Member Info for Bella6532

Alfacomp... 'It appears that you are using the term 'Tame Seller' to indicate some kind of investor who is selling down in a not too aggressive way so as to participate in a subsequent funding round for the company. '
No not to participate in a funding round just selling share holding then putting the profits into the Consortium VIP funding pot. Rather different and if BMN have no target right now then it would not be insider trading since the whole VIP funding concept and Consortium have already been presented to the market.

Alfacomp... 'It appears that you are using the term 'Tame Seller' to indicate some kind of investor who is selling down in a not too aggressive way so as to participate in a subsequent funding round for the company. '
No not to participate in a funding round just selling share holding then putting the profits into the Consortium VIP funding pot. Rather different and if BMN have no target right now then it would not be insider trading since the whole VIP funding concept and Consortium have already been presented to the market.

Last Q2 and Q3 updates mention Lemur in opening para whereas Q4 did not. I don't think we should be too surprised if Lemur update comes our tomorrow and Enerox next week.

Alfacomp.. Thanks...fine lines!! Haha

Alfacomp. Many thanks for your extremely detailed response.
I see where you're coming from, however, the 150m placing shares were admitted end March 2018 and its FMs comment in the Placing RNS that leads me to belive if there is a tame seller it is to reinvest in something like our VIP investments or electrolyte financing.

'"We are delighted by the response from investors to this capital raise which was significantly oversubscribed. We are particularly pleased to welcome to the Company a consortium of highly experienced mining investors as well as several leading UK institutional investors who buy into and support our ambitions to build a significant low cost and integrated primary vanadium Company. '

The shares in issue after admission was 1,061,333,862 so if said seller is under the radar they would have to stay below the 3% reporting level of around 30m and if this was sold at 22p min less cost would generate a profit for the seller of around £3m...obvious anything above 22p would generate greater profit.

Could the Consortium of highly experienced mining investors be the same as our latest VIP investment consortium.. If so then a tame seller would make more sense to me especially with so many significant company events about to be announced, secured and completed....

RK... Any ideas on who the next VIP might be?
Apologies if you've already discussed same.

Hi Alfacomp... I'm not sure I really go with the tame seller. Sorry.
If you look at the daily volume history since the shares you refer to were purchased there has been more than enough volume at much higher prices to have cleared said overhand especially during the shorting period.
Personally I think we are just seeing the effects of lack of news taking BMN into the real world of a multifaceted and vertical lly integrated player within the sustainable energy marketplace actually delivering some income...not just a miner saying they are going to do this and that.
Plus lack of liquidity...Those backroom boys love a bunch of new shares or warrants coming to market they can ride up the SP on the back of rather than having to work at getting.
Finally a jittery marketplace with CV out there and an aggressive media and social media putting out all sorts of nonsense.

If there is a seller then why? The only reason someone might be trying to offload a large number of shares and it would have to be below 3% might be to raise funds to reinvest some other way in BMN or BE. As one of the VIP investors perhaps or leasing backer. To sell now just doesn't make sense unless they see the SP moving even closer to their buy in price...

Seems to me they're just ticking over trying to fill the odd order. If they are having to tree shake what happened to the tame seller and/or share overhang. Funny how they manage to fill orders in a spike or dont they in reality. Or do they put them through and then once spike peaks they drop the price to encourage the sells so they then pick up the cheap shares to fill the orders they sold days before...all on credit... They could still be doing this.
Who knows what the back room boys get up to but it's going to get interesting from end this week onwards... I hope they're ready...

Oops!!!
https://www-motoringresearch-com.cdn.ampproject.org/v/s/www.motoringresearch.com/car-news/transport-minister-astonished-hazard-electric-car-motorway-breakdowns/amp/?amp_js_v=a3&_gsa=1&usqp=mq331AQFKAGwASA%3D#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.motoringresearch.com%2Fcar-news%2Ftransport-minister-astonished-hazard-electric-car-motorway-breakdowns%2F

Or they just spin it off... Either way news is due on Lemur as mentioned in Q3 but nothing forthcoming in Q4.
'Bushveld Minerals is exploring various options for Lemur Holdings to operate as a standalone coal and energy focused platform.'

Question is, is it worth hanging onto based on new VIPs and Vanchem and what is it worth to BMN if sold or spun out.

Going back to Lemur, isn't it more likely BMN will sell out their holding to Power China once it gets to construction stage.

'Other objectives include the potential establishment of a future company for the project upon completion of the BFS, in which Sinohydro’s parent company PowerChina may taken an equity interest.'

