Member Info for faramog

if pointing out repeated missed gen 3 targets and sales is deramping then take a running jump. Check my red posts... 2 years ago and I have said the same since... significant actual sales is the only thing that will propel the SP.... until then .. expect a cycle of just enough titbit followed by fund raise until either significant sales or bust. It is not rocket science.. Gen 3 either works well or not and we have no data.. Gen3 is either competitive or not... we will see.

I had the same thought

low volume... a real pause

wow .. 127 posts in +7 years ... great contribution there

I think you will find that Gen 3 was supposed to have launched by early 2018 - there was a fund raise to obtain the cash for final development and launch ... I subscribed ... only later did it emerge they had not really started Gen 3 development and the money was for recruiting marketeers and paying Scotts package.

Don't worry peepz ... good news (just enough to let the girls have a feel) is forthcoming .. just before the next plea for cash.

I do hope I am wrong but I fear the worse

oh yes ... all those hovering to buy or thinking of selling .. forget the charts .. look at the numbers !!

@LS - a lesson in volatility (perhaps Chartist predicted it ?)

I remember when I bought my first 20 grand of Bushy... to see it drop more than 40% shortly afterwards !! .. so I bought more and as the ownership & price went up, the risks went down I bought more.

Sadly RK .. would I feel sure have been a nice pick-me-up for Claire.

Next up in the Cup ..
peterfal 17 Feb 19
mantradingbadly 22 Feb 19
spud1923 22 Feb 19
darrylj 25 Feb 19
gomer 26 Feb 19
nick26 01 Mar 19
tyfoon 08 Mar 19
ninjamagic 14 Mar 19
deanosbooty 16 Mar 19

..... "If we take SP Angel’s 2019 post tax profits forecast of $109.2m, that would give BMN post tax profits of £62.16m for 2019. EPS - 5.55p. At the current price of 34p, that gives a forward PE ratio of 6.1. "

So with SPA's target of 87 thats a PE of 15.7 .. a far more realistic PE.... so 87p looks solid by year end if output does not increase beyond that announced as a target and there is no BE action. Personally, I don't see Mokopane, Brits , Lemur or Brownfield being factored in any time soon

I am betting Gambit is as disappointed as we all are that his 60p target has not breached in 2 weeks LOL (only pulling yer leg mate)

Nikomarov says that the project is currently nearing completion of the feasibility study. “In fact, the environmental impact assessment for the site, a critical long lead step, is well underway and should be completed in the first half of 2019, after which construction may only begin,” he outlines.

Bushveld Energy is also currently working with an external company to finalise the process and produce some sample batches of electrolyte which should be completed in the first quarter of 2019.

“If all goes well, we hope to be producing out of the facility either towards the end of 2019 or in the first half of 2020,” says Nikomarov.

Moreover, Bushveld Energy is looking to invest in the construction of an assembly plant to assemble and manufacture VRFBs as a critical next step in the process of accelerating Bushveld Minerals’ growth into the battery storage market in South Africa.

This longer term opportunity is dependant on the market demand and how quickly that grows, and could involve direct investment into a VRFB company that would own the facility

The company will in 2019 execute a techno-economic study to evaluate how cost-effective this would be and identify which components should be imported or sourced locally, should this project go ahead.

you already did a load of research. Great... then yiu will appreciate AIM is the wild west. If you are after a 10% return then leave AIM alone. This is the place of high risk high reward. I have had 3 aim stocks. One went down 55% and I sold eventually for a 20% loss. One was bought and just about broke even.. and then there is Bushveld.. went down 50% at one point and as the story unfolded (just as Ophidian suggests) .. I kept buying... as for being shot for no rara talk.. piffle ... people get 'shot' (to coin a phrase) as they ask questions demonstrating little knowledge, research or just asking to be comforted... if you have a time horizon of 18-24 months it is my belief you will do very very well. Offer some of your thinking on what you know.. yiu might well be surprised about the support but being lazy does not tend to get a good response... GL

@srob1968 .... rather than ask for a loving arm over your shoulder and soothing words... Go do some reading. Alfacomp posted a bunch of links earlier.... lots of data, facts and analysis... then read the collective posts over the last few weeks of knuttie pub ophidian rich ken and alfacomp. ....

Should you still have doubts then ask with something specific

Alternatively.. do a day trade and roll the dice

really @Glenfinnan ... "The guys on the proprietary desk DID NOT use algos".

..... so their actions were random then were they .... what was that ... 'no' ... oh well they must have used some rules .. aka and algorithm.

back off the malt a bit perhaps

Excellent news RK ... all the best to you and Claire

of course not .. they are all day traders averaging down or trying to guess then next move in 10 mins .... Bushy is a Long Term play and as such has only just got going. First positive cash flows, Full control of the mining operation (and that has shown up some areas of concern that are being addressed), Electrolyte plant development, Brownfield, Eskom ... all embryonic and high growth prospect

charts .. or photo's of something on EtchoSketch ?

excellent news RK ... just catching up and saw your earlier note ... many good wishes to Claire and you

if you can read Chinese !!

what twaddle @ma5k .... interesting how the shape kind of matches the Bushveld SP shape .. but does rather ignore one or two small details,
like ownership leaping from 24% to 59.1% to 74%
like actually making real hard FCF in its first full year of operation
like the readying at the sales gate for systems into BE (all well signposted)
etc
etc
etc

Go take you bull-trap and sell it to another bunch of saps .. there are none here buying such crap