focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
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.
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
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
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.