Member Info for Ninvestor

The falling SP in my mind represents a solid buying opportunity. I'm building a separate holding at a higher average, such is my confidence here and also due to poor performance from OEICs that I'm now drip feeding into BMN.

How many AIM companies can you name that have shipped $12M of their product to the USA just this month?

The current price represents excellent value just for our Vametco output IMO. I'm looking forward to a more appropriate P/E for Bushveld in 2019.

Good weekend everyone.

Thanks RichKen.

Thanks Uksteveg. I believe that many PI's will wake up to Bushveld, particularly in the 50. AIM is seen as dodgy by many, so being up there does seem to remove some of the perceived risk. Lack of stamp duty and fast growth are all part of the attraction. I hope the company chooses to RNS the result, or at least recognise it on Twitter. These things are all part of the development. I'm thrilled with my investment so far, looking forward to the FY results in 2019 following on from the excellent September interim and shipping log information. GLA

good timing reteps :)

Rightly so Rob, pleased for them. ATB

Couple of new tweets....
https://twitter.com/BushveldMin_Ltd

Thanks Alfa.

Also, for trade analysis:

Bought 5982 BMN - BUSHVELD MINERALS ORD GBP0.01 at a price of 43p (10:05AM)

ggggareth. There was a link posted here this month with a bar chart for each month this year. From Paludina surely. I can't seem to find the page on TBP for it, I think it was about 11M worth already in November.

Alfa, can you help with the link please?

I dunno Nick, if everything on your list is RNS'd Friday morning and Largo burns to the ground the same day, then we could have a crack at the FTSE 50 by close ;)

'Security have removed two men for going round looking at people's feet'

I would say that BMN is pretty Brexit proof bmnfan. Also, the markets have corrected this year. Plenty of perfectly good FTSE 100 companies have shed 15% or more. For better or worse I xant wait till it's over, sick of hearing about it.

Next few days and weeks should be very revealing. It wouldn't surprise me if something totally unexpected turns up, Bushveld always seem to be a step ahead, who knows what could be brewing that we're unaware of.

yes please alfa.

Agreed RK. Thanks Ophidian.

Hi Ophidian.
If you don't mind me asking, what average feV price did you use for 2019 in your calculations, to decide 176 by year end.

Thanks.

Don't worry wisebadger, I was banging this drum last month. If you go on ADVFN/telegraph shares etc.. or any other hub they're way behind the game. When the FY figures are released and these places catch up things will look as they should. A quick glance at that P/E and PI's might think we're a placing ahoy AIM tiddler.

Can't be bothered to click the link tbh, but when the FY figures are out and we have a P/E of 10+ they might wish they'd nabbed a few in the 40's.

From Interim results RNS in September:

During commissioning of the VRFB, a performance issue was experienced, and initial assessments confirmed a vanadium electrolyte constraint. As a result, the battery was not able to meet the specified operational performance. It was also determined that it would not be possible to resolve the constraint in South Africa at this time and a remediation strategy was immediately implemented. The remediation includes the provision of new electrolyte and hardware for the DC module of the battery. This will allow commissioning to resume and be completed in Q4 2018. The Company will provide an update on progress in November 2018.

Looking forward to further information on this. ATB

Most people who've played the AIM game have seen a few games in their time. For anyone reading this who found today tough and is questioning their holding (I'm sure there are countless PIs who read but don't comment) - please find Paludina's recent comments about shipments for November. That is all you will need to sleep easy. I'm buying tomorrow :) Night all.

Yes please Alfa, much needed after today's action!