Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This business should be thriving, but it's been run in to the ground. Little to no updates or news on anything, constant under performance by management and I can't believe it's at these levels again. Absolute Shambles and one can only hope it can only improve from here.
Had a look at these some time ago and think the time is right. With all those millions in investment and cash, I can't see how these aren't trading higher, so I've dipped in with a purchase of 500k shares. Another happy hold for me until the market sees sense here.
I've took up 25,000 today late doors. One hopes the conflict ceases soon for all concerned - the cherry on top would be that this would double in no time.
Well I've bought another 150,000 a few minutes ago and have every confidence in PJ. POW have a diverse range of projects on the go right now and these things take time, but positive news on any of them would see this rocket, and they can't all be duds over the coming months and years. A happy hold for me.
Huge tree shake this morning and one can only imagine they're triggering peoples stop losses.
Couldn't resist another 100k top up at these prices. Good things here developing.
Poor fella has been telling people how poor this share is since it was 0.25p, with stories of termites and how hopeless PJ is. If the SP stays stagnant or goes backwards a tad over the next month, it'll be the first time he's been right in 18 months! Nothing goes up in a straight line, but POW will be a multibagger from here in time. Whether that's over a month or a year, I'm really not fussed - we all have our target SP on this. There's really no rush, because I for one remain confident that holders here will make more on this than any bank account per annum.
Nice big buy to end the day. The next re-rate cant be long now, with so many prospects pending.
As others have said, we should just leave this poster alone. Personally, it wouldn't surprise me if their alias was chosen because it represents a 'bottom feeder' in the grand scale of things.
Lets hope that we've seen the back of the seller here soon and in time, a few on this board too with any luck.
Well whether its 8008 jobs, 808 a jobs or 80085's, it all helps!
Well I don't have enough cash on hip right now to buy 80085 shares like fatbanker, but I think holders and newbies alike should consider a Reddit style campaign to buy single 8008's at least, if only to show our disdain for the market right now!
I've just placed a 'fill or kill' for 8008 at 15.5p and its been executed, so will add more 8008's as I can. This is a crazily low SP right now, that can't be held back forever.
It looks like fans in the UK can stream every race for free on BBC iPlayer, BBC Sport and ITV Hub and there's more options on Discovery and Eurosport too, so exposure shouldn't be an issue
Always good to see the 80085's coming out and the link in mitchoftheday's post at 11.52 says it all.
As I've said before (if it hasn't been removed by the trolls), even my own usually boundless patience has been tested here with BMN over recent months, so I can only imagine how everyone else feels. Like most LTH's, I just recognise that BMN is hugely under priced on its current activity alone (never mind it's future potential) and that's why I choose to suffer these crazy continued drops and top up when I can. I'll have some more before the months out and am counting the days for when we'll be rid of the trolls here for a bit - it's almost worth following them to see which other 'gems' are out there, that they're putting down!
Something has to give sooner or later and at this rate, it'll either be a rare piece of news from the sleepy comm's team at BMN or someone will just make a cheeky offer for them - either way, BMN will be obliged to release as an RNS finally!!
Have to agree with AlastairMcgrift, communication is pretty much non-existent here, aside from the legally required basics and the passing of a director. And quite frankly, the odd video seen by two men and a dog cant really be held up as communication and they add nothing that everyone doesnt already know from this board.I'm one of the longest long term holders here and have been extolling the virtues of BMN for many years, so am no troll or shorter. But even I'm annoyed about it and am sick of saying it's only a matter of time now and that value will prevail. I've had dozens of sensible messages deleted from boards here and theres games all over this service and in AIM generally. But one irrefutable fact that no one can deny is that the ongoing radio silence here has destroyed the SP and because of it, we're going backward despite everything being in our favour. Personally, I can't see how BMN is not at previous highs now before news, never mind after, so will continue to hold, but if AIM is ever investigated, people should point at BMN and ask them to look at what's happened here.There must be something to report somewhere within BMN, BE, Lemur Resources etc., yet but for the legally required minimums, we give out as much comms as Woolworths!You can deny it all you want, but it's TRUE.
One of the positives I take from this year is that AFC's performance has actually helped me to convince 4 friends to avoid investing in AIM and put their money elsewhere in 2021. AFC is a prime example of just how a share can be played by the market and whether performance is sentiment driven on future growth potential or making huge profits in a commodity or service that's rapidly going up in price, a share price can be manipulated up and down on a whim.
I just feel for PI's who are locked in here (and on other shares), who believe that this market is straight or that the price must reflect true value. I've said it before, but the market makers can drop this to a penny if they want and with a thousand cuts, they'll destroy any confidence and interest in buying. For them and their Institutional mates, it must be a feeding frenzy at times and all helped by the often 'paid for' trolls who spend far too long on these boards and just happen to rock up in numbers to stir the pot. You'll see them spread misinformation and doubt, waffle about anything to ensure good posts are swamped and collectively get good posts removed too.
Its truly sad, but the longer you play this game, you become more cynical and realise that this goes on all the time and its just wash, rinse, dry, repeat for the next herd of poor souls coming over the horizon! I think most will agree that AIM is in serious need of better regulation, but I can't see it coming any time soon sadly.
You see this so many times on AIM - no news and a double digit drop for no apparent reason.
One assumes its another manufactured quick drop by MM's to pull in stop losses and nick a load of shares in all the PI's panic, in order to sell a load to someone who wants hundreds of thousands - and the poor old PI's won't be able to buy anything in numbers when it goes back up just as swiftly. Suspect we'll see a load of late huge declarations tonight and tomorrow, as the MM's finally show whose bought the poor sellers shares. Its a disgrace, it really is.
All of us appreciate that there are certain developments that Bushveld might not want to announce (if only to avoid giving any market benefit to others), but there's almost a radio silence here over recent years, which has only helped to contribute to the drop in SP. And from comments here today, its clear that we have an awful lot of unknowns that need answering.
Other than reporting the bare essentials on finance and production figures to keep AIM happy, the only other updates we seem to get are about Directors selling shares to pay their tax bills or the sad demise of an independent non-executive director etc.
As others have said, if any shareholders doubt the direction of the board, then you really should consider writing to them. I certainly have and if enough of us do, then I'd like to think it would be easier for them to release a statement rather than answer hundreds of emails directly.
And more large delayed notifications coming through from Friday too - this is becoming a daily occurrence and one hopes another positive signal.
Strange old day today. There's been several large 1/2 million chunks gone through, as well as lots of tiny purchases at the full ask and then clumps of sales at a fixed price nearer the bid. Many of these buys and sells are done at the exact same time somehow, which all seems to have a small effect on the SP? I've seen this on a few of my shares of late, which I'm sure is some trick that somehow confuses the algorithms that keep track of SP's. Don't know what the rest of you think, but I'll certainly be watching out for this over the coming weeks.
Nonetheless, I remain a happy holder here and am just looking forward to more updates now on the various projects in hand, as it'll only take one of two of them to come good, to hugely re-rate from these levels.
Can understand your frustrations wiltshireman and the AIM market is especially in need of better regulation to help reduce the opportunities for abuse. All too often, it's rinse, dry, repeat on some shares, where the SP is dropped and dropped for no reason and rapidly increased - someone is coining it both on the up's and downs, with your average PI's usually the loser sadly.
Thankfully, POW remains 'off radar' for those games, so it's unlikely to attract any great attention just yet. And as you say, Paul Johnson's regular communications would only help to deflect the games of the market makers, trolls and shorters too. Anyway, I've topped up this afternoon with another 75,000 at 2.91p and am looking forward to developments here over the coming weeks.