Member Info for Sanchez599

Thanks for sharing your thoughts again BBN. Your contribution to this BB really is greatly appreciated.

The all consuming narcissistic insecurities of a sociopathic, ADHD-ridden man baby, gets in the way somewhat.

Just yesterday laws were relaxed protecting endangered species in the US. Because obviously you want them to have to work harder to avoid extinction. Survival of the fittest and all that.

Mornington, don't forget SPAngels valuation is 92p.

There has been evidence pretty much every day for months. It's just that some people won't believe what is in front of their faces.

Think Trump and climate change.

(news landing)

20% off an already lowered company valuation in around 10 days at a time when V prices are rising..

Tells you all you need to know about the legitimacy of this move.

Someone's worried about news.

To be fair to all involved, on reflection I don't think anyone would really doubt BBN's honesty and genuine approach to posting - with his track record of brilliantly insightful posts, he definitely should be taken at face value. I think it is simply a case that people were feeling very buoyant after the weekend and it perhaps from a timing perspective probably wasn't what people were expecting to read following all the positivity that had built up.

It isn't the end of the world and ultimately it is his own view and he should be able to express it given what he has added to the board. He's clearly a huge supporter of the long term vision for BMN and like everyone, has his own subjective opinions on the road we take to get there. The board won't always agree on everything and that's obviously ok.

The bit that most people don't agree with, with good reason, is when people cheaply jump on the back of his posts to leverage his content for their own spurious ends.

It isn't a question of if there has shorting as Endion says. There has been and are shorts running. Being that similar entities have been involved with both Largo and BMN - Vaneck for example it isn't a huge leap to suggest the same opportunity was taken on both.

I noted earlier your comment regarding Rich Ken not being around when that large sell arrived earlier from earlier. That was a pretty out of line comment. Despite the smiley emoji you added.

There is certain irony to someone calling for all views to be shared whilst discounting a specific individuals own take.

Pdub, there are no doubt many of us who agree with your take. And whatever way someone may try and spin the political argument Ramaphosa is an improvement on Zuma, and we flew during the Zuma days plain and simple.

It's so easy to be negative, forgetting that the world is going through an energy revolution because climate change is accelerating and that we have the keys to one of the most appropriate solutions for a renewables-based energy economy that is anticipated to be moving towards 90% stationary, long duration storage.

It's easy to forget our current PE ratio and mCap, and how for an 'average mining company' (an oft quoted phrase) they wouldn't be great, and that BMN are blossoming into a company that is far from an average mining company.

It is easy to forget that we are at a lower share price now than before we increased our ownership of Vametco via Sojitz, let alone considering Vanchem.

I have no issue whatsoever with anyone discussing what they perceive to be short term risks, but they also have to remember that is just their own view and as much as they want their views to be welcomed, they should reciprocate when others disagree.

We are on a market where a gin brand in the midst of a weakening trend can have a massive PE ratio and delivering within a now necessary energy transition,in one of the fastest growing markets around is apparently worth average single figures. Well where is the precedent for BMN? Which other company can justify that this low PR ratio is apparently correct because I can't see any that fit the bill.

I remain confident. If there are bumps in the road SP wise so be it. I will just add more shares at silly prices.

If that's the call Fortune has made and those are the reasons then well done FM. He will no doubt be as keen as anyone for the JSE listing to go well so that would be the responsible action to take - in that scenario.

Part of running a business well is being able to flex moves you make accordingly to suit your overall strategy.

These rather sweeping collectivist generalisations about long term holders today are very deliberate. Making out holders don't want to discuss negatives is such an obvious attempt to undermine them by certain contributors and to kill off any excitement that was building towards the end of last week.

I don't think anyone would actually say that SA is in a brilliant political position at all but the question is really about the effect that will have on BMN, and in reference to a SWOT analysis discussed earlier, it is a negative and it is a potential threat. But you can also argue that South Africa is desperate for success stories and BMN is one that is based there and growing, and has advocacy. The same people who use that as an attempt to be negative about BMN rarely credit BMN with the political positioning they have built to support achievement of their goals and how having a diversified international business will aid this mitigation going forward.

BBN, with respect my response was nothing to do with not being willing to engage in discussing any elements that might be negative for BMN at all. It was simply a reflection on the fact that your own post did not acknowledge the already significant drop in valuation Bushveld have experienced and the pain that has already thus far been exerted upon shareholders. As you well know LTH's regularly discuss all facets of BMN and being confident of the end game as most of us are does indeed mean there is no fear around these discussions.

Opinions of valuation are subjective and I am sure no-one is suggesting that the end game and developments that will comprise its formation should be priced in now. My post simply observed the current valuation and was a reflection upon the forces that have been exacted to achieve them and the lack of acknowledgement of this.

Perhaps a rebrand to 'Burford Minerals' would be appropriate.

As are the familiarly numbered sells. This is such obvious manipulative BS.

Haha, yes, perfectly articulated Alfa

The MM's should hang their heads in shame at that spread.

Here we go. Wrong un.

Also the Ask is up.... Just saying.

I agree with much of your post BBN, however your commentary does quite obviously ignore the fact that BMN has already been savaged in terms of valuation, so I would argue that the pain has already been dramatic and over exaggerated. Look at our mCap and PE ratio. They are pitiful compared to what has been achieved, is happening right now and what lies ahead. By any metric, shareholders have already endured a hugely painful time and I am not sure how credibly you could justify more pain ahead - for example a BMN below a £250m mCap when clearly it can perfectly justify at least double that today.