RE: Interesting John Meyer comments11 Oct 2019 08:54
Well done for completely twisting my words. I won't be debating this misrepresentation with you due to your lack of credibility, the fact you are a proven and compulsive liar that should be banned from LSE and you are an adult who lies about owning shares. You are so pathetic its actually embarrassing.
RE: Interesting John Meyer comments11 Oct 2019 08:29
Clearly trying to multiply down the implications of Vanchem is the aim of today's trolling. Unfortunately in exposing his thought process - IE that Vanchem provides around 960mtv on day one and therefore should only deliver the equivalent SP rise, only really serves to highlight the omissions from his understanding. Vanchem is the key for so much for Bushveld. It helps to unlock the jewel that is Mokopane, receiving it's feedstock. It supports early electrolyte production and delivers product diversity. It is the heart of the pathway to trebling production over time and is being bought,yet again,for a fraction of what it might cost to build a brand new facility. It is part of a wider elevation of Bushvelds influence on the vanadium market. To try and belittle this into just a 1000mtv upgrade is imbecilic and demonstrates nothing but an incredibly deep lack of understanding of the strategy of this company.
No worries, I just thought the startling under-performance was worth highlighting. These guys are not masters of their craft by any stretch.
Looking at the fee structure, I imagine not! The irony is, is that if they actually just bought Bushveld and held them, (I know thats not their MO) they could actually start to address the years of failure.
What is also pathetic is the NT for any large amounts at 20.5.
It's not like they don't have a mountain of shares from those coerced out of their shares by the frenzied 'Help for Shorters' charity campaign running in the last few days. They just don't want to sell them at these prices because they know they can get a lot more..
And Vanchem is absolutely entwined with Mokopane as a primary source of feedstock, so those two simply will not be far apart. It has been a while coming, but I suspect we really are not far away from that license now. Especially considering the progress that must be being made on the DFS for the mine, and as yet we haven't heaard about any challenges to the electrolyte plant environmental approval... This company really is about to go through a huge evolution.