Member Info for RichKen

Excellent find Buzz that is very detailed. On the pages 37 to 56. Must read for all investors here!!

Thanks Alfa! That is certainly an option. Siemens would be a very good fit. German investment in SA and they are one huge global company with a need for VRFB's and will consume a serious amount of V if they went into full production to be a major global player.

Whatever happens, this whole story is just amazing, compelling and it is highly likely to make a lot of people significantly more wealthy than they are now. In the meantime Fortune, Mikhail and Prince are doing a superb job in guiding BMN to be a diamond for South African / Madagascar and all their investors to be proud of.

Incredible.

Let's keep it super positive shall we!

This is going up very nicely. Faramog I hope you are right with 34p by the time of our Q2 RNS, then we can have a bounce from there!

Like to be over £1

Interesting moment, buy and sell both at 23p. Are they looking for some sells? Not from me!!

Very positive impact today, so many very good buys going through as more people see what is coming up here in the next few weeks. 23.3p already paid this morning so that is a good increase this morning.

I think we will be way above the 30p mark very soon indeed.

Trust the fundamentals they are incredible.

Alfa - On your last comment were your inferring Siemens put in a bid for ATM or BMN?
£3 would be nice on either ;-)
The two businesses have such huge potential it is incredible.

Ah! So they have found the on switch!

Hi Knuttie, It is showing now, and a few other good size buys and still, the price is stuck. Very unusual we normally see fluctuations in early trading up and down. It is as if they have switched off the system!

Still, I am very happy with the buy at that price as I am sure we will see a substantial change over the next 2 to 8 weeks and once the lid is off then we will be going to levels a year ago we were dreaming about.

What a great place to be my friend!

Very interesting presentation Sanchez - great find!

worldmaterialsforum.com/files/Presentations2018/PS1/WMF-2018-Ivanhoe-Robert%20Friedland.pdf

Great to see lots of buys this morning. I have one in there too at 22.15 for 135K not showing yet. The SP though is super sticky which is odd given the buys.

Fundamentals are amazing here 3750 MT per year, Vanadium price around $80,000 per tonne and operation costs of $16800 per tonne. Our share of this income is just under 60% and likely to rise in the coming weeks.

Next years production of our high-grade Vanadium increasing to 5000 Tonne per annum and the company is driving forward to increase well beyond this - likely to be close to 10000 tonnes per year by the end of 2021.

Then bringing online of Brits and Mokopane Vanadium deposits which then gives Bushveld Minerals the largest high-grade Vanadium production on the planet at a time when the supply of this beautiful mineral is in its most constrained supply position and you have everything in place for this to be the investment of the decade!

Add to this Bushveld Energy and its massive potential in the world of VRFB's, Lemur Coal and Power project in Madagascar.

Have a great day all!

SOTRR great post at 12:45 today. Great contributions as always.
If people missed it you should read it. Very significant part of the BMN picture.
If this board focused on the important stuff and people read the facts give by the ones who research the most they would learn something significant.

SOTRR post:

The Lemur story doesn't get enough credit in my opinion as all the focus is on Vametco. For anyone who joined the BMN story more recently it is worth looking back at past announcements to see how it unfolded. Some say that the acquisition of Vametco for effectively the inventory price was "one of the cleverest, if not the cleverest" deals
in mining history but the story was equally good for Lemur.

BMN obtained a majority holding in Lemur and then ultimately took it over at a time when its own share price was at the start of a downward journey that would ultimately end at 1.3p. The takeover yielded A$12m in cash (approx $8.4m USD at the time). They also gained the Zaaiplaats Tailings project which BMN had previously offered circ £800k USD for an 87% stake for and then withdrew but Lemur then offered $202k USD for 99.1%! Plus of course the Brits Vanadium Project which Lemur signed a binding term sheet with Sable Metals and Minerals which is now going to be used to reduce Vametco production costs - a project instrumental in getting us Vametco in the first place.

That's all on top of the Lemur project that people actually talk about, the Imalato coal mine and plant. A project now potentially going to be valued at many multiples of the takeover price paid, a project that was basically free.

History will look back on BMN as the smartest junior ever.

“Very insightful and always appreciated” for Mr BBN
Sorry auto text changed the text again - sorry ladies and gents.

Great find BBN. Good to see BMN mentioned in the Economist. We are starting to become a serious player and the media are waking up to the sleeeping giant.
Your posts today have been very insightful as Alan’s and very much appreciated.
Great work from Pdub too our faithful encouragement what ever is going on.
There are many investors on this pathway way some are old hats, some are retired millionaires, so are just starting. We all started somewhere and everyone deserves respect. I can understand new comers wanting to buy at the right price. Even today buying in at the right moment can bring significant gains later. Just as much as buying at 4.5p instead of 5p in the past. This is a very special bus and some are getting on and should be encouraged and some are getting off. Where ever you are this is a very good company and it is going places very quickly, in a market where the product vanadium (name comes from a Nordic god of beauty) is becoming one of the most important minerals of the 21st century. The price of the product is going through the roof. The operation cost for BMN are super low and we have one of the, if not the largest high quality resources on the plant with a management team who are realistic, measured and ambitious.
Let’s hope every investor on this board respects the work employed by the board of directors and stays focused on what is happening here. No need for anger, upset or envy. If you have invested here you will see a highly likely monumental rise in the coming months. research on the Bushveld Perspective Website, watch the videos and see what has been achieved in such a short time.
Have a good night and let’s look forward to a bright future with the potential rewards. If you have £500 or £500,000, depending on you position it is a great investment and your life is likely to improve based on this investment. Always do your own research and make decisions you can live by.
Cheers all! The beautiful mineral Vanadium.

