Member Info for Alfacomp

good news Pdub, thanks for sharing this with us, we are all rooting for you.

okay it is here:- https://youtu.be/QLZto1FKBfA?t=220

He is 100% clear - there is no limit on self generation and you don't need a license.

mogwhy - where can we read that in black and white. I want to frame it.

HumanResources - it doesn't work like that - they are the ones that have made the stuff happen, we've just sat around watching the share price go up as a result. Two very different situations.

Game on

mogwhy - I missed that - was the limit on non-grid connected self generation removed entirely ?

Having the grid is nice as a backup if you ever need it but if you are totally isolated from them then it seems only fair to allow you to generate and store your own energy by mining sunlight.

you should probably read some of these articles first:-

https://www.thebushveldperspective.com/blog/public-articles-1/post/lionels-big-picture-428

https://www.thebushveldperspective.com/blog/public-articles-1/tag/vanitec-82

you should probably direct your questions to the FAR board of directors - I'm sure they would love questions from an educated investor.

Re the area needed for the Oya Bess - 7.8 hectares is 7.8 x100 x 100 square metres = 78,000.

The 800 MWh Dalian VRFB is on a site 120x100 m in size - so only 1/6th the size. Admittedly the Dalian VRFB goes upwards for 4-5 stories and in fact ends up getting roughly twice the energy footprint density of a typical containerised Lithium-ion system such as the Tesla Hornsdale battery. If we assume that a single story containerised VRFB system conservatively only achieves 1/3rd the footprint density of Dalian and only 60% of the 7.8 hectares is actually used for batteries we end up with a potential VRFB battery size of :

800MWh x 78000/12000 x 1/3 x 0.6 = 1.6 GWh

this is actually quite an important development.

I'm sorry I have set myself the target of owning more than Fortune.

Another box ticked, another domino set up for Bushveld.

If you cannot see what is ahead after everything that has been shown on this board then I give up, but I don't care because I will continue buying shares that those people are not smart enough to hold on to.

Indeed 1210 + beechcomber - 50% of the bidders are proposing to use batteries.

3 of the 8 bids are going to require additional benchmarking to establish if the prices are economically viable. We don't know whether any of these 3 include batteries.

Not according to the recent Youtube double act - according to them if you remove all the bits when the Vanadium price was high it has stayed low and therefore will stay low forever because evidently someone in the future was able to go back to the the vanadium market in 2010 to tell them no need to raise prices because our ex-russian black shale mine is coming to dominate the market.

The trouble is that the so-called 'huge' resource that FAR has is actually quite puny:-

FAR Balausa :-24.3 million tonnes of black shale at 0.68% V2O5 = 165,000 Tonnes V2O5 contained

This compares with :-

Bushveld Brits:- 66.8 million tonnes of VTM at 0.56% whole rock, 1.58% in magnetite = 374,000 tonnes contained V2O5 (2.3x Bala)

Bushveld Vametco :- 184.2 million tonnes of VTM at 0.78% whole rock, 1.98% in magnetite = 1,435,000 tonnes of V2O5 (8.7x Bala)

Bushveld Mokopane :- 298 million tonnes of VTM at 0.68% whole rock, average 1.5% in magnetite = 2,026,000 tonnes of V2O5 ( 12.3x Bala)

So I don't think anyone should be crowing about how big their resource is because ours is 23 times bigger.

5) if you want to see Terry Perles Cash Cost curve for Vanadium production, all helpfully colour coded by production process here it is:- http://www.ferro-alloy.com/en/vanadium/TTP%20Squared%20market%20summary%203%20April%202020.pdf

Page 16 - you will see that the Cash costs for all the Stone Coal production routes are $9/lb - roughly $45/KgV - now explain to me in detail how a similar process with an ore grade that is somewhat worse than the 0.8% minimum quoted by Terry Perles is going to somehow do this all for less than $3 a pound V2O5 ?

for those who may suddenly be interested in the minutae of Vanadium processing, specifically in relation to the claims that a new entrant to the market will suddenly be able to produce Vanadium at a lower price than any of the existing primary miners here are some facts:

1) None of the world's main primary Vanadium producers (Largo, Rhovan, Bushveld Vametco and Vanchem) use black shale as a source of their ore - they all use Vanadium-Titano Magnetite (VTM) ores.

2) VTM ores allow the processed rock to be concentrate to >1.5% Vanadium content because the V2O5 is hosted in the magnetic fraction, so magnetic concentration is a possibility. It is not a possibility in black shales resources so no such concentration is possible and all the rock has to be sent through the entire process. I note that some have stated that VTM ores 'require' magnetic concentration, as if this is a bad thing, it is not, it allows you to start with an even better material and not process millions of tonnes of unnecessary ore.

3) There are dozens of black shale (also known as stone coal) resources in China - Terry Perles described these at the 4th Vanitec energy storage meeting ( https://www.thebushveldperspective.com/blog/public-articles-1/post/vanitec-4th-energy-storage-meeting-part-1-274 )

"Similar were stone coal deposits, TP mentioned that he knew of dozens of Vanadium bearing stone coal deposits in China but as ever the ore grade was important, and as magnetic concentration could not be used, unlike VTM ores, stone coal was always going to be in a difficult position when compared with VTM ores. TP mentioned that Chinese stone coal Vanadium producers had told him that they needed virgin grades of 0.8% or better to be economically extractable."

4) in other Vanitec presentations Terry Perles has noted that these chinese stone coal processes do not get turned on until the price of Vanadium is high, typically over $50/kgV (FeV)

Draw your own conclusions as to whether a new entrant with a process that is not used at major scales can reasonably expect to be 'lowest cost producer' - we've seen this all before - King River Copper, Aura Energy's Haggan, etc project all claim to have 'massive' resources and yet they can never get their mines built. What does this tell you ?

Gotta agree with fishy and uksteve - you never get any credit for warning people on other stocks because they are simply in rampfest mode and the posters on those boards are going to be around for a week, tops. Having educated investors is most certainly not part of THEIR plan and they will do whatever they can to throw the proverbial at you. Anyone who invests in any company on the basis of a single day's research or on the basis of who is getting options and at what price is obviously desperate and needs their head examined

james - he is doing it simply to wind you up - try not to take the bait.

Mine expansion and multiple byproduct production is the priority.

John117 - you are correct in your basic sum. This yields $93M annual sales revenue just for the Tin at $30 tin.