Great Post Richken2 Jul 2018 21:55
There seems to be a flow of red on the last trades going through. If people hold in there they will see a huge profit. I hope people are not tempted by the roller coaster which is that oil exploration company in the Weald basin. They went from 1.1p to 11p and then back down to 0.9p and now rising again. But they will never be the investment in terms of gain or return that BMN will be, that is for sure. Oil is not in constrained supply. Vanadium is, and the profits here are going to prove to phenomenal! The supply of this precious mineral come November is going to be so in demand. Then as the VRFB market starts to go we are sitting on a mineral which will be worth over $100,000 per tonne and in 2 to 3 years we could be processing over 10,000 tonnes per year. The end of next year we know that our fantastic board of directors will yet again be telling us the expansion has been completed on schedule and on time and we will be processing 5000 tonnes per year.
Then we have the mining license which is due very soon from the Mokopane site which holds one of the largest high-grade vanadium reserves on the planet.
Then we have an electrolyte plant in build to produce the electrolyte for the Vanadium Redox Flow Batteries which will bring incomes likely to exceed those of the selling of the mineral itself.
We have Lemur our coal asset, which in the developing world is still a very hot material for power generation and that is exactly what Lemur will be doing with our asset.
It is hard for any of us to see where we will be in 3 years time with our SP.
But over £3 should be easy, but how much more after that is the million dollar question. £5 maybe even £10.
The world needs this precious mineral to meet construction demand and for energy storage like no other. We, Bushveld Minerals are in the driving seat.
If you are reading this and thinking is this company for real, then do some research. It really is. It will be a life changing decision. But be patient, this is not your normal AIM company!
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