Member Info for Pdub

You did Trevor and apology accepted. As I recall it was just once but at a time when I had decided to filter anyone that focuses on me and not the content of my posts. That is still my policy.

Although I disagree with your negativity re BMN I didn’t expect you to target me so it was a surprise and not typical so that is why I removed you from the filter list. I am not averse to robust debate … been doing that for years here … but only about BMN and not about me.

Trevor yes perhaps my wording was poor.. I did make it clear however that my statement was not only news already out but also forward looking. As I stated clearly at the end that post was just my opinion and unlike you I advise folks to DYOR.

It is my opinion that over 2023/24 BMN will be profitable. Happy?

I am pleased that you apparently agree with the other points raised but disappointed that you do not acknowledge anything positive about BMN in that post. That could be potentially misleading as I am sure you are aware. Lol.

I have removed you from filter for the time being so long as you do not resort to personal insults .

Alex that is exactly what FM had planned to do. Stability and staged expansion only when affordable from revenue. I hope the new CEO maintains that philosophy.

The investment over the last couple of years has been painful BUT was absolutely necessary and will bring long term benefits. Vametco was underperforming and needed upgrading. Vanchem purchase will prove to be the best move BMN has made in the long term and unlike Vametco is 100% BMN owned. The investment in switching from kiln 1 to kiln 3 was also essential. Indications are that Vanchem production is rising though that needs confirming in Q2 Update.

Much of the hard work was done under FM leadership. Hopefully the new CEO will continue the development of BMN and improve financial performance and share price.

Just my opinion. DYOR

So what have we got in terms of news already out and news flow over the next few months?

New Vanchem agreement has successfully reduced or eliminated load shedding. Remember Vanchem lost 200 mtV of production in H2 last year;which represents lost revenue and higher costs.

Vanchem production significantly up in March/April. Bodes well for Q2 production numbers.

Proposed refinancing agreement reducing fears over debt repayment.

Change of CEO. I will assume this is a positive given Craig’s CV.

Q2 results likely end of July. Hopefully will be very positive for Q2 and will demonstrate the success of the investment, particularly at Vanchem.

Electrolyte plant opening soon and possible contract announcements?

Minigrid in commission soon at Vametco reducing costs and demonstrating solar storage system.

Possible resolution of MUST Enerox deal.

I am hopeful also of an improved approach to PR that more effectively supports the operational progress of the company.

Hopefully a rising Vanadium price.

Profitability clearly achieved in 2023/24 and visible to the market.

Will the above and other developments raise the share price? Well if all goes well across all of those fronts, and no reason why it shouldn’t, then if AIM functions properly there should be a significant share price movement.

But this is AIM so who knows.

There are those who say that this operational progress makes no difference. I disagree.

Just my opinion. DYOR

Threeputt it still needs signing off, which it will be. As in golf patience needed.

This is the relevant thinking quoted in the Refinancing RNS by Fortune and that must be shared by Orion and new CEO otherwise package would not have been agreed on:

“ The new maturity profile is designed to allow the Group to repay the debt from internally generated cash flows in the years ahead as we see the benefits of our recent expansion plans at Vanchem come to fruition.”

Remember Vametco is producing at sustainable level already. New CEO is to focus on achieving same at Vanchem with consequent cost reductions.

Then again Marc there is the risk that the share price will rise significantly from its present undervalued level (in my opinion). There is always the danger that those investing at this level could achieve a very significant return on investment!

As always DYOR

Very very undervalued share Marc in my opinion.

Topping up as and when I can. Going to be interesting hearing what new CEO has to say, which he has promised to do after a couple of weeks to settle in.

Thanks for that ‘balanced’ opinion hxulcolrdoh. But don’t call us etc…

But seriously think about what you just wrote. The multinational finance company Orion with a multi billion $ turnover that specialises in companies like BMN in the renewables sector have agreed a refinancing package that effectively sorts out the short term debt issue. If these experts in mining finance believed BMN was ‘dead in the water’ there is no way they would take that risk.

Then there is the appointment of the new CEO with a very impressive CV. Again no way he would accept the role if he thought the company was ‘dead in the water’.

