Member Info for faramog

now that makes sense ... not thought of it that way .. but then I am not a beancounter .. thanks Alfa ....

good point Daisan ... I get why enterprise value includes debt but don't really get why it does not include cash.. maybe the assumption is a prospective buyer has to service and take on the debt but cash can be paid out to current shareholders.

But an interesting observation none the less

@cc ... pension funds spring to mind .. a nice steady 5-6% annual return with the asset value protected is just what then need for long term bond and annuity funding.

But Leasing has a long way to go and I am not all that convinced it is viable given greater returns possible for just selling vanadium

very true as the more we dig up the less impact admin etc have ... then there are royalties etc... you are right I was rounding the operational number.

I thought costs had been reported at circa $18000 .. not 22k

depends how far you expect/target the SP to go .. plenty of voices (including mine) calculate 100+ in 12-18 months as fair value (reality may well be a lot lower).. but lets suppose you feel 100 is a realistic target.. does buying at 22 or 20 or 18 make that much real difference when we are looking at 3/4/500% rise for where we are.

I don't get this 'buy on the dips stuff' .. just work out the target, assess your personal risk and just buy/hold ... anyway... we are likely to get some liquidity as the new shares are printed

low volume and no one is selling ... for there to be volume people have gotta want to sell ....

FM on Energy Storage - looks like a SA prog

https://www.youtube.com/watch?time_continue=23&v=QRK92TpV1Qk

@gambit - we need a 'drooling' emoji !!

next up in the cup ...

mcgrow 19 Jul 18
specula8or 21 Jul 18
alastairMcGrift 23 Jul 18
dimmented 30 Jul 18
clarky860 03 Aug 18
dfallows 14 Aug 18
jogj99 14 Aug 18
sanchez599 17 Aug 18
0308966 30 Aug 18
maccas21 04 Sep 18
wessy 07 Sep 18
gigmillbaggie 10 Sep 18
deece 13 Sep 18
milkman87 19 Sep 18
tyfoon 03 Oct 18

perhaps when someone wins the 30p cup !!!

I know BBN .. just looked like a proud dad ... just wanting to say so much more ..... all very very positive indeed (and he more than deserves those share options)

wow .. lots to scribble .. much already known but such a positive interview.... so many things but just a couple ...

1. a model to help unlock the value of BE and allow the market to value it
2. Supply side highly constrained and no change from that on the horizon
3. East London Electrolyte plant on track
4. Lemur ... spin off (like Afritin), so expect a fair amount of dilution
5. Structure simplification is 'when' not if .. if I interpret the 'as we execute' comment
6. Still hugely undervalued.

even better Alfa ... and I agree about the stack ... a few % variance in performance at best ... but Bushveld will sell vanadium at market price .. steel, electrolyte or for paperweights ... unless there is some future evidence then the vastly inflated prices in the market (for say Redt) is not realistic - there is just no massive added value ... no long term leasing may well break that and attract pension funds who want sustained returns over long periods of time .

All very positive anyway

good summary Kevkan .... and we are not past Vametco yet....

H1 results due 30th Sept

well BBN we all have our points of view ... but without the licence (and it has been imminent for what .. 10 months ) the limits of production based on expansions announced are 5,000MTV by the end of next year. I also feel the political backdrop of SA is highly significant in risk analysis . No-one internationally was going to invest in SA with Zuma in charge. Ramaphosa is making all the right noises but until/unless there is legal clarity/stability (and the charter is the kingpin first step), then I do not see the $100B that Ramaphosa wants to flow in even getting past $1B ...

Lots of store being placed on BE but not sure I entirely agree. 40% of the cost is electrolyte and we will sell the vanadium at market price (to make electrolyte or make steel). The stack is not Buchvelds technology but a parter. There is added value in putting it all together and rolling out support contracts but I get the feeling that some people see a massive greate re-valuation. So far, I am not sure I see a lot to back that up - just part of a wider vertically integration and long term big cog in a multi-Billion dollar company ... but we all have our views
The Numbers have been speaking ever louder for months... I hope you are right and my caution misplaced but its really only a matter of time.

What a cash generative T-rex this is though

60/70 would be nice .... but I am a bit more cautious ... the H1 numbers will undoubtedly confirm 'real' numbers to the market (whether they react is another thing), but until 2 events finalise I am not sure we will get the real re-rate.

1. Mokopane Licence
2. Mining Charter

The first confirms to short - medium expansion of production and the 2nd political stability which we all hope acts a a break point for inward SA investment.

Personally ... I am just hoping for 50+ by christmas ... nice hol somewhere sunny on that

funny thing Alfa is that the Kingdom is building very large solar arrays !!

staying in aim has some inheritance tax advantage as I understand it.... ie so long as a holding has been held 2 years it does not count.....