Member Info for RichKen

I have just found a "share chat" on Largo on the comments on Yahoo updates in the US. They are all complaining given the V prices that they think Largo is also massively undervalued, also because it is listed on the OTC US market which limits its exposure. Sounds familiar!
They are expecting further earnings and revenue reports this week.

I still think our time will come very soon and BMN will have a re-rate upwards.

Well Nick, it is showing live data on my Yahoo Finance app. US OTC - Live data based on EDT.
It also says Largo has a PE of 16.17

Well Nick, it is showing live data on my Yahoo Finance app. US OTC - Live data based on EDT.
It also says Largo has a PE of 16.17

Just noted that Largo is up again today so far up 13.55% and rising! Why Vanadium spot prices going through the roof!
BMN only up 1.13% at the time of writing! When is the market going to wake up to our massive earning potential which is being realised as we type?
We really are so massively undervalued!

I see this was on a reply in the comments:
I think that your $35/lb target may be with us very soon. Given the dynamics of the #Vanadium market, it is difficult to see where this stops in the short term. I wouldn't rule out $50/lb by year end.

So maybe the SP Angel price was a typo and it should be $35 a pound, not a kilo! That would be positive! Time for another email to JM.

Either way, the prices are going crazy and very soon we will see the benefit and people will really wake up to the low valuation of our business, compared to the ability BMN has to print money from this incredible grey mineral that will change the worlds energy storage market.

Just hit 29.5/30 on HL

Alfa, Many thanks for all your exceptional work this week!

You should win "The Bushveld Minerals Unsung Hero Award 2018"
and for "The bushveld Perspective" - "Best Website for Private Investors Award" if such a thing exists!

A million thanks, RK

With my $115 per kilo it was an interview question answer for working at SP Angel

I think it will be more likely closer to $135 to $145 by the end of 2019.

Well, Jogj99 Alfa needs another 632 likes to be top of the recommended board. Good to see we have Alfa and NickD on there.

On Monday we could be top of the risers board and most recommended posters too!

The sterling work on this board and the great fundamentals based on around $65,000 profit per tonne will surely see us in a superb place very soon indeed. That would be $243,750,000 per year profit based on 3750 Tonnes and.

If we see $115 per kg by the end of 2019 and 5000 tonnes per annum then that will give $400,000,000 per year profit!

I think this has got to be greatly undervalued! Anyone agree?

Great work by FM and his team.
Solid performance beckoning at record prices.
Next week is looking very good. He can now release the H1 RNS and we will be on our way.
Have a great weekend all!
Cheers RK

Bushveld Minerals Limited (AIM: BMN), the AIM listed, integrated primary vanadium producer, with ownership of high grade vanadium assets, announces that it has reached agreement with the Association of Mineworkers and Construction Union ("AMCU") in respect of the matters that led to the unprotected industrial action. Accordingly, the Company is pleased to announce that the unprotected industrial action has been called off and workers have started returning to work.

The Company and AMCU have agreed that:

· The settlement agreement, signed between Bushveld Vametco Alloys ("Vametco") and AMCU in May 2018 in respect of payments in lieu of Employee Share Options Scheme ("ESOPS") for the period 2013 and December 2017, is valid and recognised.

· Vametco will pay employees an amount in lieu of ESOPS for the year 2018 on the same basis as the ESOPS payment made as part of the May 2018 settlement agreement. The payments (the "2018 ESOPS payment") will be structured as a two-part payment:

o A payment of R15,000 (post-tax) shall be paid to each employee in respect of the period 01 January to 30 June 2018. This amount shall be paid on 28 September 2018.

o A second payment in respect of the period 01 July 2018 to 31 December 2018 shall be payable after the release of the financial results of Bushveld Vametco Alloys Limited for the FY 2018 which is expected to be paid by 31 March 2019.

The 2018 ESOPS payments will be made only to permanent employees and fixed term employees who have been in the employment of Vametco since 01 January 2018 and continue to be in the employment of the Company at the time of ESOPS payments.

The Company and AMCU have further committed to accelerate discussions for establishing a framework for a new ESOPS structure to be implemented from 1 January 2019 as well as processes to deal with all remaining labour issues going forward, including clear mechanisms of escalating disputes to regional and national union leadership as well as to the Company's Management team.


The Company will continue to update the market as appropriate in this regard.

Fortune Mojapelo, CEO of Bushveld Minerals Limited, commented:

"We are delighted that we have been able to reach an agreement that results in the mining operations resuming. This is a positive outcome for all parties, ensuring that the resource continues to bear fruit while the Company strives towards building a sound partnership with all employees.

