billselsey
26 Oct 2018
Bushveld Minerals 'still very undervalued' as earnings soar It would be good if people knew how to use it. This board is hopeless. The whole site is useless.
TheEcologist
17 Oct 2018
Bushveld Minerals 'still very undervalued' as earnings soar Very quiet on this board but not at BMN. Madagascar coal / power production moving forward abnd the following update from Fortune has just appeared in my in-box. Of particular interest is the remark at the end of the short text: “A dividend policy should be in place by the end of the year†… Starting to get interesting. Proactiveinvestors UK Bushveld Minerals 'still very undervalued' as earnings soar Fortune Mojapelo, Bushveld Mineral Limited’s (LON:BMN) chief executive, believes the miner's first half numbers were good 'by any stretch'.
Lady_Jennifer
28 Jun 2018
Great news coming - SOON Bushveld Minerals Limited 28 June 2018 Market Abuse Regulation (MAR) Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement. 28 June 2018 Bushveld Minerals Limited (“Bushveld†or the “Companyâ€) Bushveld Vametco - Completion of Phase Two Bushveld Minerals Limited (AIM: BMN), the AIM listed, integrated primary vanadium producer, with ownership of high grade assets, is pleased to provide an update on Phase Two of the Vametco expansion project. Bushveld has successfully completed the second phase of the three-phased expansion project at Bushveld Vametco, on time and within budget, allowing the company to take advantage of the high vanadium price which has persisted in the first half of 2018. This phase of the expansion project increases the annual production capacity from 3,035 mtV, achieved in Phase One, to 3,750 mtV, with a capex of USD 2.5 million. Fortune Mojapelo, CEO of Bushveld Minerals Limited, commented: “The completion of Phase Two of the expansion plan is an important milestone on the Company’s journey to a 5,000 mtV per annum production capacity and beyond. The fact that this has been done in time and within budget is testament to the discipline of the management team which we applaud. We look forward to the commencement of phase three as we seek to maximise throughput of this flagship asset.†Enquiries: [email protected] Bushveld Minerals +27 (0) 11 268 6555 Fortune Mojapelo, Chief Executive Officer Chika Edeh, Head of Investor Relations SP Angel Corporate Finance LLP Nominated Adviser & Broker +44 (0) 20 3470 0470 Ewan Leggat Richard Morrison Alternative Resource Joint Broker Capital Rob Collins +44 (0) 207 186 9001 Alex Wood +44 (0) 207 186 9004 Tavistock Financial PR Charles Vivian / Gareth Tredway +44 (0) 207 920 3150 Lifa Communications Gabriella von Ille Financial PR +27 (0) 711 121 907 ABOUT BUSHVELD MINERALS LIMITED Bushveld Minerals is a low cost, integrated, primary vanadium producer, with ownership of high grade assets. The Company’s flagship vanadium platform includes a 59.1 per cent controlling interest in Bushveld Vametco Alloys (Pty) Ltd, a primary vanadium mining and processing company; the Mokopane Vanadium Project and the Brits Vanadium Project. The coal platform comprises the wholly-owned Imaloto Coal Project, which is being developed as one of Madagascar’s leading independent power producers. The Company’s tin interests are held through its shareholding in AIM listed AfriTin Mining Limited. Bushveld’s vision is to become a significant, low cost, integrated primary vanadium producer through owned high grade assets. This incorporates development and promotion of the role of vanadium in the growing global energy storage market through Bushveld Energy, the Company’s energy storage solutions provider. Whilst the demand for vanadium remains largely anchored in the steel industry, Bushveld Minerals believes there is strong potential for an imminent and significant global vanadium demand surge from the fast-growing energy storage market, particularly through the use and adoption of Vanadium Redox Flow Batteries. While the Company’s focus is on the vanadium operations and the development and promotion of VRFBs it has additional investments in coal, power and tin. The Company’s approach to project development recognises that, whilst attractive project economics are imperative, they are insufficient to secure capital to bring them to account. A clear path to production within a visible timeframe, low capital expenditure requirements and scalability are important