Member Info for RichKen

Bella, your posts really should be recommended more. Thanks to you for your contributions!
Thanks AM too!

No spots on you Bearishlybullish ;-)

I think we should change the Corbine cup to guess the first dividend payment per share!

I am going with 0.24p for October 2020.

I am not a dog!

But I am sure several people on this board may wish your posts were put down!

If you agree, ladies and gents please make it clear in the usual way!

Hello hello, very narrow spread! Bid lifting!

Is the rocket ready to be launched! Boooommmmm!

Me too AM!
Nice summary! Should totally recommended !

Yes, Sanchez, 292K's worth are ready to be sold! Guessing the two NT trades are MM's work!

So far looking at the trades this morning there is a strong trend towards buying!

However the volume is relatively small, but blue is blue. Let's hope we close at the end of today with blue and not back at zero. We need to break the back of 22p ready to get to 26p this week!

It truly is, but the market markers are still holding this in the same pattern as last week!

What will it take to get the price moving?

- Mokopane Licence, which will enable the worlds largest Vanadium Mine to be built with processing capacity up to 25,000 mtV in the future with a long life potential, space for a mega-state of the art processing plant and an immediate outlet for the ore to overseas processors or to Vanchem

- Vanchem Processing plant - Completion due 31st October with an initial capacity of 960 mtV or more with high-quality ore! Easy expansion as required through plant upgrades to 4200 mtV . Processing additional high-grade ore from Vametco and soon Mokpane

- East London Bushveld Energy Electrolyte plant - producing up to 1000 MWh of Vanadium Electrolyte per year - Bushveld's first Giga Factory! Production in 2020.

- BESS contracts with Eskom - based on meeting the supply criteria of locally produced, and using local minerals from SA mines and supported from SA. Meeting the long term needs of energy storage!

- Expansion of Vametco plant in phases to 4200 mtV per annum within 3 years

- Joint Venture assembly of Vanadium Redox Flow Batteries in SA

- Vanadium Electrolyte Leasing Agreements with multiple VRFB builders

- Greenfield Vanadium Ore Processing plant - capacity to be confirmed based on global demand!

Bushveld Minerals and Bushveld Energy - meeting the needs for Renewable Energy Storage and Vanadium Additives and Chemicals for the world construction industry - from 3.5 to 4 millions tonnes of high-grade vanadium!

Low cost, strong revenues and dividends to be paid as the business moves forward!

So it really is looking good here!

The million Rand question from the Oracle!

We should lift to 40 to 50p. But the potential should get use to 80p plus.

What the market will actually do though is down to how many people are sitting waiting for the news. They need to put there money where there mouths are!

Faramog, I know you may think that, but factually you are incorrect (not wanting to argue, but I know the fact here). Mokopane is fundamental to the Vanchem deal. There is no doubt at all if Bushveld had not got the secure source from Mokopane that the increase of capacity may have been a business risk without being 100% sure that they could bring a fast supply at low cost to Vanchem for long term supply. The ore and supply chain from Mokopane is beyond massive!

Though, I absolutely agree with your statement! - "having multiple processing sites is a very significant de-risk to inward investment. This is why we rather expect a significant re-rate very shortly"

I truly expect a significant re-rate over the next 2 to 4 weeks. I guess so does the market, hence the closure of the shorts. You don't run 'a short' when the price is about to rise quickly.

The added value that Mokopane and Vanchem bring is huge. Mokopane could if we had the processing ability easily supply 25% of the worlds vanadium demand every year based on today's market!

Vanchem and Vametco will bring 8400 mtV to the market within 3 years. Then consider a high-efficiency greenfield plant at Mokopane being built in 3 to 4 years time and you have the worlds largest primary supplier of lowcost vanadium.

Every long term holder here truly believes and can see the picture unfolding and that means this company is going big and it will be one of the benchmark Vanadium businesses for years to come!

In a few weeks time, we will be a very excited group of investors! Anyone ready for Booomm time!

Cheers, RK

On the subject of Mokopane and the announcements, we need to think about the legality of the RNS.

