Member Info for Nickderby

Agreed Alfa, the two mid price trades were also buys :)

Buys 394k
Sells 452k

Down 1p (4.8%).

Seems a little excessive for a net sell position of around £12k.
Games are definitely being played!

Buying below mid price at 19.9p
Bargain!

I think I need a holiday! :)

Oh no, I really need to read through my posts thoroughly before posting.

Electrolyte leasing model finalised! (not leading model).
You all knew what I meant :)

Obviously that should read 'When the trolls are around, we need to just look at the fundamentals...'
I think I got too excited! :)

Great post Ophidian!

When the trolls are around, we need to just need to look at the fundamentals...

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 profitable levels for Vametco.
The new Chinese rebar rules are beginning to generate even greater vanadium demand and will start to push vanadium prices higher.
Minimal capex is required to increase production to 5,000 tonnes pa. This will reduce our average costs per tonne even further.
Vanchem acquisition to be finalised shortly, increasing production by around 30%.
Medium term production target of 8,400 tonnes pa!
Vametco production is now at an all time high.
Our 2018 final results and H1 results have shown the world our excellent profitability.
Large VRFB contracts with Eskom and others are getting closer.
Electrolyte production from next year.
Electrolyte leading model finalised.
Mokopane licence imminent!
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 this year too?

The important thing is to stay calm. This dip will soon be over with imo, so buy if you can.

Hold tight and don’t let the trolls scare you out of an incredible investment opportunity.

DYOR of course :)

ARC - share price target is 43p.

This includes nothing for Vanchem or Bushveld Energy!

Also, it is based on FeV prices of:
$49 per kg in 2019.
$45 per kg in 2020 and beyond.

If FeV prices rise, their targets increase significantly. For example, their target share price increases to £1.05 at an FeV price of $85 per kg.

Using a discount rate of 5% with FeV at $85 per kg, ARC have a share price target of £1.77.

http://www.bushveldminerals.com/wp-content/uploads/2019/07/Much-improved-Q2-sees-Vametco-back-on-track.pdf

Coiled spring! :)

SP Angel - current share price target of 92p.

This is based on FeV prices of $50 per kg for 2019 and a long term price of just $45 per kg.

https://www.uploadlibrary.com/SPAngel_JohnMeyer/Bushveld_H1_update_300719.pdf

Incredible value here! :)

“Bushveld has delivered a strong quarter which included process gains which we didn’t expect until the second half of 2019. With total first-half production 7% ahead of our forecasts, Bushveld has already hit our third-quarter production forecast run rate,” the Peel Hunt analysts said in a note.

Great news RichKen.
I'm really pleased for you both.

I think you both need a holiday! :)

RichKen, thanks.

'Conclusion: It is remarkable that improvements at Vametco mean the business has almost met our full-year EBITDA forecast in the first half.'

Not a bad first half! :)

What more can we ask for.....

Production increasing.
Production costs reducing.
Vanadium prices increasing.
Vanchem aquisition coming soon.
Mokopane licence coming soon.
Bushveld Energy!
JSE listing 2020.
Etc.

A great time to buy :)

DYOR of course.

Beginerman, you're a hard man to please.

- Transformation programme successfully delivering higher production rates with Q2 2019 production recording the highest quarterly production rate in over two years!

H1 Revenue - US$74.3 million.

H1 EBITDA - US$48.6 million!

Vametco achieved an EBITDA margin in excess of 50 per cent, underpinned by strict controls on unit cost and a weaker ZAR.

These are all excellent figures.
Well I enjoyed them anyway! :)

So much good news here!

Highest production in over 2 years.
Overall plant recovery continues to improve.
On course to hit production guidance.
Lower production costs.
AMCU negotiations concluded for the 3-year period to 20 June 2022.
Electrolyte plant is on schedule.
Eskom battery commissioned and being tested under various conditions.
The first batch of electrolyte was successfully produced, samples sent to vanadium battery companies for testing.
Mini Grid work has commenced.
A definitive feasibility study has commenced for the development of the Mokopane mine.
Etc etc!

The Company's progress continues to be very exciting! :)

HaleSpur, the date has changed and the increases are all different figures.
The vanadium price rise continues strongly! :)

It seems the time to buy again.
Vanadium price up across the board today.
Q2 reports imminent.
Plenty of other news due.

I’ve topped up again this morning.
Buy the dips! :)

Max buy is currently just 50,000.

Come on buyers, the vanadium price is on the turn! :)

Thanks Ninjamagic, you're very welcome.
It's certainly been an exciting ride.

Max buy is just 10,000 shares at 23.5p atm.
Perhaps we're about to go blue.... :)

@Beginerman, quite a strange comment imo.

As far as I am concerned, the news we have had and the way the company has progressed over the last three years has been quite staggering!

I'm very happy with the Company's progress :)