Member Info for faramog

nothing is going to happen vis-a-vis the FCA. It is one of the reasons I did not pledge any shares to 'the prize fund'. Only way anything will happen to that useless and incompetent organisation is a high profile UK based company scandal involving a lot of investigative journo's bored with Covid, Brexit, Boris or any other number of things .... think 'expenses scandal' type scale.

I would love to be wrong, but there seems no political mileage in sorting the FCA out (too much egg on too many faces), so will take a big whistle-blowing event IMO.

smash is not quite the word I would use ... more like Oooze past it (for the 2nd, 3rd, 4th or 5th time)

well Knuttie .. so much material to pick from ha ha.

I wonder whatever happened to gas-ball .. sorry, I meant bolgas - disappeared 6 months ago

-12.5% today but all the main markets are down over 3% .... just remember, it is still over +30% up since the middle of last week ....

Alfa is having an LSE free May he said .. active on twitter so still around

9% down.... Low volume.... Maybe just a quick tree shake but that wee niggle.....

Very sorry for you and your family @Pdub

Beat me to it James... We are done with placings.... More than enough access to cash sources... A Mokopane plant would take a couple of years from.plans... and all that is really needed is a crusher pre refine to concentrate prior to shipment to china (as we rather expected last year)

By the MMS of course... Cash for the boys by sparking a flap, shor away and drop the price.

You not been watching the past few months

The last time there were 5 straight working days rise was 1st Aug 2019 (then 19 dec 19).
The last time there was a 6/7 day rise was 7th Nov 18
And 8 days in a row (if blue tomorrow and friday) was 3rd May 2018 .. over 2 years ago

There is an interesting step pattern ... each day a step .... not seen that before that I can recall

Niggling short furry doubts aside, a very positive week so far

start was 10.75 last wed .... 16.1 and we have +50% in a week ... nice a steady that .... a few more days please

all the best Pdub ...

I agree .. should only have been brought up when they were ready to start regular payments .. that is 2 years away really

it already has Daisan .... a much delayed and with much fanfare a stating of the obvious ... payments will be out of free-cash post long-term investment needs.

I am still amazed they even bothered to announce it

Share buy-back resolutions are pretty standard at AGM's as a means for the BOD to react quickly if required. As has been amply demonstrated in the USA the only beneficiaries of but-backs have been executives who have SP targets written into their bonus arrangements.

They have consistently delivered no real value to shareholders and only demonstrate that the BOD have no imagination about growth and so use the cash to concentrate the shareholder base and feather their own nests.

Rather than buy back, return the cash to shareholders as a dividend is by far the best option for us.

However, in Bushvelds case, unless there is some business imperative to buy-back (for reasons I can't think of), then it is not going to happen - cash will be preserved and re-invested in the many growth projects.

Just put this topic, like 'dividends' to bed ... it aint gonna happen any time soon (if ever)

Yes Knuttie - despite my niggling feeling of imminent short furries very positive.

Since Jan 19 there have only been 7 occasions of 4 in a row... 5 in a row is 2 and no occasions of longer runs.

Well done gggareth

SA coming out of lockdown
Vanadium price rising
Market reports of future Vanadium Deficit
Leaked (or suspected) imminent news
or .... just another MM game to let the bubble rise before another shorting attack ...

take yer pick !

0805 and already nice and blue.... 4th day

No Vauch... Only misunderstanding is how the market sees and prices Bushveld.... A small one product miner in a junk status country dependent on commodity pricing.

.... As opposed to the aspiration... A vertically integrated energy storage company with a mining arm.... When the market sees the latter happening a rerate based on technology multiples will happen.

When SA lifts out of junk status, when we leave AIM then these events will also give a rerate..... All based on nothing more than market herd sentiment