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I didn't say they hadn't sold.
Were they selling again yesterday and today?
We had a 30% rise until Wednesday and a 10% drop since then.
I just don't buy this overhang stuff is causing the problems anywhere near as much as is said on here - the main problem is perception

You can buy this share for 13p………..pathetic!
The company makes a good profit has little debt and is a major stakeholder in IES which makes no profit and burns through its investors’ money (I am invested in both)
IES has an SP of £1.20. To make any sense whatsoever the prices should be reversed.
The fact that BMN makes a fat profit also makes it a safe bet for traders and let’s face it that is what is going on here – I don’t buy the GS overhang stuff – Day traders and LTH getting greedy that is the main cause.
Why so much volatility and the ridiculous 13p SP compared to 120p?
A mixture of these traders but mostly perception, that’s what it is:
IES is an energy company but not only that it is at the forefront ……renewables
BMN is just a miner digging up stuff no one has heard of…ask around!
Invinity Energy vs Bushveld Minerals – as a potential investor which sounds like it deserves your hard earned?
BMN should drop the name. Perhaps Bushveld Energy?
In other words the company becomes an energy company at the forefront of battery technology that also happens to own a mine rather than the other way around.
Then we have two energy companies working at the high tech end one making huge profits the other huge losses.
I wonder how the SP of these companies would compare then

Why would GS offload 30m shares (or 15m even) knowingly keeping the SP low and so getting less?
Surely allow the price to rise then drip sell the shares at perhaps 3 times the price.
The difference between £3m or £9m?

If GS aggressively sell at 2-3m shares a day from next week it will kill the SP further - why on earth would they want to do that?

I came back here to check the price and have a quick skip through the bb.
The price up 21% and Yellow and scouts gone?
Why aren't they here talking the SP down and rubbishing the company and anyone invested in it?

Yellowf1 .....really? do you do any research?
Are you aware that BMN are heavily invested in IES?
That is what all the BMN investors are doing here - most of them are joint investors.
Your lack of research leads me to suggest investing in stock might not be an good thing for you

SCoutS, yellowf1:

You two obviously put your money into Redt and lost - get over it.
This is the game you are in, why so bitter? this is what can happen when you invest in AIM start ups - its a gamble you know this.
Back off its boring.

They reduced the amount of shares in issue by a factor of 50 and this had the effect of increasing the value of each share by a factor of 50 so you are no better or worse off financially.
But you now hold a lot less shares - if you had 250k before you now have 5k.
This will have an effect on any dividends that may be paid in the future and the potential value of the SP going forward.

Also do not believe the price information above the current bid price is more like 40p not 50p - down around 20%

The three major positions being advertised for Bushveld Energy speaks volumes.
This is seriously exciting news.
I expect a pretty major announcement is imminent possibly to coincide with the positions being filled.
They will not be employing these people to just sit around for 6 months doing nothing this is the start of something very big.

If You Like EPS Growth Then Check Out Bushveld Minerals (LON:BMN) Before It’s Too Late:

https://simplywall.st/news/if-you-like-eps-growth-then-check-out-bushveld-minerals-lonbmn-before-its-too-late/

My apologies BS it was 10p in 2013 I only looked back 5 years

BS - MTJK is correct at no point has this share gone from 10p to 1.5p.
The SP breached 10p in March 2018 for the first time not in 2013
HS you are worrying over something that was predicted 5 years ago and it hasn't affected the mine in that time.

BMO Capital Markets Equity Research - Alexander Robert PearceEdison Investment Research - Tom HayesfinnCap Ltd - Martin PottsMacquarie Research - Grant SporrePeel Hunt LLP Timothy HuffAnalysts above from 22/01/2020 all say that this share is 82.7% below fair value.James I think we all know the answer to your question!

"Fortune Mojapelo,Bushveld’s chief executive, added: "The energy storage market presents a sizeable commercial opportunity, potentially exceeding US$660bn by 2040 and significantly greater than the value of the vanadium supply opportunity on its own.

“The VRFB Investment Platform is an exciting new opportunity to directly access the massive upside in energy storage and support select OEMs.

“In addition, pursuing a wide array of partnerships with VRFB OEMs that cover supply, deployment and investment gives Bushveld many more options to unlock value through its integrated strategy.”

----------------------

Do you really think he was just talking about SA and Eskom?
Lets not get fixated on a small part of a huge market.

I really cannot see Eskom being a major problem for BMN its just one iron in many fires for BE.
Maybe 6 months ago, but now?. No its not even a catalyst.
It would be nice but the really big orders will be coming from elsewhere - its those that will make this company big

Fortune Mojapelo,Bushveld’s chief executive, added: "The energy storage market presents a sizeable commercial opportunity, potentially exceeding US$660bn by 2040 and significantly greater than the value of the vanadium supply opportunity on its own.

