Bushveld for christmas15 Dec 2018 21:40
Evening,
I don’t post on here, or very rarely, but I constantly watch and have done for the last 6 months.
I came in at 20p but it wasn’t until it hit around 48p that I had my “I am losing an opportunity to get in on the ground floor” moment and started to buy more on the dips so my average is high and the account is in the red.
I also have a small part of Redt which as you all know is really a punt on the horses. I will take more interest if they get the financing for the German project sorted
I am not interested in mining, vanadium or a lot of whatever else Bushveld are into - only VRFBs . it is great that Bushveld’s SP is rising on the back of the price of Vanadium but just based on that alone it will never be huge in the long run as the other mines start to bring the price to more normal levels. So the current sp and short term forecasts are irrelevant to me.
In fact I would prefer the price of Vanadium to be much lower than it is because of this.
Richken, I also have projections that follow a similar line to yours but in the even longer term I think BE could become massive and a valuation of £20+ is possible for those that have the ******s to hold on.
I never, ever thought I would see the day when a share that I own takes a big dip (especially on the AIM) and I am happily buying more even though my account is in the red and it’s research and the posts on here that have kept me bravely doing this. So I thank you all for that and, as usual, you know who you are.
There will come a time, over the next 3-4 years when people start to get seriously interested in investing in VRFBs (providing everything falls into place) and then the sp will start to explode – more so than ASOS, Fevertree, etc.