George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Sorry SIPP are you working on the year average or did you mean $22?
V price rise = BMN flat. V price fall = BMN healthy rerate. Seems logical, are trees going to start growing leaves in the ground and roots in the sky too now
I like him, he helped me get more shares on the cheap again. :)
tis why my bonus has just helped me trans another tranche of shares this morning.
European is flat at 62.75 according to the link, Thank you Loud
Predominantly for now its about steel demand driven vanadium, of that it was forecasted to already be in a deficit for longterm and therefore vanaduim was already forecasted to rise steadily for the next couple of years. The Ukraine situation has panicked commodity markets but supply issues will lag a bit behind this, so the full pricing picture we will need to wait for. My guess is Vanaduim demand will rise, the cutting off or reduction depending on geographies announced yesterday of Russian energy will like push renewables both increase in steel to manufacture the production side and also what we hope for here large scale VRFB storage. Defence spending is being increased in certain countries which will be a need for very high quality steel further adding demand pressure. And finally China are pushing new infrastructure projects to bolster its growth. Obviously DYOR or correct me if I have said anything incorrect
yeah end of April early May last year was the Q1 trading update and June month end was the year end financial results. seems plausible to follow that structure this year too.
Very good point, even without the short supply shock from this tragedy unfolding the Vanaduim supply was meant to be in deficit. Honestly 100kg isnt a long shot when you look at the increase in high quality steel for defence and panic divestment from fossils. Luckily for some reason the SP's not massively reactive, not sure what else the markets pricing in as a risk but its going to be hard to ignore when results come in with jaw dropping earning near to its market cap.
Ill take it, stay right there or lower until i get paid. ill buy 5k more while the market remains irrational, thank you
I agree Share, however with the rising prospect of increased earnings and free cash flow the raising of debt and capital is a lot less likely as retained earnings can fund future expansions. Long term better leverage without debt, earnings without debt expense and value for long term holders not being liquidated.
Not sure how the market works out Mcap but this price is ridiculous, hoping i can snap more up at the end of the month sub 15p.... Might make up for me trying to hedge Russian invasion before the attack in a gold/silver miner called POLY, only to not research the mines were is russia. I can whole hearted say i understand DYOR now
Sold my Shell and BT to grab aload more shares, i know its good to balance portfolios out but mine is 55% in here now and i am happy with it
Looking at the results and adding both Vanchem & Vametco production * cost per kg averaged and then minusing it from the actual sales * average price which is around $33/Kgv. I am getting sales of 109362 - 93694 = 15667.2 operating profit. I know theres tax, depreciation, interests, amortisation and one of impacts needed to be deducted but thats over 15% operating profit on a growth stock thats undergoing significant production ramp up. what did the market not like or am i incorrectly calculating this.
It is positive news but it is YE results date for them around this time why wasnt this a memo or paragraph on that published. last year 27/01/2021 was the last one. This could mean they are delaying results which could be a multiple of reasons why, this could be wrong but the major risk still remains on generating free cashflow to fund the business. The risk still remains and this new tech and research is a capital intensive thing. So everyone is aware i am not holding at current but am waiting on the year end results to reenter possibly, my preference is the share price increasing on good financial news
In the same boat as you Knut. V price up again in Europe yesterday closing the pricing gap on China so could even put pressure on their V pricing ahead of the infrastructure project, however bushveld remains flat with me having no funds to snap up more.
I use Hargreaves and they too have taken 12 hours for funds to be received - sometimes before they allocate funds they can give you available amounts to invest ahead of time for some reason unknown to me. is there two balances?
Trying to liquidate my holding ahead of im guessing the results at the end of January if i can only find the demand for the shares, have a sell order in now. Wishing all current holders well and I will be watching on the side lines, maybe they will communicate the position of the company better in the results.
Olive thats not ignorant, I hadnt thought of that and actually Lloyd probably is right. did some research on hargreaves fund statements and bushveld doesnt look to be holding in the ones i spot checked. Apologies for misleading the board on this
Looks like theres come large holders of this share, Hargreaves owns 20% stock so some encouraging signs not sure how long they have held this for but clearly some asset managers are noticing the undervalue and upside too. This was taken from the Bushveld site link below
https://www.bushveldminerals.com/capital-structure-shareholder-information/
Holder Shares %
1 Hargreaves Lansdown 249 650 661 19.82
2 Interactive Investor 223 863 869 17.77
3 Halifax Share Dealing 131 536 127 10.44
Vanaduim cost of the business is 24-27$/KG in the last trade update and they are averaging 35$/kg also on sales. As long as they just meet production I cant see how the shares wont reprice, either that or im buying another tranche.