Member Info for RichKen

In the report below I am still puzzled why Sp Angel still think the FeV price will slip back when demand is growing so much and there is such limited opportunity for companies to grow let alone build new mines and start new processing plants. We might be seeing a pause now but we all know this is likely to return to the upward path which is massively good news from Bushy and even more so as we are in the prime place for the expansion.
I am still amazed though we have not been given more prominence in this daily news given our growth this week. They must be saving up for some really juicy news soon. Lets up they start shouting from the rooftops after all they are our beloved brokers.
We are in pole position to take advantage.
Cheers,
RK

China’s stronger steel drive will bankroll more vanadium mines

China’s push to lift the quality of steel for the construction sector is set to bankroll the global wave of new primary vanadium production to meet the growing deficit, while the expected boom in giant batteries will only exacerbate the scramble for supply.
Standards in China that came into force Thursday require steel producers to increase the amount of vanadium, which hardens the alloy, added to certain classes of reinforced bar products. It’s partly a drive to make buildings more resilient to earthquakes. Since the changes were announced in February, prices of the metal in China have surged more than 150%, according to Asian Metal Inc. data.
Managing director of Australian Vanadium Ltd., Vincent Algar, notes “it’s almost that perfect storm for a commodity – you have a step-change in demand that’s being enforced in the biggest market in the world and a constrained supply”.
Changes to strength standards could add 30,000-40,000t of annual demand to about a 100,000tpa market which is currently so extremely tight that exports from the Asian nation are not being offered. That’ll underwrite new mine projects in Australia and the U.S., and boost existing producers like Glencore Plc, Largo Resources Ltd. and Bushveld Minerals Ltd. “There’s plenty of room in this market for additional vanadium,” he said.
China’s stricter standards are intended to limit the use of inferior steels in construction and follow previous policy changes ushered in following the 2008 Sichuan earthquake, industry consultant Roskill Information Services said in February. The quake was the strongest to hit China since 1950, with more than 87,000 people reported killed or missing.
Vanadium prices are likely to retreat as new supply comes into the market over the next couple of years, though they should settle above the long-term average and enable project developers to make good margins, according to Algar. However, new supply from advanced-stage exploration companies will take more than three years to come online.
Steel accounts for more than 90% of current demand, though in the longer-term the sector is also likely to be bolstered by the adoption of vanadium redox flow batteries suitable for large-scale energy storage projects, and to store renewable power, he said.

Great story Loudspeaker that is very funny.
Did he think he should buy in now?
The growth has never been so clearly mapped out!

Hi Alfa and all,
I have been informed that the recent sell-off was not First Island it was Lionhead Capital! I can't find any info about there holding though.This comes from a very reliable source. No more selling is due apparently!
I hope this helps.
Cheers RK.

Sanchez - you may have no 3 incorrect £10.76 and 6% dividend
Huge smiley face!

Mackay - market cap!

For me if we consider 3 points for the uninitiated even if you didn’t understand vanadium.
1. This company has previous years accounts which don’t reflect any way what we will see in 2018’s accounts which will lead to a serious ongoing dividend payments.
2. The company will be producing batteries for the most significant part of the energy generation industry and as a pioneer with its own supply of product it is in a unique position.
3. With a current Mackey cap of circa 350 million it is so undervalued to where it will be over the next two to three years. We can expect a market cap exceeding £2 billion and likely well beyond.

But using the vanadium story should be the easiest sell to any group of investors once you get there attention.
Also you should use all the points raised by others already.
I presented to a family with £500k to invest this week and they are seriously considering moving into BMN from a long term fund. So compelling is the story.
Cheers RK

This statement makes it sound like a done deal. I hope they are talking about something new and not a retrospective view based on Vametco. We will so need the additional plant moving forward to process the 10k tonnes per year.
Such exciting times.
Cheers RK

Headancer, You should always buy as many shares as possible through the ISA platform first and try not to touch it! The key is when you retire you can then use this as your pension first. Imagine if the SP prediction of Ophidian turns out to be correct at £10.76 and 6% dividend per year. Most people would have a very big pot and a very nice income tax free!
If you have a considerable pot in a SIPP you will likely pay considerable tax! So ISA first is always the best place to save for the future with BMN shares.
I hope this helps and complements farmogs point.

HL 31.7 / 33.0 up 3.66%

Hi All,
I have seen this posted on ADVFN. I don't remember seeing it on here:
"Just to let you all know that Bushveld will be presenting at our MelloLondon investor event in Chiswick W4 next month. MelloLondon is a two day event and starts on Monday 26th November which is the day that BMN will be presenting early in the morning. You can find out more here...

melloevents dot com/mello-london

There will be 60 companies exhibiting and presenting plus some very well known investors, entrepreneurs, fund managers and market commentators providing excellent keynote talks on a range of investment subjects. A number of investment workshops will be available each day and a ShareSoc MasterClass on the final day

Headancer, I think if I was you, I would ditch the fund and make the best of all you know here! You might be considerably better off in the long tun with admin costs.
Cheers
RK

Alfa, The sell at 8.57 was mine. Needed to transfer. This will be reinvested later in the week.
Just clarifying it as a sell. Not something I like doing but essential!
It looks like at the moment the brakes have come off and we are moving on up so my timing is rubbish.
Cheers, RK

Hi Knuttie, I do hope this last treatment goes well for Lizz!
My Claire has a PET scan on Wednesday to make sure it has not spread anywhere else.
Have a good week!
Cheers,
RK

Thanks BBN. I know you are 100% correct. Brits and Vametco have all we need.
Your assurance is still good to know.
I just see that licence has a super valuable asset to have. Once given it just keeps our options open in a time when Vandium is going to the next level.
Have a great weekend all.
Cheers RK

BBN superb explanation as always and extremely insightful.
I just hope those brief words to the president yesterday was to ask if he could in anyway influence the release of the Mokopane licence which would liberate the vanadium needed.

Headancer if you look at the estimated SP by Ophidian your
£5K will be worth £194.464.00 and pay an annual dividend of £11,667 per year.

Well Ophidian, that is one meaty valuation. I have to say I think you are much closer to the truth than many on here really can see. But the one thing that stands out to me is the 6% dividend at that SP. That is 65p per year per share.
Hello, fellow holders so that means if you actually kept holding you have now for the next 3 years what you hold today that is 2.3 times your current holding every year in salary. Can you wait that long my guess is most couldn't do that but it would be a massive number for many on here?
Nice thought for everyone going into the weekend!
BBN you posts this week have been absolutely spot on my friend. Massively helpful to us all and insight into the future which is being laid out so well this week.
We may not remember this week for the SP increase, but we will remember it for the news that has been unlocked and that fact our CEO not only presents a huge investment plan to the SA President but the implications of that investment will drive us towards the SP target in 3 years time in a very reasonable way.
In a word this is incredible!

One important piece of advice - Use an Investment ISA!

Ladies and Gents,
I have introduced many people to investing and to Bushveld. The first obstacle is that most people don’t save and can’t save. The second points is they don’t realise the gains that they can make are compounded. So you have to explain this. Then there is the dividend argument. They don’t know what a dividend is. Once they understand the concepts and you show thenm that regular saving can get them places then didn’t see possible. Then you have to show them how to do it and and how simple it is to buy and sell. Once they have this and if they are willing to try, now you can bring in the Bushveld story.
This is the key to helping people, once they have the bug like everyone of us, they have the chance to make money. As we all know Bushveld is currently the most undervalued stock on the market they should love you all forever!
We have to start with the simple bits and build people up.
It is called empowerment.
Cheers
RK
PS I think we have potential for an SP exceeding £5 over the next 2 to 3 years.