Good to have a positive finish day after a few days of going against the positive news flow. 3.42% is not a bad place. After all the fantastic interviews which Fortune has been giving over the last few days, leading up to the Q2 BVM figures due very soon, as well as the H1 figures which compared to any other half year will look very good indeed. We should very soon be seeing a significant increase in our SP. Given the phenomenal rise in the Vanadium price which will increase our Q3/Q4 and H2 numbers to a level which frankly is beyond any listed minor on AIM, let alone many FTSE250 companies.
Then we are expecting so much news which will impact our future growth, both with respect to bringing Brits online and sometime soon a mining licence for Mokopane. Then the brownfield site which is mentioned in every interview at the moment which will open up much more capacity. We are about to become not only a major player in the Would Vanadium business but "The Largest Vanadium minor in the world from the worlds largest and highest quality reserve" What a company to be invested in. Oh, and our share price is 22.65 pence - Really!! I think we need to move the decimal place it should be £2.26!! Then we are looking at a dividend later this year too.
Wakey wakey all you high-class fund managers looking for places to put your money in the "emerging markets field" we are here, ready an waiting for your investments to turn your fund into the fund of the year.
Then we have Bushveld energy and a Lemur which I have heard multiple times once all is in place is highly likely to be floated off, more free shares!
Are we missing something or is the investment world asleep?

Good to have a positive finish day after a few days of going against the positive news flow. 3.42% is not a bad place. After all the fantastic interviews which Fortune has been giving over the last few days, leading up to the Q2 BVM figures due very soon, as well as the H1 figures which compared to any other half year will look very good indeed. We should very soon be seeing a significant increase in our SP. Given the phenomenal rise in the Vanadium price which will increase our Q3/Q4 and H2 numbers to a level which frankly is beyond any listed minor on AIM, let alone many FTSE250 companies.
Then we are expecting so much news which will impact our future growth, both with respect to bringing Brits online and sometime soon a mining licence for Mokopane. Then the brownfield site which is mentioned in every interview at the moment which will open up much more capacity. We are about to become not only a major player in the Would Vanadium business but "The Largest Vanadium minor in the world from the worlds largest and highest quality reserve" What a company to be invested in. Oh, and our share price is 22.65 pence - Really!! I think we need to move the decimal place it should be £2.26!! Then we are looking at a dividend later this year too.
Wakey wakey all you high-class fund managers looking for places to put your money in the "emerging markets field" we are here, ready an waiting for your investments to turn your fund into the fund of the year.
Then we have Bushveld energy and a Lemur which I have heard multiple times once all is in place is highly likely to be floated off, more free shares!
Are we missing something or is the investment world asleep?

BBN, That part also struck me that BMN is to become the largest Vanadium supplier in the world. If Vametco grows to 10000 mt pa and then they get the license awarded for Mokopane with its huge resource feeding a brownfield site potentially with the similar output. This is an amazing potential.

The other key point for us all is they are looking for a capital relocation for shareholders and he actually uses the word dividend in 2018! That is something quite remarkable.

Good evening all,
Yesterday I wrote to our broker SP Angel and specifically to Mr John Meyer. I introduced myself to him as PI, and that as a community here on LSE we are all delighted with how our investment in BMN has performed and the amazing job that Fortune and Mikhail were doing running the company. I introduced him to the Bushveld Perspective Website.
I then reiterated the price of vanadium and the points with respect to our operating costs as we understood them, and the potential profit as pointed out by Fortune himself in his interview, and the fact that, that target had been increased as the vanadium price has risen dramatically since those predictions. I even went as far as to suggest that we all feel that a target price over the next 12 months of £1 would be easily achievable. I asked him if he knew of a company on AIM which will produce such high forecasted profits with such a low market cap.
I am pleased to say he did reply to me this morning. I won't reply word for word as I think that would be unfair. He was pleased that I had managed to build up a nice stock holding in BMN. He told me he was shocked at the rise in the price of vanadium and enforced this is very good news for Bushveld Minerals and its potential earnings.
However, on the valuation and target price for BMN he was unable to give any comments on how it was calculated or the timings of any changes. But he felt that a target price of £1 was quite optimistic, on the info that is known today.
He was very kind and wished me well with my investment.
I am not surprised he was unable to go further. I did write back to him again to point out all the news flow with respect to Bushveld Vemetco, Bushveld Energy and Lemur and the huge potential cash flow from each value stream and the ramp-ups expected. I pointed him back to our amazing community and the Bushveld Perspective website which I am sure he would find amazing if he hadn't seen it before. Lastly that we look forward to the increase in target price very soon.
I appreciate his interviews and the fact that he came back to me so very quickly. I am also encouraged by what Nickderby said earlier today with respect to Sojitz share of BVM. Clearly, if SP Angel increases their target price for Vanadium it makes it very easy for Sojitz to ask for more money for there share so it may actually be quite a cunning plan. (Even though even a novice can see that the price is going through the roof!).None of these points would anyone want to comment on if they were part of this deal.

I just thought I would share this with you all. Have a great evening all.

Last time we had a drop this quickly it was due to a load of additional shares coming to the market. I haven’t seen any thing to say this has happened. There are no huge sells. I am sure we will find out soon enough. But this is a huge buying opportunity for those with some free cash left in there pots. It won’t be at this level for long.

Hi Faramog, I thank Alfa and Gambit had that very discussion with FM this week. I guess they have to play a careful commercial game. Bearing in mind the prices have already gone up so much, if BMN then put the premium up buy a huge amount that would be not good. The game they are likely to play is when the prices drop they may hold there prices higher. It will be a commercial game, but easy to play.

HL have 23.5/24.0 at opening.