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JSE...waiting until ready, that is very clear in my mind otherwise they would be shouting form the rooftops, but are not.
SA story, I think they want the big rerate to only occur once SA can take part...JSE
Bushveld effectively have £10m worth of shares in other AIM-listed companies and yet we're not mentioning the lionshare of this on the website.
Fortune and the BOD are so talented in so many ways, and yet they seem to be unable to communicate the story and the value proposition clearly to those who are not already familiar with Bushveld. It's like they only want to preach to the converted even though they and we all know we need more IIs to come on board.
A £10m stake (most of that being profit of course) is the exact sort of thing institutional investors would be interested in, so I find that really frustrating!
not till they are ready Libero, not till they are ready...
Just realised that, whilst Bushveld's 9.5% stake in AfriTin (ATM) worth £1.4m features on the website, Bushveld's 8.7% stake in Invinity (IES) worth £8m is not.
Why not?? That's madness
https://www.bushveldminerals.com/other-investments/
Superb summary, RichKen
Also have found the answer to my question earlier: we own about 8% of IES which is now valued close to £100m.
That's another £8m of assets seemingly being valued at zero.
Bit like our stake in Lemur and so much else.
Feel like Bushveld may have to sell this stuff to realise its value. A company called Robinson (RBN) have recently had to do something similar and the share price has doubled in no time and a special dividend is expected off the back of the sale too. So yeah maybe Bushveld will have to do the same one day.
Bushveld's inherent value has risen so much in recent years, it is mad that the share price doesn't reflect this properly, but one day the gap will close. It's only a matter of time and there are now more potential catalysts than ever to get us there.
A brilliantly succinct and balanced synopsis - well done Ken!
The value of this company when we are able to realise annual capacity of 8400 mtV per year with all in costs of say $19 US per kilo and a sales price $30 US per kilo, let alone higher prices.
When you consider a 50% of this volume could be turned into vanadium electrolyte which will have a considerably higher market value, let alone the lease incomes which will come from this over a 30 year life of a VRFB system the numbers which can be earned per year by Bushveld are astronomical.
So investing here based on a two to three year plan is likely to produce exceptional returns. Let alone the short term growth over the next few months. With global infrastructure projects getting huge funding to get the global economy back on track, the steel and energy markets will likely see a huge upturn. Vanadium has been a key mineral used to strengthen steel and rebar production used in construction is one of the key drivers. Today the amount of vanadium required in rebar is regulated and this means the percentages used is much higher than before. This is good news for vanadium demand. This may lead to increases in global vanadium pricing as demand could be higher than the market can supply, which could accelerate profits here.
So short term and long term revenues look very good.
Cheers RK
A company who are involved in the world of vanadium!
- Bushveld Minerals are a "Profitable Vertically Integrated Vanadium Business!"
- With 3 mines – Vametco, Brits and Mokopane
- Nitrovan is a key product to strengthen steel from its Vametco Mine
- Vanadium is also used in a breaking electrolyte technology used in large energy storage batteries
- Bushveld has two processing plants Vametco 3200 mtV and Vanchem 1100 mtV - currently producing a combination of 4300 mtV, in last year with an average selling price of circa US$40 per kilo with an operating cost of circa US$19 – but operation costs are now much lower in 2020
- Bushveld has plans to more than double the capacity of these two plants to 8400 mtV pa within 3 years
- Of the 3 mines Vametco is in full operation, Brits is an extension to Vametco and Mokopane which has its licence for mining fully approved and this will be the largest high-grade Vanadium mine in the world – DFS later this year and expect the mine to be opened in 2021
- Bushveld has built up a new division called Bushveld Energy which has part ownership of Invinity Energy Storage plc and Enerox GmbH part of its VIP program.
- Bushveld Energy has installed at the Eskom Battery Test facility a VRFB which has been operational over a year which is being used for evaluation purposes
- The Bushveld Electrolyte Company is building a Vanadium Electrolyte 200MWh plant in East London (SA)
- The Electrolyte plant will eventually have the capacity for 1000MWh of electrolyte
- 1000MWh of electrolyte needs approximately 5000 mtV per year
- Bushveld Energy is working with multiple partners around the world through Vanitec to build the strongest business case for VRFB
- Bushveld Energy plan to build an assembly plant for VRFB is SA – an Enerox subsidiary is possible?
- The world supply chain for vanadium remains in deficit and today even more so, Bushveld Minerals are so far ahead of the other players. Prices will be rising quickly.
Vanadium prices are rising in 2020 with the price close to US$26 per kilo and our cost is below US$15 per kilo and we will be producing circa 4,000,000 kilos of vanadium in 2020!
The current limited supply puts Bushveld in one of the strongest positions as a primary Vanadium supplier with strong revenue growth predicted year on year!
If you are not sure - then read this:
Last financial report here:https://webcasting.brrmedia.co.uk/broadcast/5eea233d5e278421d0698edb/5f01a11575c33f15e4927f06
Latest broker report following 2020 Q4 from SP Angel:
https://www.uploadlibrary.com/SPAngel_JohnMeyer/Bushveld_Q1_Prodn_2020.pdf
Company presentation – February 2020:
http://www.bushveldminerals.com/wp-content/uploads/2020/02/BMN-Mining-Indaba-2020-Corporate-Presentation-Updated04022020.pdf
Latest Interview with our CEO
https://www.brrmedia.co.uk/broadcasts/5eb2c08331da814c9fc6e6a1/bushveld-minerals-limited-q1-2020-operational-update-interview
Cheers RK