Member Info for Sanchez599

It is very apparent that the extent of this latest move is lacking in credibility and there is a serious value disconnect.

1. Our SP peaked at 23.9 as SA was nearing its Covid peak. Cases are now over 80% lower.

2. Vanadium price rises since we started to fall back have added significantly to our profitability.

3. BMN have never communicated what they have tendered for with Eskom so in the same way we aren't seeing forward pricing in of success, there is nothing in the SP for it at all.

4. Our ATM and IES stakes have flourished in recent months. Gains that again are not reflected in the share price.

5. V prices are at 2 year highs. The SP hit 28p when we bought Vanchem, hadn't made any money from its sales and are now funded for the next stage of the refurb. All whilst we have grown production since the acquisition across our facilities. Vanchem is also 100% owned.

This drop is overdone, oversold and should have already been reversed and it could not be more clear that we must re-rate to new yearly highs very soon.

Nearly 1/3 off the share price whilst vanadium prices have kept rising.

Sure. That seems reasonable.

There is a pram with toys scattered around it for a 5 mile radius somewhere in Switzerland this morning.

If investing doesn't work out for him, he definitely has a career on stage beckoning.

(worst party idea ever)

Some of our visitors are sounding worried. My money is on them having to make this morning their last push. V prices will be published tomorrow and they are going to show a substantial rise. Being long on Bushveld however, it doesn't really matter. If you are short or looking to buy back in, it definitely does.

"Canada's Largo Resources is positioning itself for a potential boom in #VRFB demand and does have a scaleable and high-quality deposit to move forward with."

https://twitter.com/LargoResources1/status/1361682639577563136?s=20

Diamondlover, that is absolute nonsense. Vanadium prices are jumping upwards and you are perpetuating a narrative that suits your own book and that is sadly detached from reality.

Good luck to them. There are always sellers and for many different reasons. Look at Erongo. They didn't care there would be a huge spike in V prices, look at Golden Summit. They look like a distressed seller now.

The fundamental points are that our SP doesn't reflect our core business let alone the other licenses, assets and VRFB opportunity we have. V prices have kept rising whilst we have dropped nearly 30%. It's always noisiest at points like this. Always loads of unknown posters who claim to have bought in in 2017, then it will all go quiet as the SP turns and the bulls are back in charge.

With the year we have ahead 17p-18p is laughable.

It is Capa. Obviously.

The trolling lately is a good sign people are looking for entry points. We are oversold, V prices are rising again and news is looming.

I would really like to see the company start being a bit more aggressive in this high sentiment commodities market.

Sidenote - well done AfriTin. Absolutely sterling socials and newsflow lately.

Diamondlover definitely is. Lol

Perhaps take a second to consider that a guy who is revelling in people replying to his pathetic thread on SA corruption might not be someone to keep indulging with replies.

TBH Faramog, I agree - that's the one I can really take or leave because if the business truly delivers what it is aiming for the market we are listed on ultimately won't matter. Anyway enough from me. Have a good one all!

Cheers guys, very decent of you to say. Having built up and sold a business from nothing I am fully sympathetic of the ups and downs without losing sight of the big picture. It is equally is why I don't suffer fools and won't ramp without substance, I have seen too many pretenders. But that also means I expect the business to perform to the best of its capabilities and act to make my investment grow significantly. Otherwise why are any of us here.

I would hope that Fortune himself is disappointed with the current levels of shareholder returns for those who have bought into him personally since 2018 and feels pressure to improve that. That's why I keep mentioning complacency lately. Not that BMN are, just that they need to not take us for granted. I will support Bushveld as long as I believe in the business plan and see that the people delivering it demonstrate that they are working hard to reward the investment I have made. Things like not replying promptly to emails and missing opportunities to communicate are simply not ok in the world I come from.

