Member Info for Sanchez599

https://www.thebushveldperspective.com/blog/public-articles-1/post/the-end-of-erongo-260

Well worth a revisit.

Yep and for those who may not have been here or have a shorter memory the times immediately before the end of Erongo were rather dark. However straight after the overhang cleared there was unsurprisingly a great deal of voices professing that they wish they had bought more when the SP was low...

That opportunity is here again.

Great post ZF, there is also plenty of precedents for how quickly the stifling of the share price can reverse into more fluid upward movement both at the behest of the MM's and also off the back of news. Clearly this is another low point but these low points are always part and parcel of the overall reversal of fortune that you suggest. A necessary evil in the bigger picture, despite the frustration it creates. For those on the sidelines and for existing holders times like this also creates opportunity and perception of these situations can often simply depend on the availability of funds to the individual to take advantage and thus how that translates to the nature of posting here.

We have had so many markers that indicate an underlying strengthening of the business from big ticket items such as the V price starting to move up and Vanchem, to the actions of the shorters/sellers that should provide much positivity despite the here and now. There are also less obvious signs such as working backwards from the date Mokopane is supposed to be online to suggest news regarding its license is due and what that may contribute to the business and when.

We have a diminishing timeframe toward the completion of Vanchem and personally I can't see the SP being anywhere near this price following completion of that deal, as happened around the Vametco deal, which again give some precedent for analysis of what may take place over the next 40+ days.

Every rise is jubilation, every dip is the same doom and gloom posts. It is a bit strange how some people (not all) seem unable to take a more strategic view of the situation. Anyone who owns shares must surely expect ups and downs and this has happened a fair few times of late. We know there is a tame seller, we know there are shorts, we know there is coordination, the question perhaps PI's should ask more strongly is how they could each respond to this rather than just getting frustrated every time.

When has this journey ever been straightforward? It's surely anyway much more about the big picture rather than obsessing about the minutiae anyway and that picture is brilliantly clear thanks to Fortune and co.

No chance that is a genuine sell at that price and size. More from the bottomless pit.

Remember those are not all PI sells, many of the round number trades are from the tame sellers pot. The balance would be very one sided without them and the SP would be up significantly.

I see they even managed a little nudge down to 26.7 at the close. This is farcical.

If it wasn't so seriously corrupt watching the hand holding taking place behind the scenes, it would be laughable that today's volume can correspond to such a tightly bound range. Add in the 40p steaming pile of BS from earlier and you have a level of theatrics that Cirque de Soleil would be proud of. Or maybe a Saturday morning pantomime matinee would be more apt. Ridiculous.

I am sure I am not the only one who thinks we will be talking about much higher share prices in reasonably short order.

Gla. Good times ahead.

No worries Alfa, the one my family had was pretty recent but maybe not the newest iteration as you say. Interestingly it was a surprisingly fun drive but the range anxiety issue was the nightmare most worry an it with EV. It dropped so much quicker than you would have expected when you were driving to the point where you would need to turn off every comfort just to hope it would get you where you needed to go. That's not a good consumer experience but as you say maybe they have improved a little on that.

Contesting should be contrasting, sorry - auto-correct.

Just a quick note on the EV discussion - this is a great article contesting the troubles facing slow-moving, horizontally-integrated German car companies with change being forced upon them Vs agile verticallly-integrated firms like Tesla. It has a notable parallel to BMN and it's genuine potential to disrupt a huge, staid sector with its lofty ambition, and innovative vertically integrated model.

Ps - my family had a Nissan Leaf, there is no way they can do the advertised 200 miles. It's far, far less in the real world.

https://cleantechnica.com/2019/06/15/illusions/

GKB, can you possibly refrain from using derogatory racist slurs when referring to entire races of people. It's not the 1970s anymore.. amazed everyone is just cool with that. Ugh gross.

An emphatic yes. And its not about whether there are or not, there is one right now wearing a gimp mask being fleeced joyously for all of their shares.

There's a tame seller being kept in CFEP's torture dungeon.. When they break free all hell will break loose.

Totally agree SOTRR, except for one small point. We are no longer just a player in the mining sector.

The importance of today's developments can't be overstated. This company is going to be huge.

Sounds like a lot of desperate phone calls being made this morning.

Everyone knows where this is going, look at what tactics are being resorted to. The only thing holding this back is the even more pathetic tactics with the tame seller.

Re-rate on the horizon. Plain and simple. Every dip is now an even bigger buying opportuity than ever before.

Hugely significant news. Anyone want to still try and describe us as just 'a vanadium miner'?

Cheap tricks spiking up and quickly walking back the bid. Don't be fooled, this is a monumental step for Bushveld Energy. Well done Mikhail and team.

They know the vanadium price is rising and their window of opportunity is diminishing quickly. This is looking similar to when the vanadium price started its monumental moves last year. For a game where the premise is to buy low and sell high and to catch a market as it turns, BMN is pretty much a textbook example right about now.

Oh the rudeness! Let's spare a thought for ATG having to put up with such tiresome behaviour when he is such a stand up guy. Of course we all remember him trolling BMN in the most rude of manners only a few short weeks ago. How gloriously hypocritical. What a knob.

Well said, talk about missing the point. This diatribe on SA politics is a waste of air. Many seem to forget the inordinate amount of progress made by BMN was made under a Zuma govt. SA is clearly making progress since those darker days. Just the usual attempts to add cynicism and negativity in disproportionate amounts when we are clearly entering more positive times on most fronts.

Suggesting we need V prices much higher for a significant rerate shows a real lack of understanding of the fundamental nature of why BMN has been built the way it has. How many times do you need to be told this? Prices going up a bit great, but BMN's future is not predicated on sky high V prices. It is a first quartile producer that does not need high vanadium prices to realise its growth and be exceptionally successful through mining and processing or VRFB. Honestly Expert, you really do need to do some very basic research.