factors in ensuring a positive return on investment. This philosophy is core to the Company’s strategy in developing projects. Detailed information on the Company and progress to date can be accessed on the website: www.bushveldminerals.com. About Vametco Vametco is located near Brits on the Western Limb of the Bushveld Complex. The integrated operation comprises a vanadium ore mine and a processing plant that produces Nitrovan® , a trademark product sold in major steel markets across the world. The mine lies adjacent to the Brits Vanadium Project, which will in future serve as an alternative source of near surface run of mine (ROM) ore feed to the Vametco plant. The Vametco mining operation uses open pit bench mining methods to mine a well-defined orebody. The deposit is continuous with limited faulting and dips in a northerly direction at approximately 19 degrees. ROM ore is fed into a primary, secondary and tertiary crushing circuit, followed by milling and magnetic separation to produce magnetite concentrates. The magnetite concentrates are fed into the extraction process which includes the kiln for roasting followed by leaching and precipitation. Thereafter the precipitated vanadium as ammonium metavanadate is converted to modified vanadium oxide (MVO) in rotary calciners. MVO is fed into the mix plant and finally into the shaft furnaces to produce Nitrovanâ„¢ ========== ========== The extra output of 715 tonnes is the equivalent of an extra 59.6 mtV per month. Using conservative figures: Price kgV $70 Costs kgV $18 Profit kgV $52 Increased monthly output of 59.6 mtV = $3.1 million extra profit per month Expansion cost $2.5 million Therefore the expansion is paid for from less than one months additional profit from the expansion!!! That is amazing. And once again delivering on the promises. On time and on budget… And annual production at 3,750 mtV pa Vametco over the next 12 months would generate operating profit of about $195 million!! ========== ========== Video: Phase 2 of the Vametco expansion project equipment
Lady_Jennifer
28 Jun 2018
Great news coming - SOON Bushveld Minerals Limited 28 June 2018 Market Abuse Regulation (MAR) Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement. 28 June 2018 Bushveld Minerals Limited (“Bushveld†or the “Companyâ€) Bushveld Vametco - Completion of Phase Two Bushveld Minerals Limited (AIM: BMN), the AIM listed, integrated primary vanadium producer, with ownership of high grade assets, is pleased to provide an update on Phase Two of the Vametco expansion project. Bushveld has successfully completed the second phase of the three-phased expansion project at Bushveld Vametco, on time and within budget, allowing the company to take advantage of the high vanadium price which has persisted in the first half of 2018. This phase of the expansion project increases the annual production capacity from 3,035 mtV, achieved in Phase One, to 3,750 mtV, with a capex of USD 2.5 million. Fortune Mojapelo, CEO of Bushveld Minerals Limited, commented: “The completion of Phase Two of the expansion plan is an important milestone on the Company’s journey to a 5,000 mtV per annum production capacity and beyond. The fact that this has been done in time and within budget is testament to the discipline of the management team which we applaud. We look forward to the commencement of phase three as we seek to maximise throughput of this flagship asset.†Enquiries: [email protected] Bushveld Minerals +27 (0) 11 268 6555 Fortune Mojapelo, Chief Executive Officer Chika Edeh, Head of Investor Relations SP Angel Corporate Finance LLP Nominated Adviser & Broker +44 (0) 20 3470 0470 Ewan Leggat Richard Morrison Alternative Resource Joint Broker Capital Rob Collins +44 (0) 207 186 9001 Alex Wood +44 (0) 207 186 9004 Tavistock Financial PR Charles Vivian / Gareth Tredway +44 (0) 207 920 3150 Lifa Communications Gabriella von Ille Financial PR +27 (0) 711 121 907 ABOUT BUSHVELD MINERALS LIMITED Bushveld Minerals is a low cost, integrated, primary vanadium producer, with ownership of high grade assets. The Company’s flagship vanadium platform includes a 59.1 per cent controlling interest in Bushveld Vametco Alloys (Pty) Ltd, a primary vanadium mining and processing company; the Mokopane Vanadium Project and the Brits Vanadium Project. The coal platform comprises the wholly-owned Imaloto Coal Project, which is being