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BMN are the West Ham of investing. People are disinterested & assume we will have a bad year, but from nowhere we will rise towards the top of the table.

At a 1% per day increase, V price would hit $40 next Friday, And then $45, two weeks later (Fortune's sweet spot)

Paul150

Thanks, so based on your analysis, every increase of $1 per Kg adds $4m to profit in 2021.

Surely production costs will fall significantly from your figure, so the picture is even better.

Every increase of $1/lb in the V price adds around $5m to BMN's profit annually. So, if you assume that BMN break-even on $35, then you can start roughly calculating their profit. Not an exact science with the production costs, but some guidance.

The only real driver of the share price currently is the V price & to a lesser extent, the production costs. Higher production costs should actually lead to a higher V price. BMN cannot control the V price or the exchange rates, so we are where we are. Bushveld Energy is not valued at all in the share price currently, but this should change in the coming months. I would happy to see a large V price rise leading to a substantial share price rise. This would give more time for BMN to develop Bushveld Energy.

Sorry for that BBN, but I am getting very excited about my investment. Also, the V price rose about $50 in a month in the last spike.

BBN suggested the the V price could reach $60 this year. I honestly believe that based on future production, the share price could be north of £2 with this V price.

Lets think about how we would feel if the BMN share price quadrupled in a week. Have a good weekend all, it could happen !!

The increase in the FAR share price can only be good news for BMN as it puts the spotlight on Vanadium. When some of these investors take their profits on FAR, they may look for another Vanadium company to invest in. I can think of one !!!

I was very upset that I did not sell some shares at 45p, especially when the share price went down to 10p. Anyway, hopefully I made the correct decision !

Just found an SP Angel note dated 7/11/19. They forecast sales of $235m in 2021 with a FeV price of $45/kg and a net profit of £102k. Valuation was 82p. Therefore, we can hopefully expect a large valuation increase for BMN fairly soon .

According to SP Angel note, BMN make a profit of $6.5m on a V price of $35kgV. At the current rate of increase, we could hit a V price of $45 in 2 weeks time. This would mean extra $45m profit per annum if costs etc remain the same. What should BMN do with the extra cash, dividends, pay off debts, Mokopane ?? Would hardly be a shock if the V price hit $55 within a couple of months. What would we do with this extra cash ? Won't also be too much tax to pay on 2021 figures due to losses in 2020.

Therefore, if the SP was 24p on $27 Kg, the SP should be around 35p now based on your analysis. Everything looking extremely positive here.

Interestingly, if the RNS re Ian Watson came out today, it could have destroyed the momentum. I now believe it was planned to release it yesterday.

No, £1.48 by Easter. I must calm down & go back on the medication !

Well that was a quick rise. Now forecasting to end up over 19p today, threatening 25p by the end of next week.

The excitement is killing me. What will the Vanadium price in China be on Monday ? You would need to be insane to be out of this share over the weekend. I think we could end up over 18p today.

Why did they not all sell the shares when they were given the share options ? No one would have said a word, annoying but not important in the greater scheme of things

If I'm reading this correctly, Bushveld Energy is only valued at 1.5p.