Member Info for Sanchez599

Well you can substitute absurd for any word you prefer but you definitely said the following and it was ridiculous. Maybe just concentrate on Bushveld.

' If I followed what most say such as yourself I wouldn’t have a business and be £60000 in debt from university sometimes you must go against the common ways and means.'

Again, I reiterate my comment.

And one thing I have learned in life is that the people who are actually the most successful, don't feel the need to bang on about it.

The important thing to note is that broker targets are moving targets. SP Angel started with a target price of 11p. That target eventually became 87p without Vanchem and is now under review. It's a bit of a non-discussion really because if you buy into the big picture all the targets will be revised along the way anyway. Peel Hunt starting at 45p is just that - a starting point. They aren't market leaders in vanadium research, they are taking a view at a point in time. There is a journey ahead that needs building up. There is no point saying £2 and it takes 3 years to get there. Bringing along investors with an incrementally increasing target is a more robust approach.

I don't think you can conflate the fact that listening to people like others here would have stopped you starting a business. That is absurd and sets you up for criticism because it's an ill-considered comment. Many of us own or have owned companies. Some of us have sold them and done very well. I think there's a bit of 'know your audience's in your posting tbh.

By the MM's this morning met with great buying resistance. Their usual tactics are not having the desired effect.

Yep he did Pdub, another brilliant detail lost in the enormity of the deal.

Perfect to give the team the breathing space to get Mokopane ready to go.

I think there is certainly some truth in your post qwerty.

https://www.proactiveinvestors.co.uk/companies/stocktube/13221/vanchem-deal-takes-bushveld-minerals-to-another-level---ceo-fortune-mojapelo-13221.html

He has proven relentlessly over months and months many times that he is no expert.

Is coming out from Proactive this morning for those who arent aware.

I am sure he won't be talking about fictional $30/kg vanadium and a lack of demand.

Expert, $30 per/kg. You are talking out of your rear.

So you've sold and are now trying the old talk down the share ruse. You've done this before. It's not clever and it is obvious.

Expert - it really is more complicated than that. Cycles yes but to suggest there is no demand is patently false. How's the American V price holding up? The Chinese who are reluctant to engage in anything below $50 per kg? Just a mischaracterisation or the many layers and forces at play here.

It is worth holders having the long stop date of July 31st, fully at the forefront of their minds.

During the run up to the completion of the Vametco acquistion, there was a number of RNS's regarding financing and terms which helped show the market the deal was almost over the line. The share price started moving up in advance of this date, but as many know, it wasn't immediately after the deal was announced. The Vanchem situation is different due to the financial strength of Bushveld and the maturity of the business and the types of financing involved however it is worth noting that there may be more of a gradual adjustment upwards than our last jaunt to 50p. This is something tp be pleased about, as it may mean it is less fragile. But, the point being is that immediate fireworks to move us to yearly highs is both unlikely and should be unwanted by most who have a serious long term aspiration for reaching new highs.

There is a line in the sand where we should have expected some serious accretion in our share price and that is July. It will be compounded by full year results and potentially will be close to our JSE listing, should it happen when currently planned.

Obviously the Mokopane license should land at some point within the next 3-6 months to hit the 12 month timeline suggested by FM for it to be active in at least some regard. There is a chance all of these things will be in quick succession and will set us up for a very positive summer, but don't be perturbed if it is a case of building slowly, not immediately. In reality that is just what we need both to add some solid foundations at new highs and also to shift those who we have seen have a desire to sell. .

As Ken has shown there is plenty to expect in the interim, not least Brits and Vametco resource news and Q1, but they should be seen as helping keep up steady momentum not massively catclytic in themselves, in my opinion.

I'd be putting a very big red circle aroud July 31st on the calendar.

It's like he thinks no one has a memory on here.

They definitely want shares, despite the game playing.

Glencore really have not managed to 'corner the market in vanadium', as they have expressed is their intention previously. I really hope Largo stand firm. As you say it could be instrumental in building a more stable V industry if their period of dominance outside China can be brought to an end.

12 months from now.

What a joke.

And what a spectacular acquisition and presentation..

'Mokopane’s development will additionally allow the Company to sell massive vanadiferous magnetite ore to primary or
secondary producers worldwide.'

And look at how the share price moved yesterday, a day before the news and how trolled we were. It stinks.

And I am so pleased for you to get this news today. I know how grim facing chemo is and I know what a difference this will make for you.

All the best and stay strong.