Member Info for Nickderby

Screaming buy! :)

Sanchez, it is currently around 325k buys, 378k sells.
Not much difference so far today.

Someone seems to be trying hard to bring the share price down (50k and 25k sells).

Per the presentation, 60% of our sales are now made to the USA.

That's especially good news as the FeV price has held up well in that region and is currently well ahead of both China and Europe :)

This makes excellent reading doesn't it...

'the business is attracting a lot of interest, with nearly 30 analysts and bankers from SA and the UK visiting the site last week...'

Interest is building very nicely, we could be seeing some serious buying soon.
Maybe that 87p target isn't really that far away! :)

BBN, see RAZ10's posts at 9.53am and 9.54am where he posts the article in question.

Calamari, only facts on this BB.
We leave the jokers on A d v f n.

Strider, haha :)

Just for you I've bought another 100k at 37.25p.
£2 coins for 37.25p. Bargain! :)

Pdub, " the business is attracting a lot of interest, with nearly 30 analysts and bankers from SA and the UK visiting the site last week... "

It does sound rather interesting doesn't it. That article has certainly persuaded me to get some more shares this morning.

Interest is building very nicely!
I may even be tempted to buy a few more shares this morning if they attempt to drop it any further :)

Strider, the only real risk of dilution was the JSE listing.
Have you seen the cash generation here.

So with the cash being generated by Vametco and the debt available in SA, why would the company need any further dilution?

Max buy at 37.5p is now 75k.
The MMs are now looking for shares, its easy to sell in quantity if anyone wants to...

Indeed Strider! :)

Strider, no dilution is the important comment from Fortune.
He goes on to say that there are capital pools available, so he is talking about debt.

Excellent news because the payback on current vanadium prices would be very short :)

Well I've had another 200k this morning on that good news.
No dilution coming and lots of excellent news in the pipeline.

Buy the dips! :)

Bushveld, which is listed in London, will come to the JSE by end-June or early in the third quarter of the year, says CEO Fortune Mojapelo, adding that the listing was not intended to raise capital for the cash-flush company, which is benefiting from high vanadium prices of about $80/kg and strong demand for its product.

No cash is being raised from the JSE listing, so let's put that one to bed! :)

They are dreamers/no-hopers...

'It won 6 percent of the vote in the last national elections, held in 2014, and has recently suffered a series of scandals that have dented its reputation as a voice of the poor.'

Loudspeaker, thanks for that. ‘Ferro-vanadium US 70-80% V, $/Ib: $41.00-43.35 per Ib’. That’s an average of $92.79 per kg for US FeV. It seems that the FeV price has now started to bounce and that’s a great starting point for the bounce. Roll on $130 per kg.... Cash elephant! It’s also worth noting that US FeV prices have held up quite nicely in relation to other regions, which is excellent news as more than half of our income comes from the US. I make BMN’s Q1 US average at around $102.50 so far for this quarter (using a lag of 4 weeks) with only around 3 more weeks to go. If/when the production efficiencies start to come through..... :)

Buying at 36.75p.
Bargain.

I think I may have to try and free up some more cash! :)

Buy 36.75p
Sell 36.6p