Member Info for Sanchez599

Dollar Vs Rand 15.25 now.

Given the businesses own forecast is c. one Rand less than this, it is safe to assume that V price falls have been offset by ForEx gains.

Again shows that the way this share is treated demonstrates a market that at present refuses to see both sides of the story at any given moment. This is demonstrated in a number of ways.

Penalised for V price drops, not rewarded for currency gains.

Penalised for ops issues, not rewarded for getting them on track.

Penalised for higher costs, not rewarded when they start falling.

At the vanguard of a proven BESS tech and building BelCo at probably the perfect moment. Not recognised.

Bought 2 out of 4 V plants ex-China and got Mokopane licensed? Here's an overall 60% drop in SP.

V price fall from peak to $20, factored into SP.
V price rise back to $40 - not factored into SP.

The list of achievements that the market has persistently ignored and undervalued is remarkable and that is far from all of them.

It is also interesting that AIM seems to love non-producing assets and pipe dreams more than real revenue. It is unreal how many £100m-£500m MC assets and cos there are out there who generate $0 in revenue.

Yes, the business has been atrocious at building momentum and dropped the ball hugely with its production forecasts (remember we were to have been at 5000mtv long before now) and +ve RNS' have been particularly scant this year but there are many, many underlying improvements and overall growth that have born no fruit whatsoever and the upside is now there to be recognised.

I stand by the end of Q3 into Q4 being transformational. There is no chance the shorters will still be here by then. The primary reason being that most of the above will be in black and white by then, particularly ops peformance. The spotlight will be on climate change and renewables (Cop26), VRFB as a viable tech in SA will have to have come out of the lever-pulling shadows and BelCo will be completing its fit out.

Lastly, vaguely interesting how this macro picture of the SP chart is still playing out... It isn't going to be far off I think. We shall see.

https://twitter.com/Sanch3z599/status/1424429075591008257?s=20

Good weekend all. Its been a v poor 2021 for shareholders but imo our luck should finally change soon.

Hi Charles, new poster, but I have been watching since the high 700's and reading the forum most days. I have also been trading this a little (recent entry at 549/sell 597) , I really like the company and am just doing so to build up my holding, lower my average position below recent lows and manage risk in these slightly volatile summer days.

600 showed signs of buyers being exhausted and round number resistance. It bounced off 600 twice, so there was a small double top too. It is worth noting that the 50MA sits at 571 at present. If we close above that, there could well be a bounce tomorrow to new highs. It is interesting that volume has dried up a little bit, could be that many are waiting to see if it bounces around 571. If it goes below, it might well be more bearish, back to 550 or below for another bounce. Long term, it looks excellent from these levels.

Anyway just an opinion on the TA, for interest whilst quiet, Max may disagree. Atb

Ignoring the desperate troll trashing us. The number of G's in his thread title is directly proportional to how much he wants to buy in. He won't be the only one.

Have a read of this thread by Eskom and ask whether it sounds like Bushveld will be involved and what a big deal this is.

https://twitter.com/Eskom_SA/status/1427652837648052234?s=20

Then read this by AVL on a Chinese co's electrolyte production line value and do the sum 2+2.

'It's always interesting to hear what Chinese companies are doing in the vanadium redox flow battery market. Hua Yin Technology's vanadium 'electrolyte production line now has an output value of 1.6 billion yuan (about 247 million U.S. dollars)'

https://t.co/Ihne05fkqD?amp=1

It's a shame V prices are softening a touch, but they are still decent and have thus far been basically offset by currency exchange improvements.

No doubt we still have room to be gaslit downwards by the market however as nothing Bushveld seems to achieve is ever rewarded, only ever negatives penalised.

Pretty poor transaction by the brokers. Achieves nothing apart from a small payday for people who have 0 interest in the stock and is completely against the run of play and sentiment. It's obvious to everyone who is capable of googling "Tin price" that ATM is due a run upwards. Shabby.

This is not unique to us. Have a look at Avacta atm, they are basically experiencing the same thing. Big PI register that is worn down after a big fall so easy to spook into sells just at the thought of an opportunistic short - an easy target, delays to expected goals/news, underlying business is valuable, multi-faceted,big promises of things to come etc etc.

The share price is not in the control of the company. Yes they could do more Comms wise, but they can't imagine news - as much as I would like. They are losing some PI's and some are even more bullish - new people are also entering. They also don't all agree...

Fortune has stated he is going to deliver and that the future is incredible. That's a reputation making or breaking statement in an interview full of superlatives and bold statements. After all that most people have been through here - and remember we are sat here with 2 out of 4 ex China processing plants and BelCo on the way - he deserves the opportunity to get this right. The prize if he does is gigantic.

Aug 16, 2021 15:14:10 12.60p 350,000 £44,100.00

Nice buy...

Wheels within wheels

NT to buy 200k and they want 12.4

https://www.metalbulletin.com/Article/4003324/Home/Commodity-prices-to-stay-high-stabilizing-measures-to-continue-says-Chinas-NBS.html

And I would add, it has been very, very frustrating being a shareholder this year. I think people are well within their rights to let off steam about the current state of play, but Steve is right, shares go up and down and we shot up to 14p from 11.5, so this was pretty inevitable.

