Member Info for zeusfurla

Buzzzipster I think you have been a private detective in another life. That's some great stuff you are digging out. Thanks for your research. I've not been around long enough to answer your points. Main reason I think for lack of licence to date seems to be the huge backlog and slow pace of processing on the admin side. We'll get there and I agree with RK it looks like this year given the renewed push from Ramaphosa for investment and jobs in SA.

LSE clearly want to keep the Bushveld board as an example of best practice to support their business model and will not tolerate deliberate attempts to trash the board and make it unusable. All holders of all descriptions and views whether positive or negative on sentiment benefit from the information on this board and have a duty to keep the debate as helpful to our investment decisions as possible. LSE have my complete support in what they have decided to do. They may miss a few or delete a few that should have stayed but for the greater good and integrity of the board all genuine investors should support their action.

Significant move through 100k offer at 37.2p?

+1.1% - market responding positively.

JPM has increased its holding - a vote of confidence. See RNS.

http://www.miningweekly.com/article/battle-lines-drawn-as-opposition-parties-contest-ramaphosas-eskom-unbundling-plan-2019-02-12/rep_id:3650

A positive update on how SA and Ramaphosa are tackling the restructuring of Eskom. It will be a tough but necessary journey.

Cookie Some good solid buys today. Maybe the start of a trend pre-PEA?

Bushy share price has taken a hit in the last 2 weeks and sentiment has dipped amongst a few of our posters on the board. That is completely understandable. I feel frustrated that the company's great prospects are not recognised by the markets - but they will be. At times like this I remind myself of 1 or 2 things.

Investors make money by buying low and selling high. We know that the current sp is a good buying opportunity but our brains are saying 'don't buy' because the sp has dropped. The greatest investors overcome their emotions and invest based on this sound principle. You won't make any money by buying high.

Brokers such as SP Angel have set target prices well above the current sp. There have been many articles setting out the good prospects for Bushy this year and beyond.

We have no debt - not many other companies can say this.
We have ongoing cash flow into the future no matter what the production level, vanadium price or election outcomes. Yes there may be a few blips but the numbers don't lie.
The risk is all to the upside.

Short-term no-one especially not me can predict where the sp will go but we can surely be certain that a year from now it will be way higher than now. Others have posted our low PE ratio - it is easy money to buy and hold. Don't look at the daily sp if it causes anxiety as no-one can control its short-term direction.

There may be shorting going on as is happening now - that is temporary and will be resolved soon. Shorters by definition don't hold for the long-term.

News will come and likely be positive - I can't say when. We know that Bushy comms is not a strong point. For example we know that tenders for the electrolyte plant close shortly. Most other companies would have RNSD'd this - not Bushy. They seem to hide their good news and it has to be dug out by intrepid holders from this board.

As ever patience is required. Investing is not gambling. It is taking sound financial decisions for the benefit of you and your family and holding firm on these. There is no news out there which should discourage those with conviction from holding Bushveld shares. Nothing has changed.

Good luck all with your investment choices.

Raz10 Thanks for posting - really good article. Sets out the scale of the growth possible in the VRFB area and the extent of forward planning by BMN and BE to ensure they are well-placed to deliver significant returns to shareholders over the next few years.

The shorters are feeling some pain tonight. Nice of them to drop by for a chat. A good sign that they don't have much left in the tank. We just need to be patient and wait for upward momentum. Good news won't be far away.

No worth replying to someone who says - 'That's what me mate Dave told me down the boozer'. Do you trust this from waccybaccy or the quality research from posters on this board? Lots of trolls from TECA just appeared talking drivel. My advice is to ignore them all.

What I find most encouraging is an apparent change of approach in the latest RNS. This is more circumspect. I think as faramog alluded to there has been learning on the part of the management team and future predictions on production and elsewhere will be more realistic. It's ok t miss a target or 2 but you should also exceed a few. There should be stretching internal targets for plant management but not so much ambition on figures published to the market.

Buzzzipster Good spot - thanks. Just had a look. It always surprises me that Bushy doesn't publicise news like this more. It's almost like they ewant to succeed without telling anyone! Modest to a fault. I hadn't realised the tender process for the electrolyte facility was so near closure.

Already matched total volume last Thursday. Could be a busy day.

Alfa It's great to see your trade analysis back with a bang! Terrific insight and hard work - after being away working at Bushveld you are back at it this weekend? I think a real holiday is in order soon (please take your laptop with you!). More selling last week but if you remove the volume of shorts the excess of buys over sells has remained pretty constant c300k per day or more. Every sell by a shorter requires a buy at some point - a highly risky way to make money.

RK Just caught up with the last 2 days posting having been away for a bit and many thanks from me - you have been on fire this weekend! Great to see you reminding us all of the fundamentals.

Worth noting that Peter Lynch, investment guru of 'One up on Wall St' writes that (amateu) shorting tends to become most pronounced just prior to the bottom being reached. We can't predict exactly when this will happen but I have been encouraged by the number of amateur shorters on this board particularly yesterday - it is a very positive sign.

Like Ophidian I will be sending positive thoughts and intention to you on Tuesday - these really can make a difference - stay strong and true.

FR I followed BMN and invested after quite a lot of in-depth research. That way I have complete confidence in the medium and long-term for BMN. I regularly review my reasons for investing and the current sp weakness just strengthens the value proposition on offer for me which is why I topped up in the last few days. Short-term trading for me is just gambling as is trying to time the market - good ;luck to those who try but it usually ends in tears. As Endion mentions below there are many varied reasons in the short-term for selling to take place, covered in depth on this board in recent weeks. TBP gives a great example of Erongo selling down last year. I know that some traders find charts beneficial, I tend to try to track sentiment in other ways although looking at a chart now and again doesn't do any harm. I just wouldn't take any decisions based on charts alone. I hope you can find at least an hour to research here - there is a terrific story unfolding. It would be good to have you as a committed holder. TBP is the best place to start.

FR I wonder why you have appeared here? Do you have an investment? Are you a LTH? You have focussed on disrupting the Solgold board and now think it is time to try the BMN board? I'd suggest doing some proper research before making deramping comments.

Fatbanker Thought the 89k looked well-timed. Gla.

RK Thanks for some terrific posts again tonight. It's always good to revisit why you invest in a share especially when there is sp volatility. By my reckoning Bushy is down 8 days in a row (using my own estimates not market figures) and you know what? I re-appraised why I invested earlier this week and have increased my holding in the last couple of days as I am so confident in this company. I am not a long-term holder - just a few months and am not making any money here yet but confident it will happen with patience. Yes, everything won't go right all the time but the fundamentals are incredibly sound. Vanadium in the ground which can be extracted - that's an asset with a chunky market value. No debt. Cash in the bank and growing markedly quarter on quarter. Prospects for VRFB's which if they come off will dwarf vanadium mining. If they don't we are still way undervalued.

I really appreciate Alfa and ninjamagic giving up their own time and money to visit Bushveld and create some great reports which they have shared with us. The genuine Bushy shareholders appreciate this and that includes those who have doubts now and again. This reinforces our confidence in the company and its management. The others who try to disrupt - I don't care about. In fact I am highly encouraged by the increase in disruptive posters this week. It's a sign of some serious shorts being placed. There must be an easier way to make money than this. Just remember every short has to be bought back and we saw the effect of this when the sp was c42p and is went up quickly. Good weekend to all and revisit your reasons for holding and sleep easy with renewed confidence.