Member Info for marc001

Whether you see today's RNS as positive or negative for Bushveld's future prospects, what has to be acknowledged by all and cannot be refuted is the fact that the 'big money' is taking up positions.

The first 6 months of '24 likely to be an interesting period for this share.

Shorting isn’t illegal in the UK, so doubt there will be any ramifications of this.

Was BMN shorted heavily (naked shorts) from 9p down? IMO yes, but happy to be proved wrong.

MacMac133 - sorry for your losses (cursory look at your msg history shows your haunted by stock losses). Thanks for stopping by BMN and is investors here - we’re good actually and there are many like me whom haven’t sold. It’s called conviction chap - try and muster some and maybe you won’t lose so often on stocks. Long term holders of BMN = long term winners IMO, DYOR.

So what if a GM was to be called, what would be the worst outcome here?

Cant Largo sell to the US market like Bushveld and take the premium?

What about them? They don’t have to be fire sold so they, lol…

I think the bottom’s in now. They have plundered the lows and scared most PI’s into selling. Shares have been bought cheaply at the bottom and no doubt the smart money will slowly average up from here.

And that’s what I’ll be doing from here on also, averaging Up, but never again down. This is an experience I shall not repeat, but it’s been a great teacher.

Need to clear 50ma and re-test it as support though otherwise this is just another rally in a downtrend. So let's see 2p hold.

I think they we're filling a few large orders at a particular price and needed the SP down there to achieve it. Now they are filled up we go I guess!

It's a cold hard reminder that what is cheap can get cheaper and that in the main, the only real winners are the institutions. Could be worse though, at least we have a solid CEO onboard and a plan to sort the finances.

Plenty of miners wont survive the next 5 years if they are too capital intensive, but it seems there's a glimmer of hope with Highveld and the SPR relationship for BMN and lower cost materials. SPR wouldn't even be at the table at this stage if the Orion restructure wasn't going through.

Feel like we we're lead on to think 6p conversion - it's a lesson learned. Luckily I have time on my side of wait this out over the years and then all being well I'll see a profit from my shares 5 to 10 years down the line.

It’s not down by the way:

https://www.mysteel.net/news/all/5043701-gacc-chinas-jan-sept-steel-exports-jump-32-yoy

Beginerman: I doubt it, I dont post ever day. Buy yeah, 10 years easily, maybe a tad longer, we'll see how BMN plays out over the period. In 10 years we all may look back and laugh at this period, chances are it will be a mere blip on the SP chart.

Thank you RazorShultz. Time in the market is better than timing the market.

AIM is a crazy market, but you dont get rich off the stocks everyone is already bullish about. No pain no gain.

It does make me laugh how some like Uksteveg are more bearish the lower the SP gets. Folk like him should never invest in AIm as they are too emotional and link short term SP movement to the fundamentals of a business.

I've said it before and I'll say it again, BMN is a long play. If your not willing to wait 5-10+ years for this to come good, you shouldn't really be invested IMO.

I'm in for 10 years+ here. SP can do what it likes in the meantime. I haven't sold a bean and will be buying again next year once the Orion funding is sorted.

I dont have much hopes for any kind of sharp re-rate next year, likely to stay depressed for as long as V prices stay that way.

While us PI's are distracted with 'noise' look how the SP is moving...

Fair point - could be just another dead cat. I’ll be right eventually though, come on now what’s wrong with a little Hopium..?

Look at the Largo chart, now it might be just me but it looks like it’s trying to breakout…

Relevant if it’s associated with V fundamentals, after all BMN looked sprightly today also.

Https://bushveldmineralsrequisition.com

Https://www.energy-storage.news/innovation-arm-of-us-department-of-defense-trials-flow-batteries-mobile-bess-for-resiliency-applications/?utm_source=dlvr.it&utm_medium=twitter

Again, if I were them I’d want a lower SP conversion to get more shares. Why would they want to convert at 6p?