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Also should point out that, for the 1st time ever, I copied Fortune into my email, so that I know for certain that he has seen what I said.

A copy of the email can be found on the Telegram group if you wish to view it and, if you wish, to send it yourself to Chika as a show of your support of all the points mentioned, or if you feel I missed anything (although I doubt I have because I purposefully took a few days to write it in order to make it as comprehensive as possible!)

As Sanchez said, the company could be busy beavering away behind the scenes to give us all our Christmases at once next week for all we know. So let's remain positive. I just needed to vent and - as I've always said - I feel it's counter-productive to do so here, and makes much more sense to do this over emails to the company instead.

Onwards and upwards : )

Covering 15 different points. It was an email written in a sharp tone to grab their attention so I won't share it here as I don't want to dampen sentiment in any way. But I will certainly be sharing any response I get.

All 15 points were about various aspects of comms and potential easy wins (LSE Green Mark, asking Reuters / Refinitiv to change BMN from "Uranium" to "Renewable Energy" / set up a "Vanadium category, etc).

Despite this email, and for the avoidance of doubt, I have complete faith in the BOD and the company. I still believe we will see 100p+ this year.

There's currently a monstrous valuation gap between Bushveld's stockmarket valuation and inherent valuation. It's perhaps never been as wide as it is now. But that will change. The re-rate is coming. I have no doubt about it.

I just emailed because the company are doing amazing things but failing to communicate that properly to the outside world, and I'm desperate for that to change, because we actually have so much to shout about.

How often can you find a company that's a mix of Value (CRAZY VALUE), huge growth (both in terms of production, rising V prices, and all the non-mining activities), with such huge prospects in the imminent future?

That's super rare. BMN is the only share I know of that has such massive ticks in all 3 boxes like that. Yet why am I the one having to tell you lot this ? It should be coming from the company !

- Ridiculously low market valuation at present vs any analysis of Fair Value. Let’s not forget annualised production has already increased almost 40% since the start of the year, and is due to increase so much more over the next year. On this basis alone, ignoring all the exciting non-mining/Green operations, we should be at 40p+ already.

- Green Stock as well as an excellent mining stock. Not widely perceived to be Green yet but this will change suddenly when the Eskom news lands.

- 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 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.

- Invinity news (because it's very clear they're picking up lots of work and we have the option to supply the vanadium for all these VRFB projects)

- 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/

- 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

- Eskom BESS Tender News

- Vanadium commodity prices to rise above the psychologically significant $40kgV mark very v soon

- And let's not forget how the BOD are actively promoting themselves to investment houses at the moment.

End of year target: 100p+

Trust all your research and remember that Big News is coming, and it'll then be like buses!

GLA : )

Malcolm, welcome to the bulletin board :) great to have you here

Good question but nothing to worry about. There was some substitution with niobium when the vanadium commodity price rose above $100kgV however it does not look like the Chinese state would allow it to happen again. As per page 11 of this report here.

http://www.bushveldminerals.com/wp-content/uploads/2020/12/Bushveld-Minerals-–-Innovative-financing-reignites-growth-drive_01122020-3.pdf

Hope this helps :)

Vantage, Well done for buying today when the RSI is so crazy low at such a bargain price - that's going to look like an excellent move between now and Easter.

Roskill talking of "the expected tightening of the vanadium market" is a very positive sign of further Vanadium commodity prices to come!

Reckon we shall see a further 20% rise in V commodity prices within the next month

Those 2 trades at 16.50p are unusually large and also an odd number. So I wonder if that is a seller finishing up. If that's the case we've done remarkably well to only fall 2% today, even though 90% of the trades were blue, including some chunk 1m and 800k buys.

Sanchez - this would be absolutely incredible, and I believe this is entirely possible. I would also say it's possible Lemur is disposed of and we re-brand at roughly the same time too. And possibly also list on the JSE and/or move to the Main Market. That truly would be all of our Christmasses coming at once !

"There is now potentially opportunity for a Q2 convergence of the seller finishing, Vametco Q1 upgrades, electrolyte plant construction news, increased production capacity and Eskom news."

Alright, Pdub, sorry matey for being a little mischievous. Just wanted to give my honest opinion on the disgraceful actions of the FAR CEO but got sucked in too easily, so won't bother posting there again!

Gone through at 17.0p - what a crazy bargain price that is !!

Said on the Telegram group that it kept being NT to buy (like others have said here) so he had to ring up to make the purchase.

Well done to him!

*posting on their bb

and apologies in advance to the regulars here for posting a couple of home truths about the CEO of a vanadium share I won't name here but it's fallen 40% since Friday (no prizes for guessing right!), because it means we may end up with troll or two coming over here.

RSI now sits at just 34 out of 100.

Anything 30 and below is crazy oversold from a charting perspective.

Last time we reached this sort of level was on 18th February when the share price fell to 16.7p and the RSI sank to 31 ... and then we quickly bounced back up to 19p.

