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This ongoing short battle is tiresome. The vol of blue dots on Alfa's graph overnight show the belief in the company. Is a neutral position and making their money on spreads too much to ask for!
Alfa, if you don't mind, in your opinion how long will it take for this rubbish to play out? Thanks.

Chinese elevators and escalators are playing with people's lives from what I've seen on Liveleak.

Very good chance 50p is breached early, can't wait till 50 is merely a base for BMN.

I don't think so in this case Mr Knowall. The difference is that HH has flowed before and many tankers have been reported heading for the refinery. BB went wrong from the start (sidetrack/cement job etc) and I/we just didn't want to believe it. My problem with Ukog is nothing to do with HH or the recent SP it was the 10 ramping RNS May-July '17 and what followed including the crash and death spiral finance.

Spurs hasn't heard of Minty by the look of it.
To be fair though, history suggests that 0.79 is a good entry point here to turn a 25% profit in short time on no news. GLA

When DL starts ramping Ukog on Twitter it's the time to buy in, when he goes quiet it's time to sell. That man made a fortune on the journey from 0.95 to 2.5 in about 10 days over the summer.

Is quite a number psychologically, I wonder if we'll bounce back off there another time or two before moving up for good. Thoughts?

Haha. Well done for owning up HD

'and if they see that the price can drop 30-40% at the drop of a hat then their models will disappear up their own backsides.'

Quote of the day Daisan.

From a mining perspective the volitility is a problem, but just think how BE can build the price swings into their pitch for potential customers in their future VRFB leasing.

Thanks Alfa, very busy first hour!

Nice one Nick, also our new broker who we'll no doubt be hearing from at some point.

Thanks Alfa, watching with interest as this unfolds.

Alfa, given your 50p prediction, do you think our MM has cut the short and gone long? Or could this be a medium term plan with another walk down attempt? Thanks.

I have 24/12/18 in my mind Serenus, not official though.

It's certainly one of the few Hussain. It's keeping my portfolio propped up I can tell you - the rest of it is a bloodbath, except the TBailey Evenlode fund which has weathered pretty well.

Does a bear ~~~~ in the woods Insidious? This and Gwmo are the dogs of the year....

Sadly I own both.

Seller cleared or a spike to try and get hold of some shares?

Nice comment Pdub, always thought it was interesting your view on SPANGEL being correct in a few months. I am eagerly waiting comment from the new broker, given the distance between ARC and SP.A at present.

Best.

Bless you Alfa and good luck.

I'm hoping this will be like a couple of months ago when, after the strike, we were stuck in that 26-28p range for a while till it took off.

Maybe the next re-rate wont stop at Fifty English pence.

"Preparatory work for the completion of battery commissioning for the deployment of the maiden VRFB from UET with the national utility, Eskom, in South Africa recommenced at site and is due to be completed before the start of the South African holidays in December 2018."

"A remediation strategy was implemented in August 2018 to replace the electrolyte and certain contaminated components of the system. Site work for remediation began in October 2018 and commissioning restarted at the end of November 2018."

Very much looking forward to hearing about this.

I invested in Bushveld purely for Vametco initially, like most here I still feel we are undervalued in the mining sense but as time goes by I find myself thinking about BE more and more. I'm trying not to(!) .. As there are so many 'ifs' and 'buts' but the potential P/E ratio here could be just off the charts if things come together as hoped. I don't know how the market will go about it's valuation, I can't think of anything comparable. There are some companies (other sectors) which I've looked at that have P/E ratios between 40-60 that have 0% chance of developing like Bushveld.

Also, from the same RNS:

"Discussions with potential electrolyte customers ongoing with Bushveld Energy expecting to supply samples in coming months."

This is just fantastic. Unlike the standard jam tomorrow AIM jockey lifestyle rubbish, Bushveld have always been a company that gets things done (IMO) - difference now from when I first read about them is they're so flush from Vanadium sales that they have the clout to do so much at one time/without dilution/without building debt.

This is still a fantastic investment at 40p just for Vametco (IMO once again) - looking at Brexit shambles, Tory infights and weak Labour alternative I don't think any deramper can play the political stability card really.

RichKen, I don't know if BMN will trade at £2 by Christmas next year, but if we're even halfway there I'll be very happy.

Good Sunday all and will look back in for TBP new article later.

GLA

Ophidian, I echo the thoughts of those below and hope that you don't hold back with your reviews.