Member Info for Alfacomp

Loudspeaker if the so called fundamentals were really fundamental then anyone could make money on the markets. I too threw the 'experts' rule book out of the window when in Nov 2016 I sold all my other shareholdings to put them into bmn. That was before I saw what Mikhail is doing with vanitec and before fortune and Vametco started printing vanadium money after the July 2017 vanadium bomb went off. Seems to be working out quite well so far, and yet we have barely got going. The wider market does not know we are even in profit. Largo shot up 50% just because Leon cooperman mentioned them. Imagine what will happen when investors see our profitability in black and white.

Published this week:-

https://www.thebushveldperspective.com/vanitec-4th-energy-storage-meeting-part-1
https://www.thebushveldperspective.com/vanitec-4th-energy-storage-meeting-part-2

No virtually none gets stored in association with the generating grid it pretty much all just gets chucked into the grid and then if there is too much some maybe diverted to hydro whilst a power station is ramped down. The problem arises when you need more power than you have being generated - the hydro can only be used for a little bit as a significant amount needs to be kept back in case of sudden demand spikes, and it is concentrated in only a few places. Long duration batteries could act like local power stores so that you do not need to shuffle electrons from one end of the country to the other.

Yep me too another 20k worth

Endion, those Rhino's are called Mr 546,250, each day there is one less of them

Rob1967 - I think your last point is important, perhaps surprisingly so for the large number of PIs who have been here years. The point is that there are always going to be newcomers who are not so familiar with the business and it is the dynamics of these people that perhaps determines the short term (i.e. current) share price. If they can see stability and regular appreciation then they (with respect) are more likely to stick around and learn more about what a great business this is.

middleEastMoney - I think you have hit the nail on the head when you suggest that perhaps all states will wish to add these kinds of massive energy storage devices to their grids. Once the concept has been proven the benefits are so great that the trickle will very quickly turn into a flood.

Despite the clear selling of hundreds of thousands of pounds worth of shares for every day so far this week the share price is up - what does that tell you about what will happen when they stop offloading.

There is no chance that the price will 'tank' - it takes years to bring new production on stream and Vanadium is in a structural deficit. Scott might like the world to think that Vanadium is common as muck but then he does like to be deliberately provocative refusing to accept that Vanadium Redox Flow Batteries are Batteries. Evidently where he comes from they have never heard of lead-acid or rechargable batteries. It's fine having someone like this in the community just so long as you never let them out of the building.

Good spot BBN, though the 32st of May must have been a leap year.

What does it look like in Fatbankers calculator ?

Yep it makes me think that the reason we have not heard about the Mokopane Mining Right is that there is a much bigger news to be attached to this.

even 500 quids worth - have they closed up shop or are waiting for someone to get itchy feet.

Hotchips - that of course was under the previous administration - the 27 REIPP projects were signed 4 months ago:- https://www.windpowermonthly.com/article/1461150/long-delayed-south-african-power-deals-signed

https://www.thebushveldperspective.com/vanitec-4th-energy-storage-meeting-part-2

claiming to have a 'Mining Right' granted - it is not of course a full mining right, which would require a complete environmental impact assessment, amongst many other things, but only a prospecting right, which BMN Mokopane had 6 years ago.

https://twitter.com/VanadiumWorld/status/1022636075620032512

I do hope that they do not carry on with misleading claims such as this - it does not reflect well on our industry.

Looking to establish different trading networks that support the 4th industrial revolution according to CGTN (China Global Television Network) reporting on the BRICS summit today in Johannesburg.

Could BMN be better positioned in both time and space ?

Worth rereading this:- http://www.engineeringnews.co.za/article/south-africa-calls-for-expanded-brics-cooperation-on-energy-transition-2018-06-28

MrRealistic,

the essential principles are the same for both the RedT VRFBs and the UET VRFBs which BMN is testing at Eskom. The primary difference is that UET uses a patented mixed acids electrolyte which has greater energy density and wider operational temperature range. The guys behind UET (Gary Yang et al) were the people who when at PNNL invented the Vanadium based mixed acids electrolyte. RedT's electrolyte is, I believe, essentially the classic single acid Vanadium electrolyte which Bushveld Energy will be making in future.

It is therefore not out of the bounds of possibility that Bushveld Energy will be supplying the c. 25,000 tonnes of electrolyte that RedT would need if they managed to get orders for all 700MWh of the energy storage projects that they announced today.

Ou sont les bolgas d'antan

It certainly is an unusual number and one which I have not been able to tie to anything specific