Member Info for Alfacomp

Libero - you are free to carry on whatever campaign you like but I shall not be involved.

we could spend a little more time discussing what the company has achieved and is going to achieve, instead of endlessly gazing at our navels and telling them how to do their jobs.

MessDog - the 'masses' as you put it will never get BMN because they will be too busy out chasing the latest crypto hyperbole. Endlessly behind the curve they will simply end up as cannon fodder for trading algorithms to take advantage of.

All that we need to do is appeal to one or two informed and well-heeled investors who can see the potential for the upcoming energy storage market and wish to take an incredibly cheap and well hedged stake in a company that is central to the entire flow battery sector.

I am happy to wait for that and do not require Fortune to change anything to appeal to notoriously fickle PI money.

Excellent post Ben. I have absolute trust in Fortune, which is why I now own more shares than he does.

jelly - no need to worry I can point to 100M shares that would not allow that.

No you are wrong again Viking, BBN is correct.

Third strike and you're out mate.

Viking, I'm afraid that you are wrong.

Megawatts is the power. BBN is clearly assuming 4 hour battery duration so 30MW = 120MWh

1000 MWh = 4500-5000 Tonnes of Vanadium => 540-600 Tonnes of Vanadium.

better tell that to the 4 firefighters that were injured by the exploding LG Chem battery system in Arizona

https://www.greentechmedia.com/articles/read/lg-chem-battery-cell-mcmicken-arizona-fire

or simply renovate the power stacks at that time and drop in a dash of the latest #VRFB electrolyte improver and keep using for another 20 years. Unlike organic molecules which degrade and turn into other stuff over time, Vanadium ions remain as Vanadium ions.

https://www.bbnbigbitenow.com/post/bushveld-minerals-some-key-thinking

CG - ironically we actually need some idiot shorters to place leveraged bets on spread betting sites. Then when the MMs move the price against them they lose out and are forced to buy - in that way the MMs get the original short sell at a low price and then make money from the forced buy that has to come when the shorters lose their positions. Without someone to rip off the MMs simply sit and wait for long holders to lose patience.

taufour - the relationship is spelled out explicitly here:- https://www.thebushveldperspective.com/vanadium-prices

Uksteveg - don't be too hasty - I've been waiting for over a day for my 2x BMN Bed & ISA's to happen and they have not yet.

Libero - impressive that you were able to break Twitter within the week but it took Donald Trump years to get thrown off.

Setcentric - no I don't think they would tell Enerox to look elsewhere when they are just about to give them a significant fraction of the $30M that Enerox need for manufacturing expansion.

Enerox are scheduling expansion to 30MW/120MWh in the first instance - this would only take around 500 Tonnes of Vanadium. If BMN is going to be making its own 200MWh of Vanadium electrolyte that would only take another 900 Tonnes of Vanadium.

We are expanding production right now so I would expect that there is going to be sufficient Vanadium to take this additional internal demand. The intercompany sales referenced in the previous year's operational update may already include some of this.

very interesting that Package 1 and Package 2 are all 4 hour batteries but Package 3 is 4.7, 5 and 6 hours.

Bushveld would appear to be planning to be in the position to have enough South African made electrolyte for all of package 3.

indeed well pointed out Loudspeaker and Faramog. 6,800 Tonnes of Vanadium in the form of Nitrovan could have the same steel strengthening effect as 20,000 Tonnes of V2O5

See page 3 here:- https://www.nitrovan.co.za/documents/Vametco%20Alloys%20Brochure%20(Digital).pdf

JD1972 - the thing is we don't sell V2O5

taufour - V2O5 is only 56% vanadium so 12,500 tonnes is only 56% Vanadium and the average of the largo quoted range is 12,125 Tonnes V2O5 which works out as 6,790 Tonnes of contained Vanadium.

BMN reports tonnes of contained Vanadium. Largo reports V2O5.

a nice profit and still BMN own more than half of the electrolyte joint venture