Member Info for HaleSpur

Just listening now - a lot more informative and bullish than the other interview. Happy with more information on the BE side and a few take-aways.

He said they have been 'very busy' after the Government lifted the self generation hurdles and 'encouraging' talks'. Hopefully these are large factories and mines asking about storage after the severe load shedding.
Mentions the Eskom tender being delayed but expects the process to be launched for the 1440MWh storage. Hoping Vanadium play a major role.... Don't we all.

Due diligence complete on Enerox and will update the market in due course!

Surpassed yesterdays volume already so a bit more interest today. NT must have been due to a number of those 200-250k trades.

https://www.brrmedia.co.uk/broadcasts/5eb2c08331da814c9fc6e6a1/bushveld-minerals-limited-q1-2020-operational-update-interview

Another interview from FM from his office. Will overlap from the last one and credit to Sanchez on twitter for sharing.

Good post and FairPlay Gambit you out your money where your mouth is.

Its developed for chemo-induced vomiting and nausea so hope you enjoy puking for England too.

Haha I predicted Brooko would return to knock the share but surprisingly before any news. So now we just wait for Taffy and his bobble hat.

Just need one of those projects to get underway to take 1000's of tonnes of V out of the market if it is not ours.
I think if Saudi asked for 13000 tonnes from largo and BMN it would be game over for the V price again like 2018.

CPI seem to be dumping very slowly, probably 100k per day which should not overwhelm the SP. I still think DT is the main dumper and will be interested to see the next TR1 from him.

Any reduction in holdings from these two is a good thing before news. We don't need a large dump on real news as the SP won't reach its potential.

volume hasn't hit 700k so very very quiet. Everyones loaded after impressive volumes recently.

Good thick beard and interview. Nothing new learnt from this for me and reiterates the business is in a sound place.
Shame Andrew Scott does not probe him about BESS contracts or Enerox etc but maybe he is not allowed to.

I did say, I suspect I won't be able to buy in sub 12p on Monday because the share is over-sold.
Regardless it will be a win-win situation for those with a long term view, even if it fluctuates at this undervalued level.

Hey Jamie not sure I'm making it up but was think he mentioned something on the conference call that said days also. Maybe 7.

Ninja before you get shot down lets just say we have $20-25m debt for balance :)

I believe the dividend policy was set before the Vanchem purchase which reduced a lot of free cash flow. FM was able to double the potential production capacity with this purchase years earlier than planned and saved $100's millions compared to a greenfield mine at Mokopane. The opportunity arose because of the extra-ordinary spike of V price hence there was more cash in the bank than I'm sure even FM expected. T
This is my take on things and it should allow better dividends and SP in the future when it all plays out as the business plan has laid out. I think even if FM paid a dividend 1 year then there would be no dividend the next couple of years as funds would be required for expansions and this would have been detrimental for the SP anyhow.

After being on here over 2 years, I remember at times people wishing or being resentful at times of holders getting in at 9p or lower like the stalwarts of the BB. Trolls like Capa were especially jealous as they obviously sold or missed out on the buy in when it hit the 40's.
Well now you see what kind of sentiment longer term holders had to put up with at low SP's for years and it takes balls and conviction to buy in heavy at these prices as many did. Many of us who have higher averages on higher sentiments now have that chance to top-up to lower averages but it means doubling down.
The company is surviving and continuing with the electrolyte plant while some are looking for funds just to keep the lights on.
keeping the faith and going long and strong.

Just to make it clear, John Lidgey was the only one on the main board of directors that remained after the reverse takeover of Leveritt while every one else had to resign on completion. He probably just reached the age to retire from this position now the company is managing just fine.
He was part of the old company and his resignation would be nothing to do with DT or the problems even though they were close in the dates.
As Dan said in one of the winter podcasts that he is looking to create a team and there will be changes at the top before any deals. What we do not know if DT was part of the planned changes or because he was a naughty boy. He was not thanked like John in the RNS so the latter sounds more likely.

We all hear about Fortune and his great leadership getting us to this position and I have complete faith in our leadership.
With regards to Mikael he will surely be working hard as he owns 16% of Bushveld Energy and he won't be doing all this for a low rewarding salary. He will want his cut of the big deals.
The time to shine is coming and I believe 2020 as the mission statement for BE states is when they become the biggest energy storage companies in Africa.
NB. There maybe COVID delays deploying anything this year but the key is contracts being signed which will drive the SP onwards and upwards.

Take it the 200k at 6.4p at 16.34 must be a buy also?

Was it no KW NOT MW? when I looked yesterday?

Thanks DBB, also add 0.36% shorting is another 4.1m shares approx that might help jolt the SP in the right direction one day.
The tide will turn one day when there is no seller or short regardless of news.