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In the area where Vanchem is located, load shedding is at stage 6. Vanchem uses diesel to generate electricity when load shedding happens. Does anyone know how much extra cost is generated each day when diesel is used? Thanks.
If capex is kept to minimum and vanadium price is close to $40 per kg in 2023, I see a chance for BMN to make a profit about $50 Millions in 2023 as BMN production capability is predicted to be above 5000 tonnes. Fingers crossed.
Just conuted the number of deliveries posted in this site by Paludina and others, it seems about 1000 tonnes of vanadium is delivered to the US. If we get 40 dollars per kg, Bushveld Minerals should get a reasonably good amount of revenue for 4th quarter last year.
Look at share trades listed in this site but it is very different from what I see on Google finance. For example, I see 300k traded on Google site at 8:53am but can not find the same trade here. Does anyone know why? Thanks.
I think west sanctions to Russia will be kept for years to come although Ukraine war will end at some time in some form. As long as Russia does not return it's grabbed Ukraine land, sanctions will not be lifted. West countries probably will never want to be dependent on Russia energy again.
In my opinion, the share price could be close to the bottom as the people are getting very desperate. The share price can not be zero and I believe the company fundamentals do support a higher share price. Let's see how things play out. Fingers crossed.
However almost half of oil production is hedged at about 70 dollars per barrel if I remember correctly.
Fundamentally, I think BNN is cheap at the current share price level. Sanctions imposed by Western countries can still disturb mine production and supply chain in Russia. So the vanadium price may stay at a reasonable level that make BMN profitable for a while. I don't have any reasons to be pessimistic.
Fundamentally, I think BNN is cheap at the current share price level. Sanctions imposed by Western countries can still disturb mine production and supply chain in Russia. So the vanadium price may stay at a reasonable level that make BMN profitable for a while. I don't have any reasons to be pessimistic.
Bank of America recommends harbour energy along shell, total.
Went through company presentation and had a quick calculation. I believe free cash flow can be well above 100 million dollars. It seems to me the company has good hedging strategy and almost no cost in igpt.
it seems to me the trend in share price plot is somehow deviating from the downward pattern in the past year and stays above the long term resistance level about 8.3p. hope it will get a boost in the new year.
Thanks for the information. I will have a look. I think eventually how the share price moves depends on the how profitable the company will be.
Does anyone know expected revenue and FCF numbers for 2021 fanancial year? Many thanks.
Merry Christmas to everyone.
From the presentation, I did a quick calculation. Total cost for next year is about 300m (decommissioning) + 1100m (opex) + 1000m (cpex) + 400m (interest + lease) + 150m (carbon charge) = about 3 billion dollars. If average oil price per barrel is 70 dollars, cash flow can be about 2 billion dollars for 2022. Do I miss anything here?
Total cost for next year is about 300m (decommissioning) + 1100m (opex) + 1000m (cpex) + 400m (interest + lease) + 150m (carbon charge) = about 3 billion dollars. If average oil price per barrel is 70 dollars, cash flow can be about 2 billion dollars for 2022. Do I miss anything here?