There is no doubt that Bushveld now that the Vanchem project will complete on the 31st October and that at some point in the immediate future that the Mokopane Licence will be confirmed.

If you think about when you sell your home, you know that you are moving, but you can't confirm that you are actually moving into that house until the contract is exchanged! That would be when you could RNS it- so to speak!

Bushveld know that Mokopane licences is coming and that they will soon be able to start the development work. They may even know the suggested date for the announcement, but they will not and cannot announce anything until the ink is dry on the paperwork.

There is no way Fortune will have moved ahead with Vanchem purchase without being sure that Mokopane will happen.

For me we will hear news on both within days of each other!

Recent buys showing as sells - 20.73 is a buy - not live!

This date a year ago the SP closed at 27p!

Think about where we are today and the news which is about to come. If we are not seriously oversold and undervalued.

I am expecting to see a lot more interest in buying into Bushveld Minerals in the very near future!

Just added 6697 could be one of the last chances to buy sub 21p.

The Boooommm moment is coming!

Ladies and Gents,

I think we need to get back to discussing Bushveld Minerals. If you are not happy with someone's comments - report them and filter them. Then the problem no longer affects you.

This board has been a place of quality discussion, let's avoid personal attacks and bullying, please.

Focus on the amazing potential of your investments here and the key points for unlocking this.

Many thanks,

RK

It should be noted that Vanchem is not just about the raw processing of Vanadium Ore into V205. It is all the other streams of Vanadium Chemicals which have a much higher value and income stream. It is also the ability to make Vanadium Electrolyte on this site too.

There is so much more to this site than just 960mtV! It will also be owned 100% as we see it right now. Which is very important.

Do not underestimate the power and potential of Vanchem especially with Mokopane added to the picture!

Thanks so much Pdub. You are very much appreciated! Enjoy your holiday!

You are right Alfa, when you listen to the full interview you can see why he did so. He is not a risk-taker and struggles to follow tips given. Hence his investment in a gold ETF!

Sometimes you need convictions and belief in what you know and can see. But our strategy is not for everyone. After what John Meyer said and JW even alluded too that we have a baseline of 20p and upside looks very strong. He might have convinced himself to buy back in.

If he sold his Gold ETF and bought back into BMN he could make a very attractive return. But he doesn't like Share Chat boards, so he will never know what solid research there is on this company by some very smart PI's! Just a load of 'Rampers and Trolls' I think were his words.

Top post, Ophidian! This company has it all covered!

"As a number of major economies slide into recession, it's interesting to remind ourselves what governments tend to spend their money on to haul themselves out of the economic doldrums……….Infra-structure !

New building that need Vanadium strengthened steel and going forward, new Green energy projects that need Vanadium for Grid-scale storage. Come on little ducks line up line up !!

Ophidian"

Firstly very pleased to finally have a positive day both with a blue finish and what seems to be the end of the current running shorts.

Add to this the very positive reaction for Mr John Meyer to Bushveld minerals today.

He is very clear that as our Broker that the Vanchem deal will bring mush potential and income to Bushveld Minerals and he seems fixed that Mokopane is now a sure thing, which underlines the points we have been making for some time.

He also made it clear that the vanadium market has huge potential and especially he see's the huge future in the Bushveld Energy market. Again underlining points made on the board by many posters.

Also very importantly he said that the share is oversold. In other words, people have sold shares following a trend which is beyond where the real value of the business is. That means they have made an unnecessary loss! It also means that today's price point is a very good buying opportunity for the market to make good upside which he underlines should be around 80p per share.

He was very very positive - The only thing is he clearly is not good at is pronouncing Chemistry! Or struggles with the pronunciation of the Vam-kem - or as spelt in SA Vanchem. But I will forgive that for a very strong and positive review.
Follow Sanchez 's link below and get to around 24 minutes into the 29-minute talk, unless you want to learn about investing in a VR Zoo or aquarium experience....

Good day for BMN and many more to come!! I can't tell you how excited I am by the prospect of what will happen to BMN over the next 12 months.

Cheers, RK