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> IMMINENT RNS - End of unsupported strike and 100% of employees back to work

> GREEN ENERGY RNSs/Calalysts:

> Enerox:
- Completion of further $2.5m of investment RNS
- Enerox supplying the VRFB in the world's first VRFB-powered ship - this should be RNS'd.
- Who knows what else but they clearly have other contracts on the go and in the pipeline from Thursday's RNS.

> Bushveld Electrolyte Limited ("BELCO")
- Electrolyte Plant Procurement stage completion.
- Electrolyte Plant Construction stage starting.
- Vanadium Electrolyte Rental Ltd ("VERL") rental contracts announced after the success with Pivot Power last year.

> Grid Battery Energy Stoage
- Eskom BESS tenders. There's 7 projects in "Phase 1"
- Other BESS contracts in South Africa now things have opened up
- "Other African projects such as the World Bank's 17.5 GWh energy storage roll-out programme" - as mentioned in the Corporate presentation here http://www.bushveldminerals.com/wp-content/uploads/2021/03/Bushveld-Minerals-February-Corporate-Presentation.pdf

MINING RNSs:
- Vametco Expansion this year
- Vanchem Expansion this year
- Production rising by another 700 tonnes of vanadium, despite the downtime associated with boosting Vametco & Vanchem's capabilities.
- The Mokopane DFS. Feel this one has slipped under the radar but this should be transformational because Mokopane has 298,000,000 tonnes of vanadium in the ground. This could be a game-changer!

OTHER RNSs / Catalysts:

- Move to FTSE Main Market
- Dual lising on the Johannesburg Stock Exchange (JSE)
- Disposal of Lemur
- Rebrand to a Green Energy stock

> EXTERNAL Catalysts: (as in outside of Bushveld's control)
- FerroVanadium commodity prices continuing to rise and breaking the psychologically significant $40kgV mark. This will definitely happen. The worldwide consensus is that we will reach $45-50kgV in 2021, and I actually believe we may be just weeks away from that.

Please read Lionel's Summary here to kick off your research:
https://www.thebushveldperspective.com/blog/public-articles-1/post/lionels-big-picture-428

> Incredibly incredibly bargain market valuation at present versus any analysis of Fair Value - which is a multiple of where we are now. This has been exacerbated by the recent RNS of a minority of Bushveld's 700+ employees going on an unsupported strike. Reports from the frontline suggest those individuals involved are already flaking away and returning to work so I wouldn't worry about this. South Africa is about as strike-prone as France.

> Not only is this looking super strong based on the fundamentals, it is looking strong on a technical / charting basis as well. With both Noel Borg, Bonker99, and now Swazers Charts all posting on twitter in the past 2-3 trading days that they expect a rise to 24-25p based on their chart analysis alone (even without any news!)
https://mobile.twitter.com/Vanadium_Libero/status/1379499736105910272

> Excellent mining stock and increasingly will be seen as a GREEN stock

- Not widely perceived to be a Green Stock but this will change now that BMN have now realised their ambitions to become a fully integrated vanadium producer because they have captured every part of the supply chain, with 100% of the vanadium; 55% of the electrolyte that will be produced from the production plant; and 25.5% of the VRFBs produced by the best VRFB Manufacturer (Enerox). This will cause us to multiple-bag on this aspect alone. Just look at Ganfeng's P/E ratio!

> Very favourable coverage in the investment media.
- 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 I believe)

> 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 the next 4-5 weeks

Target price for 2021 : 100p+

Tons of Newsflow in the pipeline. Please go on my profile to see the full list of RNSs / Catalysts that we're expecting to help us reach that 100p+ share price target.

DYOR & GLA : )

These deramper types are like vultures. They only appear at times like this, hoping for some scraps off of any share they find at a low point. Ignore them.

beginerman,

I truly believe 20p is an incredible bargain price in my honest opinion. I topped up at 21p around that time for that very reason.

So yes I think this 15p price now is just plain bonkers to be honest with you.

