Member Info for Bella6532

YTSS... It might be Vaneck. 12 Dec they held 17004392 shares. Today the only report holding 16845701. That 1.5m could be them especially so late (US trades often late coming thru the system). We should know by tomorrow morning.

This time of year is renounced for quick buck making..they've gotta pay for all that ski wax and bubbles somehow!!

Well put BBN and a very Merry Christmas to you and you loved ones...

Asia Drug & Chemicals, Ltd. PART., is Thailand’s leading distributor of chemical products for pharmaceutical, supplements, personal care, and food applications with 50 years in operation.
http://www.asiadrug.co.th/

CB...no PXS RNS because they are a DSM Distributor and PXS does not report on DSM customers. Confidentiality remember!
Sphinx...check the PXS wording re the 90 companies...a large percentage of products launched have fallen by the wayside I'm afraid...but this is normal for lots of little guys to launch first and establish a marketplace, which then gives the bigger guys confidence to jump in.

I hope the current rise is sustainable and not the ii's making a fast buck on the back of the fundraiser. Buy low/sell high tactics.

I wonder if PXS Interims will be issued on 30th or 31st (market open in the morning only)

Update PXS FF+O (m personal estimates only)
2019
Oct 4767 £14,802
Nov 5136 £15,947
Dec 5781 £17,950

SUMMARY
Jul 16 - Sep 16 £7,000 Actual
Oct 16 - Mar 17 £22,000 Actual
Apr 17 - Sep 17 £34,000 Actual
Oct 17 - Mar 18 £39,000 Actual
Apr 18 - Sep 18 £47,000 Actual (Sept included H&B)
Oct 18 - Mar 19 £51,000 Actual
Apr 19 - Sep 19 £91,219 Estimated
Total £291,219 (since launch)

HaleSpur...'...SA miners losing electricity supply no doubt. Thankfully in the short to medium term we can get 80% of the supply through the mini-grid we are developing if we get maximum 10MWh signed off.'

Agree and how many of those miners are now looking to installing similar units...actually, identical units purchased through BE...in such a package you would get:
Vanadium Battery Storage (BMN Vanadium in BE Electrolyte in BMN owned Enerox battery with BMN Lease Option available) plus Solar Array (through BMN Distributorship perhaps) and all Project Managed by BMN/BE.
mmm! am I dreaming or could this all be an upcoming reality???...

Sanchez...Sojitz, Mokopane, Vanchem, Enerox, Avalon...yes all 'huge' news events...BUT!!! we are still waiting for final confirmation on the following events/deals being fully approved/completed:
Mokopane, Enerox, Avalon/RedT

and I suspect our SP trading pattern reflects this too...

HaleSpur...i think the clue might be in what solar panels BMN will be using for their own array.
These perhaps:
https://www.sens-energy.com/en/portfolio/krugersdorp-suedafrika/

Solar plus V batteries being installed at BMN facility... Surely they will use this as a must have to target other mining companies... Didn't they say this in the last interview?

Kievsky..no, I didn't go.

and here's a $6m contract signed in June for supply over 24 months...
https://www.cellcubeenergystorage.com/cube-press-release-6132019

and this is a reminder of what Cellcube said back on 22 October...
'Enerox is the developer and manufacturer of Cellcube energy storage systems based on its proprietary vanadium redox technology that has close to 140 project installations and a 12 -year operational track record. Over the past year Enerox launched the Generation 4 product series, the most advanced (“VRFB”) on the market today as stated by independent industry experts. Product interest for its newest generation remains to be very strong. The company is nearing several large-scale contracts which will be executed once production capacity can be planned to adequate levels. The company has continuously being executing deliveries of its last year sales over the summer and is now engaging to finalize its first major sales, based on its strategy change last year. Albeit a slower than expected deal flow in the summer, the company experiences an unbroken stream of product interest in the grid scale energy storage markets globally with US, EMEA, and APAC regions leading the desired deployment hot spots. To assist in the sale of the Generation 4 product series, Enerox has a large re-insurer, Munich Re, to backstop the performance of the systems for projects during its long system life and is hence able to de-risk the technology in major projects. This adds another bankability qualification to CellCube’s viability for energy storage commercial deployment readiness. The market for large scale, long duration energy storage is finally here and Enerox believes it has the right product line-up to capitalize on the coming e ergy storage revolution. It has taken a lot of time and capital to get to a position that Enerox is at today, but until the company can produce and execute projects with a consistent number of units, the company will continue to be in a monthly working capital deficit position.'

'and believe the Bushveld Consortium will see Enerox through to its full potential.”'
Says it all... And with orders already in the pipeline and ready to go but held up due to lack of working capital, these could be jump started and pushed through before the final payment is made... A cracking deal.

https://www.miningreview.com/energy/shining-a-light-on-vrfb-for-energy-storage-applications/

Nazir... It all depends how much market news coverage it gets and how many holders/new investors pile in with lots of buys. The MMs could easily push the price up to generate a buying frenzy. The last big spike a few years ago IMO was odd based on the news out at the time and became sef perpetuating based on a buying frenzy it generated.
Who knows what will happen this time around but PXS needs to raise funds first to remain a going concern.

