Member Info for marc001

Which leads me to believe we may see an RNS on Monday morning, call it a gut feel. Let’s see if I’m right, feel free to condemn me if not.

Interesting these occur ahead of the investor call on Monday.

What is a sell/buy transfer?

What the doomsters on here dont seem to want to acknowledge is that whilst yes, China has driven the prices of V, going forward demand for steel will come from other developing countries like India.

I lol at the idea that just because China's taken a hit that global demand for V falls off a cliff, nah, sorry dont buy that.

Basically he needs to raise more cash, which he said wouldn't be necessary until next year earliest. Enough to keep lights on until V prices recover.

Likely they suspend ops while an equity raise is agreed. What other choice do they have?

SPR have loaned them a fair chunk already on non refundable terms, so I’m sure they have an interest in keeping the lights on. I can see an equity raise coming, more dilution sadly (and so does the market given the sell off). But hey ho, if it keeps the ship afloat so be it.

BMN will survive, everyone gets uber bearish during bear market lows - it's just what happens.

Personally, I've still got my 2.2m shares and will be adding another circa 700,000 or more to the SIPP if SP stays subdued.

It doesnt bother me at all if SP falls from here. I'm 100% interested in what the business is doing, dont care about short term movements in SP. If the business shows signs of survival under Coltman no reason to sell IMO. It would be good to get news eventually, but in the meantime I'm assuming no news is good news for the time being.

Align have been a buyer even though the SP has fallen. Does the SP fall so low that the II's simply acquire a majority stake and somehow take it private. That would be my concern here.

Time for those 'synergistic' cost benefits from working with SPR to be realised then. Bottom of the V bear market, but commodities are starting to lift gradually, so we just need to weather the storm in lower prices until V prices make a V shaped recovery!

Ah the all wise and knowing HMHG - love to know what your invested in (if anything), you sure seem

be be dead certain BMN will fail. Are you sure your not getting paid to post on here..?

Faramog - I think Paul had a genuine interest in Bushveld as a business and cared more about the progression of the business itself than what SP was attributed.

Maybe, just maybe, we are at the 'Disbelief' stage in the market...imagine that. Imagine loads of investors thinking 'I'll buy when it drops from here', or continue waiting for final conclusion on funding, only to then realise the SP has moved higher against them. But by then they become paralysed with FEAR and are unable to buy....Bull markets are created on the back of investor uncertainty...

HarChris, the biggest surprise here would be if the bottom's already in on the SP with all this going on, now that really would catch most off guard.

I heard March 2025, but cant be sure. Either way, steel demand isnt the game changer here for V producers - it's VFRB ramp up. V content in steel increasing could just be a cherry on the cake. At some point the demand will outpace supply and we'll get another V price spike - it wont last as they never do, but when it comes it will be aggressive as that's how V runs.

Yep, could easily go into suspension if bad news - I'm prepared for it. I have 2.2. million shares, none which will be getting sold regardless of what the update is and that's conviction investing for you. Although painful, I'm fully prepared to lose it all here.

I still fully believe this is all one big shakeout ahead of the change in rebar standards for V content in China in 2025, plus the ramp up in VFRB deployments towards 2030. The world needs a lot more V and Bushveld can help to supply it.

Wonder where the bottom lies, not here, that’s for sure

Couple of buys this morning completely countered with sells. Todays buyer likely to end up tomorrow’s seller, and so the cycle continues…

Feels like sentiment here is 'dead' / extreme bearishness - it bodes well for the news ahead / sustainable SP rise from here if it's taking a positive turn. It's a coin flip from here though, so totally understandable. Come on Bushy, put your investors out of their misery one way or another, lol!

From the initial lows in Oct through to here that's a good 6 months, surely 'they' dont need more accumulation time... ;-)

V1per - the very fact Fortune didn’t completely sell out (and hasn’t to my knowledge) tells me all I need to know about the future potential here. Now he’s not the CEO of course, he’ll be able to sell his holding without any market moving announcements - very strategic.

It’s been a heck of a rollercoaster here, but if we can get past the funding ‘will they won’t they’ drama, this could be a decent investment case come 2025 onwards. The whole drip feed from SPR is odd, they either have the cash or they don’t. Either way, shares will end up in strong hands, so it will help the recovery rally (assuming it’s not game over that is).

Interesting timing on the Orion shares TR1 also.why wait until a week before the funding payments (hopefully) are concluded to TR1 it?