Member Info for Nickderby

Buys below the bid now!
I'm going out.

Have fun! :)

Buys below the mid at the moment.

How did this post get deleted last night? I’ll repost.... When the share price is stalling and there’s negativity everywhere, just consider the following 10 points... High vanadium demand, insufficient vanadium supply. World vanadium structural supply deficit. No significant new vanadium supply coming on line for 3-5 years. The FeV price is still at very profitable levels for Vametco. The new Chinese rebar rules from November 2018 will generate even greater vanadium demand and push vanadium prices higher. Minimal capex is required to increase production to 5,000 tonnes pa. This will reduce our average costs per tonne further. Brownfield acquisition is coming. Our 2018 final results will show the world our excellent profitability for the year and our Q1 results will still be very strong. Large VRFB contracts with Eskom and others are getting closer. We have an exceptional management team, who have kept dilution to a minimum throughout our journey and are proven deal makers. We have been one of the best performing shares on AIM for the last 2 years, and when you consider the above.... maybe 3 years? The important thing is to stay calm. This dip will soon be over with imo, so buy while you can. In a year’s time we will no doubt be looking back on an incredible year of share price growth! Hold tight and don’t let the trolls scare you out of an incredible investment opportunity. DYOR of course :)

During these retraces you just have to remember the great fundamentals and also why you invested in the first place. Nothing has changed, in fact its most probably got better and better! BMN has positioned itself into an incredibly strong position and the company’s fundamentals will always win in the end. Just to keep things simple.... Vanadium demand significantly exceeds vanadium supply and this will continue for a minimum of 2/3 years. Roskill recently said it will be 3 to 5 years before any significant new vanadium supply will come into production. This shortage, together with other current events. (Chinese rebar etc), will generate a vanadium supply deficit of at least 20% per annum. If VRFB demand takes off as expected, the vanadium deficit will be much greater than this. Therefore, although vanadium prices have recently fallen back from multi year highs, they are likely to keep rising over the coming months and years. Excellent news for Vametco profitability! Vametco production costs are very low. Vametco is debt free and even made a profit during the low point in the vanadium cycle. Vametco production is growing - maximum production capacity is now up to 3,750 tonnes pa and our next target is 5,000 tonnes pa. A brownfield acquisition, possibly Vanchem, will increase this production significantly. Medium term target is 10,000 tonnes pa. We have one of the largest, high grade, low cost vanadium resources in the world. Everything else is an additional bonus - Mokopane vanadium, Brits vanadium, electrolyte production, Imaloto coal, iron ore, titanium, phosphate, Afritin Ltd and of course Bushveld Energy and VRFBs! We have the demonstration VRFB with Eskom, which as we all know has incredible potential. Our connections with the IDC should give us an excellent chance of being part of Eskom’s renewable energy plans going forward. Don’t forget that the Mokopane mining licence is imminent! Offtakes and development news must be very close when you look at the potential Mokopane profitability. Not forgetting the dividend policy and the JSE listing! Even the SA political situation has improved significantly under Ramaphosa. It is definitely a time when we should be feeling relaxed. Try and ignore the doomsayers. This is just the beginning of the Bushy story! :) DYOR

Nice work Rob!

I've had 100,000 shares in each of the last 3 days.
If possible, buy the dips.... :)

Still can't buy any quantity at 31p.
Max buy with II is just 7,000 shares.
The MMs are waiting for sells so that they can process any buys.

What jokers!

Thanks for your insight, Mr negative.

NT at 31p.
If the sellers could just hold off, we could be on the move upwards!

Back from my holidays today.
I couldn't resist another 2 lots of 50,000 shares.

I think we are due a bounce in both the vanadium price and the share price over the coming weeks.
Coiled spring! :)

And another 50,000 at 30.5p. A nice holiday treat! :) Buy the dips....

50,000 for me at the bargain price of 30.5p :)

Pascha, that’s hardly ‘the reality’. The 17p in September was caused by the strike. In August we were 28p. Since then we have increased our Vametco stake to 74%. That’s the reality! A great buying opportunity at the moment. My ISA buy on Monday 8th is going to be amazing value. Cash elephant! :)

It looks like my ISA buy on the 8th April is going to be at a much better price than I expected! Looking on the bright side :) Nothing has changed here, the prospects are still incredible. The dividend policy will come soon enough. Perfect storm....

Buys now going through at 36.125p, according to II dummy buys.

Everything is moving along very nicely.
What an opportunity....

Bushveld Energy is going to be huge!!

Dividend policy RNS tomorrow/Friday.
It gets better and better :)

We're open again, just for a few minutes no doubt! :)

Its been NT for about 40 minutes out of the first hour.
How can the Market Makers be making a market?!?

Come on, sort yourselves out!

Max buy 75,000 shares.
Max sell 300,000 shares.

I think that tells us all we need to know....

Hold on tight! :)

Quite a few sells have gone through since midday, but interestingly they will still take 300,000 shares.
The MMs want your shares, hold on tight!

Max buy at 35p with II is just 30,000 shares.
We're going up! :)