Member Info for RichKen

Hi Knuttie, We went to see the anesthetist today. My Claire starts her two cycles of chemo on Wednesday, finishing on 9th Jan. Then I think it is around 4 to 5 weeks and if everything is good the big operation in mid February. It is really good that Liz's "Cedric" has shrunk! Means the pesky thing can be removed. Having heard everything that happens in the "Iverlewis" operation as it is called it is a big one! (9 hours). We have to make the most of all quality time we have ahead and keep strong. As I have said before BMN is a great distraction and gives us something to know when we get the other side it will give us all the stability we need for an amazing future. In the end for everyone health is the most important thing we take for granted. With all the financial astuteness in the world we have to make the moment of every day we have and use it wisely. Our thoughts are with you both and we really know what you are facing. Keep strong my friend!
Cheers RK

Bushveld – To Infinity..

Fortune Mojepelo and Mikhail Nikomarov have instigated the development of one of the most exciting companies that has come to the UK stock market for a long time. Especially to the London AIM market. They came with a vision to develop an Iron ore company, but quickly found a mineral which was unloved, but had huge potential. One in the steel market and one even more visionary a new battery technology. In their wildest dreams though and even with incredible hindsight they possible could not have envisaged what has happened over the last two years to the vanadium market and the global price of it.
The steel industry has had some major changes which means new regulations in the largest economy in the world China where their rebar was simply not strong enough. Then they needed to clean up their air and become a more environmentally friendly country. No more dirty industry, electric cars and battery storage.
Meanwhile our two CEO’s were putting together a vison which would feed perfectly into this new global need. Looking around there was very few sources for Vanadium. But their own country had some of the best resources and they found them and got them for a steel of a deal!

Now, the vanadium price is at an all-time high and holding nicely. In fact it could still go higher. Then they have a fully paid for mine and processing plant. They are about to expand that out of revenue, to 5000 tonnes per year, at one of the lowest operating costs on the planet. Leading to phenomenal profits.

Then there is the new requirement for VRFB for storing renewable energy in way which can be used over and over again without losses or performance fading. So now is the time to build an electrolyte plant. This is what is happening, and also at very low cost with a resource in their own back garden. Now they can build the lowest cost vanadium electrolyte in the world and then even more clever, lease it to their client’s, and still keep the asset in their own and recycle it at the end of life and sell into the steel market or produce new electrolyte. Genius!

When you look at the potential and the future you can clearly see why investors here could not possibly be nervous, and in fact be totally beside themselves for being in the know and investing in something incredibly smart.

This company is likely to see stock price rises through £1 early next year, £2 by end of 2019 and heading beyond £5 beyond 2023. With a very high profit and a very fair dividend policy.

A company that will make the world a better place and buildings much safer, less carbon emissions and energy security.

Bushveld Minerals – To infinity and beyond!

Cheers RK

Definitely not. In fact super excited I would say!
If I any spare money right now I would put it here!
This is about to fly! To infinity and beyond!
Cheers
RK

Alfa, I think next weeks news will probably be the most significant in the companies history!
The Bushveld Energy story will be made clear and I hope we get some other very important news items along and these will give one of the largest increases in SP in the companies history!

Bye the way, I know we have a few very significantly recommended posters in the LSE list (awesome posters in the own right!). It would be very good if every poster on our BMN share chat was recommended by us all (apart from the ones we now should not be recommended). It would bring many more to us, I would hope. It would be great if the top 10 posters where all on our BB? I try to recommend every post which is good. Maybe we should do this more. You could let me know if you agree?
Cheers,
RK

For me it would be perfect to see the full policy and I would re-invest at this time if they decided to distribute any goodwill dividend and I am sure so would most LTH's. This will mean a better position going forward if they did pay one. However, I doubt they will pay one until the full YR18 accounts are completed. Then it will be ongoing.
Any new investors should not loose site of where this si going. Short term movements always happen, but we have various target prices for the SP from 87p to well over a £1 depending on the price FeV which is well above the minimum SP targets links to Fe prices so we are extremely undervalued so if there are any concerns this will be short lived with gains over the weeks ahead. So much news is coming.
Cheers,
RK

BBN - Fantastic points clearly made to show that BE is on the cusp!
Combined with the information in the interview this morning (Asian Metal) interviewing Mr Sun from the Chinese company Jiyun Furnaces posted this morning where the world could have a shortage of more than 20,000 tonnes of vanadium in 2019 and we could see further rises in the Fe prices.
Amazing future ahead!
Cheers,
RK

Vauch, it is on LSE list too at 17:16. So are we opening higher in the morning - where does that come from??