Just fantasy on your part, not to mention pushing Largo on the BMN bb which I believe is against the rules.

BMN is now in a stronger position than ever with the upgraded plants stabilising and increasing production, a new electrolyte plant about to open and a minigrid to showcase the solar battery concept. Plus of course the MUST BE developments.

All this against a background of increasing V demand from VRFB industry and a dollar rand rate well above predicted at currently 19.12.

Yes V price is very important but a steady and modest rise would do the trick, particularly in BMN’s main market USA.

Just my opinion. DYOR

Absolutely no indication that what will be voted on will be anything different to what was in the original RNS and confirmed in Final Results, just as I and others have predicted. Simply legal work etc to be done before the vote.

I hoped it would be in the AGM but clearly timeline doesn’t permit that.

Thanks faramog

Sorry broomtree but it’s a goodbye from me. I am simply not interested in your comments about me. This is the BMN bb.

And for the record I don’t feel “persecuted”. That is just nonsense. It just gets very boring reading the abuse, both for me and everyone else.

Filtered.

Now over 19

Good post Olly4. This grumpy old man still smiling. Life is very very precious and folks should enjoy every minute of it.

Broom tree after 10 years as a shareholder I am reasonably aware of pluses and minuses. Happy to read both.

However most that I have filtered recently fall into one of two groups:

1) Personal abuse targeting me.there is no benefit to me reading that nonsense so they are gone. That also helps everyone else by reducing the silly arguments.

2) Despite my request to not spoil just one thread where those who wished to thank Fortune could do so some chose to ignore that. For that lack of lack of generosity of spirit they are gone too.

A few have been filtered for other reasons. One is filtered for simply being a nasty individual.

I have no regrets whatsoever and the bb is now a much more pleasant read for me.

Others can agree or disagree. I really don’t care but I do recommend it. If you don’t like what I write then filter me. It works.

Nobby you have pushed your point too far. Trying to undermine positive sentiment due to a rising share price raises questions about motive.

Can’t be bothered with you anymore. Filtered. Some will criticise that but who cares.

Let me be clear … I am pleased by the recent share price rise. Long way to go? Yes. But my four recent top ups confirm my confidence in future shareholder value.

Green box again. Haha get a life which ever one you are. However big or small a rise is a rising share price should be welcomed by everyone. Any large recovery has to start somewhere so behave please.

Nobby the have been a lot of buys recently around or below 3p. Not sure those folks would agree with your comment about the recent rise.

As you say my dog is very smart and he says anyone who thinks a rising share price is irrelevant is barking mad!

I shall leave it at that.

Once again Nobby what is the point of your opening paragraph? Apart from stating the ble*ding obvious that even my dog knows …. The share price is down from last year??? The relevant point in my post was that since 23 June the sp had been rising. I thought you would be more positive or perhaps you would prefer a fall?

It is a small rise yes but any recovery has to start somewhere.

Super zero no one knows that answer. All we have is the following from the RNS:

“ Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage solutions provider, confirms that physical copies of the Annual Report and Notice of Annual General Meeting ("AGM") will be posted to shareholders who have elected to receive them, on 5 July 2023. A further announcement will be made by the Company once hard copies of the Annual Report and Notice of AGM have been dispatched to shareholders.”

Today is 05 July so my guess would be soon.

Also expect more from Craig after this quote from the video interview:

On the company’s vertical integration positioning, Coltman said: “For now, it makes a lot of sense. I have no reason to do anything different to it. My focus is going to be on the mining side in the interim. Fortune is going to be supporting me on the other aspects.”

Coltman will be visiting Vametco’s minigrid on Monday: “Give me a couple of weeks with my feet on the ground as the CEO and we’ll give you a lot more substance,” he said.

For those that have not seen the video interview and report with Craig and Fortune ( in case there are some that still don’t understand Fortune’s ongoing value to and role within BMN. The video is a must watch. Link is within the article.

Mining weekly 23 June CEOs article

https://www.miningweekly.com/article/outgoing-and-incoming-ceos-jointly-highlight-bushveld-minerals-2023-06-23