Member Info for Maya23092013

A couple of bed and isa today. Both the sell and buyback shown as a sell doesn’t help

Well said @ Pdub
You said it more succinctly

Really people

LS bought at 1.5p and sold some at 41p to derisk.
According to some only naive investors held all the way threw and did not sell some / all at the top

The alternative is a savvy investor that sold some at the top to give himself a free ride with the rest.
He didn’t sell all of them just enough to derisk. Nothing at all wrong with that.
He believes it would go up so I don’t see that one quoted message as LS being dishonest at all.

Had he sold out completely whilst ramping may have had a different take. At least he honest enough to have shared his investing strategy and i for one can say I wish I had done the same.

@beginerman
Not sure which post your referring too unless you mistook my post to daisydogs as being aimed at you.

I understood your question and my thoughts on it were that I thought institutional investors were currently probably not ready to jump in due to the complicated nature bmn setup.
I fully believe once the spin out of BE is completed then each business will be able to attract its own institutional investors.
Some will agree with me some will not and that’s fine too.

@daisydog
“ I don't think they believe BMN can deliver it”

Deliver what exactly ?
Electrolyte plant ? Completion H1 2023
Mini grid ? Completion H1 2023
Production 5000-5400mtv ? Completion end of year
Route to 8000mtv roadmap provided
Investment into enerox ( VRFB manufacturer)

I’m not sure what you think they have not delivered exactly?
All the peace’s are in place for vertical integration which is what they promised
Has taken longer than most people expected but it’s a far cry from stating they have not delivered.

And if your only measure of them delivering is the SP then I refer you to my post from yesterday

Usually it means free shares in the new business split off based of your current bmn holding.
Nothing happens with your bmn holding and you wills till retain the same number of shares

@beginerman

BMN in its current state is incredibly complicated.
This is why I believe that this announced spin out of BE will be the catalyst needed to reignite the SP.
After the split the markets will set a value to BE something which is currently lacking.
As separate business both can be valued fairly in there own sectors and as such both attract the right capital.
Miner / producer
Energy

At that point I think institutional and private investors will flock to there respective fields

@ beginerman

The reason for my confidence is because all I did was state facts regarding all that the Bod have achieved or have stated will achieve.

The electrolyte plant , enerox and mini grid are all reality and happening ( and imo not prices in at all in the current SP.)

I myself am underwater too so yep disappointed at the SP. However when I look at the current SP I see an opertunity rather than a failed investment.
can all the blame of the SP really be thrown at the feet of the bod.
I think not others obviously disagree.

To cindercones point that lack of coms are to blame. A month ago I may have leaned that way in my opinion too however if lack of coms leads to decrease in SP then surly the flurry of all the news in the last couple of weeks mostly all positive should have had the opposite affect on the SP no?

I’ve heard all sorts of reasons why the SP may be were it is ranging from being on bent aim market to being located in Africa were unfortunately corruption and instability is a risk.

It may also have something to do with the fact that markets in general are spooked and $12T have left the markets and with the risk of recession looming PI (which we have a lot off) May have sold some for personal reasons /protection.

I am sure others can add to the above list of reasons why the SP is we’re it is.

Simply putting all the blame of the SP at the Bod feet is just shortsighted.
Bod main priority is to improve/ grow the business which they are doing. This in theory should translate into a higher SP.
It’s not happened here (yet) which is what makes this an amazing opportunity right now imo

The SP being down does not negate the progress the business has made and plans on making

I don’t have the answer to why the SP is we’re it is nor does fortune as he clearly believes from the call that we are under valued. His reasoning may have been weak in the call @ cindercone. I personally would have much preferred the answer I don’t know why we are so cheap.

Duferco was mentioned and fortune realises that they immediately selling out did not help the SP but hopefully that’s behind us now and what we got for that deal was well worth it imo.

As for now I have all the answers I wanted like the mini grid , electrolyte plant , rout to 8000mtv

All that’s left is specifics on the BE spin off. It’s a good idea which will allow both bmn the miner/ producer and BE to raise the the necessary funds for both parts to achieve there growth goals in the next couple of years.

To conclude I don’t know why the SP is as low as it is however I’m not one to look a gift hoarse in the mouth so taking full advantage of these prices

Disgruntled specifically how have the Bod taken lth for a ride?
You just posted that two things to support your above point.
1. That vertical ingestion was over which it is not &
2. That the remuneration which if you read threw the AR has not been “enhancing” as you claim but been coming down

The Bod in ten years taken $20M and turned it into an asset value of $150M
Gone from an explorer to a producer owning 2/4 worlds primary processing plants
Annual production to hit 5000-5400mtv by the end of the year with plans to get to 8000mtv over the next few years
Own the largest V electrolyte plant in the world outside China which will be completed next year
Built the mini grid also ready next year
Own 25.5% ENEROX a VRFB manufacturer

Basically we have all the parts needed for vertical integration. The Bod have not let down lth
They have delivered what they promised and deserve the fair remuneration they get

Vertical integration is still part of the plan. This has been repeated multiple times by fortune in the AR and in yesterdays call.

