's future will play out one way or the other. Neither my or your optimism nor pessimism will change that future in any way. Good luck and good night.

"Alfred there are things that you could criticise about BMN but production is absolutely NOT one of them. "

How can you seriously start your message with a statement as ridiculous as this one!? Less than a year ago the company had to cut back on its annual production guidance. During the most recent quarter, Vametco output cam it 25% short of stated capacity. How on earth is output NOT amongh the things one can criticize? It is right at the heart and center of it!

Dub, how can't you see <3000mtV is way less than 3750mtV, even in your roll as a ramper? The shortfall has been officially announced, is well known and in the public domain! Would you mind stopping rubbish like that, it's a bit embarassing IMO.

LB21, do you imply Bushveld's quarterly results had nothing to do with its shares underperforming? Certainly a large active seller does depress the share price but good news can stimulate buyers and counter the selling to some extent. That did not happen and I can very well understand why not. You just can't maintain production capacity at Vametco was 3750mtV, then come up with less than 3000mtV and expect your shares to do well, can you?

Excellent! So why oh why is the share price at 9p then? My point is the CRUCIAL criterion is output which is the foundation for revenues and profits and this is what decides the share price. Unfortunately Bushveld continues to disappoint at this crucial point hence the dismal share price performance.
You can list their smaller achievement all day long. Can't you see it doesn't help? Quite obviously your list of nice little thingies is irrelevant for the share price, it won't help one iota. You can continue to pretend production was fine and everything was going to plan. Everybody can see: It does not!

The only thing that WILL help is proper execution. And that starts with proper production/output.

LB, you provided helpful info. I acknowledged that and said thank you. I also said some doubt remains as it is still unclear wether antidumping rules override broader rules which remains unclear to me as of now. But that has not been the topic of today's postings. I'm fed up with the never-ending attempts to sugar-coat a dire situation. Bushveld's output continues to run short of capacity. What I have seen are excuses in abundance and attempts to faith-heal the situation. That won't help for sure!

Why doesn't the company come clean and admit that Vametco can produce no more than 3100mtVpa? What's the point in overstating its capacity at 3750mtV? Over-promising produces nothing but frustration and disappointment. Posters who endlessly attempt to faith-heal the situation really get me going.

BMN statement 2018-07-11: "The project remains on track to produce electrolyte in 2019 for South African and international markets." That was well before Covid and didn't materialize. Over-primised, under-delivered.
Q3 2019: "The application for the listing of the Company's shares on the Johannesburg Stock Exchange ("JSE") will now occur in calendar year 2020." Over-promised, under-delivered.

Most of the time the intention is good but xecution is awful. The company has to up its game massively in order to make shareholders prosper.

The obvious reason for lack of news that nobody wants to see is this: There is no news to announce! Financing of the mini-grid still did not conclude, hence nothing to announce. The electrolyte plant is behind schedule, nothing to announce. No VRFB sales whatsoever, nothing to announce. Lots of hype re that mysterious BE announcement for many months now. Did we talk about under-delivering yet? LMAO