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Bushveld Minerals Share Chat (BMN)



Share Price: 25.50Bid: 25.50Ask: 26.00Change: 0.00 (0.00%)No Movement on Bushveld
Spread: 0.50Spread as %: 1.96%Open: 27.80High: 0.00Low: 0.00Yesterday’s Close: 25.50


Share Discussion for Bushveld Minerals


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Endion
Posts: 2,685
Premium Chat Member
Opinion:No Opinion
Price:25.50
RE: Top FTSE 100 Company
Today 02:00
That's $53,086,764 shipped to America in Q1. BMN's share would be 74% = $39,284,205.36.

That's £30,228,036.70. Just for Q1 shipments to the US alone. That's roughly half of the profit for BMN for the entire of 2018. Wonder how the trolls will manage to twist this into a negative....
 
Pdub
Posts: 8,459
Opinion:No Opinion
Price:25.50
RE: Top FTSE 100 Company
Today 00:35
Good news Paludina.

Just done a very rough total of shipped vanadium for Q1 and looks like around 450 tons to US. BMN have published that 60% of product goes to US. IF, and admittedly a big if, 450 tons is 60% of product, thus suggests production may be moving towards 750 tons, or an annual rate of 3000 mtV. This would be very good news if true and combined with rising V prices as discussed earlier..

Of course this is somewhat speculative but Q1 figures could be encouraging.

Regards. Pdub.
Paludina
Posts: 882
Opinion:No Opinion
Price:25.50
Top FTSE 100 Company
Today 00:16
Exports $9.4 Million of product in only Four days.

Now wouldn't that be a headline?

But of course it isn't a FTSE 100 Company at all but one that has been rubbished on this board for days.

https://thebushveldperspective.com/blog/public-articles-1/post/nitrovan-shipments-to-the-us-183

Facts don't lie.

GLA
Pdub
Posts: 8,459
Opinion:No Opinion
Price:25.50
RE: The BIG Picture
Today 00:07
The most viable model for VRFB success appears to be via a vertically integrated vanadium play as outlined by Fortune Mojapelo since 2014. A quick search of the Internet reveals that a number of other companies have now realised this is the way to go, but are likely to be some years behind BMN. Good to know that our CEO and MN are leading the way.

https://www.vanadiumprice.com/protean-energy-vertically-integrated-vanadium/

https://www.v23resource.com/vanadium
Pdub
Posts: 8,459
Opinion:No Opinion
Price:25.50
RE: The BIG Picture
Sat 23:57
"It is likely that battery makers will address the issue of cost with greater volume in the market. That may also address comments about electrolyte feedstock materials price fluctuation in the manufacturing process. It would mean the cost per stored watt falls in the long term and cost-efficiency improves when the VRFB becomes widely used."

https://www.sunpowersource.com/vanadium-redox-flow-battery/
Pdub
Posts: 8,459
Opinion:No Opinion
Price:25.50
RE: The BIG Picture
Sat 23:56
BMN is well placed to benefit from the growth of energy storage, initially in SA and perhaps in other parts of Africa. The growth in VRFB use is likely to have a significant impact on vanadium demand.

"Date: Feb 13, 2019
AIM-listed integrated vanadium producer Bushveld Minerals’ ambition is to grow into one of the world’s most significant, lowest cost and vertically integrated vanadium companies.

Through its vanadium mining subsidiary Bushveld Vanadium and its energy subsidiary,Bushveld Energy,the company has set a strong base from which to unlock the opportunity for downstream integration with Bushveld Vanadium as a captive vanadium supplier to Bushveld Energy, an energy storage project developer and component manufacturer, CHANTELLE KOTZEwrites."

And:

"The amount of vanadium needed in the Navigant and BMI Research assumptions, just for VRFB production, equates to the total amount of vanadium produced in 2017, which means that by 2027, energy storage demand for vanadium, could actually increase by between 50% and 100% in terms of 2017’s vanadium production."

https://www.vanadiumprice.com/bushveld-minerals-growing-to-be-a-world-class-vanadium-business/
Pdub
Posts: 8,459
Opinion:No Opinion
Price:25.50
RE: The BIG Picture
Sat 23:53
Good post Joe.
Joe666
Posts: 116
Opinion:Strong Buy
Price:25.50
The BIG Picture
Sat 23:38
Apologies if this is old news to longstanding members of this BB, but hopefully some, old and new, investors will be interested. Feedback welcome!

