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Completely agree Paul. Let's move onto what matters - our beautiful Bushveld.

Hope you and Su are keeping well buddy : )

Yeah, my holding has never been larger either, it's always been my largest holding since buying in 7 years ago, and it's actually always been one of my most successful too (it's taken longer than expected but nevertheless I'm significantly in profit).

And I intend to continue to grow my holding whilst we still can at these sorts of bargain prices.

Because in a relatively short amount of time the Eskom news will land, and the share price will never be the same again (in an amazing way of course!)

* hump (not jump)!

Bloody autocorrect

Also should point I haven’t sold a single share ever, inclusive of this week. Instead I honestly have topped up a lot (across 5 smallish chunks), the last one being at 14.11p yesterday afternoon, because I truly believe this is our time to finally break through 15p.

15p is obviously not a ceiling, it’s merely a jump to get over, and then there’s a clear easy path to 20p and above. If we are self-defeatist in mentality, it will be a self-fulfilling prophecy that we can’t breach through. And that’s nonsense of course, especially now that Golden Summit are almost out the picture.

As someone said the other day this is just like October 2013 when Obtala offloaded millions of shares and caused the share price to fall to a level it should never have reached. And, rightly so, we all saw that as a major buying opportunity and had the self-belief this would rise dramatically... which then saw a 100%+ rise in November 2013.

And I believe history is going to repeat itself this year. This re-rate is well overdue. And this rise is different to the ones earlier in the year when GS still had tens of millions of shares to sell because they’re running on fumes now.

All IMHO. Ignore me if you want.

Hahaha

That’s cracked me up and actually disappointed me as well because I don’t want to be like RichKen at all.

Being completely honest, I deliberately made my posts a bit more rampy this week and especially as we got close to that 15p resistance point because I felt some serious drum-banging was needed to get us over the hump (so to speak). And, as wonderful as Alfa, pdub, faramog, etc all are as contributors to the board, I knew they wouldn’t be doing that. Also I was still being honest, I’ve always believed we’re worth 100+, I have said that for for years already. I just wouldn’t ever say **** like “hold for gold” ordinarily but it appears to work elsewhere.

Alas, it evidently didn’t quite work here, and this unfortunate comparison has made me believe I should go back to normal.

I’m not going to say sorry because it was honest ramping, I truly do love this share.

Also, for the record, whilst I didn’t post on LSE for years between 2014 and 2020, I always held onto my Bushveld holding. I admittedly did go through a period of major doubt when we were drifting slowly from 2p down to 1p, but I honestly never sold, and I’m very glad I didn’t. On the other hand it meant my entire holding was intact for when we rose to almost 50p, and I still didn’t sell, because I honestly believes we were worth much more. In hindsight I should’ve de-risked my investment but you live and you learn.

Hope this clears things up!

Must say I'm very encouraged by how this has only fallen 6.9% after a 38% rise from 10.55p to 14.6p at yesterday's close.

Seeing as we've flushed out the day traders, and perhaps had some GS background sells too, that's not much of a fall back at all.

15th Oct close - 10.9p
16th Oct close - 11.3p
19th Oct close - 12.6p
20th Oct close - 13.5p
21st Oct close - 14.6p
22nd Oct close - 13.7p
23rd Oct close - 15p ?

News either "November or December 2020" - that's actually sooner than I thought!

Imagine if the Q3 update shows production has continued to increase nicely, strong electrolyte plant progress, strong vanadium rental progress, strong progress via Invinity's contracts

... and then in the same month we get the Eskom news!!

Historically November has always been a really strong month for BMN, having multi-bagged in November twice in the past few years.

So why on earth would you do anything other than buy & hold in late October?

It will not be officially announced for a couple of months, but I feel we will get subtle legally-okay hints from Fortune about it.

He's already hinted at this in his recent interview with a smile when he mentioned Eskom.

He also said that all these opportunities are coming in "at the perfect time."

Obviously not everyone has seen the interview yet, but the message will get out there over time, as he does more interviews, and many more people watch them :)

Bump of one of Lionel's great summary posts : )

Q17. What are BMN's anticipated short-term future developments?

A. These INCLUDE:

* Increased production, at Vametco, Vanchem, and Mokopane [which we will hear more about with the Q3 Update in early November)

* VRFB commissioning and contracts, including the ongoing Eskom tender

* Progress with their own battery (vanadium) electrolyte plant in South Africa

* JSE joint listing, ongoing

* prospects of moving from AIM to the main market

I would also add:

* Progress with the vanadium rental business which, in itself, is going to be massive! As per BBN's recent twitter postings.

14p to buy still. That's pretty much the same price as what I paid a few mins ago, and still an absolute bargain, so I'm chilled.

No it's still 14p for me

Number of shares sold has suddenly jumped up, so I reckon there's a background sell that's yet to appear.

The key thing is that they're almost out of shares to sell. This background sell may well be their last.

Once Golden Summit are completely out, there will be nothing but buy pressure. And breakouts after a long downtrend tend to be incredibly powerful.

I just went for a 5th top-up this week @ 14.11p

Absolute bargain!

Completely agree Pdub.

That was what I was getting when I said "trust your research." It was a message to say 'don't let your decision-making or feelings about your investment change depending on what the share price is doing at that particular moment.'

The fundamentals here and the expected newsflow could not be better. The entity who has held this back most of the year are almost out of shares to sell. That's what people should be focusing on.

There has been over 70M of shares traded this week already. 10m+ of those have been Golden Summit. But the overwhelming majority of the remaining 60m have been buys!

Monday - 20.5m
Tuesday - 19.6m
Wednesday - 23.5m
Thursday - 8m - so far

There does seem to be more hesitancy today, especially with the day traders taking their small % profits, but there certainly doesn't seem to be any desire to sell at 14p or less either, which take to be a very positive sign.

The selling appears to have dried up, so I feel it won't take many more million shares bought for this to be testing 15p resistance once again.

We're getting there : )

Bump - please keep chilled you lot

I'm being offered 14.37p to buy now.

Still 14.3p to buy...

"Our top pics are:
o Vanadium (for hardening steel): Bushveld Minerals"

For hardening steel ??? Is that all they're going to mention??

Do they not realise how vanadium is vital to the green energy revolution!

Here we go, we relaxed, the sells stopped, the buys are now coming through, and now we're back on the rise again : )

Well done all for holding your nerve - you will not regret it