Member Info for Sanchez599

Fortune said 'we are pleased with what we see in the market' in relation to brownfield. BBN suggested that as a sign at the very least that pricing and availability was agreed, if not an actual set of terms. I agree this focus on either brownfield or Mokopane being the catalyst for Bushveld may actually turn out to be wrong. In reality both Ophidian and BBN maybe right. In a bigger picture, I think when you combine an acquisition with Brits, mokpane greenfield and early Chinese ore deals and backing, you have an expansion programme that is distributed and longer term and builds in support for a growing VRFB/electrolyte business. We all know BMN want and will need to blast past 10000mtv to achieve this bigger picture and perhaps the combination of the two, along with Brits is in fact the answer here. Obsessing over which singular item changes BMN into a major player for me misses the point that it's the combination of all of their activities that is building the behemoth.

I can't wait to see the market try and figure out a forward PE ratio for a fully vertically integrated vanadium platform with a marketplace of opportunity that's about to increase tenfold.

Reminds me of the wonderful Dynasties last night. The MM's being the hyenas of course. Trying to nip you every time your back is turned.

You might need to set off now AM...

Thanks. Imagine a Christmas SP with the momentum from a published dividend policy, BE launching in earnest and Mokopane.... now that would be truly epic.

Nick, welcome back. Re Mokopane, as it was imminent in March do you hold any hope for the license being a 2018 item?

The Chinese simply wouldn't be paying bulk order sums of $35/lb if there was any way they didn't have to and 0 contract prices available. Clearly the deficit is here to stay. As China is a net importer, he is indirectly crooning over Bushveld anyway.

To extend a tweet from BBN this morning - SP Angels published target should equate to £1.47 at current price levels.

The #China spot #Vanadium price continues firm w/ minor increase after last weeks minor decrease. Stability at USD 37/LB. Confirmed there are currently ZERO contract rates in China with bulk selling at an amazing USD 35/LB. and sellers holding firm. My sentiment at all time high https://t.co/LVP4TxDfee

$37/lb and a stable market. Next year looks incredible, let alone Q4.

Wild goose chase guys. LTH's would already have done this it there was any point.

* possible. Ha Surprised that unfortunate typo didn't get **** out.

I would agree Daisan, if the company is making such surplus cash and delivering on its objectives, it is in a very healthy, stable and profitable place. It's obviously personal if you see that as a time to end your investment journey but after such a journey, that becomes the point the company is delivering regular, stable income and (albeit possibly slower) capital growth which would be a double whammy that many would still be very interested in. With Bushveld Energy having the opportunities it does, Mokopane undeveloped and brownfield expansion with pissible debt financing to come, the point is possibly moot as clearly Fortune and co aren't about to run out of ideas and opportunities anytime soon.

There is no if, as regards news being due before year end. BE update, Eskom battery update, dividend policy announcement are all due before year end. Just for clarity, Bushveld would announce via RNS prior to a conference, not during a conference - so they could discuss at the conference.

If you watched the energy storage 101 recently, you will know that Fortune's opinion is that the majority of production increases will come from existing producers. As with most commodity booms most new plays will never happen, I believe his estimate was 90% never going to production. Fortune mentioned raising $300m dollars debt financing was tricky, even in this market. Most new plays have Capex considerably higher that this. Technology Metals is one I am surprised to see tipped. Their Capex is astronomically high and similarly to AVL requires a complex plant build. And also let's be real here, some of these plays may be economical at current pricing but most won't ever go mining because they simply are not lowest quartile in cost - like Bushveld. Considering investing in Technology Metals over a rapidly expanding Bushveld is simply choosing to risk your money on a potentially expensive gamble for no reason.

Name suggestion - 'Making a Fortune - The rise of Bushveld Minerals.'

We really used to attract a better quality of troll. Damn those ever increasing profits. All the good ones know it's not worth trying nowadays.

You can be 100% confident that Fortune would not jeopardise any future plans by giving too much away as a dividend. That is just not his style.

Precisely why we need a more substantive update Daisan imo - I agree. Bushveld must be in contact with the relevant department and be able to explain more clearly why imminent has never materialised. And that JSE listing has felt less and less likely and been mentioned less and less in updates since it was first mooted. It's been a wonderful year however so some clarity on these would be the icing on the cake really. All kept in perspective!

Probably best described as.... imminent.

Crazy really when you think how little time is left between now and Christmas and the big news items we have been informed are due in November / Q4. Alongside those I do feel we deserve a clear update on Mokopane as we have been told it's license is imminent for 9 months now, as well as some kind of update on the JSE listing which has gone a bit vague for me.