I've been reading articles on the International Energy Agency and World Bank websites which have really highlighted for me the scale of the problem that BE is contributing to solving. The most striking is the fact that 600 million people in sub-Saharan Africa have no access to electricity.

The transformation to the lives of individuals, communities and nations who gain access goes without saying, it's simply life-changing on all levels. It's why the big global development agencies are pouring money into projects and planning. According to the IEA it's not enough money to hit their own 2030 targets 'Providing electricity for all by 2030 would require annual investment of $52 billion per year, more than twice the level mobilised under current and planned policies (as of 2017)' nevertheless it's still serious money.

So considering that some of the least electrified countries are on SA's doorstep it's not too far-fetched to imagine that if BE can prove themselves expert at helping solve SA's energy difficulties they'll be strong contenders to take on the far larger problems over the border.

Obviously if this new supply is going to be from fossil fuels over a conventional grid we don't benefit, but everything I'm reading points towards green energy at point of consumption being a big part of the solution, as highlighted below:

The IEA's Energy and the Sustainable Development Goals aim is that by 2030, renewable energy sources will power over 60% of new access, and off-grid and mini-grid systems provide the means for almost half of new access.

And:

“Leapfrogging over the traditional stages of national grid-based electrification will require a combination of different systems to answer diverse needs,” said Punam Chuhan-Pole, World Bank lead economist and lead author of the Africa’s Pulse. “Leveraging the private sector will be critical to scaling-up electrification.”

Some links for those who'd like to read for themselves:
https://www.iea.org/sdg/electricity/
https://www.iea.org/access2017/
https://www.iea.org/access20/

DYOR GLALTHs and goodnight!
Pdub
Posts: 8,459
Opinion:No Opinion
Price:25.50
RE: Another huge lithium battery fire
Sat 23:23
Sweet dreams Bolgas. Why not have another cherry.
Tyfoon
Posts: 3,623
Premium Chat Member
Opinion:No Opinion
Price:25.50
RE: Another huge lithium battery fire
Sat 23:10
Night night Bolgas, dream on.....
Bolgas
Posts: 4,134
Opinion:No Opinion
Price:25.50
RE: Another huge lithium battery fire
Sat 23:03
Folks are losing money buying into your nonsense Alpha, conspiracy theories on short selling that has been happening for months if not years according to your bonkers trading reports, it’s madness what you are preaching, be careful Alpha. I understand you are in love with this share but others are smart enough to realise this isn’t as rosy as you paint, BBN has diverified and I guess whack job Knuttie is almost out considering his silence and calm nature these last few days.

Take it as it’s meant Alpha, no need for mug slinging, look at the facts, there’s no money in VRB, I know it you know it, market knows it, punters here are just that, don’t lose your reputation and become a “steamy”.

Good weekend all.
Alfacomp
Posts: 9,601
Premium Chat Member
Opinion:No Opinion
Price:25.50
RE: Another huge lithium battery fire
Sat 21:21
This is why Fire Captain Matthew Paiss of Energy Response Solutions confirms that ONLY VRFB batteries are safe from fire:-

http://energyresponsesolutions.com/wp-content/uploads/VRB_SafetyReport.pdf

I quote:-

"Vanadium flow battery systems offer significant safety advantages relative to li-ion in
the areas of short-circuit fault, arc-flash / blast, “stranded” energy, fire suppression,
and deflagration. "
Alfacomp
Posts: 9,601
Premium Chat Member
Opinion:No Opinion
Price:25.50
RE: Another huge lithium battery fire
Sat 21:10
This one is the Fluence/APS 2MW Lithium-ion battery at Surprise in Arizona, installed in November 2016.

https://blog.fluenceenergy.com/aps-aes-bring-energy-storage-to-arizona-customers
Alfacomp
Posts: 9,601
Premium Chat Member
Opinion:No Opinion
Price:25.50
RE: Another huge lithium battery fire
Sat 20:50
Not a fire it seems this time, but instead an explosion, with 8 firefighters injured:- https://www.abc15.com/news/region-west-valley/surprise/fd-four-firefighters-injured-in-surprise-hazmat-incident
Endion
Posts: 2,685
Premium Chat Member
Opinion:No Opinion
Price:25.50
RE: Vanadium prices
Sat 20:44
Not only does Niobium have less supply than Vanadium, and therefor likely to become more expensive than vanadium should mills wish to use it, it is also far less abundant to begin with in the earths crust. So there is less inherent supply also.
Alfacomp
Posts: 9,601
Premium Chat Member
Opinion:No Opinion
Price:25.50
Another huge lithium battery fire
Sat 20:43
https://www.firehouse.com/safety-health/news/21077221/eight-az-firefighters-one-critically-in-a-large-utility-battery-explosion

I hope nobody dies as a result of this one, we've been lucky so far but this might be the time that we're not.

