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OK that's convinced me to sell

Sorry guys but I'm really not comfortable about a nationalisation risk, and obvs the Mexican govt will not compensate us.

Best of luck to you all, and I will look to reinvest if this threat disappears!

Looks like we are heading for a No Deal Brexit and it's going to be a complete car crash. I'm dreading it.

Bushveld will not be impacting at all as a company, however - if the entire market goes down - Bushveld's share price may be impacted temporarily.

But maybe not because we'll be so close to the Eskom news this may rise upwards like a salmon upstream!

Ahh I really like that analogy!

Threeputt, I bought in 11 days ago in anticipation of the news, but honestly thought the big rise would be today, so I genuinely am surprised at the sell off considering how good the results are.

Have reluctantly sold most my holding @ 396p with a view to buying back in tomorrow / early next week once the dust has settled.

Still believe this is worth 500p+

very cheeky

H1 Rev of £230m - 126% up
H1 Profit before Tax of £141m - 369% up
H1 EPS of 38.3p - 303% up
H1 dividend of 9.2p - 223% up ... and there'll be even more to come in H2. Should work out as a yield of 4%+ for the year.

To put these numbers into perspective, these Half Year Profits and EPS are considerably higher than the 2019 Full Year figures!

Also, looking ahead, they have said the following, which shows they're already dead confident for the year will be 30% up YoY. And actually, after these H1 results, I believe they have been very conservative in saying they expect £140m more in revenue for the rest of this financial year. It should be much higher than that. £400-450m would be my guess.

"Outlook

Following the strong performance in H1 2021, a strong start to H2 2021, and encouraging signs regarding the longevity of recently on-boarded clients, the Board is confident that net operating income for the year will be in excess of £370 million while H2 2021 operating costs (excluding variable remuneration) are likely to be similar to H1 2020.

The Group continues to invest in technology and people in both the existing CFD and stockbroking businesses, as well as in other market segments, which could present great opportunities to deliver further value for shareholders over the long term. "

Still very undervalued at 400p I believe. Should be 500p+

DYOR but this is still a superb mix of growth, value, income, and momentum. : )

Are you seriously referring to yourself in third person? Who even are you? Hahaa you wally

I completely disagree, I believe this is the start of a big re-rate, not the end of it. Just look at the charts and the quality of the results tomorrow.

Had a nice 5:1 buy:sell ratio so far today.

Small volume but the fact we’re rising off such small volume is actually very welcome news.

3 buys per 1 sell so naturally it’s ticking up further and is now 39p once more.

Can we make a 40p close?

We were 36.5p earlier and now we’re north of 38p once more :)

So, having initially bought at 342p, I’ve decided to top up @ 368p.

The fundamentals are there, and this’ll become much clearer tomorrow.

Also, from a technical perspective, it’s significant that the share price has broken out of the 300-360 trading range it’s been in for months.

Such breakouts can be really quite powerful.

Really looking forward to tomorrow :) GLA

And naturally most the newspapers including the FT have made this their front page story.

https://www.bbc.co.uk/news/blogs-the-papers-54981958

This dovetails nicely with the Biden presidential win and what we’re expecting to see in the USA; the EU green energy stimulus package we’ve seen this year; and so much more. It’s further evidence that the sector consisting of Electric Vehicles and lithium miners (who provide the lithium that makes the batteries for all these EVs) is going to explode in the years ahead.

BCN is by no means the only way to get exposure to this sector of course, but it clearly has to be one of the best individual shares to buy into for a long term, where the upside in 3 years time is simply mind-blowing.

DYOR of course but all this major newspaper coverage today has put a smile on my face, and goes to show this is a sector that simply should not be ignored.

Completely agree with Alfacomp here.

The electrolyte plant being built in the same country as where these BESSs is clearly going to be seen as positive.

Even if we were to put the electrolyte to one side, it’s clear that Bushveld will won a proportion of the 7 projects that make up “Phase 1.”

So I remain as bullish as ever; and - with only 2 months until the Eskom news - I’m feeling very excited.

Yes, I think this is on the expectation Biden will do something fairly great once he's finally in the Oval Office.

john, thanks for your reply. I agree that the UK are minnows in the grand scheme of things, but the significance of the announcement is that it will draw much more attention to EVs and lithium from UK investor publications, and ultimately should encourage more newbies like myself to look into the share with a view to buying in. All of which should help the share price appreciate in value.

Also thank you to all those who posted last night and corrected me in what I said. I did not mean to ramp, I genuinely was under the impression BCN had all the money needed, but perhaps I was mixing up the USD/GBP currencies. Thanks for setting me straight.

With Stage 1 having such a huge NPV that dwarfs the current market cap, I remain incredibly bullish here.

gambit,

I completely agree. In fact I believe we shall see double that high.

Well I saw a decent 25k Buy at the open this morning which starts off nicely.

Could also see there were 400k of sells yesterday that were posted after hours, which would explain why the share price was being held back at 39p yesterday afternoon.

Believe we will see 40p+ today.

The Govt are expected to announce their ban on petrol & diesel cars will be brought forward to 2030 tomorrow.

I'm then expecting some articles in the Investors Chronicle and the like tipping this as a superb way of having EV lithium exposure.

So, with not many shares in circulation it seems, I feel we could see 50p+ by this time next week.

DYOR & GLA :)

What have we got to look forward to?

Should point out that I'm happy to wait because Genfeng have described the Sonora lithium project as being "world class" (which says it all really), and now there's a clear path to production without any fundraising needed, just curious to see what updates we're expecting in the coming few months.

should give us all tons of confidence that our best days are ahead of us, and that this moderna-linked dip is nothing other than a buying opportunity!

We shall be 50%+ up by month end I reckon

I bought a second tranche at 39p a moment ago so it's ticking up rather fast actually.

40p+ finish today I reckon.