I find this kind of analysis is symptomatic of being annoyed with short term share price (understandable - the last 12 months has been tough if you held all your shares and supported the company) rather than being based on any kind of rational assesment of what the company is actually set to now achieve. We should be nearing 6000mtv per year in 2022 with VRFB starting to infiltrate the domestic market this year. We are seeing vanadium prices starting a 3rd wave of rises (see Friday posts) and they are underpinned by a deficit and a voracious Chinese appetite running ex-China stockpiles down. V price rises alone should deliver record highs if they continue as expected.

Personally I believe the business is now on the cusp of realising its vertically integrated model and sharing the extent and nature of the partnerships being built and role of assets like Enerox. The market is crying out for this picture to be painted vividly in neon colours. If we are also honest as shareholders we have not seen any upward value from any of the developments (IES,Enerox, Mokopane, Vanchem, production increasing etc) and disproportionate levels of return for the support given, particularly for those of you who have arrived since low single figure SP's. Conversely however it has now created a situation where we now have real fuel to power SP moves in a commodity supercycle when combined with new upward price moves and project wins. It is absolutely on the company to not be complacent and to deliver the right Comms to make this opportunity as effective as it can be for holders in a sentiment driven market that doesn't care for the understated and is becoming more and more bullish and more and more noisy.

Three other things which would obviously help shareholders would be firstly (and repetitively) getting off AIM, secondly, bringing new II's that actually genuinely support the vision like we do. (II's who buy shares without lending us money or selling assets to us who would start to bring some renewed energy, balance, resilience and resolve to the share register.) The third would be investors here actually showing some conviction for their investment and helping to build sentiment. Everyone has a part to play in that. It's not about ramping blindly, it's about helping promote the real intent of the company, sharing research and supporting the progress being made to achieve those goals,realising that new investors in the main read forums whilst they research and make decisions based on what they read.

One thing for sure, the company is fortunate to have a base of such committed investors. They need to now deliver the returns that support warrants. It's time to see some of those entering in the last 2-3 years making some money.

Same date threshold reached as the Grafton Commodities holdings RNS (24/12). That seems a bit too coincidental.

Huge speech last night, with direct reference to tenders for state electricity providers we are bidding for and the focus today is on why we seem miles behind a company with no national scale tenders or electrolyte plant on the way because we haven't got a 12 page newsletter that looks a bit like a student graphic design project.

Imagine all of the hints and suggestions in the SONA last night, the closeness of the tender results and transpose that on to a situation where we were a UK company and the UK government had just said everything the SA gov had.

Today we would, without doubt, be looking at a sharp anticipatory rise.

I am reminded of the many daily briefings by our blusterer in chief and next day reaction by Covid shares for example...

Both tender announcements stated as close and the embedded generation threshold is going up. That will unlock a lot of projects and customers.

The focus on buying local and committing to building new domestic green industries is very clear. Very strong narrative about local manufacture.

We are, as we have seen many, many times before approaching news and at the tail end of a retrace from 23.9p, of around 50% of our recent rise and 25% of the SP.

Always around these times on nearly every share and here on countless occasions, do discussions have that tone of frustration we all know well. It's a symptom of investing that people are more likely to sell and let psychology get the better of them when the SP is low, and more likely to be most bullish and buying at the very peak of a rise. This is about as textbook as it gets. It's nothing to do with progress or the fundamentally bullish outlook for this share, which it should not be forgotten, is facing the triple whammy of a commodities supercycle with rising prices and a supply deficit, infrastructure investment and a global energy transition to recover the world's economy post-covid.

*affect their ability

Imagine you work at a business and your CEO tells you to take a loan out because your share price might rise. You would have to be as thick as a lorry full of mince to think a serious business leader would do that when the downside is incurring debt for your staff.

This really isn't complicated.

A director would not advise staff to gamble on a share price, the result of which could their ability to settle a tax requirement. Seriously how irresponsible would that be?

This is a non-issue and look who is trying to make it an issue. The guy who always professes what a raw deal he gets. This is why.