Member Info for faramog

I just love the short-seller comment .... class !

good release.. all positive.... I expect a much bigger equiry raise later but just like bushveld this will help unlock it

To paraphrase Apocalypse Now... I love the smell of burning furries in the morning :-)

I guess 'imminent' means 'tomorrow' .... I do hope the shorters are 'salt-roasted' today

the ETF holding in Bushveld has gone up approx 75k shares since 8th April ... just for interest

Quite the day ... down to 19.75 and then up to 28.75 ... a swing of a mere 45.6% .... nice feeling.

And to all those just-william-short-trousered-furries ..... https://www.youtube.com/watch?v=A_sY2rjxq6M

Behave Expert .. you know very well .... May I remind you of past posts ...

10 Feb "Also current (projected 2019) $220 million EBITBA is £170million. ... which is approx half current mcap. to think..... just 2 years wiorth of current profit equals current mcap. SP has to be worth more ....much more" .. does not strike me you had no idea then"

09 Feb "2018 EBITBA 107 million U.S. dollars. ( 83 million GBP pounds).
Current mcap 386 million GBP pounds.
Therefore current mcap is 4.5 times current EBITBA."

Ahh .. I see what you mean... I looked from the time-stamp, but just backtracking, the sudden rise seems to have been largely after release into the system.

Burn the shorters I hope

why Alfa ... RNS only after the sudden reversal and an effective swing up of close to 20% ..... or do you feel Bushy have got bothered by the manipulated dropping

odd ... we have had 12/13% drops and not a peep.. suddenly an upward motion and Bushveld release an RNS.... ?

21 May 2019 - Bushveld Minerals Limited

("Bushveld Minerals" or the "Company")

Comment on Share Price Movement

Bushveld Minerals Limited (AIM: BMN), the AIM listed, integrated primary vanadium producer, with ownership of high grade vanadium assets, notes the recent downward movement in its share price. The Company confirms that it is not aware of any corporate developments that support such a movement. The Company notes the recent falls in the Vanadium price but believes the vanadium market remains in a structural deficit that will support higher prices in the medium to long term.

The Company will be releasing a Mineral Resource and Ore Reserve update imminently and the Company's financial statements for the year ended 31 December 2018 are scheduled to be published within this month.

don't anyone get sucker-punched ... rapid rise followed by an organised deflate to catch a few out

Oh my .. 26.6p now (not live of course) ... so almost -13% now +13% ... some swing

yes .. coincided nicely with a short deep dip ... surely someone did not get mugged for a stop-loss ?

Thankyou for that contribution @Catastophic

https://www.youtube.com/watch?v=sxqvwkmTNy8

oh dear PP ... June 2016 -> December 2018 BMN share price from 2p to 40p (+1900%) ..

Well... fact and context are two different things.. for example, the initial buy into the Vametco plant (circa 25%), then the buy up to 59% and finally the full controlling interest and direct control of cash flow to 74%... along with the Corrupt Zuma being ousted and direct SA reforms starting... oh yes.. and forget Lemur the NPV increases of Brits and Mokopane and must forget Afritin and BE as well.

Yes .. factually you are right ... but liking (as you clearly try) all of it directly to Vanadium pricing is a folly as there has been no demonstrable link going up and every excuse to link going down

Headline -12.5% and 3.25p drop look bad... but lets not forget there have been bigger movements

Since Jan 2017...

01may19 +4.7
13sep18 +4.5
20feb19 +4.3
18dec18 +3.8
12Nov18 +3.5
01nov18 +3.5
21nov18 +3.3

and only twice a higher fall

21dec18 -4.4
20nov18 -5.0

with an average daily movement of 0.04 and SD of 0.93 ... long periods of flat mixed with periods of movement and volatility.

We are just in a very concerted downtrend with considerably more manipulation that before .... we are making real cash and so no have an attraction of followers... don't sell .. burn the Furry-short-trousered lot

interesting observation .... there does seem a very concerted effort going on .... wonder if they need to close for some reason right this week

I rather read it as 'progress in line with the plan'

I am surprise we don't have an army of sages banging on about technical support and resistance lines right now...