Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It can always half as the saying goes! Excellent long term punt.
Our sale of ATM shares for “Corporate Purposes” isn’t looking like a good move. £90m Mcap now and climbing.
Respect anyones opinion if you firmly believe this will turn, but I’m very doubtful. Mcap 2013 £52m Mcap 2023 £58m.
No probs bud. Sorry English isn’t my first language. Will keep my working at it, thanks for pointing out ha ha all the besy
Each to their own Mark. Most of the crap on these boards are BS, we can all talk it, I mean review your posts.
True solid fact is that the market cap today is virtually the same as when it listed a decade ago. So, in your view that is an amazing investment, in my view it’s not.
Significant risks lie ahead. Yes there are rewards, but they are plentiful across this depressed market. I will hold a little for the bottom draw.
All the best.
Bushveld should still be making a good profit if it’s selling mostly to the US. A little research will tell you nothing has really gone to China and Europe prices are around break even, maybe a slight loss.
VRFBs need to take off significantly to get this moving and cover loss of demand as the worldwide recession takes hold.
Failing that, you only have to look at how V has performed through previous recessions and the few years that preceded to see what risks lie ahead.
High risk for little reward at this point. Good progress has been made, but with high debt levels, uncertain future v prices, this is one for the bottom draw or sell and move on.
The inventory level will help somewhat, but anything below $30kg V is going to be an awful for Bushveld. If it can ride the storm, good times will return in 3-5 years. This is a gamble, not an investment. Just my opinion.
Don’t hold your breath Fosters! FM couldn’t care less about the SP and not much he can really do at this point anyway. Way over stretched, v price rises is the only glimmer of hope unfortunately.
Such a shame this one. Becoming on of the biggest jokes on AIM. Can still come good 3/5 years.
Dip into the 4s looks inevitable. Not sure if to top up, hard to know where the bottom will be.
Always a gamble with these types of companies. High risk but high reward if it pays off. Still has long term potential if you willing to sit on it for another 5-10 years. Imo
Yes, I’ve also had an email which mentioned, among other things that Q2 will be released this month. Not expecting fireworks, but hopeful that all is on track. Would be nice to get to the 8-10p range.
Can’t be sure it is him, but someone is dumping and wants out fast! Same old same.
Traders dream/investors nightmare
I think a lot of people have sold and moved on. Still some long term die hard BMN fans lurking. I have some pals still in and I hold a small number now. Tbf your money is better off in the bank gaining minimal interest than at risk here.
A very rocky ride ahead for this share. Not looking forward to tomorrow morning. Long-term, this still has potential, short term this is going nowhere but lower.
Shame, I had high hopes for this!
Unfortunately, this is going to be a long hold imo. BMN has been out of favour by the markets for a long time. Amazing potential, but it is going to take time. VRFB will be the dominant long duration battery in 5-10 years imo.
Will be good to get results out of the way and look forward to a positive Q2.
All the best Pdub. Keep fighting on!
Thanks Faramog, I owe you a beer for the effort there bud. My post said good progress has been made. However, aim is sentiment driven. We may see value, but the market and others do not (major sells) and shambolic Mcap. All factual information. We are all here to make money, so time for the BOD to create actual shareholder value imo. All the best.
Nice post Chris. Good progress has been made over the years, you can’t deny that. However sentiment has been non existent for years and the BOD haven’t helped with so many missed targets over the years. I see light at the end of the tunnel, but as it stands, the market doesn’t see value here, and even some holders have lost faith which is evident by the aggressive dumping of shares… Very long term hold.
We should be so lucky SuperRoty….I think a lot would take it as it stands.
Looks like the mother of all raises is coming now. Might as well get used to these prices for years to come.