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You filter me because of that? Well do what you will..
They are making money, actual profit unlike many other companies on aim. They have said time and again that they are aligned with shareholders interest, they know of the manipulation here and if they did place without good reason (acquisitions etc) then i will join you in the negative bandwagon. but until then i wont come on saying things which could happen, hell they could invent a new battery tech today which blows everything else out of the water, they could discover vanadium is the next asbestos. The chances of this are incredibly tiny and saying it here would illicit the same response from the people who are directly invested in the companies future and i would expect nothing less.
Come on man. You come here talking about placings with little to no evidence of such. And even in contrast to what the actual bosses are saying. And you are surprised to get negative reactions here?
Your ideas of placings are all well and good, with actual reasoned arguments. But you didnt give one..
Squirty you may well need a tin hat for a short period. Sharesaplenty, I believe I had the first pop at & was accused of being too harsh. It turns out I may have been too lenient!
The level of paranoia on this board seems to have reached an embarrassing peak this morning. Lindon's post was perfectly reasonable and I cannot understand why anyone would think otherwise. I've looked back through several pages of his/her previous posts and they too are all good, helpful, and positive. Over the past few weeks I've also seen other good, long-standing posters such as uksteveg, daisan, and faramog attacked for saying things that are relevant and balanced. I made a bit of a t*t of myself over the weekend by giving sharesaplenty credence too soon when it later turned he was just another incarnation of capa, but I do think some other long term posters and shareholders also perhaps need to reflect on whether they have become oversensitive to comments which are perfectly reasonable and appropriate, only different to their own, and seeing negative motives where they don't exist.
BMN are doing very well, BE is doing very well, FM is doing very well, but they get things wrong, the SA economy continues to have issues, the BMN share price has been under pressure all year and there's plenty of other good battery and energy storage technologies and companies out there that means VRFBs and BMN/BE are not going to be the answer in a lot of business cases and are all perfectly reasonable things to comment on and discuss at length. If these things make you uncomfortable or frustrated or you think they are a waste of BB space or a threat to your own investment here, then it's possibly a sign that your judgement is getting clouded, imbalanced or fixated.
Said my piece now and I'll take a step back now for a while.
Wrong Expert like most things you say, Also I only joined the BB after I built the holding I wanted. Don't confuse when I joined the BB to when I got involved in BMN.
Been buying even during the strike action and I'll let you work out the SP then.
Ahh the usual 'you are all bullies' post which im sure expert loves as well.
I'm a relatively new investor here, and wouldn't have stayed so long with the drop were it not for the guys on this BB and their depth of knowledge.
Yes there have been a few times ive seen a reply to some of the 'new' posters here and thought its a bit strong, but invariably turned out that they were correct and the 'new' poster had ulterior motives. I can imagine what it is like for the long termers here having to put up with this rubbish for years..
I've seen guys come on with genuine questions and have been answered with respect and given the knowledge they seek.
Personally, seeing trolls scream 'BULLIES' is getting old now.
Expert you are such an idiot. My first buys were at around 2p. I count myself as one of the luckiest investors having bought in significantly just before Vametco as most people here actually know. Gosh you are so utterly wrong about everything you post about..it is remarkable. You only serve to prove how stupid you are with every post.
Halespur you invested octv2018. Sanchez 2017. You both arrived to the party late, all the best fun had already happened early 2017 with the subsequent rerate. and you are now here with your paper losses, pretending the party is still in full swing.
“Their heads” ********
Pdub...lets be clear... it wasn’t me that wrote that article! I complete agree it’s disappointing news... but it IS relevant news about SA... . there is no reason whatsoever for not posting it. There is no way any investment discussion board should be restricted to only positive news. I rather thought posting that would stir up the usual sh|t but if contributors to this otherwise excellent bb are going to be bullied like this to such an extent that they are afraid to stick there heads above the parapet and say “boo to a goose” .... then it’s a pretty poor show.. Just my honest opinion.
Yeh he vividly remembers when he made money in SOLG in 2016 from the exact pence and percentage but won't remember being caught out on here clearly lying and he had to take a wide berth on the quiet step.