Same is going to happen here from the looks of it !

https://www.londonstockexchange.com/stock/BMN/bushveld-minerals-limited/company-page?lang=en

"Nearly strangled it to death" - sounds about right but it'll come to a close soon enough and then we'll massively re-rate. It's happened multiple times before, most recently on the back of Golden Summit finishing up.

As I said the other day, we got truly unlucky one of our IIs got bought by Baillie Gifford who then decided to stamp their mark on it with a strategy which unfortunately meant all 13,000,000 of their shares were sold for no good reason (other than us not having a dividend - but of course we don't when we're still growing!)

The big re-rate is on the way !

Yeah I'm convinced the tax year coming to a close soon is impacting the whole market at the moment, with people selling to crystallise gains in the 2020/21 tax year, and people holding off from reinvesting until the new tax year.

Same could apply here because this time a year ago the share price was 9.0p so we're currently 90%+ up on where we are then.

Only a week or so to go until the new tax year when I expect there to be a boost (here and across the market tbh)

Read pages 10-12 about Vanadium as a commodity.

Know this is a Bushie research note but this is completely relevant to FAR as well.

http://www.bushveldminerals.com/wp-content/uploads/2020/12/Bushveld-Minerals-%E2%80%93-Innovative-financing-reignites-growth-drive_01122020-3.pdf

There's been a misunderstanding.

When I said the consensus view is that they will rise much higher to $45kgV at the bare minimum this year, I did not mean (nor did I say) that it would be entirely because of VRFB adoption. I know it will mostly be due to traditional sources of vanadium demand due to the world economy recovering and also due to govt stimulus packages around the world boosting infrastructure and construction.

There is a large structural deficit for vanadium as a metal in the short-to-medium term, and there are not enough of the substitute metals available to act as a substitute either in the coming months.

So the prospects for vanadium are incredibly strong in the next few months and especially in the next couple of years.

The 200 day EMA is about 16.4p at the moment so we're not far from it.

Also the RSI is about 35 - so well into Oversold territory as well ( bit like mid- February)

So yes I'd agree it does look like we're due a bounce very soon from a technical perspective.

The fundamental investment case is much MUCH stronger though of course

You may have gotten older since I last came across your name but you're clearly not any wiser .

The adoption of Vanadium Flow Battery technology is picking up speed because it is becoming increasingly obvious that it is the superior technology when it comes to large scale energy storage. China were an early adopter of VRFBs. Now we're seeing Japan, Korea, Australia, Saudi Arabia, South Africa, and many others commit to using VRFBs for large scale energy storage purposes. The USA is now finally starting to catch on too (there's VRFBs in California being built already) and look like they're going to really catch up now that the Democrats have taken the Presidency, the Senate, and Congress for the first time in a decade.

Also it's obvious to see that vanadium commodity prices are rising, the consensus view is that they will rise much higher to $45kgV at the bare minimum THIS YEAR, and I reckon they will continue to rise further still.

All of which will massively benefit the primary vanadium producers such as Largo and Bushveld. The latter of whom increased production by 700 tonnes last year, should do the same again this year, and will reach an annualised rate of 6,000 tonnes/year by 2022.

If you fail to see all of the above, then why on earth are you even invested here, Older and "wiser"?

- Ridiculously low market valuation at present vs any analysis of Fair Value. Let’s not forget annualised production has already increased almost 40% since the start of the year, and is due to increase so much more over the next year. On this basis alone, ignoring all the exciting non-mining/Green operations, we should be at 40p+ already.

- Green Stock as well as an excellent mining stock. Not widely perceived to be Green yet but this will change suddenly when the Eskom news lands.

- 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 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.

- Invinity news (because it's very clear they're picking up lots of work and we have the option to supply the vanadium for all these VRFB projects)

- 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/

- 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

- Eskom BESS Tender News

- Vanadium commodity prices to rise above the psychologically significant $40kgV mark very v soon

- And let's not forget how the BOD are actively promoting themselves to investment houses at the moment.

End of year target: 100p+

Trust all your research and remember that Big News is coming, and it'll then be like buses!

GLA : )

The actions of the CEO is pretty disgraceful to be honest, ramping up the stock 50-51 weeks into a self-imposed 52 weeks lock-in period came to an end, before announcing a "placing" which was basically just a massive sell where the money made from the shares sold went straight into his own pocket, and not into the company like you would expect of other placings.

That in itself is a major red flag. Additionally this looks incredibly overvalued for what it is and vs its peers in the vanadium industry.

If you want to be invested in vanadium as a commodity because you believe it is going to soar in value this year (like I do), and if you believe Vanadium Flow Batteries are the future, then there are much better vanadium shares out there - namely Largo, AMG, and Bushveld.

DYOR, Good luck all, and sorry for those of you who have been sucked in by the actions of FAR's despicable CEO.