Member Info for Alfacomp

Lindon - I had not considered that scenario. What did the Stina lot actually do for Cellcube/Gildemeister apart from trying to jump on the Vanadium-mines-to-batteries bandwagon before they had bothered to actually put any wheels on ?

BMN have provided cash to allow Enerox to continue as a standalone operation so that is secure. I guess the only issue is whether Stina deserves anything or not. Who here thinks that Fortune does not know how to drive a hard bargain ?

knuttie - the point I was making about BE is that they are unlikely to be telling the world what they can make out of Enerox before they managed to fully wrestle it out of Stina's incompetent hands.

My point about fekir having no feking idea stands. You on the other hand do have a good understanding about the company and no I don't like words or anything else being put in my mouth unless it is some of that delicious seafood we shared back in the channel islands a few moons ago.

if people do not want to take advantage of this temporary lack of understanding by those who cannot see farther than the end of their noses then it is not my fault. They will turn up once the rest of the herd have cottoned on, at which point the BMN SP will be significantly greater.

bassguy I just explained why the company is not doing it. They do not want to force the price up that the have to pay to the jokers at Stina. It would appear that there is some foot dragging going on there as they try and sort out their old accounts but if there is one thing that the stockmarket teaches you it is the value of patience.

RazorSchultz - TBP is not created in wordpress

bassguy - I have covered extensively what Mikhail and BE have been doing with Vanitec here:-

https://www.thebushveldperspective.com/blog/public-articles-1/post/vanitec-2nd-energy-storage-meeting-part-1-206
https://www.thebushveldperspective.com/blog/public-articles-1/post/vanitec-2nd-energy-storage-meeting-part-2-207
https://www.thebushveldperspective.com/blog/public-articles-1/post/vanitec-2nd-energy-storage-meeting-part-3-208

and here

https://www.thebushveldperspective.com/blog/public-articles-1/post/vanitec-3rd-energy-storage-meeting-part-1-175
https://www.thebushveldperspective.com/blog/public-articles-1/post/vanitec-3rd-energy-storage-meeting-part-2-174
https://www.thebushveldperspective.com/blog/public-articles-1/post/vanitec-3rd-energy-storage-meeting-part-3-173

and here

https://www.thebushveldperspective.com/blog/public-articles-1/post/vanitec-4th-energy-storage-meeting-part-1-274
https://www.thebushveldperspective.com/blog/public-articles-1/post/vanitec-4th-energy-storage-meeting-part-2-275

and if it wasn't for CV-19 I would have been covering them again in the a few weeks time.

I have also covered what BE have been doing preparing the ground for the Eskom BESS tender here:- https://www.thebushveldperspective.com/blog/public-articles-1/post/eskom-battery-site-visit-410

Mikhail and Fortune have systematically managed to corner the Vanadium-to-batteries market, have matchmade Avalon and RedT as Invinity and are set to announce the final stages of the Enerox purchase.

You don't seriously think that they are going to be announcing anything about pipelines before that is done and dusted do you ?

before someone else tries claiming credit for this tweet

https://twitter.com/BMNperspective/status/1270627295586390016

if you didn't hear it yesterday you can listen to our very own Northern Monkey on national radio here

https://www.bbc.co.uk/sounds/play/m000jvlp (around 24 minutes in)

Fekir - you have no feking idea what is going on

very very interesting eh Delboys ....

Cowboy - BMN has the largest high quality Vanadium resource base in the world.

the price paid for shares is continually rising. Why would you sell now ? Why would you sell such a good company ever ?

That's dozens of GWh plants built each year I mean.

CowboyInvestor - you don't think I would miss that out do you ?

Mokopane adds 2 million tonnes of V2O5 contained resource which is more than Largo and Rhovan's resource combined it is still only enough to add a few tens of thousand tonnes of Vanadium to worldwide production per year. This would only be enough to add perhaps 5-10 GWh of VRFB capacity per year which is not going to be enough once people realise that they are going to need dozens of daily-cycling GWh energy storage plants to balance PV electricity generation and general grid peak shifting.

Cactusman - with respect I don't think that either BMN or Largo have sufficient reserves at present to deal with the increase in Vanadium production that will be required once people realise what the chinese are doing with this stuff.

because it is still a 30% profit on the 10.8p they paid for the shares. That's 15% a year which is okay for some bucket shops or those that simply want the cash to play elsewhere.

James - the TR1 would not be necessary for a party of multiple parties each holding less than 3% - you may recall that in the Marc 2018 fundraising a total of almost 153 million shares were issued and only two TR1's were subsequently issued, one of which was for a well known shareholder here who's percentage ownership crossed a threshold as a result of the placing. The other was for First Island.

Since Nov 2018 there have been multiple TR-1's - one in January 2019 when Golden Summit increased their holding by around 10 million shares and a number on Aug 8 2019 which it seemed cleared up some old transfers between Yellow Dragon and Oak Trust/the Orange Trust.

given the proximity and identical price of those I think that at least one of these is simply an interchange between MMs.

price paid for shares continually increasing. Why would you sell now ?

that there is a good chance the price will move up today.

The trade analysis for friday shows that a very large dump of around 1.5M shares early in the day was completely reversed by strong buying later in the day. Perhaps the market makers like printing shares cheaply then immediately having to sell them off at bargain basement prices, however I suspect that they might rather prefer to restrict availability so that they can sell the shares at somewhat higher prices first.