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Pigpen, IG will quote me a price from 7:50 onwards (usually a rubbish one) and allow me to deal but only in BMN, no other stocks, so I've dealt a minute or two before 8am before...and I still can't answer your question. It's not like I'm a premium customer or anything.
I think it might've been the recent Crux interview where Fortune alluded to the cost of developing greenfield from scratch as being around $250m, that's if you can get the funding, the license and waiting goodness knows how long getting the thing built.
That's versus an already producing and very profitable Vametco and Vanchem plus BE, Lemur and soon to be a stake in three battery companies for only 1.29 times as much as that right now. Utterly ridiculous.
We're priced as such a giveaway at the moment it's like we've become a JML commercial or a terrible late night 60 second infomercial on The Knitwear Channel.
"When you buy Bushveld Vametco for only 250 million pounds plus postage and packaging we'll throw in Vanchem absolutely free!"
"But that's not all, Bushveld Energy is also yours to keep."
"But wait, we're not done yet...order before (insert date) and we'll even throw in your own Madagascan coal resource"
"There's even more...love battery companies?...etc etc"
"Call now...blah blah blah."
It's utterly infuriating but there's not a hope in hell that I'll sell at anything resembling these prices.
There's a link to it here: https://youtu.be/cZwQN4JpJ8s
8:56 about batteries, the rest a very worrying reminder that mankind ****ing up this planet is a very serious issue that isn't going to go away.
I'd also thought that those end trades were sells. I was doing a few small dummy trades right into the close and from around 4:28 the price was 24-24.4 and stayed that way right until the end. When that 1000 shares went through just before, the bid then was actually 23.7 with the offer still at around 24.4 I think. I take a positive from that that 133k sold in close succession didn't seem to knock the bid back at all. On other days I'm sure they'd have no qualms about hammering us.
Same here, I've still got my Acorn Electron, boxed with outer sleeve, in my cellar - can't bear to part with it. I got it for Christmas in about 1983. I keep hoping to find they're going for a fortune on eBay. They're not.
What a superb interview with two relaxed, supremely confident people. Fortune and Mikhail really do articulate themselves very well and inspire a huge amount of confidence don't they.
There's absolutely no doubt in my mind that Bushveld will be massive.
Around twenty minutes in it hit me that the company that I invested in six years ago with so many ambitions that seemed very distant is now the market leader, the experts in their field, and crucially with the revenue behind them.
As clichéd as they can be, bulletin boards do love a good Warren Buffet quote don't they.
"If a business does well, the stock eventually follows."
To damn right it will.
These were his comments after Fortune's last interview back in May: "Fortune is one of the smartest guys we have interviewed for sure. Quietly assured and looking ahead, whilst building a company in what other see is a difficult commodity. We like Bushveld."
Very much looking forward to hearing what F and M have to say today.
For the last 20 mins IG have been quoting me 0.1 of a pence below in the indicated ask of 23.6 for up to a whopping 1000 shares. If I dare to ask for even one extra share then the price rises by 0.7 of a pence.*
(*no live prices were quoted in the making of this post)
Well done to everyone who's taken the trouble to email their complaint - I've also just emailed them. 30 complaints about the same company on the same morning will probably scream out as being the collective action of a bulletin board, but sod it, it might grab their attention and it beats sitting here doing nothing while we continue to be pickpocketed by a bent market.