"We are particularly pleased that the agreement upholds all previous engagements and agreements entered into by the Company and workers including the May 2018 settlement agreement. In addition, the agreement affirms the important role of the workers as key stakeholders for the Company, and we are pleased they will share in the success of Bushveld Minerals.

"Finally, the settlement agreement includes provisions designed to discourage any future participation in unprotected industrial actions by the

BRFC only 397 to go! LOL!!

Spread tightening on HL 26.2/26.4 after a small blip. They can't be short of shares. Coiled spring?
October 4th for Lemor Q3 update?
October 11th for Bushveld Energy Q3 update?
This would follow January / April / July dates.

I find it incredible that more people cannot see the huge potential here. As I have said before I have brought many people into the light which is Bushveld Minerals and explained why mining and processing vanadium has such huge potential and this is way more precious than oil or any other mineral that the world needs currently.

The upside as NickD has pointed out with the incredible insight from BBN as well as the detailed information on the Bushveld Perspective pioneered and managed by Alfa means that the world has no excuse not to understand. I point everyone here. The next 12 to 18 months will see such a tremendous upside I don't think anyone who invested before March will quite believe it. Anyone investing today is likely to see a 4 to 8 times rise in the investment (for those who like percentages that's 400 to 800%!

This is transformational for many. A stable South Africa is very important, as is a motivated workforce. These things will come as the people of that country with good leadership and confidence as they see investment in infrastructure and new jobs. Bushveld Minerals will be a significant part of that.

Alfa - Have you considered a Facebook page for the Bushveld Perspective and a LinkedIn Page too? Could be a very simple way to direct more people to the online magazine which is everything you need to know about Vanadium and Bushveld Minerals.

I really hope a swift conclusion can be negotiated for the Vametco workforce, I really hope that the mining charter conclusion will work for the future of SA and I really hope that we get the mining licence for Mokopane this quarter.
Bushveld Energy Update with plans on the electrolyte plant and production of our own VRFB will certainly double our market cap from whatever the mining of vanadium produces and that means our 3 to 5 year outlook is truly phenomenal!

I am so glad I have invested in this company and I really am excited about our future.

Cheers RK

This is exactly the time to buy in. Everything is set for a truly phenomenal increase in SP. However until the current industrial action is resolved the SP will hover where it is. So if anyone is holding back. I would be very cautious about holding off for too long. Many LTH have been adding. Any new comers should seize the moment. The fundamentals are incredible.
All in my opinion.
Cheers RK

BBN and all, I was thinking that the prices in the US may not be affected so much at the moment as there is already those huge shipments reported last week due to arrive in port soon. The effect of the strike will be felt more in the US in a few weeks time as there will be a lag from the point the strike started to when the effect on material available from the traders in the US to their suppliers. If they are on the ball though and they know about the industrial action this will put the prices up and once they go up they are likely to stay up. That's what the oil companies usually do!
However, let's all hope that there can be an amicable solution and get all the workers back into work at the mine very soon.
Cheers, RK

Sorry “write up”

Great right up Pdub. I concur with all your sentiment.

Lucan - the thing that BMN did was buying into the plant at just the right time. This was phenomenal timing!

Well Ladies and Gents, for shareholders and BMN this has been an amazing week. We have had the fab news we have been waiting for a few months confirmed in the RNS with respect to ownership increasing to 75% - Fantastic.
The Price of Vanadium as just pointed out to us by Nick is at a level which really is incredible for income to BMN which will help the business to grow to the levels we have been visualising for well over a year. Which will lead to incredible profits which will drive this business forward very quickly.
I really hope that a good settlement can be found for the workforce which will get them back at work very quickly and keep them motivated for the future, in spite of actions around the area. I think the partnerships which Fortune is trying to forge with the local communities should help too. The difficulties are always troublesome unions who can try to disrupt companies reputations. I am sure the Fortune being the inspirational leader he is will be able to bring everything to a satisfactory conclusion for all involved very soon.
Looking forward to H1 detailed results once the workforce is back at work, and the news on the Mokopane Licence being granted, and BE business plan being revealed.
This company continues to deliver and the future is looking exceptional. As an investment, it truly ticks every box.
Incredible Income now - bringing on millions in profit
Incredible growth from the existing plant - growing the millions of profit
A new technology development (Bushveld Energy) which will bring renewable energy to the world and especially to developing communities by storing it in a safe and reliable way worth billions of dollars and changing the world for good!
A coal power project (Lemur) which will transform the community in a developing country (Madagascar) by feeding a new local power station which we will either keep for revenue or sell off bringing additional value to the business and shareholders.
How amazing to be invested in the company. Finished at 25.5/26 and 9.57% up on the day. Brilliant.
Have a great weekend all!
Cheers RK