Member Info for Nickderby

Which MM keeps knocking the offer down to 38p but then isn't willing to sell any.
So annoying....

The MMs drop the offer down to 38.5p, but then its NT again.
What jokers!

NT to buy at 38.5p.

Low volume today, so far...
Buys 198k
Sells 57k

Buy 38.69p
Sell 38.5p.

All trades showing as sells.

Hi Alfa, yes plenty of changes to be disclosed on TR1’s. 1% movements and any movement to below 3% should be disclosed. It’s good to see Golden Summit adding a further 10m shares and also good to see Yellow Dragon not reducing their holding. Acacia and Borromeo, connected parties, are reducing their holdings. Probably not too much of a shock as they have been shareholders since the Company floated. Hopefully they are just top slicing their huge profits. First Island have reduced further, but again hopefully just more top slicing. Exciting times ahead! :)

A summary of the latest broker targets. SP Angel - 87p. This is based on FeV prices of $75 per kg for 2019,2020 and long term prices of just $45 per kg. https://www.uploadlibrary.com/SPAngel_JohnMeyer/Bushveld_UpgradeII.pdf ARC - 38p. But their target increases to £1.29 at an FeV price of $100 per kg and Rand/$ rate of 14. Or using a discount rate of 5% with FeV at $100 per kg, ARC have a share price target of £2.08. http://www.bushveldminerals.com/wp-content/uploads/2018/11/Q3-update_-price-strength-offsets-lower-production.pdf The Bushy journey has only just begun. Cash elephant! :)

Buy 39.4p
Sell 39.25p.

A nice bounce back!
I can feel blue coming....

Unleash the news! :)

Pdub, I’m so sorry to hear your news. It’s been really great having you posting on a regular basis again over the last few weeks. I really wish you all the best in your treatment. Try and remain positive. Good luck.

Pb940, lol :)

The last two years have been a very exciting ride,
imo, the next two years are going to be even better!

Fortune Mojapelo ‘The story of Bushveld Minerals is not yet half told’. Experienced mining entrepreneurs are now on board. No outstanding warrants or debt. Dividend policy to be announced in the next few weeks. 74% of the hugely profitable Vametco mine is now owned. Vametco 2018 profits are looking huge even at the current FeV prices and production levels. Our share of Vametco profits after tax are around £2m per week at current max production and FeV prices of $100/kg. FeV prices have stabilised at excellent levels and are starting to rise again. There is a world vanadium supply deficit and this will remain for at least the next 3-4 years. The new Chinese rebar standards, which started in November, will increase their vanadium demand by a further 30%. The Chinese are banning the import of vanadium s l a g. The environmental crackdown in China is fueling the vanadium price rally further. Vanadium prices are looking excellent for 2019 and will no doubt pass the multi year highs already reached in late 2018. China, one of the largest vanadium producers in the world, is expected to become a net importer of ferro-vanadium in the near future, increasing demand further! Vametco annual production capacity has increased to 3,750 tonnes and we are now targeting production levels of 5,000 tonnes pa by the end of 2019. All production increases will be paid for through operating cash flows. Guidance for 2018 is 2,600-2,650 tonnes of production. We are on the lookout for more brownfield vanadium production facilities to increase our capacity to 10,000 tonnes and beyond. Our Mokopane Vanadium mining licence is due any time. Mokopane early revenue generation is coming. The current V2O5 price is making our Mokopane vanadium project hugely profitable. Brits vanadium - very high grades expected, thereby reducing Vametco production costs even further. Further drilling is taking place at Vametco. Bushveld Energy is in the very exciting VRFB sector. BE has agreements with UET and IDC. Commissioning of the demonstration VRFB with Eskom, the SA national power utility, is taking place. Potentially a huge contract is coming our way! Electrolyte production is moving forward for production in 2019. Electrolyte leasing partner news to come. Imaloto coal has a MOU with Sinohydro. Imaloto coal BFS will be published shortly. Lemur has signed a binding 30 year power purchasing agreement with the Madagascar state-owned utility JIRAMA. Potential Imaloto coal sale or spin off. Investment in Afritin Mining - first production commencing soon. Other resources, iron ore, titanium, phosphate. JSE listing coming up. South Africa politics have improved significantly. Ramaphosa’s South Africa is becoming investor friendly and encouraging foreign investment. All very positive for business and mining in South Africa. Exciting times ahead! DYOR of course :)

Hi RichKen, no problems. I rather liked your bullet point style! :)

Just consider the following 8 points... High vanadium demand. Insufficient vanadium supply. World vanadium structural supply deficit. No significant new vanadium supply coming on line for 3-4 years. FeV price is already at incredibly profitable levels for Vametco. The new Chinese rebar rules from November 2018 will generate even greater vanadium demand and push prices up further. Minimal capex is required to increase production to 5,000 tonnes pa. Q4 results out soon will show the world our excellent profitability for the quarter. What more do we need? The market will sit up and notice on publication of the Q4 results in a few days :)

Let’s have a reminder of what we can look forward to over the next few days/weeks/months.... Q4 Vametco results, due late January/early Feb, will be incredibly good due to the increasing production and record high vanadium prices. Q4 updates for Bushveld Energy and Lemur showing further progress made in the quarter. 2018 Annual Report, due June 2019 showing fantastic progress being made throughout the business and showing excellent profitability for the year. Other news in no particular order... Vanadium price starting to increase again due to the large structural supply deficit. Phase 3 increase in production capacity to over 5,000 tonnes pa carried out earlier than planned to make the most of the ‘perfect storm’ in the vanadium market! Mokopane mining licence. Mokopane news of early revenue generation. Brits vanadium drilling news, very high grades expected, thereby reducing Vametco production costs even further. Brits vanadium JORC. Vametco drilling results. Details of the PV project BE are currently working on. Bushveld Energy contracts. Eskom VRFB news. Eskom contract. Electrolyte production progress. UET final partnership details. Leasing partner news. Brownfield acquisition (Vanchem?) to increase our production capacity further. Imaloto coal BFS. Imaloto coal platform sale/spin off news. Afritin first production commencing. Dividend policy information - Q1. Johannesburg listing. Possible suitors looking to take over/partner with ‘the most significant, lowest cost, vertically integrated vanadium company in the world’?? Etc! A very exciting period coming up! DYOR of course :)

There's so much transformational news due in the next few days/weeks.
Glad i'm back from my holidays to enjoy the ride.

Just had another 100,000 shares.

Coiled spring! :)

Thanks. Yes, sadly.

'Chinese ferrovanadium prices keep increasing'

https://www.vanadiumprice.com/chinese-ferrovanadium-prices-keep-increasing/

They drop the offer down to 42p and then don't let you buy any!
Same old.....

Greetings from Dubai. Loudspeaker, thanks for that. ‘Ferro-vanadium US 70-80% V, $/Ib: $41.50-46.00 per Ib’. That’s an average of $96.25 per kg for US FeV. As it seems that the FeV price has now started to bounce, 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. Good times :)