Member Info for faramog

@Drifter88 .... but profitable companies in a high growth phase (as Bushveld are) attract a forward PE of 20-30. In fact when the Vanadium price was 60/70+ the PE was very large at one point.

You just contrive a number by picking a multiple that make it .... a PE of 10 is pretty irrelevant to us and just shows how very undervalued we are...... I refer to my post last night as to the reasons !

because @Bassguy ... whatever we think, Bushveld is not 'seen' as a major miner ... yet !

Well Drifter .... you are absolutely correct .. the market does not ascribe what 'WE' consider a fair value. But then the lazy Bolly-swillers don't actually look at research or numbers etc, but just focus on what their mate said in the Bolly-bar and what the general overpaid cattle are doing in the market.

SA is essentially at Junk-status so not many look beyond that (and indeed are not allowed often). We are still seen as a one product small-cap miner in a country with a long history of corruption (however this may be changing and day by day Ramaphosa moves the country along). This coupled with the fact it is as easy as pie for the MM's to manipulate about and make their weeks bar target and we have the basic and fundamental reason we have the value we do.

So what changes that. Well two things really:

1 - We get off AIM and onto the main FTSE - this will attract index, tracker and various other funds and generally help reduce volitility while increasing liquidity

2 - BE starts to deliver. This changes the narrative from a small-cap miner to an actual high-tech energy solutions company. All the Vertical Integration actually does is give us control over the raw materials so free to supply as much and to whomever.

There is a huge infrastructure plan in every one of the G20 as a result of the lockdown - the view being build build buil your way out of the hole... and we all know that needs Vanadium.

Even if BE takes another 2,3 or 5 years to take off, this company will make ever growing revenues and remain very very profitable.

Eventually ... this will be spotted by a far wider crowd (especially off AIM)

RNS ... 7.5% drop ...what a surprise ! Recovering now but SNAFU

Can make the call time but will have a listen later when posted on the Bushy website.

Nothing has changed - very profitable, growing revenues, stonking prospects and oodles of cash to ride the storm out: how many companies can truly say that ?

MEM ... you have lost nothing and nor have you made a profit .... unless you sell and then that status gets realised.

If your plan was long term then Pdub is right .. just negative noise no one needs. If you did have to sell then my sympathies

erm .. lets hope it is a terrible RNS .. as every good one leads to a fall !.... in other words, don't hold your breath an RNS will make any difference at all.

Chill, relax and sit back ... be a while yet, but that train is a rollin !

Great summary Alfa .. had not realised it was a 2M shortfall (thought it was less than 1M )..... They really are in a scramble for time

absolutely ... but we could try 1625 tomorrow and see LOL

I am no fan of Trump, but he got elected against terrible opposition ... how many complain 'he is not a politician'.

So remind me anyone .. when did Michelle Obama ever stand for any office ? ... but a way better choice for Biden than Hilary who is just pure poison.

Seems the US has no better choices than we have had !

Max Wall .... a comedian who was 'unique' .... Looking at your post history you are a right doom & gloom merchiant with eithe an 'interest', a 'paltry' holding or 'sold out'

Best go and hunt the stool ! https://www.youtube.com/watch?v=YDPFpWgoD6M

We don't have the processing capability ... but the Chinese do ... Mokopane off-take anyone ?

no Gr33bings68 ... we don't ... SETs works on AIM as far as I know - or when talk of it as a requirement for joint JSE listing happened it would have been very clear.

But I agree ... we gotta get off this lawless place

Not quit sure that is correct Gr33ning68.... a link with LSE (presumably you mean main) was not suggested ... Or at least if it was I missed that part.

It is to dual list on JSE. The only change in the UK required is to move to SETs from SETsq... Basically the mm's can still manipulate but it is a bit harder.

Personally I hope FM sizes the moment with JSE and lists on the FTSE

An excellent post AM and good counterbalance from Pdub.

I can't disagree with either comment. I rather think Bushy has had to wait for a lot rather expected a bit earlier.... Ever 'imminent' Mokopane taking arguably 18 months longer (think of the offtakes that could have happened), the Electrolyte plant planning taking a lot longer than originally muted, the endless Eskom delays.. etc etc... And now the Covid crisis !

It is very frustrating, but the building blocks just keep spreading wider and getting taller. I doubt very much FM is unaware and at least privately a bit fed up of the lack of SP stability which can only have a negative impact on the company and impact liquidity.

I remember a post last year mapping SP against Vanadium pricing. It seemed the lag of SP movement was circa 2-3 weeks, so the upward Vanadium pricing, increased profitability on that and lower costs we should expect to reflect in the not too distant future.

This may be the direct link ... https://www.pscp.tv/w/1eaKbQvoAMdxX

https://twitter.com/PresidencyZA/status/1252668431268114432

I know what it says.... Just a smile at the classic 'divi' question..... Loads to invest in.. still in high growth

Imminently

my thought too Alfa ... how very convenient

what II support ? .... I think Alfa's analysis rather shows dumping. If there was II support the stock would have been bought up and supported.

What we really need is to get onto the FTSE. That would open up tracker funds and larger pension funds eyeing up the cash generation ... and that would mean no more Nomad so hardly surprising he might not be keen