BB...,I thought the general consensus was that FF+ was a generic kind of product which we'd piggy backed onto and branded under own name ?' Correct.
'If that's the case then I don't think we need to be concerned about "minimum orders" of Fruitflow from DSM ?' No, not exactly. The batch is based on all costs - production, packaging, shipping etc - so to get the best price, PXS has to turn in a minimum order of around £41K wholesale which has a PXS sales value of around £135K.
First Order arrived in June 2016 for Initial Stock .
Second Order order arrived Aug/Sept 2018 to cover PXS and H&B Sales.
Third Order if they again ordered the minimum of around £41K should have been received around Aug 2019.
If this is the case, then it's a pretty poor stock turn considering they have has H&B on board since Sept 2018.

As said before, this is my own assessment of the situation and the next set of numbers should clarify the situation further.

Morning Chaps...re V prices etc...as we all know, there's an awful lot going on in the World right now and we should not underestimate the effect 'B' is having on general business sentiment. Couple that with the fact the Northern hemisphere is now in Winter mode (construction slow down), US Trade issues with China and the EU, Election campaigning, etc etc I personally think BMN is holding up very well. I've never been a fan of Globalisation, but it is what it is right now, and when one market sneezes others often sneeze too at best or at worst catch a cold. We are living though a time of DISRUPTERS too, from Presidents, Sustainable Energy, online consumerism, gig economies etc etc...again the likes of BMN has adapted well and has/is positioning itself to meet the new disruptive challenges we will all have to face up to as countries introduce more sustainable energy production/storage and EVs etc. BMN is a small company with big ambitions and I for one like what they've done over the past couple of years and as long as they continue to thrive and bring home the bacon, then my investment with them will remain firmly in place. Unfortunately, it's going to be a bit like waiting for a kettle to boil for the next few months, until we get the Eskom tender through and anything in the meantime relating to new BE orders will be a big bonus....

Sphinx... PXS also gets AA income from the fruitflow raw material element in FF+ too but that will be paid with the AA qtrly payments from DSM to PXS. There is also a gain or loss on the AA income too depending on exchange rate as PXS is paid in Euros.

My concern is, PXS is paying out monthly shipping and storage charges and they are not turning the stock quickly enough. What happened to the next FF+NO product? DSM has a minimum order policy and I'm not sure if PXS can combine products to meet a minimum.

Alfacomp...top of the class...

Any ideas on how much just the Enerox acquisition will add to the
a) Valuation of BMN/BE
b) Income Flow to BMN/BE

Tricky one isn't it ????

3 OF 3
Conclusion: The acquisition should help Enerox maintain it’s competitive advantage and leadership in the VRFB space through the deployment of it’s 4th generation VRFB project.

This, in turn, should support growth in Bushveld Energy in both electrolyte sales and VRFB deployment. We see Bushveld Energy as a key driver for Bushveld Minerals going forward helping the company to expand into VRFB battery deployment and related vanadium sales.

2 OF 3
withdraws from the transaction, it would continue to provide the working capital payments to Enerox.”
The acquisition should give Bushveld Energy access to Enerox’s pipeline of deals along with technology and patients in electrolyte, stack design, stack electrodes, system layout, system operation and power electronics.
Pipeline: Enerox were the pioneers of containerised VRFB systems with a three-year projection for a $300m energy storage business and a 12-month sales pipeline of >$100m.
Production facilities: in Austria for the construction of containerised battery systems and is rolling out a new 4th Generation VRFB system
System cost improvement: Enerox state that today Flow batteries are on a par with Lithium while offering longer duration and lesser cost in the medium to longer term.
Lower VRFB costs: Enerox were quoting vastly improved system costs in March of US$220-295/kWh for a 4 hour solution to give
Range: Management see VRFB batteries as most effective in the 1MW to 100MW range taking over from Li-ion batteries which are good at rapid and efficient discharge in the <10kw-10mw range="" li="">
Longevity: Management claim Its highly integrated energy storage Systems feature 99% residual energy capacity after 11,000 cycles (cycling daily for 28 years) and larger scale containerized modules.
Enerox (Austria) has installed VRFBs at over 130 sites and is one of the world's largest researchers, developers, manufacturers and distributors of VRFB ‘vanadium redox flow batteries’.
The new consortia should help mobilise additional capital from third party funders to establish an investment capital pool to support VRFB original equipment manufacturing growth. This should support new demand for vanadium electrolyte and for services managing the construction and commissioning of VRFB instillations.
VRFB configurations offered by Enerox:FB 250 at 250kW for useable energy capacity of:
1,000kWh (4 hours)
1,500kWh (6 hours)
2,000kWh (8 hours)
The grids are scaleable to:
1MW – 4 MWh
2MW – 8MWh
10MW-40MWh
System life is estimated at 25-30 years albeit with a bit of maintenance along the way. The key is that the system is non-degradable and has indefinite deep discharge cycles
Cellcube estimate a C$130bn market for energy storage systems by 2030 driven by decarbonisation and a need for greater energy efficiency.
Cellcube target applications and pipeline:
Large renewables: 16x for 2,997MWh
Capacity & reserves: 22x for 1,850MWh
Distributed energy resources & microgrid: 22x for 1,160MWh
Bushveld Valuation: we maintain our 82p/s value according to the assumptions in the table below.