There is one thing that is extremely hard to understand on a day like today. We clearly can see thet buys are outweighing sells. But the global market is clearly on a down as can be seen from multiple shares in red today. It makes you wonder how much liberty the market makers have in shifting the share price down to suit their needs one day based on market force (perception) and this could very clearly recover as quickly as it fell today in the morning if they feel it is appropriate? Do we have any thoughts on this?
There is likely to be some very strong buying again in the morning based on this price and we could even have the Q3 Bushveld Energy RNS which should be filled with a sentiment that will send the market into orbit even if the rest of the world is on a low morale.
Cheers, RK

BBN, yet again your perception and clarity lift you above the majority of even the most perceptive researchers of this company. I hope you and my long therm friends on here agree with my points.
It is astonishing really that so many people have joined our incredibly well-researched investment path, without researching and only looking on the risers boards, the hot topic boards and then jump on to what they see as the next best SP rise. Look at some charts and click buy, then panic when the SP drops and then chose to sell. Either that or they come on predicting doom and gloom. Even worse just come on and make comments just one supposes amuse themselves. For any of our long-term holders, we have of course seen it many times before. We all know even on days like this, as we are all so well researched and as a team, we have been lifted from tricky days and seen the great light which the Bushveld Minerals board of directors have worked hard to achieve and continue to work hard to deliver on.
The fundamentals which are so clear to see, will be delivered upon through sheer grit and determination as well as exceptionally hard work as a team as they are highly intelligent business people.
Clearly the expansion of the vanadium production over the next 1, 2 and 4 years will deliver high yielding production levels and at very low production costs which will mean that the profits currently being made will set this company up for producing large volumes of the highest grade vanadium in the world and not only that they have the foresight to bring in a team of the best guys in the world to develop the VRFB which will change the world of power generation from relying on coal, oil and gas to green energy using solar, wind and other renewables by being able to store the resource and allow its release as the local client needs it. Key being reducing the needs for lots of long distance power cables and huge infrastructure costs. They are so many countries in the world where this technology will be life changing.
So we look at this company knowing they have a not only a vision, but deliverables, which they can pay for out of profit from the business which is already more profitable than most manufacturing companies in the FTSE 250 and FTSE 100 even. So no borrowing to grow the business is an exception recipe for success
Now all those who don't understand what building a highly successful business means, then you stick to meager gains on short-term trading, I am sure you may win or you may lose. This is a long-term investment and it will be a very profitable company and any who stay put and look at the long-term investment will be very richly rewarded because the company has all the ingredients in place to succeed. This is not a ramp, it is a fact.
Cheers RK

Clearly Jonny is not so good on analysis here. He has no idea putting lines on graphs. He should read up on this company and study. Very soon this will jump to 70 to 80p.
He will look like a fool.
He would be better looking at the fundamentals and investing. Or go and draw graphs somewhere else.
I am sorry sir but you have found the wrong company.
Cheers
RK

Hi Sanchez,
I can tell you Nobby is not a troll! He is new to this and wasn’t sure what was happening.
He is a good friend of mine.
Cheers RK

Bushveld Minerals also own a company called Lemur a coal and power supplier in Madagascar. This is under construction and due to produce power in 2021. The Bushveld management are trying to build this up to a very good value ready and it may well be sold for a very good price when the time is right. The is sufficient coal resource, to supply the power station for at least 30 years, as well as securing further offtake supplies to third party clients. Again no value for this is included in the current SP, but it is significant!

In today’s economic and political climate, the assets this business holds prove that this fast-growing and extremely well managed business is clearly very undervalued. It has huge future potential under pinned by massive profits currently being generated to reinvest and grow the business quickly as well as pay a very good dividend to the shareholders. For all UK investors this business is not affected by the ongoing UK / European relationship and the world needs vanadium for steel and new technologies going forward, so is a very much Brexit proof investment. Currently are very few full production mines which are not only low cost and this is the only fully vertically integrated vanadium business with huge world class reserves which will last many generations.

A truly compelling investment

For more info go to Bushveld Minerals website and The Bushveld Perspective website

Cheers RK

Updated!

We have many new investors who have joined us recently and it is really worth looking at the basic fundaments that Bushveld Minerals have in place.