This is why VRFB's are better - they cannot explode or burn.
Pdub
Posts: 8,459
Opinion:No Opinion
Price:25.50
RE: Vanadium prices
Sat 20:43
Very kind RK but just telling it as I see it.

Regards. Pdub.
RichKen
Posts: 1,386
Opinion:No Opinion
Price:25.50
RE: Vanadium prices
Sat 20:30
Qwerty, one difficulty for Niobium is that there is only one mine in South America and as a long term substitute for vanadium it is very limited. It also has many disadvantages in progressing in the steel mill.
Vanadium will always be the main strengthening additive for steel.
The Chinese government will want the stone coal production process carefully monitored. They are doing more in China to reduce the emissions and reduce smog and carbon than any other country right now. They are working very hard at this.

I am not sure that the vanadium price has been driven down by the Chinese. It did to start with but then the european price seamed to be driving the price down. I wonder which company in Europe controls the vanadium market in Europe. One think for sure it is not BMN. 60% of our materials go to the US market and there is a premium for our Nitrovan 12 and 16 product which many of our dim witted posters today probably have no idea about.

One thing is for sure we are due a very influential Q1 update with much news attached.

Pressure will build very quickly in the coming days and weeks.

Looking forward to the excitement in the weeks ahead.

Pdub - you have been a legend today. If I could have recommended your posts more than once I would have!

Cheers RK
Pdub
Posts: 8,459
Opinion:No Opinion
Price:25.50
RE: Vanadium prices
Sat 20:25
Correct. One major producer.

I believe Alfa has previously explained that Niobium is not as good as vanadium, but if correct Alfa would need to explain that one. Above my level.
qwertyqwer25
Posts: 513
Opinion:Strong Buy
Price:25.50
RE: Vanadium prices
Sat 19:44
Niobium substitution can only help up to the point it’s price starts to rise substantially too as it has a constrained supply also.
qwertyqwer25
Posts: 513
Opinion:Strong Buy
Price:25.50
RE: Vanadium prices
Sat 19:40
I’m quite confident that the Chinese stone coal production increase that was explained at the recent Vanitec conference will not be profitable at these prices or even $60-$70 so I expect prices to creep up to that (or surge as there are no inventories left proven by last years rapid rise to over $100). I also think the recent sharp drop could have been the ramp up of stone coal at the same time as dropping demand in the winter making the situation worse. It would be interesting to see another price surge to over $100 by mid year to see how much of an impact stone coal can make when demand is still strong. It would be nice to get an equilibrium where stone coal can quickly react to prices going above $80-90 for example and stop spikes and subsequent crashes. Even better solution would be the increase in supply from BMN plans but that is a multi year project as we know.
qwertyqwer25
Posts: 513
Opinion:Strong Buy
Price:25.50
RE: Vanadium prices
Sat 19:29
Sanchez, the educated ones are those who come here and warn us that V prices are going to drop substantially when prices were over $100. The ones posting now after prices have dropped are like the people who can tell you the champions league final result the day after the final.
spbhoy
Posts: 1,360
Opinion:Strong Buy
Price:25.50
RE: Vanadium prices
Sat 19:09
What's even sweeter is the fact that the market is closed here on Monday so hopefully prices continue to rise until we re-open on Tuesday morning....meanwhile they can do nothing about it. How sad!!
Sanchez599
Posts: 4,278
Opinion:No Opinion
Price:25.50
RE: Vanadium prices
Sat 18:00
It's already rising halespur. That's why they are posting to disrupt. They have shorts to close or buy in's to attempt to achieve.

Think about all the times they turn up. It's always the same.
HaleSpur
Posts: 93
Opinion:No Opinion
Price:25.50
RE: Vanadium prices
Sat 17:58
Let's see what Sunday and Monday brings in the prices as there might be bigger buying as a result. Investors will expect the same uptick as last year potentially if that is what floats their boat.
As the day trippers keep commenting that the SP is based on V prices. I wonder if they will have same view when there is a positive change?




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