Member Info for Pdub

Wolfman_Jack there are a few countries where I would not be too keen to break any of their rules and regulations. China is very high on that list. Given the tough approach they have adopted towards polluting steel plants re enforcement I would be very surprised if they don't follow a similar path with regard to rebar strength. It just may not happen overnight. However pi's do seem to like having something to worry about!

As Nick posted earlier the vanadium market dynamics are unchanged and there is little to suggest an alteration to that situation in the near future. Vanadium prices are still much higher than most of us could have dreamed of back in late 2016 / early 2017, and Vametco will continue to make very substantial profits.

As production is ramped up at Vametco those profits will grow and I expect the share price to reflect this.

Some are forgetting the huge benefit of being a large, low cost vertically integrated Vanadium platform. It almost doesn't matter within reason where the sp goes. Higher and profits boom from sales to steel industry and perhaps down the line a leasing arrangement for VRFB customers. A little lower and steel industry sales are still very profitable but VRFB side of business gets a boost. Remember this is the genius of Fortune's strategic thinking - we seem to be entering a win win phase of the company's development. Clearly some of our seasonal visitors just haven't understood this. Perhaps even the slowest of them will eventually have that 'ahha' moment?

In my opinion 2019 may turn out to be the best year yet. I will reflect on that thought this time next year. When perhaps we have:

Dividends
Brownfield acquisition
Mokopane licence
5000 mtV pa at Vametco (huge increase from present rate)
Progress at Brits
VRFB sales?
Electrolyte production?
Lemur news
ATM investment news

If that doesn't get folks excited .....

All the above is just my opinion. Other opinions are available.

Regards. Pdub.

Larky I suspect there is a great deal of support for your opinion!!

Regards. Pdub.

Great story Olly4.

Welcome to bb and hope we here more from you.

Regards. Pdub.

https://www.vanadiumprice.com/sweating-bullets-about-vanadium-in-2019-heres-what-could-happen/

And those trolls do sound desperate this morning!

NMS to filter out the very noisy and desperate sounding trolls is very easy.

When logged in to LSE look above the Post a Message box and you will see a tab called 'Filters'.
Select that then type in the exact name of the target. Then select 'Filter'.
Job done and the trolls disappear.

It's a wonderful tool.

The great thing about investing in a company like BMN is that it makes life very easy. No work to do at all.

Find a good company
Invest
Sit back
Watch sp rise
Enjoy life changing benefits

Works for me.

In my opinion the future of this company is so exciting. I fully expect 2019 to be just as rewarding for investors. Can't guarantee that of course. Just my opinion based upon 5 years of research.

Patience is the key. Some just don't have it and will be forever chasing the next big thing, but will they even know it if they find it? Well BMN may just be that "next big thing" but judging by some comments on this bb there are some just too blind to see it. Oh well ...

And I have backed this up with money. Still holding and adding, not taking any of the large profit accumulated as I believe there is so much more to come.

All just my opinion of course.

I guess there will always be those that missed out and want to try to talk the sp down. Good luck with that one.

I wonder if any of those types are capable of doing a fair and proper valuation of a company?

Excellent summary RK.

Amazing story. So much potential for continued sp growth.

But those not in it won't win it ...

Haha. Quite possibly BB and maybe more ...

For me it depends on how successful the production increases are at Vametco in terms of quantity and time frame.
Another unknown is just how high the vanadium price will rise in 2019.
Then of course there is Bushveld Energy ....
A new brownfield site announement?
Attractive dividend policy for investors?
Progress on electrolyte production?
Floating Lemur coal project?
Rise in value of other investments?
Etc etc

Just might need to adjust that price target ....

And before any of the lunatic fringe start bleating on about the sp not being able to continue rising like that, well that's what some said at the end of 2017 ...

Perhaps Nick or anyone else could post a list of possible sp drivers going into 2019.

Share price growth 2017 = 357%

Share price growth 2018 = 417% (so far at 44p)

My personal target is only 75p - 1.50p but if the type of sp growth shown in 2017 and 2018 continues into 2019 I fear I may have to adjust my target significantly upwards.

That would be nice.

But to benefit from what in my opinion will be strong sp growth in 2019 you have to be in it!

I am!

In my opinion all indications are that the current market dynamics for vanadium that have led to the very high prices will continue for some time into the future.

That should ensure that the strong revenue and profit from Vametco will continue through 2019. I expect another very strong year in terms of share price performance.

Broker forecasts for BMN by SP Angel from late 2017 onwards have tended to be achieved within 3 - 4 months of target being issued. Current target issued in November.

Just saying ....

Current broker forecast from our very conservative SP Angel is 87p. Almost double the current sp.

Nice!

Recent quote from SP Angel about BMN in 2018:

"Bushveld Minerals is the second most successful share in the FTSE AIM All Share Index this year at 394% uplift and a market cap of £470m just behind Tern a cloud computing business at 622% performance and a market cap of just £35m.

This means that Bushveld has, in all probability, made more money for investors than any other stock on the AIM market this year in terms of value creation with exceptional strong earnings and cash flow growth."

Nice!

Yes we will

I am very well aware of that Rob. I am also aware of LSE rules about promoting other shares.

On a day when BMN sp being messed around with that is the last thing I want to read on here, especially as I do not hold ATM shares.

Not wishing to have an issue with this. Just requesting rules followed.

Regards. Pdub.

ATMA has its own bb!