Firstly Bushveld Vametco – this is the vanadium mine (open cast), currently the plant is set up to produce 3750 tonnes per year, have had an upgrade completed in June 2018. Bushveld Minerals own 74% of this mine. During 2019 the plant will be fully upgraded again to 5000 tonnes per year. The plant effectively has an operation cost including taxes of around $35,000 per tonne although as the throughput increases, this cost reduces slightly due to efficiencies. Currently the plant is providing FeV as a product called Nitrovan which has a slight premium to FeV for use as a steel hardener. It has a market price of around $120,000 per tonne. Basic maths would see this over the next 12 months (assuming everything was the same) giving $318,750,000 profit, and if we take 74% of this (due to the ownership limited by South African law) it equates to $235.875 million.
Currently it looks like we could still see increases in the price of vanadium, due to the restricted supply and increased global demand and we may also see over the year ahead the production figures increasing as the next plant upgrade is completed. We have Vametco 142.4 Mt, Brits approx. 55Mt, Mokopane 298Mt JORC reserves of high-grade vanadium. Beyond 2020 and 5000 tonnes per annum we can expect to see a significant increase in production either through a further plant expansion or another brownfield plant to 10,000 tonnes per year or even more as informed by Fortune Mojepelo the CEO of Bushveld Minerals.

Then we have a very exciting new opportunity in Bushveld Energy, they will produce electrolytes for Vanadium Redox Flow Batteries. This plant is under construction and will produce the electrolyte to build VRFB with space to expand as demand grows. Full details of this are due later this month. The business will lease the electrolyte to its clients keeping the key asset, the vanadium, within its own ownership, which will be very profitable long term. In the future they are expected to manufacture their own VRFB batteries too. This has the potential to increase the value of the business by more than double whatever its current value as a pure play vanadium miner is at the time. No value is attributed for Bushveld Energy at the current time. Mikhail the CEO has said he expects the value to exceed that of Bushveld Vametco. The business could gain £2 to 3 billion in value very quickly once the operation is production and long term, over £10 billion, once the mass market requirements for this technology is proven. As green energy technology this part of the business has huge potential to accelerate the SP through a higher than average PE ratio compared to a miner. Remember this has no value attributed in the current stock price.

Bushveld Minerals also own a company called Lemur a coal and power supplier in Madagascar. This is u

That's a great place to be Ophidian. It really just adds to our profile and the potential for us to be flagged up in more Fund managers eyes will only lift us further.
One of the key pointers going forward for all long term investors is the dividend and this will also appeal to fund managers too. Yesterday it was mentioned about how far we can go and Rio Tinto was mentioned, interesting that they have a PE of 10, Mcap of £67 Billion and Dividend of 5.44%. Yesterday there SP rose by over £1 (2.88%). So in a few years time as our investment rises to the levels many predict some will see the investments maybe rise in a day what we see as our portfolio value today. Not that I think in the next 5 years we are going to have a Mcap any think like as large as RioT. But it is one company part of many pension portfolio's because it pays such a high dividend. If we can get to the position in the future that will also be a great step.
Interesting times to be invested here.
Cheers,
RK

Icarus69 - I called Hargreaves and Lansdown and they said you can’t access the money till you are 55 and crystallise your pension. I would trust that there pension specialists would be correct. I am well in excess of the life time limit. Just hope a future chancellor changes the tax rules in the next 5 years.
Cheers
RK

Icarus69 - first option if you have a partner and their ISA limit is not used this would be first option.
If you don’t need the cash for 5 years and your SIPP is miles free m it’s life time limit then when you add £15k you will actually invest £18750.00 so you will have a head start. The only thing is you can’t as far as I am aware currently take the cash out until you crystallise your pension. But for long term this could be an excellent way to build for the future after all in 2023 you should have a very decent pot.
In the end you should take some advice from a tax specialist.
Hope it works for you.
Cheers
RK

Fizzy can I ask how long have you been invested here and how much research have you undertaken?
You are correct I have seen on other boards loads of rubbish posted. But this really is different.
In the end my friend you investment decisions are your own. Myself and many others here are seeing the light and we are very heavily invested.
I hope what ever you have invested you see a great return and a better quality of life.
Cheers RK

Middleeastmoney - you are right this companies growth potential and cash generation potential is off the scale and very hard to get ones head around as the numbers are so great. For your average AIM investor it is fantasy dream world. But that is why the fundamentals scream at you. That is why NickD, Alfa, Knuttie, Fatbanker and many more are loaded up to the hilt as well as our new super PI from today’s RNS.
Many people feel the need to derisk or too slice as needed, however here it would be like seeing ASOS at £1.50 and looking again a few years later and seeing the SP at £60. These things do happen and the driving point is incredible fundamentals. This has it in spades!
Cheers RK

Alfa, the report shows 2000 tonnes per annum potential V2O5 and 0.6% resource. Not very exciting numbers for Neometals from the 2015 report.

Serenus - I am very happy for Alfa to put this on as an update to previous on TBP. Looking forward to updating again after BE plan RNS due in the next few weeks as well as the Dividend policy due before the end of the year.
I am sure though that BBN will have a very good explanation for the detail and how it will be executed once they release the info. The key will be the detail on how the electrolyte will be monetised, and that will set our SP alight!
Cheers RK