developed as one of Madagascar’s leading independent power producers. The Company’s tin interests are held through its shareholding in AIM listed AfriTin Mining Limited. Bushveld’s vision is to become a significant, low cost, integrated primary vanadium producer through owned high grade assets. This incorporates development and promotion of the role of vanadium in the growing global energy storage market through Bushveld Energy, the Company’s energy storage solutions provider. Whilst the demand for vanadium remains largely anchored in the steel industry, Bushveld Minerals believes there is strong potential for an imminent and significant global vanadium demand surge from the fast-growing energy storage market, particularly through the use and adoption of Vanadium Redox Flow Batteries. While the Company’s focus is on the vanadium operations and the development and promotion of VRFBs it has additional investments in coal, power and tin. The Company’s approach to project development recognises that, whilst attractive project economics are imperative, they are insufficient to secure capital to bring them to account. A clear path to production within a visible timeframe, low capital expenditure requirements and scalability are important factors in ensuring a positive return on investment. This philosophy is core to the Company’s strategy in developing projects. Detailed information on the Company and progress to date can be accessed on the website: www.bushveldminerals.com. About Vametco Vametco is located near Brits on the Western Limb of the Bushveld Complex. The integrated operation comprises a vanadium ore mine and a processing plant that produces Nitrovan® , a trademark product sold in major steel markets across the world. The mine lies adjacent to the Brits Vanadium Project, which will in future serve as an alternative source of near surface run of mine (ROM) ore feed to the Vametco plant. The Vametco mining operation uses open pit bench mining methods to mine a well-defined orebody. The deposit is continuous with limited faulting and dips in a northerly direction at approximately 19 degrees. ROM ore is fed into a primary, secondary and tertiary crushing circuit, followed by milling and magnetic separation to produce magnetite concentrates. The magnetite concentrates are fed into the extraction process which includes the kiln for roasting followed by leaching and precipitation. Thereafter the precipitated vanadium as ammonium metavanadate is converted to modified vanadium oxide (MVO) in rotary calciners. MVO is fed into the mix plant and finally into the shaft furnaces to produce Nitrovanâ„¢ … The extra output of 715 tonnes is the equivalent of an extra 59.6 mtV per month. Using conservative figures: Price kgV $70 Costs kgV $18 Profit kgV $52 Increased monthly output of 59.6 mtV = $3.1 million extra profit per month Expansion cost $2.5 million Therefore the expansion is paid for from less than one months additional profit from the expansion!!! That is amazing. And once again delivering on the promises. On time and on budget… And annual production at 3,750 mtV pa Vametco over the next 12 months would generate operating profit of about $195 million!! … <a href="The extra output of 715 tonnes is the equivalent of an extra 59.6 mtV per month. Using conservative figures: Price kgV $70 Costs kgV $18 Profit kgV $52 Increased monthly output of 59.6 mtV = $3.1 million extra profit per month Expansion cost $2.5 million Therefore the expansion is paid for from less than one months additional profit from the expansion!!! That is amazing. And once again delivering on the promises. On time and on budget… And annual production at 3,750 mtV pa Vametco over the next 12 months would generate operating profit of about $195 million!!" target=“windowâ€>[link]
Lady_Jennifer
28 Jun 2018
Rns-- The extra output of 715 tonnes is the equivalent of an extra 59.6 mtV per month. Using conservative figures: Price kgV $70 Costs kgV $18 Profit kgV $52 Increased monthly output of 59.6 mtV = $3.1 million extra profit per month Expansion cost $2.5 million Therefore the expansion is paid for from less than one months additional profit from the expansion!!! That is amazing. And once again delivering on the promises. On time and on budget… And annual production at 3,750 mtV pa Vametco over the next 12 months would generate operating profit of about $195 million!!
