Member Info for RichKen

Ladies and Gents, as you come home from work today please do look back at the discussion and analysis that took place between our two technical analysis sleuths.

They continue to extract more confidence in our unfolding picture. The depths of this research will be confirmed over the months ahead and ensure of growth will be unlocked based on the huge cash generation from our mamouth vanadium reserve.

In excess of 1,350,000 tonnes of Vanadium to be mined over the years as required. Current asset value circa $114 billion!

So please go back through today's posts and enjoy your reading!

So having worked on 751 mtV for the last 4 weeks, deliveries are pointing towards 801 mtV (Ophidian is at up to 813mtV).

So 801 mtV - at $112.4 quarter average and $35 all in production and tax costs would give a net profit of $45,878,076 and in £35.3 million for the quarter.

Would that please anyone?

Sorry having spent 5 minutes creating a chart on the display - on posting it just put it all the first character point - grr..

There is, of course, no reason not to expect one of the many due RNS's in the morning. We have seen these so called codes before and nothing. But we are getting very close.

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Wow someone found some money down the sofa - up 6.41% currently and rising?

I see we are going up again at 0.9% looks to again be more buying than selling still.

Ophidian - Been busy for 2 hours!

This must be the statement of the day!

"Oh happy day. The investment I knew was my best ever just hiked a couple more pips on the absolutely nailed on you must be bonkers not to be in it up to your eyeballs scale."

You are bordering on being as excited as I am!
I am running out of places to dig up funds to add into this beauty!

The beauty is about to become a beast and every eyeball will be popping out!

Over 800 mtV that would be incredible. If every shipment from 2nd Nov 18 to 26th January was produced in Q4 based on 52% shipped that would be 801 mtV.

Hopefully this time next year we will be doing the calculations on how close we are to 1250 mtV.

Off to do my other work....

Uncle John and Yachty,

One of the key points with our current valuation will become much corrected once the full year's accounts and numbers are made clear in terms of revenue and profit. There are more private investors than ever with exposure to Bushveld Minerals thanks to this board and the enthusiastic sharing of information to our own circles of friends, families and investors who actually do research. The exposure is growing all the time. Of course, a major BBC news flash saying that Bushveld Minerals is the best investment that anyone with any money spare should invest in immediately as they will be on to a sure thing would be amazing. But it is not going to happen!

But those who need exposure will flag it up with media coverage from the annual financial statements as this will be big news. This will likely become evident in March.

Cheers, RK

Thanks Yachty. I love your inside line from you Vametco sleuthing!

I still don't think we will exceed 793mtV though, but he higher that Q4 production number the more encouraged we can be.

Thanks to Paludina for pointing Ophidian to the Vametco Export ratio's (based on 2017).

Just to help people who have not followed the link:

Vametco Production was sold based on the following:
United States 52%
Asia 18%
Europe 16%
Rest of World 7%
South Africa 4%
China 3%

Cape Town Mining conference sees significant increase in demand at 121 Mining Investment Conference in Cape Town

Monday 4th February & Tuesday 5th February

The organisers of the 121 Mining Investment Cape Town have been forced to extend the opening hours available for companies to meet with investors due to amazingly strong demand.
Over 450 investors have registered to meet with the 115 mining companies which are presenting through the one-on-one planner.
Each company now has 18 meetings on average meaning it’s going to be a gruelling two days of back-to-back meetings.
Luckily the event is located in the historic and beautiful gardens of the historic Welgemeend farm house on the slopes of Table Mountain close to the infamous and somewhat overpriced Mount Nelson Hotel.
The organisers have already extended the meeting schedules by another two sessions per company and this may be extended further to accommodate investor demand.
Sign up at: https://www.weare121.com/121mininginvestment-cape-town/registration/register-investor
The 121 conference is by-far the best event in town!

Vanadium Price:
China Ferro Vanadium 80% FOB US$70.8/kg vs US$70.7/kg

Sorry Ophidian, you are of course 100% correct Nitrovan!

Our range of 725 mtV to 793 mtV is certainly where we will be.

The closer we can get to full capacity of 937.5 mtV per quarter based on 3750 tonnes per year would be amazing.

But we must remember 2 weeks shut down for Christmas and maintenance so a potential maximum would be 11/13 (weeks) of 937.5 which gives 793 mtV as a quarter maximum.

Hi Alastair,
We have had no news from the management team yet, but do remember from Paludina's shipping report in January we have shipped to the United States 188,795 kilos of FeV at an average price of $92.35 per kilo bringing a turn over of $17,436,02.00 - which equates to a net profit $7,593,784.50 based our 74% ownership. This excludes any delivery to any other clients.
This news is in itself very good indeed, as all this would surely have been produced in Q4?

You can be sure that we will certainly have some news on the 5th and 6th February as Fortune is presenting in Cape Town. So we will be learning something more!

Cheers, RK

Vauch, if I was in the position Bushveld were in I would consider building a considerable stock and be supplying to my most important market. The price is sure to rise as the year progresses so it would be a very prudent consideration. This is the most quiet time. Especially in China. So stocks that would normally be heading that way could easily be accumulated. It would appear from Paludina that the price is still holding up in the US compared to the reports of Chinese prices. As a major supplier we are in the driving seat. Not this is also a very good reason to hold back increased production news until required.
Only thoughts.

The early discussion with BBN today and Ophidian was very helpful indeed. Definitely worth a read if you missed it.

Thanks, Alfa for the pinpoint breakdown of the resource.

This detail shows the monster resource BMN truly have. This is enough for the demand required for the steel industry and unlocking the even larger opportunity which is Vanadium Redox Flow Batteries.

I still find it incredible to think what Fortune and Mikhail repeat that the Bushveld Energy valuation will be 10 times that of a pure play vanadium miner. All for 39p today. Or for me an average at 9.6p. I might need some smelling salts in a few years time!

That is a good start!

We are entering the good news season and RNS's will be inbound soon which will open up the facts.

This board has turned back to what it is famous for extracting the potential for BMN! Teamwork at every level and helpful to any new investor.

Just one other point if you need to do more research try:

https://thebushveldperspective.com/start-here2

or you could try:

http://www.bushveldminerals.com/

Ah Yes! We are also Africa's answer to Sirus Minerals! Now when you think about that point so we can supply vanadium for enabling the power for Africa and we can supply the Phospahets to fertilise the land to feed Africa.

Oh and if we were interested we could sell some iron ore to help build Africa.

Roll up roll up - 38.5 pence for £10 notes now available here. Would you? Could you? Really that much?

One could say that Bushveld Minerals is quite a good investment potential???

As one might say - DYOR....

I like that SOTRR - BMN is the Vanadium OPEC!

Thanks, Ophidian! That makes sense now! I miss read the context of BBN's reply to CC. I had worked the figures before and thought I had missed something.

Still, 1,350,000 tonnes of vanadium that is a number one could share when people ask is Bushveld Minerals worth that much. That values the total assets at $114.75 Billion at $85 per kilo. Or £85 billion in English money. Just vanadium.

Current business market cap £436 million sounds slightly undervalued?

When you mark that up for the percentage additional revenue used in Mixed vanadium Electrolyte, then factor in leasing it, and then holding the asset value as the owner for future it makes a very good business.

Fortune Mojepelo and Mikhail Nikomarov please take a bow!

A nice thought for investors wondering if they have made the right decision to invest here? The probable correct question is have you bought enough shares?

I am sure this discussion has much to run!

Cheers, RK