Member Info for Colt45

the two 195k purchases show as a sell Bassguy.

Some of my buys are still not showing. 81733; 22500; 48753; 195555; 40500, 195650, 188220, 90971, 93909.

I was buying in cash round sums except for the two round figures were I put in the amount and forgot to click cash and ended but buying the share numbers instead.

I intend to continue buying as I off load other stocks as I really do like this business and how it is managed.

Colt

Hello Pdub

I do recall my post and remember the strong response from you and other posters. I was delighted to see a number of risks being aired on this bb, many that I agreed with.

My post was not desired to cause any offence to you are any other valued poster so apologies if it did so.

For the record, I am extremely positive about this company. The many positives have been raised time and time again and it is also clear that the long term holders recognise the risks.

If I am ever down your direction on holiday I will let you know and maybe we can meet up so that you can put a face to my name.

Can I also take this opportunity to wish you and other posters all the best with any medical treatments. It really does put life into perspective.

Regards

Colt

Hello fellow Bush men and women

When I asked my contact for suggestions on investments in Africa, this is the response I got: (My question was totally open and did not lead in any way or mention company names)

"Mining investment is super high risk / high return as you know.
There are a few that I have taken a punt on:-
Afritin - this is AIM listed and is run by a university friend of mine. I visited the mine and b Namibia last year and I think they are near production and share price has some legs.
Bushveld Minerals - main asset is a vanadium mine in South Africa. The share really rocketed from 1p to 49p last year on the back of vanadium price boom but the price has come off a bit - I think it has legs but a lot of risk has been taken out. Also AIM listed and run by a mate of mine.
Pelkbuck oil and gas - private company with rights to drill for gas in Botswana and aiming to drill first hole later this year. Real boom or bust on this as one could loose every cent. Run by a friend of my brothers.
Not sure if any of these are of interest - if so I can send more info?"

You can imagine how pleased I was when his answer included two companies that I am invested in.

I am currently gathering more information on Pelkbuck but I do not have a good track record with oil explorers......

Colt

Thanks Knuttie. I off loaded 25k Burford at a very small profit as just too many unknowns with that company. I must say I am much more relaxed to be increasing my stake in BMN as I am very excited about what lies ahead. Still holding 5k Burford and may off load that later today and increase my holding in ATM.

Hello Jagadish - I have picked up close to 1m shares over the last 15 minutes paying c20.4 for the first lot and the last at c22p. This will have caused the slight increase but may drop back as no new news. Colt45

Apologies for the typos. It has been a long day!

That is a very relevant question BP123. I see numerous posts with a list of all the things that are scheduled to happen that 'will' drive the sp north. if you look back at these posts, you will see that some of the events have already occurred but the sp still drifts south. I would challenge sone of the posters who repeatedly post the positives to try and identify some of the negatives and how the risks can be mitigated. The most obvious is the location of the business and the many unknowns re currency / labour costs / disruption.

To state my position, I am heavily invested and my research tells me that the risks are trumped by the rewards but would love to see the risks listed by fellow posters with action to migrate listed also.

I plan to arrange a visit to the various sites within the next 6 months. If you would like to attend please let me know. I do not want the number to exceed 6. Information can be shared after the visit. Colt

Wul - this is just a consolidation of a position by the same shareholder (beneficiary) . Nothing more than that. I would say they are tidying up their position ahead of a listing and then their exit. I know first hand how these guys operate. Nothing to concern current shareholders. They invest, tasked their profit and move on. When they off load the shares will be mopped up by numerous PI's who will benefit from smaller percentage gains.

100% correct Southernstorm and they have no plans to exit BMN or ATM anytime soon. this journey if only just beginning. Colt

BBN - I agree that the delay is a little confusing but I am sure it is nothing sinister. I will do some some more research on YD but my guess is that the two are connected (or managed by the same individuals). I note that the registered office of YD is the same as Oak Trust Mauritius. Colt

Alfa - I am very familiar with Oak Trust but not YD. I am very limited to what i can say on this Bb but these guys have been invested since the 2p days. Research the registered address of OT / Orange Trust and you will see the connection. Also, have a look at the major shareholders of ATM and see the connection. I got a very very positive report back from OT re BV and ATM when I met the guys at the Open. I have followed their lead and invested heavily in BMN and to a lesser extent in ATM (due to funds but plan to increase my holding significantly when additional funds come available later this year.) Colt

Positive news from ATM also this morning. All looking very positive.

Your opinion does make complete sense but I have first hand experience how these guys work. They always take a large chuck of profit of the table when a suitable opportunity arises. It will be done silently with willing buyers taking their stock so we hopefully no dip in the price when they exit or partially exit. Let’s see what happens. All positive for now. Colt.

Hello Numpty5

The Africans that I know have been invested in Bushveld (and ATM) since the 2p days. My view is that they will use the JSE to exit their position very quietly as new PI's and II's come on board. They will have made a very healthy profit by then. That said, I expect that their exit price will be significantly north of today's closing price. They seemed very comfortable with their investment on Tuesday evening and I hope to get more info at the Open tomorrow.

Hello Richken - the two FA's that you mentioned are not familiar to me. I really can't disclose much more on this board but I am firmly invested in this company (and ATM to a lesser extent) and plan o remain so. Energy storage is the next big thing and BE is very well placed to reap the rewards.

No YTSS. Based in Guernsey and manage various investments for the shareholders.

I didn't get all the shares that I wanted in the other company at the price I wanted so ended up buying a chunk of BMN back at 24p (sold at 23.6). The other company that I switched to is Augean who published very positive interims this morning. I was expecting a larger uplift this morning but I suppose the HMRC issue is still holding this back Their auditors have not requested a provision to be raised so they must be content that they will successfully defend their position. Anyway, that conversation is for another board.

Good afternoon Spbhoy - apologies for the delayed update but it was a late night with a tad too much Bushmills whisky consumed. Whilst they did not go into too much detail I did get a very positive response re the prospects for Bushveld and even more optimism with ATM. The two financial advisers were a little cagey not wanting to be seen discussing the investments in front of their clients (or the trust that holds the shareholding). They have no plans to exit their shareholdings any time soon. The discussion moved on to inward investment in SA in general and one of the guys said he has never seen SA with so much going on. I quizzed him on the origin of the funds and he said most is from China. He also discussed how SA has been raped over the last decade by Zuma but the new leader is very commercially minded and determined to root out the widespread corruption. I am with them again on Friday at the Open so will maybe be a little more direct with the main beneficiary of the trust that holds the shares. I plan to add at these levels at every opportunity.

Not all trades are showing which may go some way to explaining the trading pattern. I am NOT a trader but had to off load 500k at 14.57 to pick up another stock in a hurry. I am meeting ATM and BMN shareholders at 18.30 tonight for dinner who are over in NI for the Open and hope to be able to pick up some useful information. Hope to get positive reports.

We might see some SP weakness as some holders take profits but all the news in the pipeline is positive so you are probably correct re not seeing £1 again. The HMRC assessments have been issued so the worst case scenario is already known and reflected in the share price. If they do successfully get the assessments overturned then you will see an immediate SP jump. Trading figures are ahead of expectations and likely to continue with further cash building. Good luck with your holding. If you don't mind me asking, what is your b/e price? Colt45