I agree with BBN, that there is a lot going on under the hood atm and the 100mw schedule 2 amendment will unlock contracts and clients. It is being gazetted at present and is probably the main reason we havent heard about the ones that Fortune mentioned were being written in the Crux interview.

There is also a short squeeze to come and we aren't too far off the long term support and the 50MA is closing in on us above creating a big convergence, so it won't take too much to get above it when we rally and that really will signal a return to more bullish times. It was at 14p, interestingly during our recent move up and was what we bounced off.

Lots of shares taking a hit today. It's not just BMN. It's also the slow summer period. At this juncture investors have two main options, trust the super-bullish Fortune who nailed his colours to the mast and stated an "incredible future" was ahead for shareholders, or sell at a stupidly low SP. It seems to mainly be the China steel curbs and general economic performance hanging heavily on the SP and causing a slight softening in V prices - They are still around 75% up since January.

The steel curbs mean less vanadium will be produced by co-producers and thus, when the curbs inevitably turn back on, there will be constrained supply. ?

The SP is really annoying, but we have turned many corners lately, are hideously priced compared to Largo and FAR and are due a corresponding move up. Doesn't help the here and now and the fact that scant newsflow is not giving thr markets much to buy on the back of, but things are improving in the bigger picture of the company.

As an aside, check out this article relating to Tesla having problems supplyin batteries for its vehicles. If it can't supply its primary offer, it is also going to struggle with its storage offering, right at a time when we are heading towards COP26, when climate change is the biggest story around and lots of research is demonstrating the cost effectiveness and performance of VRFB over long periods of time at a point when the transition is going to accelerate even more due to absolute necessity and societal pressure. BelCo is flying up finally and we are in the process of expanding production by nearly 50%.

And the opportunity for VRFB is enormous.

https://www.mining.com/tesla-hit-by-battery-shortage-amid-rallying-lithium-cobalt-nickel-prices

Sorry old thread must have been in my history.

https://www.vanadiumprice.com/production-suspension-of-vanadium-nitrogen-alloy-manufacturers-12-august-2021/

Chinese producers hitting the brakes as they generally need to maintain higher prices. Should support pricing starting to settle and a H2 recovery as demand picks back up after the summer.

Chinese prices now back in line with EU/US. Still at profitable levels.

Amazing that the bid for 100k dropped almost instantaneously as that news landed. We have seen this exact pattern before. Low volume days and 25k or 50k sells chipping away at the SP. Everyone was buzzing on Sunday/Monday, then the short lands to kill all buying and any benefit from one of the best company communications we have had in months.

I wonder if GSA have any views on ESG. Shorting a company aiding the energy transition in a developing country isnt exactly the most ethical move a London Hedge fund owned by a multi-millionaire with a personal wealth of £350m could make. In fact it is pretty insidious.

It's actually out! Huge news for Bushveld.

Amended Schedule 2 of the Electricity Regulation Act raising threshold above which a generation licence is required from 1 MW to 100 MW has just been published

https://t.co/Nn8Kta4FVT?amp=1

Supporting the company he leads by being invested has had almost no benefit since 2018.

It's simply time both he and Mikhail delivered some further growth. The time for vague promises is over. We are at 13p and someone fancied a short. That's just taking the proverbial.

We are being hustled at the point the ship is righting itself. Remember how bullish Fortune was in the Crux interview. More superlatives than I can recall used before. He has to deliver now and I think most would agree he isn't the type to lay those verbal foundations without surety they will be delivered upon.

The confluence of the bullishness of the interview, the short, sells, ATM sell down, Enerox litigation and so on is all just too coincidental. I would venture this is nothing to do with the GSA Tesla position.

Climate change is literally the biggest story out there and switching to renewables is one of the biggest things the human race can do to help. The markets focus is going to land on us soon. Production is back on track, prices are still high, the electrolyte plant is flying up, we are expanding by nearly 50% - a project which is underway now. It can't be said enough, H2 is a defining period for this company and the reversal of the long term downtrend.

Things are coming to a head and there is now a short squeeze to add into the mix.

Buy when others are fearful...

All I would say is that given their Tesla investment and the very nature of how and when this has happened, if there was one short the business would actually come out swinging for and deliver some material newsflow to take on, it is this one.

So come on Fortune, are you going to see us beaten down again, or are you going to step up and take it on?

https://shorteurope.com/history_player.php?player=GSA%20CAPITAL%20PARTNERS%20LLP&land=united_kingdom#Bushveld%20Minerals%20Limited

For interest there is a summary of the financial performance of GSA shorts here. You can also track the current progress of the BMN position.

Aug 11, 2021 16:03:56 13.05p 2,000,000 £261,000.0

NT to buy at 13.1 and now 13.2

Aug 11, 2021 12:31:30 13.50p 835,000 £112,725.00

Quite a buy...