What will BMN bring this year?3 Jan 2019 21:19
This is an incredible growth stock for 2019 with potential uplift of 400 to 500%. This is not just a figure plugged from the air this is based on the following key growth factors:
1. Bushveld Vametco will not only reaching its current throughput capacity of 3700 mtv in the first two quarters of 2019 and then with the plant upgrade to 5000 mtv in the second part of 2019 is moving towards completing early. This could bring a target for 2019 at around 4000 mtv.
2. Operation costs including taxes for Vametco coming all in at less than $35,000 per tonne with selling prices likely to be a minimum of $85,000 per tonne rising mid-year with increased demand to $125,000 to $150,000.
3. Bushveld Energy will confirm the construction of the new Electrolyte plant which will produce up to 1000 MWh of electrolyte from their own vanadium. In phases from initial production of 200 MWh.
4. Bushveld Energy will confirm supply contracts with their VRFB partner's supplying companies in South Africa
5. Expect to see the confirmation of mining at the Brits from 3rd quarter of 2019 with supplies into Vametco which is only next door (just over 1000m away). It will become a continuation of the existing mine.
6. Expect to have confirmation of an existing Brownfield site coming under the control of Bushveld Minerals which will give additional capacity for processing up to 10,000 tonnes per year.
7. News when the Mokopane Licence arrives has potential capacity in the long term produce 20,000 to 25,0000 tonnes of V205 per year from the world’s largest high-grade resource.
8. Lemur Coal asset, the company is maximising the asset value for this project which will supply into a joint venture power station in Madagascar. This asset which is not a core part of the business is likely to be floated or sold depending on which will create the best cash return for Bushveld Minerals.
9. New partnerships being confirmed for VRFB and Electrolyte Leasing agreements potentially being brokered by our new broker BMO.
This company will grow very quickly, and revenue income will be incredibly strong indeed going forward and this will reward very well those who invest here and stay over the years ahead. This is certainly is not a trading stock. It is a phenomenal growth investment that even from here will reward new investors very handsomely.
2019 yearend likely to be £1.60 to £2
2020 yearend likely to be in excess of £4
2021 yearend could be around £8 to £10
Expect dividends going forward of 3% to 5% per annum per share.
How much more do you need from an investment? Very good reason to Invest.
Sorry to post again, but this is our future roadmap.
Cheers,
RK