At the end of the day, everyone is responsible for doing their own research, and making their own decisions. But I stand by what I said. My Fair Valuation of the company has not changed. In fact it has risen higher in recent months. And I'm hugely encouraged by the latest email reply I got from the company showing that they're looking to rebrand as a Green Stock and this alone will unlock a completely different valuation in itself.

As always DYOR but I say what I believe - that this is the opportunity of a lifetime right here!

There's been more buys than sells all week so I cannot believe this share price drop is genuine. Reckon the MMs want as many shares for the next rise up to 20p+ (like last time they dropped us below 15p on the way up to 20-25p!)

This news has come from someone who is friends with various people who work on the Bushveld site

So, in case it was not obvious, I'm saying this is a superb buying opportunity, and easily the dumbest times to sell, when there's so many clear signs of a end-of-strike RNS any day now.

BMN could easily have chosen to not RNS this illegal strike and instead tell us in 2.5 weeks' time in the Q1 Update that there was one small strike that was incredibly short-lived. Because this would be in line with what they've often done with very positive news that I would consider immediately RNS -worthy. This would also be in line with what they did in late 2020 when the bad weather forced the site to shut down for a few days.

In this sense the comms is frustrating. Why sit on good news for weeks but release mildly negative news immediately? Well I believe it's because the BOD are fully confident of resolving this situation incredibly fast (certainly before the Q1 update in 2.5 weeks), and therefore view this as a way to flush out weak hands and then give us the sort of share price boost it gave us back in September 2018 when they released this RNS.

https://www.lse.co.uk/rns/BMN/resolution-of-unprotected-industrial-action-sap49nqteyooz2g.html

There's reports from those who work on the Bushveld site that the strike (which was never supported by the union) is already losing support amongst the individuals initially involved in it.

https://mobile.twitter.com/Vanadium_Libero/status/1384510617587945474

*Vanadium price rises (not sure what happened there on my phone!)

https://mobile.twitter.com/Vanadium_Libero/status/1384761340061966342

MonkeyTom, I completely disagree with you, but bravo for commenting when you have to try avoid damaging sentiment.

I genuinely believe we've had a string of bad luck which is largely out of FM's control. This arguably started with coronavirus 13 months ago. This not only had an impact on production but much of BE's activities. We've since had the Eskom BESS tenders announced but then delayed (not his fault). We've had some IIs sell for innocent reasons (such as Keystone IT selling due to being bought out and therefore having a change of strategy). We've now just had some workers go on strike against the advice of the union (again out of FM's control). If it was not for these events alone, we would be at a much higher share price to where we are now of course.

The comms is far from ideal (I agree there) but there's clear signs of improvement in recent weeks and some things evidently cannot be communicated because they're linked to the Eskom BESS tenders for example.

So, after all of FM's demonstrable strategic genius & negotiation of excellent deals over the years, I remain incredibly confident in his abilities. He's often multiple chess moves ahead of everyone else and I've no doubt that's the same here.

He really just needs to improve on the comms (not sitting on positive news to announce it in the Quarterly Updates being the main thing) and there'll be nothing to fault him on really IMHO.

Hope that helps but understand some will disagree.

Have a good night and GLA

Yes it's 15p to buy at the minute but got a NT when I tried 100k earlier.

Feel this is being kept at this level for some reason but should recover by the close.

fizzy, read through my post history and you'll see I've only responded to this on Friday when I said:

"For the avoidance of doubt, Chika has not given me any confidential information of any sort. I’ve been saying I believe that we’ll have a Monday morning RNS since about mid-afternoon. I then received an email from Chika at 17:33. So the two things are completely separate. And Chika’s long email covered various topics. Some of it was really not note-worthy. But a couple of things she said was hugely encouraging, at least from my point of view!"

However I would take this opportunity to say that I remain super optimistic that there will be a RNS dedicated to the Vanadium Electrolyte Production Plant imminently, as per my post below which I sent Friday afternoon BEFORE Chika replied to me.

"We have discovered today that BMN has been material progress made with the Building of the Vanadium Electrolyte Production Facility.

