Member Info for Alfacomp

in fact yes they DID pull the article about Vanadium flow batteries at the request of Elon Musk

https://cleantechnica.com/2020/10/05/tesla-megapack-powerpack-powerwall-battery-storage-prices/

It is not out of the question - if you look on the Clean Technica website where the article was posted you will see that the first menu heading is 'Tesla News' - not green news or renewables news, but 'Tesla' news - that's pretty telling isn't it.

Here's the article that you can no longer get as of about 30 minutes ago - https://web.archive.org/web/20201005224042/https://cleantechnica.com/2020/10/05/discover-the-little-known-metal-many-experts-now-believe-could-be-the-solution-to-renewable-energys-biggest-challenges/

Afaman - have you checked out the Bushveld Perspective yet ?

bassguy - it is not irritating - it is a simple inescapable fact that SP's do not go up in a straight line - so unless the SP is at it's all-time peak (i.e. over 90% of the time) it is always possible to say you could have sold at a higher price and then bought back lower. Thus it is a trivial and unimportant point to trot out to feed an obvious agenda.

Daisydog - or should I say Nostradamus - you, and everyone else, should stop trying to beat themselves up about not being able to predict the future in 100% detail.

The simple fact is that you were ahead of the game. Bushveld will be worth more than 100p at some point in the future, the only question is whether you can be bothered to wait for that point or not.

The price spike in Vanadium is very clearly understood - it was driven by Glencore traders speculating on the price of Vanadium following the mid 2017 announcement by the chinese government of officially mandated Vanadium content in rebar steels. They did the same thing twice before since the year 2000.

The next increase in Vanadium prices will be longer and more lasting due to the additional structural demand in the market caused by increasing VRFB rollout.

It is curious and perhaps prescient coincidence that [4000/ (200 x 0.56 )] x £28M equals exactly £1 Billion

apologies that should be 36 times as much, so exactly £1.000 Billion

Drifter you have to remember that 200 Tonnes of V2O5 is only equivalent to 112 Tonnes of contained Vanadium.

So BMN is producing approximately 39 times as much, so according to the FAR metric we should be valued at £1.092 Billion

https://www.forbes.com/sites/jeffmcmahon/2020/10/05/how-california-wildfires-are-driving-energy-storage-beyond-lithium-ion

I am aware of a schmid unit being sold for a domestic project in the UK

Lionel - lovely summary - if you would like this to go on to the Bushveld Perspective please drop me a line at website @ thebushveldperspective.com and we'll sort out a structure.

forget about it there's hundreds of people working on new chemistries for flow batteries, but you know there is only one chemistry that is successfully commercialised at scale and that is the all Vanadium one.

wow - who ever thought of such a thing - an integrated mines-to-batteries business. Ah yes, Bushveld did, 5 years ago.

Perhaps we can get back to discussing the $65Million finance package that will see us through to Phase 3 expansion of 4,200 mtV per year - that's around 1000 more tonnes of Vanadium sold per year - a revenue of some $30 Million dollars.

beginerman - but they ARE delivering.

Ten minutes ago you were complaining that they weren't doing PR, now it is delivery. Make your mind up.

they were on the television only yesterday - did you miss it beginerman ?

"South Africa's largest producer of Vanadium"

nobody hands out loans unless your name is Richi Sunak. Orion are investing for the future.

they've not been able to flip the last 10 million shares yet - how are they ever going to get any more placings away ?

no still cannot buy right now