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As much as recent events have caused some angst amongst certain shareholders, what an opportunity Bushveld now presents to any new investors.

V prices are perfectly set up to springboard VRFB, creating increased demand which will then potentially cause a recovery in pricing, by which time we will be able to offer controlled electrolyte pricing to the industry. Add in climate change and a green recovery and you potentially have another perfect storm. Except this time we are looking at 8400mtv from 2 out of 4 V processing facilities outside China,rather than just owning a fraction of Vametco.

Now that's an investment opportunity. It's time for investors to stop looking backwards at the last 18 months and start looking forward. 10-15p now is going to be considerably more in the not too distant future.

That's the problem with people obsessing about the short term share price. They are completely.missing the point of what is unfolding here.

Climate change isn't stopping. The limitations of lithium are being exposed daily and the adoption of battery storage is proliferating. People really need to look at what heavyweight long term holders across the world do in downturns. They buy.

Hi Halespur, he directed a post towards me above. It's no biggie, he just missed the essence/point of what I was suggesting.

Faramog, read my post properly. That wasn't what I was saying at all.

$40m dollar / 140mw Lithium BESS project in California rejected.

'Mark Turner, representing the developer, appeared for the third time before the group. He was buffeted by questions and accusations about the technology’s safety record, and tendency to catch fire and pose a hazard for firefighters.'

https://pv-magazine-usa.com/2020/07/21/morning-brief-planners-reject-40m-140-mw-battery-storage-project-for-fire-risk-new-york-adopts-net-metering-alternative/

Because we have a minimum of a $100m expenditure ahead, which is also an estimate and is over 3-5 years. It might need to be done in 3 and is a significant amount of upcoming profit. It would help to solidify the share register with some more larger holders and would give scope to not pressure cash and bring to fruition the much-heralded dividend policy.

The last placing played a reasonable part in our move to 50p. It's definitely not about a back-street bucket shop placing. It's about doing something dynamic at a higher share price to help push us on to greater heights and maturity. It's also just a possibility.

Fortune himself mentioned in a recent interview that it would only be justifiable at a higher share price and I concur. Who knows, it could also open the door to more VIP investments, or project development sooner rather than later. It's about being imaginative and thinking bigger than just doing the bare minimum on whatever cash we have.

Hi James, just for clarification I don't mean right now. We'd certainly have to be a reasonable amount higher for it to make any financial sense.

A share buy back would be nothing but a short lived spike.

I have stated it on Twitter and will echo my view here, we need II's who are prepared to hold for more than one year and to reach a point where dividends begin. Clearly they aren't just buying shares. I would actually support a cash raise to have flexibility with our cash pile to accelerate any expansion of production or the electrolyte plant whilst giving us flexibility to begin dividend payments and to bring some quality II's on board, as part of a FTSE listing. This retail shareholder base is just far too skittish.

Well said. Anyone would think people were talking about millions of shares being sold. It's madness. A bit like having lost another 25% of our value in less than 4 weeks.

Move on people. This is entirely self-defeating.

Brilliant post Buzz. And very much in line with Fortune's comment that BE is going to start revealing it's true value to the group 'sooner rather than later'. The green revolution is building like a wave, regardless of whether Aim traders are currently able to see it or not.

We currently have a MC of £135m. The value is well and truly skewed to the upside now,compared to many UK stocks which are looking decidedly bloated.

Exactly Alfa.

In the midst or fretting about what a couple of PI's do or don't do, people are forgetting that Bushveld are literally just beginning to implement their own vertically integrated USP.

Today is the perfect demonstration of why ultimately we need more II's on board.

GLA and emphasis on the A.

I honestly think this discussion is completely off the mark.

Who do you think is more aware of the share price travails than Fortune? He has made it abundantly clear that he is frustrated and is preparing plans to address the structure of how and where we are listed. Think how proud the company were to talk about the MCap when we around 40-50p. It will be pretty embarrassing to have to explain a 75% drop all the time and equally a low SP means that more shares are issued for every transaction where shares are involved, such as with Vanchem / Duferco. The BoD obviously know all of this and will want to protect the share base.

Fortune was explicit in asking shareholders to keep the faith and I for one think shareholders should do exactly that. It isn't about him doing no wrong, or not criticising, it is about at the very least letting him try and solve it. Continually sending emails and talking about forcing AGM's will get us nowhere.

We have $100m of outlays over the next 3 years. It seems very apparent that work will be done to raise the SP and at the right time there will be a FTSE listing and a capital raise to bring II's on and remove the pressure on cashflow so projects can be accelerated - because they are going to need to be - and so dividends can start to be paid alongside that growth. Fortune was explicit that the value of BE to the group will be seen sooner rather than later and I for one think that will play a reasonable part in the story this year on getting us to that point.

I hardly think that the way the SP has been affected by the market is something that is tarnishing Fortunes reputation. Look at what the guy has done to build this business! If anything this is a reflection on AIM. A market that is driven by day traders and short term boom and bust. It is completely unsuited to valuing an iteratively improving business effectively.

They clearly spiked the ask to make all buyers pay more than they should have done this morning knowing they would pull it straight back. This is the end of market making that I really do not like. Make a profit sure, but that approach is cynical, deliberately misleading and stinks of profiteering.

Perfect isn't it.

https://www.piworld.co.uk/2020/05/15/everything-youve-wanted-to-know-about-market-making-but-never-been-able-to-ask/

Lots most people know, and perhaps not as objective as it could be, but it's quite interesting for anyone who wishes to hear about market making from an ex-MM.

This is pure opportunism following the Crux interview.

You can see exactly why he wants to get us off AIM. What a complete shower this market is. 10% down in 24 hours with no news.

Keep the faith.

https://twitter.com/BushveldMin_Ltd/status/1283675392327528448?s=20

Join Fortune Mojapelo, CEO of Bushveld Minerals at the
@proactive_UK
One2One Virtual Investor Forum today,16th July from 6pm UK time and listen to presentations. Details and registration link:
Proactive One2One Investor Forum - 16th July
event.webinarjam.com

Capa.

No chance. He is just playing his strategy out and not revealing all on Crux. It isn't the right forum for that and he no doubt wants to at least try and use his available leverage to get AIM working better for them in the meantime. FTSE all the way. He didn't rule out delisting from AIM because that's what is looking like will happen. I am glad he didn't. AIM is currently doing very little for them.