biganuf
28 Jun 2018
Rns-- And a better one today… 28 June 2018 Bushveld Minerals Limited (“Bushveld†or the “Companyâ€) Bushveld Vametco - Completion of Phase Two Bushveld Minerals Limited (AIM: BMN), the AIM listed, integrated primary vanadium producer, with ownership of high grade assets, is pleased to provide an update on Phase Two of the Vametco expansion project. Bushveld has successfully completed the second phase of the three-phased expansion project at Bushveld Vametco, on time and within budget, allowing the company to take advantage of the high vanadium price which has persisted in the first half of 2018. This phase of the expansion project increases the annual production capacity from 3,035 mtV, achieved in Phase One, to 3,750 mtV, with a capex of USD 2.5 million. Fortune Mojapelo, CEO of Bushveld Minerals Limited, commented: “The completion of Phase Two of the expansion plan is an important milestone on the Company’s journey to a 5,000 mtV per annum production capacity and beyond. The fact that this has been done in time and within budget is testament to the discipline of the management team which we applaud. We look forward to the commencement of phase three as we seek to maximise throughput of this flagship asset.â€
Lady_Jennifer
24 Jun 2018
Great news coming - SOON BMN Background to Upcoming News Year End Accounts The accounts that will be issued sometime next week will be the year end accounts. These will cover the 10 month period to 31st December 2017 Unfortunately, these figures won’t be too impressive, it’s the commentary that comes with the accounts that will be more notable. I expect the Year End figures to show a loss due to the poor first 6 months to 31st August 2017 which hit by the Afritin demerger write down of £7.6m, causing an interim loss of £6.7m. During the final 4 months of this period, from 1st September to 31st December 2017, Bushveld only held a minority interest in Vametco, so the revenue/profits generated by Vametco can’t be consolidated into the group accounts. They will be accounted for under the ‘equity method of accounting’. Bushveld only acquired the majority Vametco holding in late December 2017, and so from that point will be consolidating the Vametco figures into the group accounts. ========== ========== ========== ========== Quarterly Update The next quarterly production figures to 30th June 2018 will (allegedly) be out sometime in July and these are expected to show increased production for Q2. ========== ========== ========== ========== The Picture Emerges The very important H1 figures (which should be published by 30/9/18) are expected to be exceptional with the price of FeV averaging over $60 per kg in Europe for the first 6 months of the year and even higher in the US. (And rising!) There is plenty of other news expected that should, hopefully, drive the share price ahead over the next few weeks/months’, including… • Mokopane mining license. • Anticipated acquisition of the Sojitz minority holding of Vametco . • Potential aquisition of more brownfield vanadium production facilities to increase capacity. • Brits vanadium drill results expected to show some very high grades. • Update on the two plants construction moving forward for Electrolyte production in 2019, LJ Muchly plagerised from Nickderby (LSE)
biganuf
14 Jun 2018
Rns-- [link]
Lady Jennifer
06 Jun 2018
Great news coming - SOON After the 6 million off book share deal yesterday - which looks to be the end of the Wogan warrant sell down, we find an interview with Fortune which says that the Brits drilling was completed Over 2 weeks ago and (judging by his smile) better than expected......121 Mining, London - Bushveld Minerals - Vox Pops[link]
Ecologist
03 Jun 2018
Re: Topped up well done, but it does seem to be drifting downwards recently, after a brilliant run up.We need QuInkie to give us a reminder of all the good news
fish lips
01 Jun 2018
Topped up Topped up 10k shares on this little dip, come on let's see the good news keep on flowing
dunekiller
22 May 2018
Re: Lemur Not very green coal power station thought solar was taking over with the new flow batteries
Ecologist
22 May 2018
Lemur sp falling but this just announced on LSE:[link] principle states:Lemur has, through its Madagascan subsidiary Imaloto Power Project SARL "Imaloto"
, executed a binding 30-year Concession Agreement the "Concession" with the Government of the Republic of Madagascar, represented by the Ministry of Energy and Hydrocarbons for the approval to develop, construct, operate and maintain the Imaloto Power Project in Madagascar ("the Project". The Project, which has an initial capacity of 60 MW and over 250km (expandable as required) of transmission, will be located at the mine-mouth of Lemur Resources' coal deposit, which has a resource of approximately 136 million tonnes of coal. The addition of a power component unlocks the value of the coal asset, while at the same time securing reliable electricity supply backed by a government entity and approval.
Ecologist
20 May 2018
Re: 1,076,024,650 Ordinary Shares in issue Molly, from what i can understand, you ask why there is such a huge number of shares in circulation .... one billion plus?The number of shares issued is irrelevant. What is important is the market cap - about £200 million. If there were 10 times less shares then the share price would today be in the £2 area, if 10 times, then sp would be around 2p - no rocket science required. The question you should be asking is "Is the company worth that amount?". Up to you what you decide but Quink has listed many items thst might suggest the sp is undervalued. Once news flow begins again i think you will find the sp starts going up again.
fyoz
18 May 2018
Re: Where now for the SP? definitely up or down, or sideways, that's for sure . . .