Would be good if Pdub has a transcript of that also as it was comedy gold.
Forgotten how to spell names?
I'm hoping he puts up the 18 page transcript next.
Lindon, the gang culture are blinkered. they only want to read what they want to read. any negative news flows (which will always happen in any investment over long time scales) they turn the blind eye to. I'm any investment, way up the positives and negatives..... but here they only want to asses the positives. I am a pragmatist, i assess both sides
Lindon the Moody's rating has already been discussed on this bb. In my opinion you are not reporting new news, merely posting negativity at a very suspicious time if the week.
I will leave it to others to judge your motive, but it does seem like odd behaviour from a 'genuine' shareholder when so much good news is emerging. I guess some can't see the wood for the trees.
I would like to point out that the interview refers to business relationships in Europe and U.S. That clearly extend the company's links beyond SA so therefore very relevant as a counterpoint to your negative posts.
No point engaging with Lindon. Ignore . Filtered!
Lindon at least call Pdub by his name while you want to acknowledge him to be polite.
You selling then mate? Or just enjoy trying to hurt your own investment?
Especially with non news like that, basically rumours.
Seems strange is all
Alfa... pure bull pooh. That article is complexly legitimate recent news that anyone can read... and neither you or anyone else will bully me into being blindfolded.
Lindon for as long as I have been on this board it has been pretty clear that you post according to which way the wind is blowing, you are an obvious swing trader that should now be ignored.
Here we go.... a typical pbub burying exercise of news he doesn't want anyone to see!
Part 4
Of course we have also committed ourselves to further growing production at Vametco beyond that level to 4200 mtV on the back of some capital expenditure to increase the capacity of the plant. Something which we will obviously update the market as we do more work in respect of this. But I couldn't be more happy with the progress that we have seen at Vametco. We have a very motivated staff employee base which is all working all in one direction with us to ensure that Vametco unlocks it's true potential. We should never forget and I think lose sight of the importance of this asset and obviously with Vanchem coming onboard it will also play an important role. Just underscoring the significant strides we've made in terms of for example getting alignment with our workforce when we negotiated our wage agreement this year for the next we were able to agree that very quickly, just in 3 sittings, and that's something that bodes well going forward with the belief that we are very well positioned to continue driving improvements in the operations of Vametco. We want to be the lowest cost producer of vanadium and an important part of that is driving more throughput through the plant and extracting as much efficiencies as we can do."
"Well Fortune thank you very much. It's great to speak to you and Mikhail today and look forward to speaking to you again soon."
FM "Thank you. Thank you for your time."
MN "thank you very much."
Part 3
"So Mikhail the RedT / Avalon investment is part of a broader initiative into the VIP. Can you give us an update here?"
MN "Absolutely. I think one of the things that we can also do as Bushvleld is to help mobilise additional funding to go into investment to go into these companies. We have done very well but we are not somebody that can carry the entire industry. However we think that we know the industry quite well. We obviously have the best line of sight in terms of how the issues of vanadium supply can be solved to enable the industry to be successful as demand rises. By making commitments ourselves we feel that can actually unlock quite a bit of additional investment. What we want to do with the platform is to make sure that we are not the only investor that comes in to a strong and growing VRFB company. So in a way we can kind of mobilise and multiply our investment to bring in external funding and that's really what the VIP is all about."
"Now Fortune you have made significant strides at Vametco from an operational perspective as well as with stakeholder engagement. Tell us more."
FM "Absolutely. I should just say that as I have indicated Vametco is at the core of what we do. It is until the acquisition of Vanchem the sole and core source of our revenues and our cash flows. It provided us the platform to expand our business into the energy storage market which we are very excited about. What that means is that it is absolutely important that Vametco operates and performs to its potential. Since the acquisition of Vametco we have been fairly clear that we saw significant opportunities to do 2 things. 1 is to increase production throughput significantly and secondly to also just improve the operational efficiencies of the plant. We have been engaged with a transformation programme there which is looking to address those 2 key elements. We are very happy with the results of that work which has seen the company improve its performance across all key metrics. One particular notable one being the fact that we produced in September 310 mtV, which is the highest the plant has produced from just magnetite concentrate. That is a great result. We expect to see that continue and we have always been clear that we are focussed to get Vametco producing up to 3400 mtV pa run rate just on the back of operational improvements, efficiency improvements. We are well on our way to achieving that.
