Member Info for pb940

He was conversing with someone in a thread and replied under a different name, then immediately posted saying that the reply under a different name was him.

When people questioned having more than one user name his justification was that he has different names for different shares.

End of week and end of month trading as well daisan

That's alright, they're not getting any :)

trolling?

Ironically the best way they could get their money back gambitxjs would be to buy and keep Bushveld shares.

Hopefully Bushveld Energy news can't be far off SOTRR with the new website incoming. As much as this shorting episode has done my head in it appears to have produced a positive reaction since they got greedy and tried pushing the sp below 20p. Numerous RNS's from Bushveld and now a new BE website on it's way which I'm very intrigued to see what that side of the business will bring to the share price.

Be a shame if you don't post knuttie some of the stuff you say makes me smile and sometimes laugh out loud.:) Maybe count to 3 (or 100 if you need a bit longer) before getting sucked in by the antagonistic posters in the future.

And now the price is going up like SOTRR says all of a sudden the amount of negative (sorry balanced) posters has dropped off a cliff meaning you're less likely to get yourself into trouble.

Must admit I was having to post a little less as well and bite my lip with the incessant posting from them. The amount of times I wrote a response and then cancelled it rather than post just so I didn't get embroiled in a pointless argument was quite a lot.

“Given the recent offshore discovery and the imminent withdrawal of the MPRDA Amendment Bill, the Minister is likely to come under pressure to produce this new legislation as a matter of urgency,” he elaborates.

Although the withdrawal of the MPRDA Amendment Bill is said to be a positive step for the mining sector, it must still be fully withdrawn by Parliament.

Moreover, under mining, the publication of the final version of the new Mining Charter in September last year provided some regulatory certainty, but Leyden says the Minerals Council’s subsequent court application to set aside certain provisions of the charter will “likely necessitate further discussions with the relevant stakeholders”.

Although a negotiated outcome is generally better than one determined by the courts, Leyden highlights that Mantashe has “made notable progress” in repairing the department’s strained relationship with the Minerals Council.

However, he warns that the Minister will need to continue active engagement with communities, labour and other stakeholders to regain their trust.

Initiatives aimed at attracting investment into exploration and greenfield projects are, meanwhile, cited as critical if South Africa’s mining sector is to avoid being labelled as a “sunset industry”, Leyden says.

He further highlights that, despite the Minister having made significant progress in respect of rooting out corruption and maladministration, he will be required to do further work to ensure an administration that is efficient, transparent and accountable.

Moreover, policies aimed at promoting the domestic beneficiation of minerals will likely remain key to the department’s goal of diversification and job creation, but these policies should not be implemented to the detriment of the upstream mining sector, Leyden notes.

It adds, however, that it does not believe the mining sector will grow under his leadership.

Intellidex further notes that, in respect of the energy sector, “he is problematic, given [that] we believe he is pro-coal and also pro-Eskom as a developmental State entity”.

It does, however, welcome the appointment of Deputy Minister Bavelile Hlongwa, who, despite being young, “has potential”.

Greenpeace Africa senior political adviser Happy Khambule, while welcoming the new administration, emphasises the “critical role” that the newly-formed Mineral Resources and Energy; Environment, Forestry and Fisheries; and Human Settlements, Water and Sanitation Ministries “must play in advocating and advancing our constitutional right to a healthy environment”.

It, however, calls on Mantashe to “abandon his previous defence of the dead-end coal industry” and requests that he instead focus on finalising the Integrated Resource Plan (IRP) and maximise the opportunities offered by renewable energy.

The IRP, the nonprofit says, must be finalised “without any further delay” and believes that it must include a coal phase-out roadmap and “initiate a deeper, faster transition from coal to renewable energies”.

“All artificial barriers and limits to the investment in renewable energies need to be taken away and the coal province of Mpumalanga needs to become a priority region for large-scale investments in renewable energy, together with the implementation of Just Transition programmes,” Khambule says.

The South African Photovoltaic Industry Association (SAPVIA) agrees that Mantashe’s appointment “comes at a crucial time in the energy space, with growing calls from citizens for policy certainty and direction that will meet with South Africa’s growing energy demands”.

SAPVIA, in pledging its support to facilitating meaningful public–private partnerships geared towards the country attaining sustainable energy growth targets, further says a continued commitment by government to stimulate growth of renewable energy will “provide the competitive edge [South Africa] needs to attract foreign direct investment and create jobs”.

