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Is about Bushveld, then this will start to gain more interest. It’s great to see vanadium redox flow batteries in the news but unless it’s ours…..not as much fun to read about!

GLAH

The SP is now so tightly linked with Bitcoin, with that holding steady AND threatening a breakout to the upside - I think less will be inclined to try and trade ARB for a few pence gain.

With lots of positive news on the horizon to, I think this will remain in a very tight range. Don’t get me wrong, I’d love it to move higher but I’m more relaxed holding than I have ever been.

GLAH

Certainly looking promising. I’ve a feeling this will catch the eye of a lot more soon. Decent flurry of buys so far but early days…

Thanks Faramog. Was encouraged by the buys coming in and the incredibly tight spread. Also the planned increase in production and a lot of info on the bushveldminerals.com website. Will never trust the analyst reports on there though.
Hoping I got in on the ground floor.

GLAH

Great post. Nice one. Ps Don't mention EUA - held, sold, then watched and waited too long!

Will use the links posted though. Cheers

Great post. Nice one. Ps Don't mention EUA - held, sold, then watched and waited too long!

Will use the links posted though. Cheers

Hi Faramog,

Got to address your last comment first I'm afraid. No-one has invested in everything that's on their watch-lists - mine is ever expanding, some never to be invested in along with some occasional repeat offenders.

Now, I want to thank you for the courteous reply. I did look through the more recent RNS's and found no figures other than volumes mined/sold. This was one thing that prompted my questioning. Completely agree with the covid piece and I suspect their have been other one-off costs also. In regards to the fixed element of the costs I agree completely that as volume produced goes up the AISC will come down.

Is there such a thing as a break-even price of vanadium? I'm sure there is but couldn't fairly speculate what that might be.

You have helped me massively with the current vanadium price IF it is currently in the $40-$42 range. Would you by any chance have a link to a live price? I recall trying to look at this before and being utterly flummoxed by the different prices quoted - what ore should I be looking at, which country even.

Whilst I write this I have found metal bulletin.com - any good?

Do you have any info regarding brokers notes? I will look at the electrolyte sales - is that mentioned in a recent RNS? Don't answer that one, I will take a look.

Thank you for a genuinely honest (and not too defensive) reply - I'm sure everyone here wants new investors to lift the price of course.

If Vanadium is indeed at these levels it surely must only be a matter of time before confidence comes back to this stock. I'm tempted I must admit.

Thanks again,

Matt

Hi all,

I've had this on my watch list for years but don't think I have ever owned the stock. Was reading this thread and saw some reassurance that Bushveld would still be making good money "at these prices". If I was holding I would like to see evidence provided of this. Whilst not tracking the Vanadium price myself, a cursory glance at the last full year results indicates that AISC are around 50% higher with lots of contributing factors - increased maintenance costs, labour costs and unfavourable exchange rates to name but three.

As a result of this the company slipped to a loss and has had to renegotiate various covenants so that it can remain viable. One of the lenders is taking cash but then the remaining owed in Bushveld shares - should be seen as a willingness to see the company survive and prosper. No denying that Covenants have been extended/waived.

All I can see is that unless the vanadium price heads upwards again there will be some real challenges ahead. 2019 looked to be a great year for the company - due to higher sales prices. It's possible that this will rise again but I would respectfully suggest the price is this low because of the above.

To be fair as noted also, the SP has remained pretty stable - but i'm a watcher for now. Best of luck and I hope Vanadium prices DO shoot up.

GLAH

Bit of a pull back yesterday so an opportunity for some of us to get in ready for the next leg up. Seems to be stabilising today so no worries for me short, medium or long term. This has had a decent run lately so a slight pullback was always a possibility/probable. I’m slightly under water now but expect to be ok in a few days.

GLAH

To see the SP relatively stable these days. Less opportunity for day traders and so a more solid base (hopefully) is formed.
Plenty of positive news flow coming and Bitcoin seems to be running, pausing for breath and going again.
When Bitcoin stays above $50,000 for a significant period of time I think the next leg up on the SP will occur.

Holding and certainly more relaxed these days. Off to play some rubbish golf now.

GLAH

Wtf? I was sitting pretty earlier ffs

Not seen a retrace like that before

Always good. Expecting a strong push into 80's later

GLAH,

Matt

The RNS released was extraordinarily good - to have worldwide exclusivity is an outstanding prospect. I work in the pharmacy sector and the amount of people who are asking for these products (but CE stamped so they can trust it) is incredible.

Fair play to those that got in at the lows - personally think this is a solid buy all the way to a quid. Have dipped my toe in at the current price.

GLAH,

Matt

But the facts are clear:

Excellent mining margin
225 coins mined (within guidance range)

Would’ve liked more clarity on machines currently installed but as pointed out this information has already been given.
PW kept it short and sweet.

Agree that as mining difficulty reduced it would’ve been nicer to exceed expectations, shout about new machines installed and comment on the way Arb has reacted quickly to exploit this opportunity - however: you can’t pick those machines up in Walmart can you?

So it’s reasonable as it reads.

Regardless, people always sell the news and I’ve seen this drop following results good or bad for the last few months.

Take your positions (or wait)

Bbb

Holding steady but with higher lows. Won’t be long until $33,000 is seen and that for me would confirm the upturn.

GLAH

So.........does anyone have any recent financials on this? Sentiment is clearly rotten but some facts might entice more interest?

Morning all,

I have read yesterday’s RNS and the motley fool article and have had this share in my watch list for a couple of years now. I notice the fall in share price and see that yesterday’s news wasn’t well received although it did seem to be interspersed with bits of positive news.
I was looking to see how much money they made and revenue in etc but I didn’t see any financials in it?

Am I missing something or was this just a production report?

Many thanks,

Bbb

Just asking for a friend

Bbb

Currently in $30,000 to $31,000 range. Not seen this for a while? Does anyone believe this will trigger the Bitcoin purchases that are on the book at $30,000 if indeed it were to fall that far? I have no idea but would appreciate some thoughts. Does it need a drop to bring new buyers in?

Holding still. Certainly not enjoying it

Time to take profits for the traders I guess. Ps no way is Tesla buying a stake here. Agree that Bitcoin didn’t fall through 31k but still feel Bitcoin is on a downward trend