Member Info for RichKen

Fantastic analysis Alfacomp!
Sterling work my friend. This has been two weeks of real searching to get to the crux of what is going on.
I am sure your last paragraph with respect to the new broker appointment may well be a sprinkling of gold dust their global profile is vital and the tenticals they have should draw in global investors. At a time when Bushveld Energy are going to pick up and take the batton as potentially the larger revenue stream going forward the right promoters are critical. As we grow we should expect to have multiple brokers. It is also gives potential investors more confidence when you have multiple buy or strong buy broker ratings.
This is the point where the match is lit and the fuse wire is ready.
2019 we are going to infinity and beyond!
Cheers
RK.

Nick I think your growth rate will have you back at No 2 soon.
The key here and there are so many valuable posters who only get one or two recommendations when most should have 20 to 20 as there contributions are so helpful.
Keep up the good work my friend.
Cheers
RK

Fatbanker - you are so right over the last 22 months I have been invested and reading this board the high level on constant research, the newly found articles, the deep and well thought out research, and to be fair great encouragement helps any new investors to gain great confidence. It has highlighted to me over and over again the importance of detailed analysis and research.
It is very easy to repeat our fundamentals as they are so clear.
Many investors often buy in during high activity and often at the end of one of the step rises. This can often mean new investors then see short term losses as the SP drifts before the next rise up. I think your investment strategy has helped you by rinse and repeat strategies with solid research and holding the majority of your holding.
This clear way helps increase your holding over time. 2019 should as well documented give us a very considerable rise. However it does not mean that it will be a daily rise. It is clear that assending wave forms are a very real in any growing investment.
This is surely the most amazing and undervalued share on AIM and with a global broker in place the rocket ship is prepared for a monumental lift off. I still think in 2 to 4 years time many investors will wished they had remortgaged there houses, sold their aunties, and borrowed everything they had to put in this incredible investment.
Exciting times and now we are looking stronger than ever.
Cheers,
RK.

Ophidian - I do hope so. All your time and carefully analysis should show its hand again.
I am ready to finalise my AM Vantage. Exciting times.
Cheers,
RK

Ophidian - I do hope so. All your time and carefully analysis should show its hand again.
I am ready to finalise my AM Vantage. Exciting times.
Cheers,
RK

Hi Nick,
I hope you join the top list again too. Your contributions are so positive and helpful. We are top chat and 4 of the 8 most recommended posters.
All we need know is top risers for next year and that will be perfect!
Cheers,
RK

Thanks Alfacomp! Didn’t think I would be there now!
Glad to see we are now back on the up. Having an additional global broker could well be very good to bring more international invitingly the party.
There must be good opportunities otherwise our BOD would not have appointed them.
Exciting times.
Cheers
RK

Surely Bushveld Minerals is made up of Bushveld Vametco and Bushveld Energy and soon Bushveld Mokopane. I don’t see any othe spin off except Lemur when the capital value meets Fortunes criteria.
Looking forward it would be more likely we end up with more plants not less within the structure. The whole company mantra is we are Vertically Integrated! That is key to the business. Anything else is a discussion not worth considering in my opinion.
Cheers
RK

Hi Faramog,
Thanks for the confirmation! Looks good in order of holders! There are many names on there we haven't seen posting for some time and many regular posters who have not updated there holdings. It is a very good guide though and an incentive and assurance to new holders the influence and power of a well ordered BB that we can build up such powerful information. It again reinforces how we have worked together to grow the knowledge of investors throughout the UK and who have found this board to be helpful and informative. Thanks for putting this all together and keeping it in top order.
Cheers,
RK

Hi Faramog,
It was on the second tab, column I, row 6.
Cheers, RK

Nice one faramog - you beat me to it!

Expert - you asked about PI holdings the excel sheet on "onedrive" set up by faramog, I think, this shows that there is 35.63% held by PI's if the sheet is to be believed. That is just under 400, 000,000 shares owned by PI's linked to this board. Many have updated it recently and the dates give details. I am not sure people update it everytime the buy or sell. I am not able to paste a link to it. But someone else may be able to.
I hope this helps.
Cheers,
RK

Hi Alfa,

I did post this very point yesterday. It increases our profit by around 4%.

It is exciting to see the TA guys posting around 55 to 58p. I think we should at the next rise get much closer to our target price. Let's hope some of peoples Christmas bonus's find their way into BMN so they can see the rise in January February and get a free holiday paid out of the 2019 highly likely SP rise.

I really would not be surprised to see us, this time next year, around £1.60 to £2 around 400% higher than today!

