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Libero - Your link to the tender information at East London is wrong, the ] character at the end needs removing.
Knuttie :-) let's hope it behaves like it did a year after... More than 15x
Couldn’t agree more Knuttie, absolute bonkers!!
This feels so like January 2017 when the SP made no sense.
yes .. a great article over 2 years ago ... all coming in African time ..
guys guys .. I've got an idea ..
https://www.youtube.com/watch?v=J-iDJj01CvE
Wow what an article, all very exciting
There is more info about BESS tender here:- https://www.thebushveldperspective.com/blog/public-articles-1/post/bushveld-energy-eskom-battery-mandate-2018-339
This must be the best Micro Cap company at the moment with potential growth over the next few years, it has a Moat - a distinct advantage over its competition via Vertical integration. Currently on a P/E of 4.72 (That is a bargain). Price to sales ratio is 2.49 and a current ratio of 4.14 (2 or more is desirable, this is 4.14) , meaning the company has £4 of current assets for each pound of current liabilities. Revenue, Profit, Total assets and Net assets have all been increasing since 2017. Surely this SP should be 30+ by now with Vanadium Price still rising. I had another micro cap stock but sold my shares yesterday and invested more into Bushveld as surely this SP needs to start increasing. However can anyone tell me:
1. Has the Belco Electrolyte plant construction started yet?
2. Have they started construction of the hybrid mini grid at Vametco and are Abengoa still involved with this?
3. Has work commenced on the Mokopane mine?
4. The PQ Iron and Titanium and PQ phosphate Projects. Is this the Mokopane mine or is this another source of income.
5. Mojapelo talks about dual listing on the JSE or upgrading onto the main market. Surely if Bushveld was on the main market this would increase the SP.
6. I am happy with the above and all the projects that Bushveld are involved with and the future of this company but can anyone tell me what the Eskom BESS contract is. Is this to produce the VRFB projects to South Africa or something else and when do we find out if Bushveld have got the Eskom contract?
All in all, I think this SP needs to increase over the short term and even more in the long term.
Hello
Agree Libero. Next week will be significant. News flow inboard. Shorters will be toasted. Because when this thing blows it’s going to blow big.
Regards
Bobby
ps for all those on other platforms taking a poke at Alpha may I politely suggest that it's a better strategy to stand on the Shoulders of a Giant
As mentioned, we've got an exciting few weeks ahead of us, both from a company perspective, and a global vanadium demand/price perspective, so we're looking very strong.
We've sustained 19p all week despite a market-wide sell-off, and I actually expect us to finish with a flourish this week, with a late push to 19.5 - 20.0p, before a blue week next week : )
- More Vanadium Price rises ! The commodity price rise has risen more than $1kgV this week alone. I fully expect that to continue next week : )
- Eskom BESS Tender Announcement - I believe this may come next week because the original tender date was 25 Jan + 6 weeks (for the tender extension we knew about in Oct) = 8 March
- Bushveld are promoting themselves to investment houses at present, and I believe this may bear fruit fairly soon. Probably not next week to be fair but who knows ...
Other Upcoming Newsflow in general this year:
- Vametco Phase III expansion project news (using Orion Funding)
- Vanchem Phase I refurbishment news (using Orion Funding)
- Enerox news - MoU with AVL (https://themarketherald.com.au/australian-vanadium-asxavl-up-15-pc-after-deal-with-enerox-2020-09-09/). Which obviously suggests the company is expecting us to be involved with the goliath Eskom BESS contracts.
- Invinity news (because it's very clear they're picking up lots of work and we have the option to supply the vanadium for all these VRFB projects)
- Electrolyte Plant Construction phase start in Q1. This was pencilled in to start on 22 Feb so truly is imminent, and this may get a separate RNS in itself. [For proof: Check the tender docs on the ELIDZ tender website https://www.elidz.co.za/tenders/]
- Lemur Disposal ?
- Creation of "single entity organisation" (words from an internal Bushveld document)
- Possible rebrand - Chika recently said an official company description update would come "once the Q4 Update was released")
- JSE Listing News and/or Main Market News - This will happen eventually. As it is clear from this video interview with the CEO at 33 mins in - https://youtu.be/AX_WdScGDVw
DYOR and GLA : )