Member Info for Alfacomp

It may do more than that knutsford it may actually CREATE a new South African business, not just making electrolyte, but also assembling the batteries themselves in SA.

This is precisely the catalytic impact that governments the world over dream about.

Vauxhall Viva - the key factor is that an 80 MW Li-ion battery probably can only store 80MWh of energy - thus if you want 320MWh of energy storage you need a battery which is 4 times the size and cost.

lor - the initial capex is only relevant if the different battery systems have exactly the same performance and life. If not then you need to look at the levelised cost of storage - and this depends on the reimbursement mechanisms that exist in a the particular place that you want to site the battery. If you want to understand more about the Eskom BESS tender then you need to read the excellent series of articles from BBN here:-

https://www.thebushveldperspective.com/blog/public-articles-1/post/bushveld-energy-your-time-is-coming-336
https://www.thebushveldperspective.com/blog/public-articles-1/post/bushveld-energy-eskom-battery-mandate-2018-339
https://www.thebushveldperspective.com/blog/public-articles-1/post/bushveld-energy-your-time-has-now-arrived-355

Ask yourself why has the Eskom BESS tender been delayed for so long and why it suddenly appears immediately after the BMN/Enerox deal is finalised. Only Sumitomo has a longer track record in installing VRFB systems, Enerox has installed 140 systems all over the world and if memory serves me right has the largest installed base of VRFB batteries of any company.

I wonder who decided that USD 415 Million is the amount that we should be bidding for this first BESS project

I wonder who decided that USD 415 Million dollars is the amount that we should be bidding

Brits acquisition
Vametco mine and processing plant purchased
Vanitec lead for Mikhail Nikomarov
Brits main resource unveiled
Partnership with Industrial Development Corporation of SA to build Electrolyte plant announced
South African Energy Storage association lead for Mikhail Nikomarov
Mokopane mining right announced
Vanchem processing plant purchased
Multi-phase plan to increase Vanadium production by 259% announced
Vanadium leasing plan announced for Avalon
Establishment of VRFB company Invinity from Avalon/RedT and with BMN stake and sole supply contract
Eskom BESS projects start to be announced (Phase 1, Stage 1 320MWh. 1440MWh Total)
Purchasing strategic stake and sole supply contract for VRFB company Enerox

I wonder what will be next

Floyd the BE electrolyte plant is indeed being built in zone 1A

Yep see page 6 here - https://esmap.org/sites/default/files/ESP/31_Bushveld%20Minerals_vf.pdf

For what it is worth there is now clear evidence of site works for the electrolyte plant being undertaken at East London

of the International Flow Battery Forum session 2

https://www.youtube.com/watch?v=JcP1XTjYrTE

Kenneth Davies of Birch Infrastructure explains just how large the energy storage commitments are that big datacentre players such as Google and Amazon have made by stating that they will run 100% renewables ALL the time - it's tens of Gigawatt House needed just in the US

I don't know about that - probably you should talk to them direct

somtam - I can recommend AJ Bell who have been able to do whatever I've asked of them

Libero - he meant the Enerox deal

His name is richard

Rorkes Drift - I am afraid that you are million miles out - 1) BMN's Vametco was never completely shut down because it is an opencast mine 2) no other Vanadium primary producer (there's only 3 total outside of china) has advanced plans for a Vanadium electrolyte facility, the only one in the southern hemisphere 3) no other Vanadium primary producer has criticial strategic stakes and sole supply agreements with a single VRFB manufacturer let alone the two that BMN now has strategic stakes in (Invinity, was RedT/Avalon and Enerox, aka Cellcube)

paul he's done 3 posts like that today all on different companies. Simply bottom feeding trash

well put Pdub - I remember thinking back then that this was a simple test - if you are sure that the company is a genuine one and has good prospects then lower SP's make it an even compelling investment. I followed my research back then and bought large numbers of shares that were being given away at less than 2p each.

If you don't believe your research or need the SP to be high to satisfy your concerns then you really need to look at your guiding investment principles - either go back and do more research or find a different company that you understand better. These extended periods of market irrationality are simply sent to deceive and mug you of your shares.

The circular irony of the zero-sum market is that the tighter that PI's hold onto their shares the harder it is for Market Makers to get the shares that they need to close their short positions and so they push the price even lower hoping to loosen up shares from leveraged holders. There comes a breaking point when they can get no more shares this way and then something has to give - either they try a crazed going-for-broke treeshake or the SP has rise to a new semi-equilibrium position. If you are basing your investment decisions on these movements then you are playing russian roulette in the dark.

Pat - telling us changes nothing, if you have not already emailed the company I suggest that you do.

Good email and background research into the AIM rules Libero. Those who have been around for more than a couple of months will know that I have railed against this type of misrepresentation repeatedly - you may or may not have seen the complaint that we made to the FCA no 205882095 ( https://www.thebushveldperspective.com/blog/public-articles-1/post/fca-complaint-case-ref-205882095-422 ) - so only 2 billion complaints ahead of us in the queue !

Floyd - I met Pat at the Eskom BESS test centre site visit 18 months ago ( https://www.thebushveldperspective.com/blog/public-articles-1/post/eskom-battery-site-visit-410 ) - I questioned him at length and it is clear that he really knows his stuff where Energy Storage is concerned.