Quick Recap - Strong Buy27 Jan 2021 08:46
- Investors Chronicle, Financial Times , Myles McNulty, BBN, Michael Taylor, and others have all tipped BMN in recent weeks.
- 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!)
- 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 everything else, we should be at 30-40p already.
- Vanadium prices have risen massively in recent weeks, and are expected to reach $405gV at the bare minimum this year
- Green Stock as well as an excellent mining stock. We're in the shaded bit of the Venn Diagram between Miners and Green Energy - both of which are in fashion right now.
- We're on the cusp of period of excellent newsflow over the next few weeks - see below !
- The market is finally starting to cotton on, but there’s so much more to go from here.
For newbies, please read Lionel's Summary here: https://www.thebushveldperspective.com/blog/public-articles-1/post/lionels-big-picture-428
Upcoming News:
- Production & Sales News for Q4 and 2020 Full Year - This is imminent
- 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/)
- 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 Progress Update (completion of Engineering and Procurement phases)
- Electrolyte Plant Construction phase start - could be separate RNS in itself
- Electrolyte Rental company news?
- JSE Listing News?
- Possible rebrand?
- Eskom BESS Tender News - This could arrive any day now and will cause the share price to rocket!
GLA & Trust all your research