DIVIDED ATTENTION

With the President’s decision to combine the ministries, Leyden warns that Mantashe will now “have to divide his time between the two sectors”, especially considering that the oil and gas sector is expected to see significant activity following a major discovery of gas condensate off the South African coastline earlier this year.

Under energy, particularly in respect of the oil and gas legislation, Leyden explains that, in advocating the withdrawal of the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill, Mantashe maintained that the oil and gas industry should be regulated separately from mining.

https://www.miningweekly.com/article/industry-generally-welcomes-gwede-mantashe-as-minerals-energy-minister-2019-05-30

In a move that has, so far, generally been welcomed by the mining industry, President Cyril Ramaphosa has appointed Gwede Mantashe as the Mineral Resources and Energy Minister.

This, law firm Herbert Smith Freehills director Patrick Leyden says, follows on the back of Mantashe having made significant progress during his short tenure as Mineral Resources Minister, in addressing several issues that have hampered investment into South African mining over the last five years.

“His decisive action in addressing corruption and maladministration within his department, as well as taking steps to promote regulatory certainty were positively received by both domestic and international investors alike,” Leyden explains.

As a result, he notes that South Africa gained twenty-seven places under the Policy Perception Index and also made considerable gains under the overall Investment Attractiveness Index in the Frasier Institute's most recent Mining Investment Survey.

Ramaphosa’s move to have Mantashe head up the broader mining and energy portfolio was also welcomed by Minerals Council South Africa CEO Roger Baxter, who says “the appointment . . . is a key signal of the seriousness with which the President is taking the restoration of investor and business confidence in mining and energy”.

In issuing its statement of support on Thursday, the South African Wind Energy Association (SAWEA) said that "the change somes at a time when the South African government has reiterated its commitment to clean energy with President Ramaphosa and [former Energy Minister] Jeff Radebe demonstrating that wind power is firmly part of the country's energy future, with the conclusion of duly procured power purchase agreements last year".

While the country’s energy mix transitions away from a dependence on coal to renewable energy, SAWEA believes that Minister Mantashe, with his history in the labour sector, can help smooth the process.

“We look to the new . . . Minister to take the lead in the energy transition to help ensure it is just and sustainable, with a focus on building a better energy system for the country, where the wind power sector can play an prominent role,” said SAWEA chairperson Mercia Grimbeek.

Financial consultancy Intellidex, meanwhile, believes the combination of the Energy and Mineral Resources portfolios is problematic, as it is likely to create conflicts of interest, but also “stretch the Minister” given the complexity of both areas, including issues surrounding State-owned Eskom and energy market reform.

Additionally, Intellidex laments the decision to retain Mantashe as Minister.

“The mining industry had called for him to remain but we believe only because it had built a working relationship [with him] and other options could be worse,” it notes.

It adds, however, that it does not believe the mining sect

I would love a big trade bassguy just so we could close this whole chapter and then the sp can get on with getting on :)

Think this is more likely shorters seeing the writing on the wall, with the V prices appearing to be levelling out and signs of a rise plus the update coming for the Bushveld Energy website which may be the portent of an announcement linked to vrfb's.

Weirdly while searching for 'vrfb south africa' info I found a link which is still pointing to the old website which has moved from .com to .adisol.co.za

www.bushveldenergy.adisol.co.za

Valuation
Our sum-of-parts valuation is unchanged at 45p. We will update our valuation once more detail emerges on the likely operating cost structure of Vanchem and timing of the proposed integration with Mokopane. However, our preliminary analysis suggests the NPV (inclusive of purchase cost) of an integrated Vanchem-Mokopane operation at 4,200t pa is likely to be higher than our current NPV estimate of Mokopane on the standalone 2016 PFS case. Moreover, Vanchem’s status as an established producer would greatly reduce the delivery risks attached to our Mokopane valuation.

http://www.bushveldminerals.com/wp-content/uploads/2019/05/Solid-2018-results-Vametco-reserves-double.pdf

With respect to low v prices if could we get some more concrete movement on the Bushveld Energy business side then that argument will become less relevant.

Time for Mikhail and BE to step up to the plate and take a few swings as Bushveld Minerals has been hitting it out of the park and needs a breather to catch it's breath.

Larryh, its the www.bushveldenergy.com website that doesn't appear to be available

Pretty sure I was able to access the site last week, oh well, wait and see.

Still saying 'server ip address could not be found'

See if it becomes available through the day