Member Info for raffym

Wow - people sold today at 21.55 in a panic because of an allowance for future share issues after 8th August. Before that AGM the Q2 figures for BV should be out, which may boost the share price and/or trigger new broker valuations. Ah well - there loss not mine.

https://www.investorschronicle.co.uk/shares/2018/07/11/bushveld-minerals-obscured-potential/

"could generate at least $100m cash profits"

"happy to wait for half-year results for a real sign of Vametco’s earnings before second-guessing house broker SP Angel’s 25p"."

The 21st November 2017 RNS has obviously been superceded by the 31 December 2017 RNS, which states VRFB commissioning expected to commence in the first half of 2018. Look at the dates - can you see that the 30 Dec 2017 RNS is newer, and therefore more up to date, than the 21st Nov 2017 RNS.

nvhltd - As a shareholder you best get down to the next AGM and propose that the board is sacked for poor performance.

It has been commented in the past that MM's have marked down the price as they are expecting T20's to be cashed in, although in fairness its only a short term markdown, and Knuttie has always signalled that he is not going to cash them in, so no long term damage, however it does look damaging at the time. Long term they have no impact on the price, and long trerm is my strategy, so I'll move on from this.

Yes - I always wonder why the T20 fellows are always congratulated for supressing the share price.

There could also be traders who feel that we’ve reached the top of the current wave, and we’ll probably drop a little before we start the next wave, which is when they buy in again. 200k shares sold at 25p and rebought at 23p gives a nice £4K profit. Yes, news could drop anytime, however all rises we’ve seen so far appear to have been deliberately throttled, and there are plenty of opportunities to buy back in long before the price reaches the top of the next wave. I suspect some me of the Lth have a large core holding to cover the life changing price changes, and a smaller trading holding for fun.

https://bit.ly/2J0i1c2

4 million dollars a week! Thats $2.3m for Bushveld every week!

Whenever I want a laugh I always reflect on this TW quote from November 2017.

"Bushveld has an insatiable appetite for (other folks) cash and is nowhere even close to generating any cash itself"

https://*********************/views/32974/top-broker-calls-bushveld-at-7625p-down-to-2p

RNS - selling could have been warrants

this is going to go through a controlled re-rate of a few % a day like it did earlier in the year. I hope so!

Whether you consider P/E ratio or EV / EBITDA I still cannot get my head around why we have such a low ratio. Assuming a low $30,000 profit per tonne it works out as ~3.7. We should be at least double that, or more realistically treble that.

If you assume $40,000 profit per tonne then our current ratio is ~2.8

Given our prospects our ratio should be much higher, suggesting that the company valuation by the market is purely based upon buying pressure, and not on fundamentals. The price was dropped to stimulate buying, and release shares for those buyers.

So why is the buying pressure low - SA, broker ratings, mining charter, poor PR. Hopefully at some point this will turn and buying pressure will increase significantly. The information about BMN is out there, just not many people seem to read and/or believe it.

Tando Resources. Early stages though. https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=4&cad=rja&uact=8&ved=0ahUKEwiIyurRsuLbAhWJa8AKHcg_CvUQFghBMAM&url=https%3A%2F%2Fhotcopper.com.au%2Fdocumentdownload%3Fid%3DuOMxKKzFkiWRTLKhOROKAxjvTDYC6wa8zBCZtPl2ke92GA%253D%253D&usg=AOvVaw0naZASe7T1XaBrYP2T4HSS

Sorry - Earthling not Earthing!

Hi Earthing. It amuses me because research suggests that share price enhancing news on multiple fronts could drop at any time, consequently if you intend to invest long term and hold out for a lower entry point news might drop thats results in your entry point actually being significantly higher than the current share price. Its not a gamble I would take. However if you are trading between highs and lows then obviously the name of the game is to find the lowest entry point you can. Good luck whatever your strategy is - hopefully we'll all be rewarded soon.

Each to their own, but from my perspective it does amuse me when people wait for further drops before taking a position. We have dropped already, and it will not be long before that drop is reversed.

Similar to Pdub - bought in at just over 4p, watched it go down to sub 1.5p but stayed invested. I differed in that I didn't have the confidence to buy more until it was back into the 8's so my average now sits higher in the 6's.

I was hit by IR35 and paid - When the load scheme was offered to me I immediately thought that there has to be a payback day one day, looks like now is the time. Offshore loans were tax avoidance, and the Gov needs tax receipts - so I think its fair to make the tax avoider's pay up

There are 20 million warrants, which compared to the 1 billion shares in issue represents 2% of the shares in issue. Do they really have that much impact?

Not me as I might add - but someones probably complained about the irrelevant football chat.