Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Lovely research, Floyd, as usual
And let's not forget Australia's very dry very hot climate each summer that make wildfires (or as they call them "bushfires") sadly much too frequent means they will be biased against using any batteries that has the potential to start a wildfire. i.e. they will be biased towards vanadium over lithium any day of the week.
All of which bodes very well for continued growth of VRFB demand : )
100% agree. Stop losses should never be used on AIM.
I have a friend who had a stop loss on Novacyt that meant he sold all his shares at the very lowest point of recent months, and then had to buy them back at a considerably higher price the next day. Safe to say he no longer uses stop losses.
Just want to post a message to those feeling anxious to say that you should try stay cool, calm, and collected, and ultimately trust the hours of research you've put in.
We all know that Bushveld's inherent value is worth a MULTIPLE of where we are at present.
We all know that Vanadium production is growing very fast, with plans to accelerate that growth even faster well under way.
We all know Vanadium prices have risen 30% in recent months, and should rise another 30% in the months ahead.
Higher production x much higher vanadium prices = Amazing profits from vanadium sales alone.
BMN's best days are ahead of it.
So hold on tight and load up whilst you can because this is the bargain of the century right now.
If I could rate this a CONVICTION BUY right now I would.
GLA
Great find, Sanchez, thanks for sharing. Looks very exciting!
"The roundtable will coincide with the Virtual Investment Programme (launching 30-31 March), a two-day programme of highly targeted and optimised investment meetings and world-leading content exclusive for the global mining finance community as well as junior and mid-tier mining companies."
- Ridiculously low market valuation at present vs any analysis of Fair Value, which is a multiple of where we are now.
- Green Stock as well as an excellent mining stock. Not widely perceived to be Green yet but this will change very soon.
- Investors Chronicle, Financial Times, Myles McNulty, and many others have all tipped BMN at the start of the year.
- Out of hundreds of companies, Stockopedia came up with their Top 20 tips for 2021, and BMN came 3rd (and will do better than the two above it!)
- Vanadium prices have risen massively in recent weeks, and are expected to reach $45gV at the bare minimum this year, and BMN's share price always seem to track the commodity price sooner or later! (there's a huge gap at present!)
- Vanadium prices are now rising so fast I believe we will see $45kgV in April
For newbies, please read Lionel's Summary here: https://www.thebushveldperspective.com/blog/public-articles-1/post/lionels-big-picture-428
Upcoming Newsflow:
- Vametco Phase III expansion project news (using Orion Funding)
- Vanchem Phase I refurbishment news (using Orion Funding)
- Enerox & Invinity news - MoU with AVL (https://themarketherald.com.au/australian-vanadium-asxavl-up-15-pc-after-deal-with-enerox-2020-09-09/). Which obviously suggests the company is expecting us to be involved with the goliath Eskom BESS contracts.
- Electrolyte Plant Construction phase start in Q1. This was pencilled in to start on 22 Feb so truly is imminent, and this may get a separate RNS in itself. For proof: Check the tender docs on the ELIDZ tender website https://www.elidz.co.za/tenders/
- Electrolyte Rental Contract news.
- Eskom BESS Tender News
- More energy storage contracts being announced now that things have opened up in S Africa.
- Vanadium commodity prices to rise above the psychologically significant $40kgV mark very v soon
- JSE Listing News and/or Main Market News. This clearly will happen - just watch this video interview with the CEO at 33 mins in for Fortune's comments on this topic - https://youtu.be/AX_WdScGDVw
Big News is coming, with 8+ share price catalysts on the way, which may actually all come in rapid succession! (which would explain the lack of news in recent months)
Target: 100p+
GLA : )
Excellent message, Sanchez. Fully endorse everything you say.
Also agree with Delano. Poor communication does ruin sentiment, and that can lead to some people moving on. One could argue that these are the "weaker hands" but empires are built with all sorts of hands. The more the merrier.
Hence why I have sent this email to Chika and copied in Fortune yesterday. Because, whilst I have defended their comms to some extent, their communication overall is inexplicably lacking when there's such a good story to tell, and so exciting strands to that story.
For prospective investors, there's so much to get their heads around. We obviously do the best we can to assist. There's the Bushveld Perspective website, there's LionelGreen's summary, there's all of us on here trying to get the word out, there's the likes of BBN, Setcentric, etc doing an excellent job on Twitter ... but hearing it from the horse's mouth has the potential to be way more effective than all of our admirable efforts combined.
And that's why the company need to drastically improve their RNS comms strategy and improve their non-RNS communications in a whole variety of ways around those RNSs to help close that huge gap between the inherent value of BMN and its actual share price. A gap that has grown significantly due to the sheer lack of comms in the last couple of months.
So yeah Delano is right as well, so I welcome his comment. Although, having said that, I'd urge people not to clog up the bb with negativity and instead email the company with their thoughts instead. Because ultimately I do believe this bb needs to remain at least slightly positive for the prospective investors to delve deeper. Why am so focused on the "weak hands" and the prospective investors? Because they massively outnumber the hundreds of us LTHs who have been with the company through thick and thin. Who are so incredibly bullish already we can keep our hands like diamonds no matter what - as proven by how we all saw our investment fall by more than half this time last year, and we not only stuck around, we all loaded up whilst we could at such bargain prices. As I know we're still doing now and next week too.
So yeah let’s email the company about the poor communications in recent months if we wish to do so rather than air it all here and let it distract from what’s the most wonderful investment case. And, with some help from the company, those weak hands will get stronger and those prospective investors will soon join our ranks!
Fortune will deliver for us like he has repeatedly over the years. I trust him 100%. And I look forward to all the exciting next steps. As detailed before, there's 8+ share price catalysts that will cause the share price to rocket in the immediate term, any one of them could be announced at any time over the next week or two, and potentially ALL of them could be announced in rapid succession to lead us to 100p+
Stay positive & have a great weekend
Yeah well done all for keeping your hands like diamonds and taking full advantage of the dip we saw today.
Overall we fell 6% / 1.1p this week and, whilst disappointing, the whole market appears to be down this week, and we did have a crazy amount of sells yesterday, so - all things considered - we fared fairly well.
Our time is coming. Have a good weekend all :)
The RSI has now fallen UNDER 30, indicating that this is incredibly oversold from a charting perspective
Last time the charting and fundamentals aligned we had lift off in December. Same happening again here?
CHoS,
There's good reasons to believe one of the many sp catalysts could land any day now but, alas, none have landed yet.
Instead there's been loads of sells (did anyone see what was posted after hours yesterday?) so yeah I called it wrong.
However the multiple sp catalysts are going to land very soon. I'm confident of it.
And actually the extent of the selling these past 2 days especially suggests that the seller is close to running out, and maybe that's what the BoD have been waiting for.
james, if it makes you feel any better, my last few top ups haven't been very well timed either, but I genuinely believe we'll see ATHs in the coming months, and 19p is a bloody bargain!
So sub 17p is an even bigger bargain!
Definitely a tree shake
Even if there's some selling there's no justification for £6m (0.5p) being wiped off the MC (sp) in a blink of an eye like that. They're massively taking advantage.
If people hold their nerve, don't sell, let the moment pass, and then buy the dip we'll head back up to 17p by the close.
Diamond hands you lot