Member Info for faramog

amazing isn't it ... whacking great cash elephant and not a lot of movement. GGP announce they found a few nuggets of gold in the Black hills (nothing new about that) and they go up 73%

so those 4 RNS's cover 42.08% of the total stock (not including other large holders) .. so perhaps not very liquid yet .. all growth

if of course wider international investors believe the stability clause .. historically 'people' governments worldwide have a long history of tearing them up If the cash flows in then SA really will have turned a corder .... lets hope so

amazing really .... all the price rises and cost falls

slow news month Tyfoon .... in military parlance we have hurried up .. now .. we are 'waiting'

LadyJ... I showed the pic to my cats... but they were far too busy snoozing having tried ti nick thw ham from my ploughmans lunch .....thankfully ... my moggies with guns .... I shudder to think

very kind of you FB ... you rather forget your not insignificant contribution which is much appreciated

yes .. and ignores the subsequent dilution to unlock the asset

they had a very cheesy flow batteries 101 for dummies you tube clip published a couple of days ago as well

sorry LOL .... it irks a little as ATM was certainly got rid of cheaply that our holding has been diluted so much and may well be diluted again Lets hope Lemur gets sold for a proper sum !!

just a small correction ... Afritin had a 220.5M share dilution from 297.5M to 518M .. so the Bushveld holding in Afritin is now just over 10%

LS .. that took me a minute ... ha ha ... I feel an appropriate break for cafe und Kuchen

I agree .. I had a large banking holding but switched to Bushy ... made 150%+ profit so far as opposed what would be a loss of circa 10%. No brainer

@querty ... sorry but I rather refer to the Bashers Handbook, rule 2: Use 10% fact. 90% suggestion. The facts will lend credibility to your suggestions yes ... a recession will surely come ... historically there is no avoiding them .... then your 100% drop nonsense and we can de-risk by selling ... not in a falling knife you cannot. Got any actual facts ?

@querty .. the current deficit to requirements is (arguably) up to 20% and that is before the major Chinese Rebar changes really bite. (I believe Meyer said this in one of his recent Vox interviews) Secondly, he VFRB market is only just starting requiring potentially vast amounts of Vanadium. So whilst you may be right in one respect of a possible global steel reduction (having a downward pressure on Vanadium pricing), the VFRB site will likely more than pick it up. Personally I would expect the price to stabilise rather than increase to over $100. But not to worry .... If Vanadium pricing halved then we would still be making a 100% gross profit .. Bushveld is and will become and even more profitable company

Interesting threads this morning. I am reminded of the post a few days ago listing 'The Bashers Handbook' but am not suggesting any nefarious activity. Both Pdub and NickD doing an excellent balancing job. I have already said I feel some elements of the proposed mining charter run contrary to both common justice and coherence in building an 'invest $100B here' story but I have read and note the following over the past 6 months: 1. SA is a very much more business friendly place since Zuma (I have a number of SA friends and they are a lot more positive) 2. Ramaphosa has a long term heavy investment plan for SA and knows very well that killing the goose before it even lays an egg will not achieve that 3. Corruption is a big problem in SA and will take years to overcome but the principle from the top is 'we will not tolerate it', as opposed to Zuma's approach of 'where is my cut' is inherently better 4. Stability is the biggest requirement for any of us to succeed and Bushveld runs a substantial discount partly (in my view) as it is seen as operating in a perceived unstable political environment 5. The substantial taxation, royalty, dividend dribble, freeby equity etc colours the substantial cash generation possible at the moment (see 4) 6. I suspect the Mokopane licence has not been issued yet as the SA government want to apply the new charter to it (and the othere in the pipeline) - no surprise there. 7. I expect the charter to be gazetted by early August - the differences between the MC position and Government don't feel a million miles apart - there is not the outright hostility there was 6 months ago There is no point re-iterating the potential and serious undervaluation in Bushveld. Plenty of posts detailing the numbers. So for me, much as some elements of the proposed charter irk considerably, before any of those elements realy bite we should be 3,4,5x the valuation we are. Bring on a new stable charter .... bring on the H1 numbers ... bring on the mokopane licence.... bring on BE sales . Bring it on bring it on

... also, although I may agree Tyfoon that a deal is in order, I suspect that the hand will be forced quickly. Ramaphosa has had almost 6 months and this is his one sunrise industry ready to role... He need the 'world' to see inward investment into mining to sell the message that SA has a stable environment to invest in. In his shoes I would want the deal wrapped up by the end of July (give or take a few days)

This is the most manifestly unfair element personally as it gives away equity and rights plus a guaranteed income stream for no risk .... now correct me, but were not locally Royalties supposed to do that ? But contested remain the 5% free carry each for communities and workers. Also contentious is the provision in all new licences of a trickle dividend, or 1% of this overall free carry percentage, tied to operating profits from year one to ensure communities and workers would not be subject to market fluctuations. So if passed it will be: 7% Royalty 28% tax 1% of sales (essentially what I think is meant by trickle dividend) ... or it would fluctuate with costs 10% return free to local rich non-whites. Not far off 50%

Hope you remind them frenchies its Waterloo Day today Fatbanker LOL

ah yes NickD ... misread ... hopefully by September the lemmings in the II herd will have had cash-Goliath stamped on their eyeballs and be slavering at the bit