Member Info for Alfacomp

https://twitter.com/VSACapital/status/1334425200138612742

25 seconds in

Alastair - have you considered the possibility that they are not permitted to, or do not wish to, give away commercially sensitive information like that before the tender results are announced ?

he is also ex vice president of Mining and Metals at JPMorgan Chase but he did not tweet them so maybe there is something in it after all

bassguy - it is because we have not given them the opportunity. Insitutional investors will not buy in the AIM marketplace like you are I are forced to because they appreciate that AIM is a game run by the market makers. They consider themselves too smart to participate in that charade and usually they get away with it with behind the scenes placings. Not here though.

40 Institutional Investors buying into IES !

bluerill - I'm not sure that analogy is quite right as it suggests that BMN might be profiting at the expense of IES. The reality is that both will prosper because humanity has no choice but to rapidly decarbonise.

This means that they will need to quickly employ already working energy storage solutions, not wait around for another couple of decades whilst the dreams of nuclear fusion, major Carbon capture or yet another promises of fantasy flow battery electrolytes emerge or die.

Thus the analogy is that Bushveld are providing the handles for all sorts of tools, IES put them together with specific components to make picks and shovels, and humanity then has to get down to the business of digging itself out of the hole it has created.

I see now that Mkango are reporting ALL TiO2 containing materials not just Rutile, so it is hardly surprising that the Mkango TiO2 %age figures are much higher than others' Rutile only %ages

More capital flowing into the VRFB industry is a good thing for IES and for the Bushveld Group

Mkango reports:- "The auger holes included a grid of holes centred around hole A6, drilled in June 2020 to 8.9m depth, which produced nine consecutive samples that contain between 4.10% and 9.01% total heavy minerals (specific gravity greater than 2.95) and grade between 3.17% and 4.09% titanium dioxide (TiO2) "

( see Mkango press release of 15 September, 2020: https://www.mkango.ca/news/mkango-announces-rutile-and-ilmenite-discovery-in-malawi )

They also mention:- "Sierra Rutile in Sierra Leone, owned by Iluka Resources Limited, is the only high-grade, large-scale operating primary-source natural rutile mine in the world."

The question therefore is - how do the Mkango reported grades stack up with those at the largest Rutile mine in the world ? (presumably a fair gauge of quality right ?)

The answer is (from the Sierra Rutile Linkedin page) :- "The deposit has a JORC-compliant resource of over 600 million tonnes at 1.29% rutile (measured, indicated and inferred resource, as of February 2011, at a 0.8% cut-off grade), making it one of the largest natural rutile deposits in the world. "

So Mkango's reported grades of >3.1% are signficantly higher than the 1.29% reported by the world's largest operating Rutile mine.

Mkango could well be a very significant resource.

Daisydog, once you've done that could you let them know that building a vacuum tube to run a high speed rail system is an incredibly stupid idea.

The specifically relevant thing in that article ( https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-415 ) BiffyBoy is that Navigant forecast the energy storage market worldwide to be worth 50 billion dollars a year in less than 10 year time.

Furthermore they expect flow batteries to capture 1/5th of this.

drop of 0.5p at the end of trading today. Normally this is done via the end day auction to yield a UT trade that sets the end day price but on this occasion it was done by dropping both bid and ask by 0.5p 1 minute before the market close

Biffyboy - read this article and you decide - https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-415

Sloppy - indeed this is an interesting development between our old friends Terry Perles (TTPsquared and now US Vanadium) and Vince Algar (of AVL) - it just goes to show how important it is to be on the inside in this industry, and how difficult it will be for some of the opportunist hopefuls to break into it.

JMC - is that true share dealing or using their spread betting feature - I understand that they work in very different ways

what platform is that JMC ?

“We’ve been almost 100% dependent on foreign sources of rare earth elements for industrial applications,” Jim Reilly, director of the U.S. Geological Survey, said. “It’s not only the domestic sources of the resource that we concentrate on. We look for those resources literally across the globe, and then we build collaboration with our partners.”

- how come someone gets to buy 50K 5 minutes before the market officially opens ?

https://www.mhlnews.com/global-supply-chain/article/21122563/us-scours-for-rare-earths-to-end-addiction-to-chinese-imports

owned Vanchem for over 10 years before Bushveld bought it from them.

They understand exactly where Fortune is going to be driving the business - which is why they are not going to be flipping the shares out for a penny or two profit.