Oops sorry missed this off..

https://www.cellcubeenergystorage.com/cube-press-release-6132019

I wonder what the status is on this project and if we will get an update at some time...
May 14, 2019 CellCube and Pangea Energy Have Signed LOI for 50MW/200MWh in Australia
'“The Pangea Storage Project is a wonderful example on how renewable power generation and a safe, reliable and sustainable energy storage technology such as the Vanadium Redox-Flow battery are a perfect symbiosis to provide renewable baseload today”, says Stefan Schauss, CEO of CellCube, “Our new high performing CellCube is three times more efficient than any Power-2-X or Hydrogen technology which will not be available at this scale in the next 3 years. CellCube also offers a lifetime support of 25 years with no degradation or augmentation like needed for lithium. This is real true value for money.” '
'Following a series of large scale projects based on lithium technology the authorities in Australia have re-enforced project developers and IPP’s to consider long duration storage as base technology to allow for a more sustainable and green baseload alternative in the gigawatt-hour range. '
'Pangea Energy will build, own and operate the site and procure from CellCube products and services which may include an electrolyte service as a co-funding mechanism.'
'The companies are currently conducting the due diligence and reviewing the offtake conditions for starting constructions in late 2019 with plans to be operational in 2020. '
https://www.cellcubeenergystorage.com/cube-press-release-5142019
And where will we stand with regards to this deal?
'June 13, 2019 CELLCUBE ENERGY STORAGE SYSTEMS INC. is pleased to announce that CellCube has signed a Commercial Framework Agreement with Immersa Ltd. which reserves production capacity and installation services for CellCube’s recently released new generation of Vanadium Redox Flow Battery System'

I think ESKOM is again the key/timing he refers to.
BMN has to be seen as more than just a miner and it will be the BE side of the business signing up key deals and completing on the first 2 VIPs...the markets want to see it not just hear about it and they will very very soon now...

See conclusion P6
https://www.researchgate.net/publication/319368068_Toxic_fluoride_gas_emissions_from_lithium-ion_battery_fires

https://cleantechnica-com.cdn.ampproject.org/v/s/cleantechnica.com/2020/02/22/usa-braces-for-tsunami-of-microgrids-as-defense-dept-wades-in-cleantechnica-exclusive-interview/amp/?amp_js_v=a3&_gsa=1&usqp=mq331AQFKAGwASA%3D#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fcleantechnica.com%2F2020%2F02%2F22%2Fusa-braces-for-tsunami-of-microgrids-as-defense-dept-wades-in-cleantechnica-exclusive-interview%2F

Mmm... Avalon/RedT will be perfectly placed and could offer a lease deal.

Oh! Please! go and take a cold shower chaps...you sound more like a bunch of kids not grown ups...

Even JM can't ignore it and has this in his morning roundup today. I'll remind him to push the safety aspects of vrfbs when he next pushes BMN...

'Lithium battery storage facility catches fire in Coventry (Coventry Live)
18 firefighters were called to fight the blaze on Wednesday at an industrial estate in Coventry, where lithium batteries were being stored.
A spokesman for the fire service said gas inside the unit was isolated, and the building was isolated. There were no reported injuries.'

I wonder how much of the last weeks rise was down to the V price increases vs anticipation of what news/update might have been forthcoming from the SA Minister regarding the tender date etc.

RK.. We have already been told they have access to electrolyte production overseas. It probably doesn't make commercial senses for the foreseeable future to set up our own facilities with all the overhead, construction and regulatory costs/red tape. Just better to pay someone to produce it as necessary from our own V and to set up lease to end customer. Companies like Avalon/Redt and Enerox will have well developed relationships with electrolyte suppliers.
BMN/BE have also pushed the fact they will be targetting Africa (a huge potential young marketplace) and there should be more than enough business for ELondon and any extension they may be able to build.
Depending on how quickly the market grows for BE they perhaps could potentially look to expand electrolyte production and battery assembly in other key African markets. ESKOM and mini grids for the likes of miners could potentially take up all our ELondon production very quickly.
The battery investments VIPs are about bringing said battery offerings to Africa under the BE banner whilst getting first refusal on V content and leasing in these batteries overseas.
I have been wondering if there will be a Consortium investment in a solar panel mfr too but the more I think about it perhaps not as they can easily be sourced on a needs basis or through agency/distributor agreements.
V content is the key to the VIP investments for V sales and leasing.

With the help of the trade a pip over 24 just after opening, it put a long lower tail on today's candle which often signifies a move up...but it's anyones guess right now...