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I have a friend who is vaguely interested in investing; every New Years Day I give him 3 picks that I think will do well for the year. I included Bushveld in '19, 20 and 21! I'm the jinx I think, they won't be on the list for 22 and hope we see a turnaround!

2021 results:

Next fifteen +152%
Sage + 42%
Bushveld - 54%

8's - 5's, what's the difference?
Ultimately; this is a superb long term investment but a crap short term one.

Almost 3 appalling years, in fact.
Who would've thought at the end of 2018 that the Vanadium price would crash, a Global pandemic alter our existence and The Bushveld Perspective disappear from our screens not long after RichKen did.
Crazy days...
But this is still an expanding company, no?
Either the market doesn't believe in Bushveld, or it does but can't be bothered to wait it out.
I hope my (our) judgement is proven correct in the long run for holding this share.

I think; general sentiment. A placing of that size, for a company that makes good profit every year and pays a rising divi.... That won't sit well with some, even if it is for (in West Country accent) The Greater Good.

It seems to have tracked back to the placing price, or just under. I should think a few holders have chosen to trade their positions to gain extra shares, wish I had.

Agree that this is a great buying opportunity for anyone with a view of 6 months +

Great link HS

I'm still here, and still hopeful. I originally targeted the middle of the decade when I began buying in 2017, I now think the end of the decade - the delay not all on Bushveld - but just the way this Energy storage is going to gather pace - get yourself on Twitter if you're not already, so much to read!

I think that 2025-30 here could be ridiculous if the company doesn't get taken out, and that's not really that far away. There will be bumps along the road but I look forward to a point in the future when our profits aren't just linked to the Vanadium price. GLA

No harm done Pdub

Pdub, you make some excellent points, I think your dig at me in the first paragraph was unnecessary! We have every right to speak of the good and the bad and I did that throughout my post.

As BMN holders we have become used to difficult times, and with all the facts (and recent history) I think it's going to be a grafting 2022 to set up a hopefully excellent 2023 and beyond.

I was pleased with the recent production report, glad to see some stability in that department. I have strongly criticized the company on that subject in recent months, and equally; I congratulate them on a good update.

Things as they are though, it could be potentially another tough year in this one I think - and hate to say it, but more patience required from all of us.

We just have to hope the Vanadium price is reasonable as the margins are very fine right now and that Vametco doesn't throw up any nasty surprises. And if it does, hopefully these are evened out by pleasant surprises on the energy front.

Once the electrolyte plants is up and running it's a whole new ballgame, I've lost touch slightly but believe the best estimate to be about a year from now hence the title of this post.

Very best of luck all holders and let's hope our patience will be rewarded

I think if Duferco had plans to hold any length of time then the 6-months lock in would still be in place, so that the public knew this and all parties would benefit.

It could be that they plan to sell some and keep a portion, but gut instinct tells me they won't. Can't wait to see the back of them.

Ukog had its moment in 2016/17 and that's it. Some people got rich off it that Summer that this company released 10 RNS' in 12 weeks all saying basically the same thing: Oil shows at BB, further oil shows at BB, equipment arriving etc.. But it's a dud, a series of costly failures and now all this Turkey nonsense to keep the lights on another year or two. The world has indeed moved on and it won't be long before relieved councils are no longer obliged to green light this rubbish. IMO DYOR

I said a long while back that the two of them had fallen out. Despite the pandemic, there was no excuse for them to never be seen interviewed together on zoom and the disappearance of MN from the public eye I has not exactly gone unnoticed on this board.

Let's hope that the two of them have reached some sort of truce, and that they each realise that the company is worse off if one of them has to depart....

It is sad that a company that made $192M a few short years ago has turned into such an expensive train wreck for holders.

I keep telling myself that they'll turn it around and I've always maintained I'd hold at the very least until their 8400mtV production target. My confidence that they will ever get there is starting to wane somewhat. I have time, unless bad luck strikes, and I have patience, but with this share there always seems to be something, doesn't there?

Eskom? Pfft, train wreck. Mikhail.. Who? How long till the next strike? Vanadium price - unpredictable. Company PR - Poor. How long till the next unexpected shutdown at Vametco? Timelines, don't believe em. This is the Gazza of shares... All the talent in the world but ultimately; probably gonna let you down in the end.

I think I really need to consider my position here carefully :(

Sorry for the rant. It just seems like here it's always 'next year' and I'm now thinking 2023 at the earliest for good things, and as BBN said on Twitter; alot has to go right in 2022.

I think/hope it will get there, that's why I'm still here. The near-term problem that I see, is that investors have been stuck in for a long time, so when we see progress, 20p/30p etc, good long-term investors might be tempted to reduce or even exit because they are sick of the sight of this. I hope that they, and I, can find the patience to see this through - because it could still be a generational find, in the end.

Excellent post Cindercone. To think that Musk would bother spending his time attempting to sabotage a technology which is going to have such a small percentage of the market (at this time) is madness.

I said it before come out we are stuck between a rock and a hard place. The rock is AIM PI'S who want to be rich tomorrow.... Sorry, we don't offer that anymore. The hard place is institutional investment, dividends and the main market... We are a fair way from there still too unfortunately.
Bushveld is going to have to do things the hard way, making the money first... Because the market either doesn't believe it will, or doesn't have the patience to take a position and wait.

Driving costs down is the key (company can control this) and will come with increased production.

Vanadium price. Well, it's unpredictable isn't it? Always has been!

I said this before about expert predictions and jolly well got shot down for it.

He was just a Richken in disguise I'm afraid.

I'd rather hear from Sanchez actually. Good and balanced views.

JC 130

Near-term, the Vanadium price going up and hard proof of meeting/exceeding production targets should help.

Sentiment is a weird thing though, a lot of people are still out there chasing pharma stocks etc.. it could return anytime, and I would not want to be out of this when it does.

However, nobody wants it at 11p, which is a sad state of affairs. Anything bought now will do well in the long-term, won't it? Surely? But it's Human nature to want the best price, and the way things are going; why buy now when you'll get them for less tomorrow.

There are trolls on virtually every chat Larky. Boredom and bad sentiment have killed this room, it's a waiting game here now for a while.
Looking forward to hearing about production volumes from the company and hopefully this Autumn up tick in Vanadium price that I keep hearing about.

Hey Alfa. Thanks.