Member Info for Nickderby

PennyPusher, 'the constant clashing of oversized egos gets old very quickly'.

I love it and totally agree.
Let's get back to the quality board that we all love :)

Getting the Mokopane mining licence should have a huge affect on the share price. We have an asset with a post tax NPV of $2.725 billion. Only 64% ownership, so that reduces our share to £1.364 billion. Even if getting the mining licence releases only 20% of this valuation, it would be worth £273m on the share price. That's an additional 24p onto the current share price. It really is an incredible resource. Bring it on! :)

Sanchez - as you mentioned Mokopane.... Mokopane Post tax NPV at $29/lb is currently $2.725 billion. Bear in mind that is just for a small proportion of the Mokopane resource (about 1/6). Incredible figures and an incredible resource. Bring on that mining licence! :)

41.52p to buy
41.50p to sell

That is really tight!

Now 41.5p to buy and to sell.

Some strange sells today, in pairs.
Each pair in quick succession.

2 x 25,002, 2 x 49,999, 2 x 50,003, 2 x 24,998.

Is it just me or is someone having a bit of fun?

It all seems a bit petty to me.
As LS says, payable out of petty cash!

Bring on the real news... :)

There are plenty of goodies there, but the real transformational ones for me are....

Mokopane licence.
Eskom contract.
Brownfield acquisition.
General BE contracts.
Dividend news.

So much to come! :)

Just noticed that RichKen has hit the top recommended posters list, making it 4 BMN posters in the top 8.
With everything that is going on in your life at the moment, that is some achievement.

Well done and good luck to you and your wife.

Keep up the great work :)

Changing around a lot - now 42.25p to buy.

Bassguy Q4 results, due in January, will be incredibly good due to the increasing production and record high vanadium prices. 2019 profit figures will be absolutely astronomical. There’s so much upcoming news over the next few weeks/months that will keep the upward trajectory of the share price firmly in place. In no particular order... Soaring vanadium prices caused by the structural supply deficit. 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 production commencing Q4. Dividend policy information - H2. Johannesburg listing. Institutional interest? Possible suitors looking to take over/partner with ‘the most significant, lowest cost, vertically integrated vanadium company in the world’?? Etc! DYOR of course :)

Now NT to buy at 43.5p with II.

BMN going along nicely, but my FTSE watchlist is in tatters!
PRU down 7.3%, LGEN down 4.9%, Glencore down 4.5% etc!

So much for safe stocks, keep it in Bushy! :)

SOTRR, its not an either/or decision. We can do both! :)

'To get to 10,000 metric tonnes a year, the company is looking at either building a new USD100 million kiln at Vametco or buying brownfield sites nearby, or even both.'

Bushy is definitely the place to be at the moment. The general markets are looking wobbly but we are a coiled spring, getting ready to explode upwards again. The future growth potential here is incredible. Production growth through Vametco, Brits and Mokopane. Brownfield acquisition, electrolyte production, VRFBS, Eskom, BE, Lemur, Afritin. The huge structural vanadium supply deficit for the next 3-5 years is giving vanadium prices and therefore our profits a huge boost. Cash elephant! We are definitely in dreamland! :)

Missed the AIM50 this time. https://www.ftse.com/products/index-notices/home/getnotice/?id=2591117

We are certainly in 'coiled spring' territory! :)

Max buy 30,000 shares.
Max sell 300,000 shares.

I think that tells us where the share price is heading today :)

I tried a dummy buy at the close and there were no shares available at 40p, so hopefully we should get off to a good start tomorrow.

The risk in buying BMN was a few years back when we had great assets but no production facilities.
Since we acquired Vametco for a bargain price and the vanadium price has soared, there is minimal risk here imo.

Our production will keep increasing and the cash will keep coming in.
Then we have Bushveld Energy.... :)

I'm looking to get some funds freed up to make the most of these bargain basement prices.
They certainly won't be around for long!

The only way is up over the next few years.
Imo, take advantage of any short lived dips while you can.

DYOR