Member Info for Sanchez599

I concur, that is a really strong broker note.

Expert - 3750

Interesting the Vanadium Q4 update came first. Perhaps some value from Lemur is about to arrive...

And in most part when it has it's been about the lack of newsflow.

I know Rob, I didn't take it as one, just sharing my view in response too. All good.

When have we ever had an RNS about maintenance? It would always be in the quarterly update.

Agree on targets and getting closer to nameplate. Who wouldn't, however equally that is juxtaposed with enormous cash generation and profitability.

How many companies on AIM can have this said about them:

Profits from Bushveld Minerals Limited’s (LON:BMN) Vametco vanadium mine in South Africa more than quadrupled last year....

It's a small number, if any. How many companies announcing news like that would you expect to be down..

Exactly Chas. 6 weeks of buying hasn't lifted us yet one tiny amount of selling and profits most companies would kill for is enough to drop us when we were nowhere near fairly valued to begin with. Ridiculous .

#Vanadium shortage continues - #China had 2000t vanadium shortage in January 2019. Supply side remains unpleasant while exports further exacerbates the situation. Little to no availability of V2O5 inventory either. Expect big movement in V price after CNY. https://t.co/YrUmg9PCRa

Most on AIM* predixtive text.

Making more money than most due for AIM with a tiny PE ratio and a huge growth story. Clearly someone is trying to have a go this morning but you really would have to be foolish to think that the SP is anything but undervalued. Look at the trolling this morning. They have no ammunition. Nothing..

I think a better question would be to ask at what point the use of TR1's became consistent on AIM. The fact there is no RNS means nothing.

I would also add that at no point have we announced in black and white to the market the huge cash generation of BMN. At no point has the market had a chance to really react to that and build that in to our share price. That is still to come, and soon.

In my opinion current share price is what it is simply because of a large seller, not the vanadium price. As we have seen during the Erongo sell down, our SP is simply not driven by the vanadium price. Even at current vanadium price levels we are woefully undervalued. If we were truly affected by the vanadium price we'd have an SP at least double what it is now, having slipped back a little from being over £1. If the market is forward looking in anyway at all, we should be even higher. The current vanadium price makes us hugely profitable, which in no way is reflected in our diminished MCap.

I concur re: Mastermines. He is a charming and knowledgeable chap with an agenda that has shifted more than the sands of the Sahara in the last 12 months. Very easy to get caught up in his narrative, but less easy to question what influence the companies he represents and holds shares in have on his position. Nice guy, interesting insights from China but not necessarily best taken purely at face value.

These generic negative observations offer no actual contrarian position. They simply attempt to discount the merit of research through the use of the term 'fundamental nonsense' and discredit a community that has been built through years of shared knowledge.

They ignore the fact that confidence here is a result of Bushveld's continuing successes, the sharing of knowledge over time and the resultant development of a permanent shared community resource (TBP) that is unique to AIM and the accessibility and understanding that has enabled.

Over time we have seen the counter-narrative against Bushveld evolve from specific focused attacks towards more general bearish commentary. This just reads as a weakening position that does nohing to diminish the real actions the business is taking, the size of its profit margin, the necessity of the world to improve the safety of its buildings, the need to tackle climate change, the accelerating global adoption of renewables and the fact scientists are unlocking more and more uses for vanadium every year. All the things that will ultimately and actually drive what happens here.

The amount of people locked into PCP's desperate to get out of the vicious cycle may big to differ.

Well Knuttie, thats the beauty of an opinion! It's your own.

You only have to visit a car dealership to see how reluctant they are to sell you a car for actual cash these days. Finance is what the whole industry is built on. PCP's are evil and a result of people's love for buying cars they cant really afford. And TV's, holidays and so on... The straightforward purchase is the least favourable of all to the dealer.

I just bought a new one and had to be pretty forceful to get it with no added insurances or finance deals, a battle just to pay by bank transfer and own it outright.

Onwards and upwards... It's Friday and we have a big week of RNS' next week. :)

It's fixed. And rightly so.