How do we know this? Because pb940 has discovered this link here online confirming there was an update made in the past 24 hours: https://www.l2b.co.za/Project/Vanadium-Electrolyte-Production-Facility-Buildin/22815

You have to pay to see the details (so none of us know what it says unfortunately) but we can see there's a material update as of 15 April. So we can realistically expect a dedicated RNS to be in the works as we speak!"

Ridiculously undervalued right now. I do not think the valuation gap has ever been as wide as it is right now.

And you can buy in for a price 2-3p cheaper than Gervais Williams's Premier Miton fund and other IIs bought in last month, before the inevitable RNS saying that those individual employees striking illegally is over, which will help send the share price upwards like it did last time around.

Zero downside. Huge upside. So I'm happy to load up at these levels : )

BBN - Superb post, as usual. Everyone must read that.

Also, raffym, I completely agree. The fact the strike is illegal shows that the individuals must have approached the union for support and the union have made a point of not supporting it.

This in itself also suggests the individuals involved are clearly in the minority, with the majority happy to continue working. Suggesting this strike will have significantly less impact per day than the one 2 years ago.

> GREEN ENERGY RNSs/Calalysts:

> Enerox:
- Completion of further $2.5m of investment RNS
- Enerox supplying the VRFB in the world's first VRFB-powered ship - this should be RNS'd.
- Who knows what else but they clearly have other contracts on the go and in the pipeline from Thursday's RNS.

> Bushveld Electrolyte Limited ("BELCO")
- Electrolyte Plant Procurement stage completion.
- Electrolyte Plant Construction stage starting.
- Vanadium Electrolyte Rental Ltd ("VERL") rental contracts announced after the success with Pivot Power last year.

> Grid Battery Energy Stoage
- Eskom BESS tenders. There's 7 projects in "Phase 1"
- Other BESS contracts in South Africa now things have opened up
- "Other African projects such as the World Bank's 17.5 GWh energy storage roll-out programme" - as mentioned in the Corporate presentation here http://www.bushveldminerals.com/wp-content/uploads/2021/03/Bushveld-Minerals-February-Corporate-Presentation.pdf

MINING RNSs:
- Vametco Expansion this year
- Vanchem Expansion this year
- Production rising by another 700 tonnes of vanadium, despite the downtime associated with boosting Vametco & Vanchem's capabilities.
- The Mokopane DFS. Feel this one has slipped under the radar but this should be transformational because Mokopane has 298,000,000 tonnes of vanadium in the ground. This could be a game-changer!

OTHER RNSs / Catalysts:

- Move to FTSE Main Market
- Dual lising on the Johannesburg Stock Exchange (JSE)
- Disposal of Lemur
- Rebrand to a Green Energy stock

> EXTERNAL Catalysts: (as in outside of Bushveld's control)
- FerroVanadium commodity prices continuing to rise and breaking the psychologically significant $40kgV mark. This will definitely happen. The worldwide consensus is that we will reach $45-50kgV in 2021, and I actually believe we may be just weeks away from that.

So there are easily dozen, if not two dozen, bits of news that will act as a catalyst to the share price for it to smash through the all time high of circa 50p, through to 100p.

And you can currently buy sub 20p - the most crazy bargain!

Exactly, Lindon.

Fundamentally nothing has changed since Friday last week. This does not affect the prospects of the company at all really.

The only thing it may mean is slightly lower production output for a couple of working days before the Company and the Union force the workers back or replaces the workers.

This is a such a short term bump in the road that this is a Huge buying opportunity. You'd be daft not to take advantage of it IMHO.

1) The strike is unprotected - as in it is not organised or authorised by the unions. This means these workers can be sacked without any response from the unions.

2) The entire workforce have been paid the whole time even when the mines were shut due to covid etc. They’re treated v well. So I doubt many people are involved in the strike in the first place.

3) Fortune & co have dealt with strikes before very quickly, and I’m sure this will be no different.

Also I don’t know how anyone can say Fortune & Co knew of this in advance when it started 1 working day ago and has already been RNS’d; and when this is unprotected industrial action presumably with no real representation!