Exciting times.
Cheers,
RK

Gkb47 - it is good to have you on board here.
I remember I first discover BMN and started researching and then came across this share chat. It was back in March 2017. I read and read. Then went through all the RNS’s. Watched interviews and became really up to speed. In the mean time I was buying and loading up to over 2.5 million shares in the first 3 months and I have add many since. Now maybe most of the long term holders here have done the same as me and built up a substantial holdings.
As a company grows new people come on board and many want to improve there way of life and make gains by investing and taking long term views and seeing a healthy return. On AIM clearly this is not such a common pattern. But this is not a common investment. It is exceptional and we know it and we are always cautious of some who come to this board expecting the same as other boards, unresearched here say.
You will find there are over 100 regular posters here who hold around 40% of the companies shares. These are our savings and our future. It could be yours too with wisdom and careful research. There are some incredibly well researched investors on this board. We are not a clique, we are helping one another and protecting our investment.
I hope you see my points. We encourage others to join us and get on this incredible story. In the end every investment is your decision. You click buy and you click sell. I wish you and everyone else new in here the very best. It is great to find out new info and add what you find on the board. Many questions are answered the best any of us can.
I hope this helps and I am sure all the long term holders would back my thoughts here.
Cheers,
RK.

Great post Daisan! I with you 100%. I think it should tie in well. Just remember the Chinese New Year does effect there buying and expect after then the price to show significant upside.
Demand in the US should continue to rise however and as more than 50% of our inventorygoes there our focus should be swayed towards there prices.
Cheers
RK.

Sorry ladies and gents, I have seen my typos in my last post. Typing too quickly and not reading back.
Point one - it is not guaranteed that the Q4 RNS will on the 22nd January but close to that date.
Point two - the upgrade to the plant in 2019 NOT 2029!
Sorry all!
I had an early start this morning at 3am as my Claire was rushed in again with 38.5C temperature. Bless her she is all dripped up on antibiotics. The staff are amazing in the Northampton Oncology ward! So many smiles and so caring nurses. It really feels like the NHS is working really well here. They all deserve medals. They got Lindal Balls!
Have a great evening all.
Cheers
RK.

Sotonian - last year Q4 figures came out via an RNS on the 22nd January. This is guarantee it will be exactly the same but it will be plus or minus a few days from that date. If the figures are in the place we think then they should be keen to report. Potentially with some news about the 2029 upgrade program for plant expansion to 5000 mtv.
I hope this helps.
By the way we should continue to recommend one another’s posts! There is huge effort and research by so many valuable posters. Don’t just read and move on. Press recommend everyone deserves the thanks. Unless you desperately dislike the post. We should fill the top 8 places on LSE easily. Most of the others post one liners of no consequence. Every post should have 10 to 15 recommendations. Just an idea!
Cheers
RK

Headancer - if these figures for Q4 which will add to to make H2 which in turn complete the full production for 2018 don’t wake up all the eagled eye financial investment wizards to how undervalued our company is and that they will make very quick and solid returns for there investors then nothing will. Any doubters will be silenced and Fortune should be very much in demand on the media circuit to promote our astounding figures.
I think this will be one of our major triggers. That is why we need to really understand and get clarity on these numbers.
Cheers
RK

Operation costs are based on $35000 per tonne all in.
Production is based on slightly limited run of mine hence the conservative figures for Q4 and considering Christmas shut down too.
I think the estimates are fair. I hope I have been open with the figures so anyone can check through. H1 and Q3 are fron BMN’s own RNS statements.
Cheers
RK

Just a reminder of the position:
It is interesting to see the potential on Q4 numbers as a minimum at 725 mtv from BBN. Ophidians mean is at 752 mtv. If we go back to Q1 2018 it was 731 mtv but going back to Q2 2017 they achieved 792 mtv and this was before the upgrade and the motivation which should now be present in the workforce following the settlement back in September.

So we can expect the figures to be somewhere in this range. So a very good Q4 indeed. Quite what impact Christmas and the New Year will have on Q1 2019, but if we look at last year and hope a 20% increase then maybe 870 mtv could be possible depending on any maintenance, this is roughly in line with an increase from 3050 mt pa to 3750 mt pa. With an average of $118 minimum then this could be another very good quarter indeed and show that the companies issues are well and truly behind it.

This would then give a total for the year:
Q1 - 731 mtv - Ave price $61.8
Q2 - 629 mtv - Ave price $65.5 for H1 - $89,080,000
Q3 - 537 mtv - Ave price $85.8 - $46,074,600
Q4 - 752 mtv (estimated from Ophidian) Ave price $112.40 (from BBN) - $84,524,800

Total 2649 mtv - Total revenue from mined for 2018 will be $219,679,400 - A very good number

Total operating costs $86,092,500

This gives $135,154,600 profit x 59% = $79,741,214
Plus $84,524,800 x 74% = $67,619,840
Total $147,361,054 and this gives £117,888,843 ($1.25 to £1)

So if anyone has any doubts if this was a good year for Bushveld Minerals and are they a bonafide Miner and Processor this should answer their questions!

If we then look into 2019 and just assume a 20% lift on 2018 production figures but at an average price of $115 per kilo it should look like this:

3178 mtv - $365,562,000 in revenue from that mined
or if we get close to the Production rate possible of 3750 mtv - $431,250,000 in revenue from that mined

So even with a realistic head in place and not getting too excited, this are very good figures indeed! let's hope that FeV continues to go up and maybe even reach $150 per kg. This would lift these figures again. Then we may even have the plant upgrade completed in Q3 which would give us another record Q4 potential. Looking very good!

Cheers,
RK