Member Info for Alfacomp

Berserker, perhaps you should read

https://www.thebushveldperspective.com/blog/public-articles-1/post/bushveld-energy-your-time-is-coming-336

then

https://www.thebushveldperspective.com/blog/public-articles-1/post/bushveld-energy-eskom-battery-mandate-2018-339

then

https://www.thebushveldperspective.com/blog/public-articles-1/post/bushveld-energy-your-time-has-now-arrived-355

and finally

https://www.thebushveldperspective.com/blog/public-articles-1/post/eskom-battery-site-visit-410

if you are concerned.

Yep the performance of the VanEck REMX ETF is pretty woeful. Perhaps not quite as bad as those adds for 'pink flamingo, come and join the party where EVERYBODY is HAVING FUN (and everyone losing money)' that come on the TV after midnight, but not a lot better.

993444 - methinks you doth criticise too much.

Perhaps instead of criticising this board you should criticise that other part of of your Jekyll and Hyde character - you know the one that posted only 1 week ago the following:

"I think AIM is for a certain investor and that is not me anymore. I believe I can make 10 to 20% a year going forward without too much risk. GLA"

So why don't you actually follow your own advice or is it Mr Hyde tonight ?

gotta agree with you there james and ken

for the prechristmas sales. Gave me another 10 grands worth for cheap prices in the last couple of days.

bella the 450K was clearly established in wednesday's trading

Vauxhall Viva - I had not previously come across that recycling cost estimate for Lithium-ion. It's fine if your concept of recycling is summarised as 'don't worry we can reuse those fab cool car batteries in dull old stationary energy storage systems'

The problem is that stationary energy storage is actually a much harder application than a typical car. To get value for money out of a stationary energy storage system you typically have to charge-discharge it fully once a day. That equates to about 250 miles per day for a car battery, day-in day-out, or 75,000 miles per year. So about 5-7 times harder than what most people do in their cars.

So that story - that Lithium ion car batteries are going to get amazing second use for stabilising our future green grids is exposed as worse than simply kicking the can down the road and putting off the mumble recycling mumble issue it's actually deeply disingenuous or shows little understanding of what stationary energy storage actually does and needs.

thanks for pointing that out spbhoy and faramog - clearly the market is paying a little but more attention to what is going on in the VRFB battery space now.

A further point - some will read the point about the $200/kWh price point and think to themselves 'yes I've heard something like that before from the Lithium ion battery guys' - except they haven't - the Lithium-ion battery guys have always been bleating on about $100/kWh as if somehow that is an important critical point to get to, you know like the point at which this whole battery storage thing makes sense, or something like that.

1) $100/kWh is simply a round number chosen by the marketing department. Battery storage pays for itself long before that.

2) $100/kWh simply relates to the price for a single Lithium-ion battery cell, before you start adding the cost of joining multiple cells together, providing encapsulation into modules, before providing module level monitoring, before providing cooling and integration into any kind of large scale system.

3) $100/kWh is just the capital expenditure of the batteries. But all batteries are not equal. Vanadium flow batteries, VRFBs last at least 3 times as long as Lithium-ion batteries, and have much lower degradation along the way - so take your pick of 3x $100 Lithium-ion batteries, or 1x a VRFB at $300/kWh.

Personally I'd rather have a single VRFB installation instead of having to install the thing three times over and have to find some way of getting rid of the old batteries that doesn't risk an inferno.

Actually I'd much rather have a single VRFB at $200/kWh. As made by Cellcube.

spbhoy - remember that the 24.9% is not just down to the 150Keuro but all the associated operational funding as well. This amounts to 1.65M euro.

On rereading I see that the Cellcube, Enerox, Stina resources story is complicated and perhaps benefits from being clearly laid out.

Enerox is a german/austrian company that has been making Vanadium VRFBs for 15 years.
Cellcube was the trademark that they established for this.

Enerox was owned by Gildemeister / DG Mori until about 1.5-2 years ago when they started looking for somebody to sell it to.

Stina Resources, a canadian listed junior explorer with the bisoni Vanadium projects managed to get enough money together to buy Enerox and the Cellcube trademark and rebranded itself as Cellcube in March 2018 ( https://www.marketscreener.com/CELLCUBE-ENERGY-STORAGE-S-43428045/news/CellCube-Energy-Storage-Starts-Trading-Under-CECBF-on-the-OTCBB-Market-26866921/ )

The subsequent Vanadium price action, amongst other things no doubt, led them into the sands only 18 months later. The key point to remember is that the key knowledge about VRFB manufacturing, and production facilities, are in the hands of Enerox, and have little, if nothing to do with the johnny come-lately Stina Resource people. The key VRFB knowhow remains intact and ready for the arrival of BMN's VIP.

