Member Info for Alfacomp

daitom - I suspect that the business rescue people are hoping that a suitor will somehow pay all the bills. Fantasy. The simple fact is that there's possibly only one company in South Africa that could successfully buy Vanchem and make use of it profitably, and that is us.

alas nobody in the Industry really gave a second thought to Haggan more than 6 months ago - so to say it is one of the world's largest known vanadium resources is really stretching the truth. The simple fact is it will probably take more than 1 billion to build such a mine and processing plant and where are you going to find that money for such an unproven extraction technique and such a low grade resource. Try coming back in 10 years time when maybe some other resources at greater than 0.5% have had a chance to come on stream.

Well said sanchez - it really is depressing to discover large groups of people who has simply jumped on the last Vanadium metoo stock and know nothing about either the subject of Vanadium or how to get it out of the ground. I fully expect this to fall back later today as it did on the spike last week.

No there will undoubtedly be more to be published during the day

daitom, it is pretty naughty, but not unheard of, to claim that multiple batteries spread across multiple sites represents a 'biggest battery' in the region of X or Y. This is purely done for the purposes of gaining headline inches and somewhat reflects a lack of maturity in one's offering. Still 17MWh on one site is reasonably sized and indicates that battery backed microgridded applications are starting to take off in Africa. There is no information about the actual technology used for the battery storage.

Sanchez, a flash and a bang and they were gone. A bit like a Lithium ion battery exploding:- https://www.youtube.com/watch?v=o6iYxd9lJpA Guys - this is serious - this is the technology that people are seriously thinking of building massive battery storage systems with - personally it scares the proverbial out of me. Much better to go down the Vanadium Flow battery route, which cannot explode and simply warms a little bit if you short it out internally.

and we are back where we were 1) minus some weak holders or 2) plus some short sellers, who will need to buy back. Either is fine.

Now 18.7p - as can be seen it doesn't take much for the MMs to move the price back up when they want to. The only thing to do is to make sure you simply are not dancing to someone else's tune.

18.5p now being paid. This is rising back up quickly.

BBN - well said. After last years rerate we were targeted by shorters and TW's share muppets who thought that they could spread fear and uncertainty through this board. After this quarter's rerate we have been targeted again, this time by Technical Analysts who, realising that they cannot undermine this board, have resorted to twitter instead. They do this simply because they believe that recent acquirers of shares will not have done their research and will have bought just by looking at the share of the share price chart. The follow on from this is that these buyers, being underwater for the first time with their purchase, will chastise themselves for not being able to predict the future and will sell out cheaply. What they have not factored in is the incredibly strong fundamental position that the company now finds itself in. Plus this is a position that is clearly understood by those on this board. For those who are just getting to know the company have a look at this :- https://www.thebushveldperspective.com/start-here2 Then remind yourself who is at the centre of the Vanitec global push for VRFB energy storage technology:- https://www.thebushveldperspective.com/blog/public-blog-1/post/vanitec-2nd-energy-storage-meeting-part-1-206 and precisely how well backed our Vanadium ambitions are in the global steel industry:- http://www.bushveldminerals.com/wp-content/uploads/2018/05/Bushveld-Minerals-Vanadium-101_Final.pdf Perhaps those with the link to the Vanadium 101 webinar recording might post it also

All we need now is for the usual numpties to appear here with the usual 'why the drop' nonsense and we will have further evidence of a short attempt.

After qhat looks to be quite a concerted serious of 50K ish sells at 8:34, which may or may not be short sells, it appears that buyers are now piling back in with multiple buys of 100K - evidently some have reached their buy back price. Anyone who sold though has been played like a mug.

The transfer of wealth from the impatient to the patient.

YTSS no they exercised 7,598,684 on 17th May leaving exactly 7,598,684 remaining. The difference from the original 15M is as a result of the warrant readjustments at the point that Afritin was spun of and are touched upon in the footnotes here:- https://www.thebushveldperspective.com/warrants-tracker

I suggest that everyone checks that their posting history is complete and if not should contact info@lse.co.uk Premium members can also complain to memberservices@lse.co.uk

YTSS - exactly right and no they did not exercise any before the start of this May.

Not of course that there is any suggestion of an import tax on a crucial metal like Vanadium - I was just pointing out how strategically insulated we are given the USA's 100% dependence on imported Vanadium.

Gambit - yep undoubtedly true because, guess what, the good 'ol U-S-of-A doesn't have any Vanadium mines and slapping any kind of import tax on Vanadium imports is going to make no difference to the 3+ years that it would take to get any working. So it is undoubtedly good news for us just as much as it is bad news for pretty much everyone else except perhaps the US treasury. Like everything with trump it might all be reversed tomorrow. Who would have guessed that we would become a perfect hedge against a steel trade war.

MrRealistic - if you look at the selldown of the 41M Erongo shares between the 19th of Dec 2017 and the 14th March 2018 the SP was bounded between 8p and 9p. https://www.thebushveldperspective.com/blog/public-blog-1/post/the-end-of-erongo-260 I believe that the selldown for 5M shares of Wogen 1 may bounded between 22p and 19p. This is excepting 2.5M that I think were forward sold to provide all the cashflow needed for the warrant exercise.

It would appear that approximately 5,000 of my posts in the last 4 years have been deleted, at least they are not accessible under my nicname. Has anyone else observed a similar problem.