Member Info for Sanchez599

The world is going to have to wake up when it sees what this battery can do - how it can be located in an urban area without a fire risk, how it can be used as often as needed with no degradation and how long it will actually provide 100% of its performance for.

Oh and fancy renting the vanadium and reducing upfront Capex businesses coming out a pandemic? Sure thing.

That's exactly how forums work. Well done. Personally I think you got across your message of wanting a lower share price at the expense of others very well indeed.

If you look at the share price, you probably wouldn't realise that VRFB is breaking into the 5th biggest economy in the world... ahead of India.

Love how we were nearly 40% higher (mid 14's) only a few weeks ago and nothing has changed apart from the Chinese vanadium price being higher as we sell more to them.

Aim - where sense and integrity go to die.

Cautionyourblast, and anyone else interested in what might happen in a few short weeks when this apparent share overhang ends.

https://m.youtube.com/watch?v=o4gs5JMLGys

Have a watch of the above and ask yourself if the relationship between the Vametco purchase and subsequent Erongo overhang is similar to the current situation with Golden Summit and the timeline for Eskom and Duferco (and also in some respects, the final visibility of the Vanchem deal).

Add to that the fact we have had 3 acquisitions that so far have caused a huge drop in value and in terms of market performance, have not added any value to the overall SP, a rising Chinese vanadium price, expanding production and completion of a funding deal that is being mooted as one of the best around.

We are also trading below the most basic metric - NAV. This simply cannot last. People will be moaning and wondering if we will ever rise again right up until we do. Notably they will be buying more shares in between moans.

Look around AIM at some of the valuations floating around for non-producing assets and add the inescapable role that Bushveld are/will be playing in the energy transition that is building and building by the day. There is a coming together of all these items that currently the market refuses to acknowledge. Ultimately it will have to.

The most relevant example is obviously Erongo.... I'm sure Alfa has a video somewhere...

It does not seem it was as jovial and equitable as that Colt. They may not have had any issues with BMN as a business but look at the voting at the last AGM.

https://twitter.com/profitseeker68/status/1314496538203361282?s=20

Watch it. Sound familiar?

Exactly Alfa.

GS

Chikas comms communicate the suggestion of a partial sale and a partial transfer. So let's be absolutely clear if this portrayal is correct the facts are that this means GE do not have their entire holding to sell down, and the calculations everyone has been sharing are totally incorrect and potentially this is going to be over sooner than some may think. Anyway sorry to take up the board, it's been bugging me!

The word 'accounts' is interesting. This implies that the shares are being split into holdings that perhaps don't show up on the top ten of the register or aren't notifiable.

If that is correct then where, oh where are these shares PI's are buying actually coming from because it simply cannot be the case that the equivalent of GS' shares (whatever proportion) are being bought with no impact on the share price, when in fact Comms from Bushveld suggest GS shares in the main are just being moved around.

It feels a bit like the Vaneck situation except there are no declared shorts at present.

Brasi - possibly but Bushveld would be able to see as clearly as we can that the impression given from the trading is that shareholders are being asked to buy these shares before we are allowed a rise of any significance, and they would have a responsibility to interrogate what would be very obviously dubious information. If it isn't a sale and Chika is correct, then there is one hell of a naked short running concurrently because all of these buys simply cannot have zero effect if they are not being offset with genuine sells.

Something really doesn't stack up.

Sorry last thought on this - it it is a transfer and GS are in effect selling, hence their disappearance from the register, who is getting the shares? - in effect they should ultimately appear on the register if it is one party. Anyway if anyone thinks they have a definitive answer, I'd be very interested to hear it.

Surely it's a straight sale in this instance as it seems very evident PI's are buying them up. But that does beg the question as to why Chika would state they were being transferred.

It also highlights again how opaque, illegible and deliberately confusing this market is in the way it handles large trades. I don't think anyone could call what has happened to our SP as a result of all of this, orderly, and honestly Libero if you did write to the FCA, that would be the angle I would take. An orderly market is the justification for why trades are handled as they are. This is anything but.

Email, not letter - I believe Gambit and Chika did in fact communicate this century.

Imagine selling this many Bushveld shares at 11p.

The bit that really has me stumped is that if as Gambit's letter from Chika is correct and the GS shares are a transfer rather than an outright sale, then in effect this is one giant bed and ISA , BUT, and here's the crucial part - we are supposedly only seeing the sell side.

This implies one of three things.

1. It isn't a transfer and is a straight sale. If so why would Chika state that it is a transfer?
2. It is a transfer (similar to a monumental bed and ISA) and we have yet to see the corresponding buys.
3. Half of the published trades so far are in fact buys.

Thoughts?

Share centre has been bought by II. All accounts being migrated early next year.

Yes he does. Look at the funding deal. That is one of the best CLN setups you will see, with investors value at the heart of its inception.

If you took the time to look more broadly at what is happening you would conclude that he just isn't after a few RNS' and a quick bounce to 16p so isn't being continually reactive.

Eskom win / JSE and FTSE listing. Game on.

I wonder if we are parting ways with SP Angel.

The irony of this Erongo-esque fever dream that 2020 has become for Bushveld shareholders is that we all know that the price will rise once this large volume of shares have been sold / transferred.

This will yet again demonstrate the utter absurdity of AIM and confirm what we all knew, that we are deserving of a much higher value. A value that is determined not as a result of the businesses performance, but simply by the actions of a singular entity deciding to stop selling or running out of shares.

This influence a single external company can have over SP value makes a total mockery of even providing such detailed company financials as we do and LSE providing information such as PE ratios. They are meaningless on a market where value is determined by obscured dealings behind the scenes. It's quite remarkable anyone investing on AIM even refers to them.

Some question why we haven't seen a rise as a result of the IES news. It's actually more tragic than that. InVinity are now catching us up value-wise, whilst having a fraction of our capacity to generate revenue and they wouldn't even exist without us. Personally I am still waiting to see our share price benefit from buying Vanchem but hey ho. (28p when that transaction completed).

We have had to watch our holdings be instantly penalised by any negative market news, lockdowns in countries we don't operate in, without any recovery when they end or any recovery when other shares in our sphere have done so. I am as confident as ever in Bushveld but I am definitely ready to stop seeing people continually gaslit by this dodgy market into thinking this company isn't going places when it so clearly is.

Bring on a FTSE listing and let's see if we are worth just under 4x that Kazakhstani mess that is FAR. I think we all know the answer to that. We should have never fallen this far.

I look forward to positive days ahead for all of us who have stuck with Fortune.