“The VRFB Investment Platform is an exciting new opportunity to directly access the massive upside in energy storage and support select OEMs.

“In addition, pursuing a wide array of partnerships with VRFB OEMs that cover supply, deployment and investment gives Bushveld many more options to unlock value through its integrated strategy.”

Bushveld Minerals is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report:
Edison Investment Research Tom Hayes
finnCap Ltd Martin Potts
Macquarie Research Grant Sporre
Peel Hunt LLP Timothy Huff
Date: 2019/12/02

REWARDS
Trading at 87.2% below its fair value
Revenue is forecast to grow 17.32% per year
Earnings grew by 199.5% over the past year

VALUE:
Below Fair Value: BMN (£0.23) is trading below our estimate of fair value (£1.76)
Significantly Below Fair Value: BMN is trading below fair value by more than 20%.

EARNINGS:
Quality Earnings: BMN has high quality earnings.
Growing Profit Margin: BMN's current net profit margins (19.7%) are higher than last year (14%).
Earnings Trend: BMN has become profitable over the past 5 years, growing earnings by 74.4% per year.
Accelerating Growth: BMN's earnings growth over the past year (199.5%) exceeds its 5-year average (74.4% per year).
Earnings vs Industry: BMN earnings growth over the past year (199.5%) exceeded the Metals and Mining industry 7%.

LIABILITIES:
Short Term Liabilities: BMN's short term assets ($118.8M) exceeds its short term liabilities ($25.1M)
Long Term Liabilities: BMN's short term assets ($118.8M) exceeds its long term liabilities ($25.3M)

DEBT:
Debt Level: BMN is debt free.
Reducing Debt: BMN had no debt 5 years ago.
Debt Coverage: BMN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BMN has no debt, therefore coverage of interest payments is not a concern.

--------------------------------------

I do not know which of the 5 analysts gave their guidance for this report but they have increased the "fair value" by over 25% since the last analysis which was just about 2 weeks ago.

Also. if it hasnt been posted already take a look at this:
https://simply wall . st/news/why-we-like-bushveld-minerals-limiteds-lonbmn-41-return-on-capital-employed/
(remove the spaces)

The fair value of £1.33 from the financial assessment on November 20 is purely based on how BMN stands now as a miner and does not include forward projections including the following:.
Mokopane, the east London Electrolyte plant, the stake in Avalon/Redt, being part of the consortium acquiring Enorox from Cellcube, or anything else not connected to its mining operations.
Those have yet to priced in.

It's anybodies guess what a fair value will be when all of it is factored in and the listing on JSE goes ahead.
My guess is many multiples of the current SP but possibly many multiples of the current suggested fair value.

The good parts:

REWARDS
Trading at 82.3% below its fair value
Revenue is forecast to grow 17.32% per year
Earnings grew by 199.5% over the past year

VALUE:
Below Fair Value: BMN (£0.24) is trading below our estimate of fair value (£1.33)
Significantly Below Fair Value: BMN is trading below fair value by more than 20%.

GROWTH FORCAST:
Revenue vs Market: BMN's revenue (17.3% per year) is forecast to grow faster than the UK market (3.6% per year).

PAST PERFORMANCE:
Quality Earnings: BMN has high quality earnings.
Growing Profit Margin: BMN's current net profit margins (19.7%) are higher than last year (14%).
Earnings Trend: BMN has become profitable over the past 5 years, growing earnings by 74.4% per year.
Accelerating Growth: BMN's earnings growth over the past year (199.5%) exceeds its 5-year average (74.4% per year).
Earnings vs Industry: BMN earnings growth over the past year (199.5%) exceeded the Metals and Mining industry 2.2%.

FINANCIAL HEALTH:
Short Term Liabilities: BMN's short term assets ($118.8M) exceeds its short term liabilities ($25.1M)
Long Term Liabilities: BMN's short term assets ($118.8M) exceeds its long term liabilities (25.3M)
Debt Level: BMN is debt free.
Reducing Debt: BMN had no debt 5 years ago.
Debt Coverage: BMN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BMN has no debt, therefore coverage of interest payments is not a concern.

Experienced Board: BMN's board of directors are considered experienced (7.7 years average tenure).

OWNERSHIP BREAKDOWN:
General public 76%
Insiders 9%
Private companies 3%
Institutions 12%

Also based in the British Virgin Islands so that counts the Chinese out.

Joey you seem to have got this one pretty accurate at 4.1 and despite all the negative posts against you you stuck with your prediction but why 4.1? where did you get that figure from?

Geng you are predicting that at some point the gap has to be filled (3.5 - 3.9).....why? Why is it inevitable that it will fill?