Member Info for HarChris

Might see Mara starting with a 4 far sooner than I was expecting - why'd you go against the Capo Chaebol?!

I think the net result will be bad for crypto but fine for the broader markets when it becomes clear that the trad banks are liquid but also that governments are more than willing to protect traditional finance yet have absolutely no interest in protecting anything crypto related.

It's hard being outside of the system, could be make or break over the next three months or so for bitcoin.

Today's the last day to submit your action for the open offer so it shouldn't have disappeared.

And technically it's free to float upward whenever it damn wants!

And if five sentences is too taxing for you then I'll accept just three... and saying 'look at the five year chart' does not count as reasoning.

RBC is a respected broker and has recently slapped on an 18p target based on a $40/kgV group realised price and we're actually at ~$43.25/kg but I accept that it's going to take a bit of time in this market to rise 3.6 times.

Their target comes with 55 pages of reasoning, would you mind at least giving us say, five sentences as to why you think the share price is 'a bit toppy' ?

BMN is one of just a handful of small caps that's up over the past month. Fundamentals are ever improving but of course it's hard to swim against such a strong market current.

This is going to be a good year for shareholders even if it takes a few more months for the rerate to take place. On y va!

Mara moves aggressively in either direction so if you think bitcoin/nasdaq is going lower in the coming weeks Mara will almost certainly drop into the 4s.

I cannot believe how well timed by sells were last month, certainly more luck than skill but take them when you get them, eh?!

Think scaling back in occurs next week now.

There are a ton of reasons why nuclear will never make up the majority of the global energy mix, from the increased risk of nuclear fallout/accidents with 20000+ nuclear reactors around the world, the vast amount of nuclear waste that would be created, the lack of uranium to cope with such demand as well as other factors such as the length of time and expertise it takes to decommission a nuclear plant at the end of its use (20 to 30 years).

Wind and solar is more practical in general although they'll all be part of the global renewable energy mix.

It’s pretty easy to spot who’s in over their head and who’s not… if you believe this investment is going to come good then relax, let traders do their thing over the short term and wait for the key strategic milestones that gradually rerate the share price.

This fall to me is simply traders assuming that the director buys mean no news in the immediate short term and hence a chance to drive the share price back to the bottom of the range (14? 14.5?). Give it a week and the expectation of news landing any time will build again and we’ll see it flip back to the top of the range.

I'd argue that traders are simply aware that both wider market weakness and Bushveld's predictable release of news makes it unlikely that they'll be a share price rally this soon before the Q1 update... I personally expect the share price momentum to start in three to four weeks (all things being equal in regards to V price and Rand).

The two things that would catch those on the sidelines out would be (i) V pushing on towards $50/kgV and/or (ii) financing news with Orion/third party lender that puts the November CLN uncertainty to bed.

If traders want to bank 10% and risk missing out on the big returns that's up to them.

Whilst anyone sensible would agree lithium batteries shouldn't be banned thermal runaway is certainly a danger that shouldn't be ignored and one factor that gives VRFBs a definite edge, especially in densely populated areas.

'Well since the start of the year bitcoin has risen 41% whilst difficulty has increased 26% so although there will be some slight improvement on margins the difference at this stage won't be substantial.'

Well that's changed as of today (using expected difficulty adjustment tomorrow) to just 30% increase in BTC vs 29% difficulty.

It's tough out there for the miners.

Whilst you're comparing to the end of Q4 you see an even starker change when comparing with the end of Q3. For example:
Europe V2O5 up from $7.2 to $10.2 lb. A rise of 42% since end of Q3.

And yet the share price has still to respond - such an opportunity for those sitting on cash.

Current group realised price is now somewhere between $43.5/kgV and $44/kgV with weighted average cash costs ~ $24.25/kgV due to further dollar strengthening.

Amazing margins that keep getting better.

No it's not, it's totally irrelevant. At any point in time one has to decide whether to buy more, hold, stay on the sidelines or sell. Somebody new to Bushveld will be more interested what is going on today than what occurred over the past five years. Does it make a jot of difference to them that the share price once reached 49p or was 10p a year ago? No besides recognising that they have the chance to get in much lower than the majority of long term holders.

The only reason to bring it up time and time again is because they've got absolutely no argument to counter the positive investment case today.

John's purchases over the past three months or so total £65000 - I wouldn't call that pitiful.

What a strange decision to get involved BC. Someone had a dig at me and I had a little dig back, no more no less.

But no I don't think there are enough people sitting on an average of 3p to warrant that comment (there won't be any).

Pdub that is an excellent and balanced post.

I agree with you with Will on the Australia base but the second reason is significant cash position and no debt.

Still, is the difference in valuation ludicrous? Of course.