Part 2
"Thank you Fortune. Now Mikhail turning to you it would be great to get an update on Bushveld Energy. Tell us more about your strategy as well going forward."
MN "Our strategy is really focussed on 3 directions. 1 is around vanadium electrolyte where we are building a facility to produce in SA and we have already deployed a rental product to allow customers to not buy the vanadium electrolyte as part of the value to actually rent that out to reduce the upfront costs. The second part is around manufacturing where we have set out a strategy of how we work together with the VRFB manufacturers though a platform that we've set up, a vanadium investment platform VIP, and very recently we announced our first investment under that which is linked to the proposed merger between two vanadium battery companies, Avalon Batteryout of North America and RedT which is listed in London. And then the third part is within Africa we look to deploy batteries within projects that require quite a bit of energy storage and we've done a system with the utility here. We are building a minigrid at one of our mines and we are actually building quite an extensive pipeline of in most cases renewable energy pairs with the long duration storage."
"And Mikhail you've recently announced your RedT / Avalon investment. Tell us about this and the significance for Bushveld."
MN "This is part of one of the ways that we engage with VRFB manufacturers. I think that these two companies are very complimentary in what they do. They have both been in the market for a few years. Avalon battery focussing more on the North American market and in China, with RedT more focussed on the European market and on project development and they are quite strong there. We really like the management team that Avalon brings. We like some of the expertise that RedT has developed. We don't we a lot of capitalisation between them and I think one major benefit is these are two companies that are still quite small. Together they are larger and one of the key challenges is to this technology is to get to scale. There's a very positive cycle that happens when you achieve economies of scale. Your costs come down. You get more projects as you are more competitive. You get more scale so it's a very nice positive cycle. We feel that 2 companies working together are going to get there much faster and at much less cost, and as an investor that's extremely appealing. That's why we support this transaction."
BRR Media FM MN interview 12.11.19
Part 1
"Welcome to BRR Media. Today I am joined by BMN following their operational update. Fortune and Mikhail it's great to have you with us."
FM "Thanks for having us it's good to be here."
"Thank you both and looking at Bushveld Vanadium first, Fortune update us on the company's activities over the quarter, particularly on the successful completion of the Vanchem Processing Facility. Now that you own 2 of the 4 operating primary processing facilities in the world how does this shape your strategy."
FM "Indeed. We have explained and outlined the strategy a couple of years ago already which is basically the script from which we operate, which is all about the vision to create a significant low cost and vertically integrated vanadium platform and in respect of which there's two key aspects to what we do, building our resource base and our production platform which is essentially centred around 3 deposits on the Bushveld Complex which combined for 550 million tonnes which is the largest primary vanadium resource base of any company in the world with tier 1 vanadium grades, combined with processing facilities that will allow us to supply vanadium and have a significant share of the global vanadium market. Those facilities essentially being the Vametco assets which we acquired from Evraz 2 years ago and which is currently the flagship and the core of our cash generation, and from which we have supplied just under 3% of the vanadium global market. We have since added Vanchem, which we completed yesterday, and Vanchem essentially brings an additional asset, a primary processing asset, and between Vanchem and Vametco post the refurbishment of Vanchemand some expansion initiatives at Vametco should see us grow our production to 8400 mtV pa over the next 5 years. That's a more than 3 fold increase in our production which would give us just under 10% of the global vanadium market. Our entire approach has been making sure that we've got a large resource base and we've got scaleable flexible and low cost production platform, which we are now in a position to do with both Vametco and Vanchem.
As you know we produced about just under 3% of the global market last year from Vametco. That really gives us a good platform to then develop the downstream energy business through Bushveld Energy whose sole focus is to promote the deployment of VRFBs in what is a multi billion dollar and growing stationary energy storage market."