Member Info for Bella6532

What really causes and SP to rise.
On 13 March 2018 we went from very low volumes and pretty much having flat lined for some months to suddenly a 34.2m day (a real break out) and the start of the climb upwards from 8.5 to the highs around 48.50 on 19 Dec 2018. Now looking at the news around 13 March 2018 I can't see anything which would have lead to this sudden breakout...
Any Ideas????
If we fathom this one out then maybe.....!!!!!!

Last year they had lots of exercised warrants so shares floating around and easily picked up and turned over into the marketplace on the back of news and V price increase....this year they've had to work hard at positioning themselves and the SP for another surge (which they and they alone will create) ...If the Vanchem deal is their driving force, then they will be working towards the completion date as stated 'on 31 October 2019'. Would they be accumulating so soon...or are they making a play against up coming Interims perhaps which may included something more/new. All we can do is sit and watch this play out. Whatever happens it will play out and I think most on here are agreed the Vanchem deal will remove the risks associated with a one trick pony and it will be the catalyst which sets everything else in motion.

Intro.. If the BMN valuation is 92 based on where they will be in the future... Then are the BE and Rest also based on future too...
Based on the fact we are currently a one trick pony is £229m low or just where we are right now..

Personally I would like to see some more detail on the Leasing Arrangement in the Interim. Particularly how deals will affect the bottom line with regard to income. If BMN is only looking to increase production to 10000 tons per year with say 50% to steel and 50% to electrolyte then this caps income however what the markets may not have factored in is how Lease income adds to the bottom line and when deals end the V comes back for recycling and back into another Lease deal... As time goes on this all starts to have a compounding effect. Then there's battery assembly and manufacturing... more added value. To lift the SP substantially we need a big surprise.. Something that will give us more than we have right now and bring in the bacon early... like an investment or another M&A or RTO...

If the MMs have just bought 2m at 21.0 then who is their buyer? Who do we know who might now be looking to purchase double this...

And for those who might not quite fully understand that BMN story/big picture:
http://www.bushveldminerals.com/wp-content/uploads/2019/08/May-2019-Corporate-Presentation.pdf

Cellcube Mkt Cap = CD 12.6m = £7.6m
BMN has said on several occasions they would be looking at direct or indirect investment in VFB manufacturers.

'CellCube's Corporate Mission...
To be a fully integrated producer of vanadium, vanadium electrolytes and vanadium redox flow batteries for the energy storage industry.'
https://www.cellcubeenergystorage.com/cellcube-2018

Now how are they going to achieve all this....??

They have up to 3 months to issue Interims...so anytime up to and including 30 Sept.

https://www.energy-storage.news/news/space-age-fuel-cell-technology-enters-the-age-of-solar

James and James who do their warehousing and shipping. I'll personally take credit for that one.

Wellsite...I can't disagree with you.. IF certainly is a key member of the team. In fact he is the only permanent employee. Should anything happen to him, and I certain wish no ill on him, what happens then?

Cobalt.. IF lost a chunk of options as they expired before SP reached exercise price.

Cobalt.. He bought outside a closed period which is 60 prior to FY results. Question is, why did he not wait to buy in next Fundraiser to get a better rate. Unless news is going to break first.
You could ask what the £55K deal is about...
With the big military games next year in China would it make sense for By-Health to have some products available for state athletes... Just a thought.

Cobalt.. He bought outside a closed period which is 60 prior to results. Question is, why did he not wait to buy in next Fundraiser to get a better rate. Unless news is going to break first.
You could ask what the £55K deal is about...
With the big military games next year in China would it make sense for By-Health to have some products available for state athletes... Just a thought.

Wellsite... Investors have kept PXS solvent not IF.
Not sure H&B was totally down to him, neither was SL or J&J.

Wellsite.. 'he could have gone with SIS'... No he couldn't...no love lost between him and Moon. Have you seen how many FDs he's got through!!

BB... His wife is Australian and he only does a couple of trips a year.. 8 weeks max. I assume there's no requirement as a UK company director for him to be resident in the UK so as you say it doesn't matter apart from the travel expenses.

I'd be happier if we broke 23.5 today so we don't end with a double top!!!

Thanks BB...

Not just a pdf but full details on the Bushveld Minerals web site...
http://www.bushveldminerals.com/bushveld-vanadium-2/
http://www.bushveldminerals.com/vanchem-vanadium-project/

Now that's confidence for you......

Based on my fag packet calculation - as at end Aug 19 I reckon they've got about 5 months stock of FF+O left if sales carry on at the same rate as the last 5 months.
June 16 Initial Stock Approx £41K (£135K Sales Value)
Sept 18 2nd Stock Order received £65K (£215K Sales Value) and as at the end of March 19 they had £45K (£148K Sales Value) remaining in stock per this sets of accounts.
Sales for April thru Aug 19 are running around the £76K which leaves around £72K sales value remaining as at end August 2019.
So it looks like they'll need to replenish inventories Nov/Dec to be on the safe side which will be another £200K to find.

Not sure how they got signed off on a 6 month going concern??? BB probably better informed on that but it's normally 12 months....

'The going concern principle is the assumption that an entity will remain in business for the foreseeable future. ... However, generally accepted auditing standards (GAAS) do instruct an auditor regarding the consideration of an entity's ability to continue as a going concern.'
'The term 'foreseeable future' is not defined within ISA 570, but IAS 1, Presentation of Financial Statements deems the foreseeable future to be a period of 12 months from the entity's reporting date.'