Member Info for SickOfTheRatRace

Just to add, you would only be able to bed and isa with Barclays if you already hold an account with them. If you wanted to open an account with say Halifax, you would have to either sell the shares, transfer the money then rebuy (this will take several days). With BMN in it's current state that would mean you could lose several days of gains.

So for simplicity what you would do is open the ISA with Barclays, get them to do the bed/isa then transfer the ISA to your provider of choice. However the latter can take six weeks or more.

Psyurmh the primary benefit of an ISA is that the investment is tax free when you sell and any dividends you receive are also tax free.

The downside if you already have a holding is that you will only be able to transfer £20,000 of shares into it. If your valuation already exceeds £20,000 then you can transfer £20,000 now and another chunk next April. The only way I know of to transfer from a standard dealing account is to sell up to £20,000 then re-buy in the ISA wrapper. Many providers will help you with this and do it for you automatically, it is commonly known as a "bed and isa".

Of course if your holding is valued at less than £20,000 you should be able to transfer the lot.

However one question is do you currently have any other ISA product such as a cash ISA with another provider? If you have paid into this since April this year this reduces what you can put in your stocks and shares ISA by an equal amount.

Take a look at what Barclays can offer you ISA wise (remember you need a stocks and shares or investment ISA, not a cash one) and also look at other providers. I hold with Halifax, other popular names on this board are Hargreaves Lansdown, AJ Bell and Interactive Investor, to name a few. Each will have their own positives and negatives.

Dav3J of course there are a lot of variables and indeed obstacles to getting to a valuation of £4 - 5.

Firstly, there is of course a great deal of current buying support from LTH's at these levels. Pretty much every investor is going to have a different exit point in mind, to get to £4 there are going to be potentially tens if not hundreds of millions of shares sold by existing holders for either partial or full exit that will need to move to new holders. There are going to be a number of psychological barriers to pass, like 50p, 80p, £1 which as we approach are going to encourage significant selling - but selling for positive, not negative reasons.

Then there is the question of how much dilution, if any, is going to be required to meet company goals. With existing cash generation levels we would hope that dilution would be at a minimum, but you can bet that there is already significant pressure to increase existing production and get new production on stream (Mokopane) as soon as possible after the mining right to take full advantage of this period of high prices for as long as it lasts. It may not be possible to fund everything with cashflows, but we will see.

A further question is whether we will ever get to £4 with the very strong possibility of being bought out long before hand.

I said a long time ago that I thought £1 was nailed on for this share. As the company progressed and the Vanadium price rose I re-evaluated that to £3 - 3.50. I think the scale of Vanadium rises has caught a lot of people by surprise and I need to rethink again - certainly I do not see Vanadium prices falling back by any significant margin any time soon.

About a year ago I asked some fellow investors what their selling/top slice target was. One said 30p. One jokingly said £10. Even I had a giggle at that one. It's dawning on me fast that it may no longer be a joke.

Of course talking about valuations of £3,4,5 or even £10 when we are sub 30p is somewhat premature as there are a lot of stumbling blocks to get over in the coming months/years. However as each barrier is breached these targets appear more and more attainable.

It's going to be a very exciting ride for sure!

MadasaHat now factor in Vametco production of 10,000mtv instead of 3,750mtv. At a PE of 25 plus Mokopane there isn't much change from £10 a share. Then add BE, Imalato coal, Afritin share etc.

£10 a share would be 833 x 1.2p for those invested at the bottom.

Two years ago this was total fantasy land, scarily it looks soon to become reality.

Headancer it is against forum rules to offer financial advice. Any decision to buy is solely your own.

All I can say is that there is good reason that so many investors here are either all in, haven't ever sold a single share or indeed both of those things.

It would seem to me that the expected newsflow, increase in Vanadium prices, end of strike, possible end of warrants, chronic undervaluation of the company etc etc would mean that short term the price is far more likely to go up than down.

Remember that no situation is guaranteed. If it was, we would all be multi-millionaires already.

What I can say from my own perspective is that I firmly believe that BMN is an opportunity on AIM along a similar vein to ASOS.

Good luck whatever you decide.

Another excellent analysis Alfa, thanks :)

YTSS £1200 is a representative credit limit that all providers are using so you can compare between them. It doesn't mean your limit will be £1200 as the lender will assess your personal circumstances and apply an appropriate limit which may be higher or lower than this.

At this rate Vanadium could reach $115kg by the end of next week let alone 2018 or 2019!

RichKen "greatly undervalued" remains a galactic understatement.

Sorry to burst your bubble gambit but that's the front cover of the last annual report.

I see no video link, do you have a link to the stream?

Expert10201 the RNS was at 16:15 but the company sent an email notification to anyone signed up via their site at 16:30. I received at 16:32.

MM's, amazing how you immediately mark down the share price by 4p when a strike or continuation of a strike is announced.

How come you haven't marked it up by 4p now?

"In addition, the agreement affirms the important role of the workers as key stakeholders for the Company, and we are pleased they will share in the success of Bushveld Minerals."

As are we Fortune, as are we.

Agreed Alfa, we asked for it, we got it.

It's over!

The next time someone posts that nothing posted on this forum has any effect on price we can remind them of today.

According to Series 3 Episode 1 of Paddington 24/7 the new GWR trains are electric/diesel hybrids. They run as far as Didcot on electric (possibly further now as it is some months since filming) before lowering the pantograph and engaging the diesel engine.

Why is this relevant? Well if diesel/electric hybrid is possible on trains then mains electricity/VRFB hybrids should also be possible. Perhaps Alfa could comment on any technical challenges of a moving VRFB vs a static one.

This becomes useful because it was commented it costs £1,000,000 per kilometre to install electrical infrastructure/overhead cables so even short runs cost tens of millions to install. Some parts of the railway may therefore be uneconomic to convert particularly as there can be massive extra costs to adjust the height of low bridges to accommodate overhead electric. So having trains that can seamlessly switch between mains and battery for periods of time has definite advantages particularly as the railway industry works on long timescales for train replacement - ideal given the lifespan of a VRFB.

Of course the downside to this is the sulphuric acid and what happens to it in the event of a major crash.

There will be considerable pressure on decision makers around the world to address this once the effects are felt, lack of steel will be good for no-one.

Undue delay in granting mining licences will be very costly to local economies as others will take advantage first. At ground level if there are steel supply delays this will add considerable costs to projects.

However one thing is for sure when the Chinese need to get things done they get things done and quickly. I am sure they will already be planning mitigations.

The question is will suppliers and overseers elsewhere in the world work together to address this?

They can start with a Mokopane licence.

I can certainly see why in many organisations there is so much frustration with management by the people actually doing the work. To see years of your creative work being mismanaged in this way must be particularly difficult. Sometimes it is not about money, it's about altruism.