4) Step forward Bushveld Minerals and Bushveld Energy to buy into Cellcube - recently identified by Navigant as the leading flow battery manufacturer - https://www.marketscreener.com/news/Navigant-Research-Names-CellCube-and-Sumitomo-Electric-the-Top-Flow-Battery-Vendors--29679059/ and the only company to quote VRFB energy storage prices hitting the $200/kWh price theshold - ( https://www.energy-storage.news/blogs/cellcubes-highly-vertical-ambitions-for-long-duration-redox-flow-batteries ) :-

"We are already quoting six and eight hour durations [to our customers]. [Here’s] one data point: on an eight-hour storage duration system we’re at the price point of US$200 per kWh. Not battery, not cell, no fancy announcement on the battery cell level, but for system-level containerised energy storage: US$200. That of course is a different ballgame now. That’s why you see the interest working up really."

5) On top of the Cellcube acquisition BMN and BE, via its VIP Vanadium Investment Platform is also matchmaking to the Avalon/RedT merger and as well as planning to take a stake in the merged business will be guaranteeing to supply the key input component (Vanadium is something like 30-50% of input costs for VRFBs) for their projects ( https://www.proactiveinvestors.co.uk/companies/news/906126/bushveld-to-invest-us5mln-into-avalonredt-as-it-launches-vanadium-battery-platform-906126.html

)“The interim funding creates an investment in a prominent VRFB/energy storage entity with the potential to become a leading, global battery energy storage systems supplier,”

Fortune Mojapelo,Bushveld’s chief executive, added: "The energy storage market presents a sizeable commercial opportunity, potentially exceeding US$660bn by 2040 and significantly greater than the value of the vanadium supply opportunity on its own.

If there are those posting on this board that are unable to, or decide not to, understand these positive developments then quite simply they are too stupid or disingenuous to benefit from them. The rest of us will benefit. That is what is called doing your own research.

Pdub - in my opinion you could not be righter.

The Vanadium price spike has been brilliant for the company, and will turn out to be brilliant for anyone who has bought shares here, at any price.

it has allowed us to accumulate a cash pile that has allowed us to

1) Buy a second processing plant, Vanchem that immediately derisks our production footprint and adds 900+ tonnes production per annum. Furthermore it immediately increases our short term production capability by a factor of 1.8 and allows us to realistically target 10,000 TPA in future.

2) - this immediately gives us the opportunity to bring Mokopane production online quickly. The mine does the first couple of stages of processing - grinding and magnetic separation of the Vanadium containing magnetite, which can then be sent to Vanchem, as well as potentially oft-mentioned off-take partners in China.

3) The downside of the spike completely put an end to the aspirations of many other Vanadium projects, generally too numerous to mention here, except for a key one - Stina Resources and their Bisoni Vanadium projects in the US, being marketed under the moniker V23 Resources Corp. In October the Canadian listed Stina (then acting under the Cellcube banner) reported: ( https://finance.yahoo.com/news/cellcube-provides-corporate-125841321.html )

"As previously disclosed, the spin-out of V23 has been terminated. The vanadium market has been volatile over the past year, reaching spot prices in excess of $25/lb to current levels close to $10/lb. Cellcube continues to maintain the claims in good standing but until capital is available to advance the properties, no further work will be performed, and the vanadium will remain in the ground."

In that same press release they stated:

"The market for large scale, long duration energy storage is finally here and Enerox believes it has the right product line-up to capitalize on the coming energy storage revolution. It has taken a lot of time and capital to get to a position that Enerox is at today, but until the company can produce and execute projects with a consistent number of units, the company will continue to be in a monthly working capital deficit position."

Stage 1 done

what makes you think I am suggesting that ?

indeed mart (I'm going to drop the notsosmart bit) - they reverse off a number of trades which are sprinkled around the place, some buys some sells etc and consolidate it as one easy to understand trade.

... and guess what - Vaneck have published their figures at the end of yesterday and indeed it does show exactly that change of position of BMN holding - 450K - except it is down rather than up as I had first guessed. The Largo holding also dropped, whilst their largest holding China Molybdenum Co Ltd did not so it looks like they may be adjusting their mix of Vanadium holdings inside their ETF index

well there's been 1.011 Millions Buys today versus 634,000 Sells so if you could sell some shares to the Market Makers it would allow them to close their shorts before christmas and get stuck into the christmas partying early tomorrow

Hammerman - yeah he's funny isn't he, indeed a classic 'yeah I got this chap on the inside who says that the horse is a donkey, bla bla bla'

nearly notsosmart - that combination of trades amounts to a restatement and in fact balances perfectly. This is the precise pattern that was established back in May June when Vaneck were building their first stake.

The margin was actually made later in the day when 450K of shares were shuffled amongst the market makers with a 20.261/ 20.161 difference - i.e. 0.1p x 450K = £450

Compass my money is on Vaneck buying 450K shares yesterday.

Anyone got any other opinions ?