Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
https://webcasting.brrmedia.co.uk/broadcast/60117c87c4904929abd82a91/601c0c96e463db2612a609e9
https://twitter.com/BigBiteNow/status/1357369984826097665
Everything is pointing towards Huge news and a rebrand in the immediate future.
The Q4 Update read very well (24% higher production despite the challenges last year) but was a bit tick box. The big news is now due to arrive any day now.
Buy, hold, and load up whilst you can at these levels : )
They opened this down for no reason despite confirmation of a surprisingly active and successful year (with production up 24% despite everything and much else). And it seems as though some weak hands have fallen for this nonsense and are selling. All of whom will regret this very soon, because news truly is imminent.
Why do I think it is imminent?
Because Chika said they would update the company description "once the Q4 Results are published" but there was nothing in the Q4 Update to necessitate an update...
...which strongly indicates that major news will be announced imminently, and Chika was merely using the Q4 Update today as a yardstick since she was not allowed to say much else.
Consequently I believe Eskom news will arrive in about 4 weeks.
Let's not forget that the original dates for the Eskom BESS contract announcements were primarily on 30 December / 25 January. That date was set in August when the tender was first announced. Subsequently the tender process was then extended by 6 weeks, which would suggest the major news will be announced on Monday 8 February 2021 / Monday 8 March 2021. But I wouldn't be surprised if it comes sooner than that.
Basically we are now in the period of time where transformational news could arrive any day now... and some people are being mugged off by the MMs today !!
This is the time to hold and to acquire as many shares as you can at these bargain prices. Do not fall for this nonsense, we are better than that.
Yeah don't think you can say this is not a good performer when this share has outperformed most others in the past 2 months or so; and - more significantly - is on the cusp of the most transformational news.
Why was that transformational news not mentioned in today's RNSs? Because they cannot announce anything yet, until it's been officially announced by Eskom themselves.
...and this is why Bushie will need to update their company description imminently!
So yeah you'd be mad to see today's news and think that's it. We have not even got started !
Also worth emphasising that many mining companies were not able to reach their 2019 mining production figures.
So for Bushveld to not just keep up with their 2019 production numbers but exceed it by 24% is remarkable !
Massive well done to Fortune & the team : )
- Production increased 24% in 2020, despite covid disruption etc, and will increase a further 20% in 2021.
- Confirmed demand for vanadium demand strengthening (& price rises) in Q4 across all major markets, and confirmation this has continued into Q1 2021.
- Electrolyte Plant update confirms construction will start this quarter (Q1 2021). There presumably will be a RNS to announce this in the coming weeks.
- Completed investments in VRFB manufacturers Invinity and Enerox, and a good reminder of how Bushveld have 1st right of refusal when it comes to supplying vanadium to them both.
... and let's not forget that Enerox did sign a MoU with AVL for them to supply them with vanadium despite BMN's 1st right of refusal, suggesting Bushveld know they will need their vanadium to be supplied somewhere else ... !
Feel there was still lots not said in the Q4 Update, so let's look forward to other newsflow we can expect in Q1:
- Eskom News - Q1
- Electrolyte Plant Construction Start news - Q1
- Official "Update of the company description once the Q4 Update has been published" - as confirmed over email to me. Clearly a sign something is coming which will necessitate that. Also Q1 of course.
Still plenty to come !
Onwards and Upwards : )
Yes it was from Chika, and it did have a message at the bottom saying "The content of this email is confidential and intended for the recipient specified in message only. It is strictly forbidden to share any part of this message with any third party without written consent of the sender"
Having said that I presumably can share what my email was about which was give a strong clue as to what was said.
My email was entitled "Easy Wins" and it was about 2 things:
1) Obtaining the LSE Green Economy Mark, which is given to companies with 50%+ of their revenues from environmental solutions (incl revenues from energy storage batteries).
2) Updating the company description found on the official LSE BMN page
3) Asking YahooFinance and SimplyWallStreet to update their descriptions of BMN
Hope this helps : )
Good point, Sanchez. She has not said anything she shouldn't have in my opinion. However there's much between the lines in my opinion, and that opinion is shared by those on Telegram who saw the email.
For those who are not yet on Telegram, the link to join is:
https://t.me/bushveldminerals
and there's now 290+ of us in the group there : )
They're ramping up...
https://twitter.com/BushveldMin_Ltd?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Can't believe they've announced such a large placing with a 20% discount and let retail investors join in but they've announced it at 5.30pm and it closes at midnight.
So you have a whole 6.5 hours to make your mind up hahaha
I can’t say anything at this stage but I’ve had some communication and it has confirmed to me that there will be no BE or Enerox spin off despite the speculation swirling over the weekend.
The communication I had also effectively said big news is coming “once the Q4 Update is published.”
Can’t say any more than that but thought I’d share this to end any speculation about a spin off cos that’s clearly not the plan at all.
Will be topping up tomorrow
Goodnight all : )