Member Info for HaleSpur

It's good that China is only 10% of V sales therefore any reduction in construction will not have a significant effect on sales. Hopefully for all concerned China can help contain the virus and return people to their livelihoods.
I believe CV has a mortality rate of 2% which is not too far off the influenza virus we have here.

Bella I also agree that too much fast information can cause a sandstorm and hysteria. The news channels love this and for some reason the bushfires have become yesterdays news as have problems in the middle-east.

The traders and MM's can manipulate psychology and sentiment with the news for those who aren't patient. As far as I can see the increased V prices on a daily basis means we are making a decent profit after the blip and not just breaking even.

It's great to see the rises on a regular basis and just waiting for the magic $40-45Kg figure as this make us a cash elephant again without battery storage. The extra production from Vametco, lowered costs and Vanchem production add massively to the bottom line. I am not sure someone mentioned this would add another 100% to profit.
Regardless even if I am hating the SP, I have to hold for that one day of hope. We know with one RNS regarding the World bank BESS money, BMN would double the SP in one day as the contracts could be worth more than the current MCAP.

Expecting a rough ride until the next RNS or two but i'm staying level headed and holding for better days. Only regret for me was having my last buy in the 9's rather than now.
We have 7-8 weeks or so to see if Dan can deliver on his word NXP002. After that the negative comments regarding this company is fair game.
At the moment people are making assumptions after the bombshell and while sentiment is down. Obviously the visitors can also make a quick trade based on this so don't fall for it. Psychology is a powerful thing hence big funds sponsor trolls.

I respect DaveW's posts and agree he provides excellent input here unlike the traders here who will disappear soon.

https://twitter.com/thirdrowtesla/status/1224909093963534336?s=21

Sometimes you have doubts about the company and whether shorting has any effect. Then you listen to this and realise things are not all they seem.

Doh I meant Vanchem expansion costs in Q1 and how long it will take.

Couple of initial snippets.
1MW/4MWh Vrfb at the Vametco mini grid. Maybe it was just me but thought it was 1MWh so a lot more V needed and a lot more expensive for other mines to rent/purchase:).

Provide 2020 production cash cost in Q1 2020 Operational Update - So news with in the next couple of months which again could help the SP especially if V prices explode.

Secure partial self supply of electricity at all Bushveld operations in South Africa to de-risk potential deterioration of Eskom and the power system - Expect news of another mini-grid at Vanchem and East London.

I'm sure Aberdeenman got his last call wrong but respect to him for being brave enough to say what he thinks is correct at the time.
Goalposts change all the time, just like Dan did not think DT would fail to deliver.

Agree Knuttie, volume is lacking as most of us are unto the brim and cannot top up at these prices even if we wanted to. Now we need II's and new investors which will only come with news or serious uplift in V price back $40Kg.

Each to their own when it comes to parting with cash.
At least the basecamp, bobble hat ramping will be no more. Hopefully a lot of traders will leave and the patient and brave are the ones rewarded.
Not many things go in a straight line and its their first blip in many years and not even in their control. What could they have done different. F*** All and they will now avoid deals with the Chinese companies and their loss. All they can do is concentrate on moving forward with other avenues.

I won't sell at a loss so staying for the good fight even if I am 50% down.
Hoping Dan has a new team member to announce this week as my inkling is that building for this has been ongoing since the last podcast. Hopefully this person is legally trained and can send a solicitors letter to NSB and we get the money by Friday :)

I won't sell below my average and expect a fall then a bounce and await NXP002 in Q1 as I still trust DG
Team, China then NXP002 was the news Dan said will be due so nothings changed as we have had a little team news. With this news the order seems the same to me! Maybe they knew in November DT was going and this was the team changes they expected.
DT could have took his £60k to pay bills as he does not have a salary anymore and hopefully supports the company by not selling any shares.
If he is investigated for insider trading based on information he knew then hopefully there will be a freeze on any trading from the company anyhow.

Seeing a nice percentage rise in line with the V price rise this morning for once. The millions held by shorters reversing will also cause a mini spike soon.
Ninjamagic’s calculations means just in the last two weeks profits are rising many millions.
Bring on $45 as that will make us a cash elephant with the extra production from Vanchem.
I think we don’t need BE but just need an RNS with the master plan for expansion and timescale.
This will allow speculators to calculate the future profits Based on any debt acquired. Regardless almost tripling production will be a massive!

2.86% even better i mean.

Some bigger jumps of 2.4% in Europe and elsewhere compared to yesterday. Feel's like the time it kept rising everyday to the spike. Fingers crossed , i'm happy to reach $45.

http://www.702.co.za/articles/373772/an-energy-company-outside-eskom-more-on-minister-s-bombshell

This is another SA energy interview with Chris Yelland whom I know BBN respects.

http://www.702.co.za/articles/373830/panel-discussion-state-of-mining-in-sa

This one is from the minerals council economist with regards to the news of mines being able to produce their own electricity.

Its behind a paywall Hamill.

https://twitter.com/BushveldMin_Ltd/status/1224387861409124352

On BMN's twitter it says FM was on Radio702 discussing the Mining Indaba. Anybody listen to this or know how to access what he just said?

Hopefully news on going the whole way with a 10MWh power plant at the mine to become self sufficient. Imagine the savings in electricity and influx of interest from other mines. This SP needs a boost.

I agree BBN, it would be embarrassing for them, if later on there was news of problems for registration.