“Bushveld Minerals will retain vertical
integration through a significant
shareholding in Bushveld Energy”

BE may not directly win any of ESKOM tenders right now but we don’t need to win them directly to benefit. I think an important pint to consider is that that any VRFB ESKOM tenders won by whomever will need to source electrolyte. This electrolyte more than likely will come from BELCO as it’s impractical and expensive to ship electrolyte around the globe.
As the electrolyte makes up 40% of the cost of a VRFB that still a significant portion of any VRFB tenders from Escom that we will benefit from.

In the meantime BE can fund to expand cell-cube to the point we’re it can tender for the projects outright benefiting us further

FX did let us down in 2021 when compared to 2020
2022 so far FX has been massively in our favour so should see that positively reflect in the upcoming H1 2022 results

The letter for clarification as to why EVR is suspended. At the moment it looks like we have been temporarily suspended while they check to see if we fall in the new legislation.
If they think the sanctions apply to us they need to give us an official response to the letter stating why.
At that point we can legally challenge it in courts which I can see happening. We have the $$$ to challenge this decision and the fact that Canada did not sanction EVR will help to bolster our case.

Looks to me like a knee jerk reaction to suspend EVR. “Better safe than sorry” and once challenged legally the governments argument “we think some of the steel was used to build Russian tank” will have to be substantiated with proof. And tbh even if it was used for tanks they will have to prove that EVR specifically made and supplied it knowing what it would be used for. EVR has already denied that it has. If the UK government even cares to continue to pretend it follows the rule of LAW then they will most likely lose and EVR shares reinstated. If not they will just make new laws to suit there position and screw EVR and it’s shareholders over.
Have the love the hypocrisy of the West pointing to Putin and claiming he will steal assets when your busy making new laws to do exactly the same ??

Your correct others will happily buy the products and some will resell them to the west and the west will happily buy them. Iran oil being a perfect example of this happening in the past.

The thing is since EVR is listed in UK that is probably why it’s come under scrutiny as we did sell a lot of it to EU.
Need a swift end to this war which unfortunately looks like it could go on for a while

The steel and ore ban just announced by the EU is a problem. Could be what pressured the UK to suspend EVR

We have little choice left but to wait.
IF we do come back then all that risk that pushed us this low will be gone and watch everyone pile in. However that is a big IF. Since we can’t do anything just sit and wait
GLA

Personally read the rns as saying FCA not sure if EVR falls under the sanctions. So they temporarily decided to suspend us until they work it out. Like I said earlier EU and UK need what events produces and will not find it easy or cheap to source it elsewhere. EVr supplies 17-20% of global Vanadium. 40% of which went to EU. That much V can’t be suddenly found elsewhere.
It also gives me hope that the media is focused on RA and Chelsie and little is being said about EVR. I’m hoping the west needs for the metals outweighs there need to publicly spear hard on Russia.
Oil and gas is a perfect example. Can’t find the extra 5 million barrels a day. Actually not true better to say that those that could do it are refusing to as they are enjoying the increased price caused by volatility. The same will happen to the commodities that EVR was producing.
This war and sanctions are not only hearting Russians but the world in general. And that pain is escalating fast. It will not be long until a resolution is found in my opinion.
There is hope yet so will hold onto that.
In the meantime invested in BMN to help mitigate some losses from here should the worst happen and we lose it all.
GLA

Nice tree shake just now.
I wonder how many were robbed of there shares just then.
MM will continue to play there games for some time.
The true winners will be those that managed to hold threw all the noise. once dust settles which it will eventually how many of us will look back and say “I had my once in a life time chance and I threw it away”
GLA

For all those claiming that the divi payment amount comes off the SP could you explain what would happen if the SP had dropped to say 37p and Evraz paid the 37p divi. The price would go to zero would it ????
No the dividend payment does not come off the SP directly
Gn all & GL

RA transferring them into his name Meeks he feels they are safer/ harder for others to touch them there.
Evraz has its risks which are blatant to everyone. It’s why the SP is we’re it is considering the amounts of cash and assets the company has.
And yes divi could be cancelled that’s also a risk.
The fact that evraz hasn’t been sanctioned yet and has been given “British nationality” for trading purposes reduces the risk. Also the fact that Europe really heavily on products from evraz like Vanadium etc could also explain there resistant to not sanctioning it. Commodity prices are going insane and those like oil and gas are another thing that eu really a too heavily on Russia for. And like oil and gas it’s hard to acquire that elsewhere hence the commodity spikes
However taking all the risk into consideration and potential rewards available it’s worth the risk.
I’ve bought my 50,000 shares knowing full well I could lose it all. Why because the chance that one those shares could pay me 50k annually providing me with financial freedom I never thought possible.
Everyone needs to manage there own risk / greed ratios
Only risk what your comfortable losing and all that
Gl