Member Info for Bella6532

Vanchem completion may have something to do with it...plus Mokopane perhaps...
A couple of battery MOUs/orders wouldn't go amiss either...
The longer they leave it the closer it comes to rather a lot of upcoming good news.
Timing, timing, timing

Further reminder :
https://www.esi-africa.com/industry-sectors/renewable-energy/bushveld-minerals-a-large-scale-battery-storage-contender/

https://www.businesslive.co.za/bd/opinion/2019-03-21-vanadium-powered-batteries-waiting-to-rescue-eskom/

I wonder how much data sharing goes on between UET projects...there must be a huge amount coming out of their huge Chinese project.

I wonder if a lease deal will be offered to ESKOM? If so, and if its rolled into an Investable Fund then wouldn't that be interesting...

V + E + B + PV + F
certainly makes for a fully virtually integrated company to me...

Alfacomp.. Can I assume you've met him? Sounds like a great addition to the team since end 2018. Maybe he could throw some light on our hedgers.. ??
Investable Electrolyte Fund interests me too...alongside JSE Listing perhaps...

Speaking of Guernsey...we got some nice coverage earlier in the year from our lawyers in Guernsey.
https://www.careyolsen.com/news-and-deals/aim-listed-bushveld-undertakes-two-significant-transactions-assistance-carey-olsen

https://za.linkedin.com/in/peteroldacre

https://issuu.com/cmbmultimedia/docs/graysmaker_minimag

After reading the link content... Anyone thinking what I'm thinking...
Land leasing fund... Electrolyte leasing fund...!!??

Pickle.. Better safe than sorry eh..

https://www-bloomberg-com.cdn.ampproject.org/v/s/www.bloomberg.com/amp/news/articles/2019-04-23/explosions-are-threatening-lithium-ion-s-edge-in-a-battery-race?amp_js_v=a2&_gsa=1&usqp=mq331AQA#aoh=15633461609192&csi=1&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2019-04-23%2Fexplosions-are-threatening-lithium-ion-s-edge-in-a-battery-race

Our neighbour threw an old 'blown' battery into a box in his storage room in his barn adjoining his house during a tidy up. That night the who place was alight and he nearly lost not just the barn but his whole house too. Having spoken to a friendly fireman since he said people don't realise how dangerous new, old and damaged batteries are and houses are full of them.

Alfacomp.. Many thks for your reply and for sharing your private correspondence.

Thanks Alfacomp...agree they have used the plural when talking about working with battery producers and it does sound like they were approached by Avalon to get the Leasing Agreement thrashed out so Avalon have it to take to their customers as an option.
'
“We are pleased to partner with Avalon Battery for commercial deployment of a concept that has been in development for a while, but not successfully implemented.
“Now vanadium takes its place alongside gold, silver, and platinum, as a metal that can be leased, opening up immense future opportunities for this model."
Avalon Battery chief product officer, Matt Harper said: "Avalon is thrilled to have partnered with Bushveld Energy for a project that both benefits our customers and highlights Bushveld Energy's spirit of innovation.
“Avalon's mission is to deliver battery solutions that are dependable, safe and economical, each a critical attribute for energy storage that will drive our electrical future. Renting electrolyte is a massive leap forward."
https://www.proactiveinvestors.co.uk/companies/news/221779/bushveld-minerals-unveils-innovative-vanadium-electrolyte-rental-venture-221779.html

One other question Alfacomp...after your French trip,do you feel even more enthusiastic about BMN's prospects, about the same or slightly less enthusiastic? ...insert a cheeky little smile...

Unienergy UET partnered with Rongke on this back in May 2016 and as you know UET are partnered with BMN on the ESKOM project. All good big stuff eh!
http://www.uetechnologies.com/news/72-unienergy-technologies-strategic-partner-to-deliver-world-s-largest-battery

Still not sure why we didn't work up the lease agreement with UET though.

Poochu.. No idea.. Only those interested in making an offer would know when and for how much. I didn't say it would happen my comments were based on if. BH are doing the testing and they know their marketplace and if they felt owning the FF IP was a financial advantage and/or a means to another end they like any one would prefer best price possible and to avoid possible bidding war with others. Again Its not a foregone.
Market value is usually the starting point.

CB. IF kept banging on about PXS not having the resources for TV advertising etc.. I argued that they had managed to fundraise substantial amounts over the years and had that been done with a clear advertising strategy then perhaps they could have raised the necessary funds. Based on the above a gave him on several occasions a simple and clear strategy which was virtually cost free which (based on my own personal experiences elsewhere) would have resulted in not only a better informed and motivated customer sales force but also it could have been used as a means to talk directly to shareholders as they(again IMO) were their first tranch of customers buying the PXS FF+O. If always used the excuse 'DSM confidentiality' but again with a bit of savvy and clever marketing there was a simple way to get around some of this. All that said if there is a TO by the likes of By Health it will only be good for those who have bought in at these current lows unless it's something like a reverse TO and by some good chance PXS shareholders then become shareholders of the new BI Health company which maybe what Keivsky has been hinting at. Buck is now ex.. O'K is now a PXS Director and By Health already have the other key FF Aberdeen chappie back in their camp. IF is now main man on two fronts. DSM on the board still ("pulling the strings as always) and their shareholding was basically covered by their previous share sales so they're riding somewhat free. So you've got a UK listed company with multiple IP testings financed by By Health to get Chinese Health claim...etc etc... Chinese companies are always on the look out for overseas investments for obvious reasons and BI Health made to key acquisitions last year.
Caveat.. I can't say this will happen for sure but on the other hand one can't ignore the fact its a possible scenario. DSM would not object to such a TO if it meant they got huge FF sales out of it, no more profit share, customer protection in certain markets and their shareholding money back.

Thanks RichKen...and from the BE Q3
Post Q3 activities - overview of Bushveld Energy Business Plan
'2. Renting (or leasing) vanadium electrolyte, which is a new product under development. In the product, Bushveld Energy can retain ownership of electrolyte and rent it to the VRFB user. The product is unique to VRFB energy storage technology and essential not just to cover vanadium price peaks, but to also implement a long-term pricing strategy which reduces the upfront capital cost to make VRFB one of the most commercially competitive energy storage technologies in the market;

3. Assembly of VRFBs through an investment in the construction of an assembly plant for a VRFB product (that will be operated by another party). This activity could involve direct investment into a VRFB company or companies that would own the facility as well as the technology;'

Well No. 2 is battened down so who is going to invest in No. 3? UET, Avalon or both...?? It would make sense to get this battened down in an agreement soon too so it can be incorporated into the London build.....

Apologies if already posted:
https://www.energy-storage.news/blogs/magic-applications-and-commercial-realities-flow-battery-industry-meets-thi

Older news but worth a recap.
https://www.energy-storage.news/blogs/long-time-coming
https://www.energy-storage.news/blogs/long-time-coming-part-2

Alfacomp...Now this is what is confusing me a tad...you wouldn't Lease Vanadium going into rebars...so why is the guy who owns almost 45% of Largo talking about setting up an Electrolyte Leasing Fund??? The other thing I find a little strange is why did BMN work on the Leasing arrangement with Avalon Battery and not UET? Did you get a feeling from your conversation with Alberto or at his joint presentation with Avalon Battery that a) he may well be looking to collaborate in some way with BMN at some point and/or b) Largo could be looking to enter into the electrolyte production business at some point.

Bernie...I would never resort to calling you a miserable old BS...boring yes but not miserable...haha!
You are, of course, absolutely right the income from the AA does have to ultimately justify PXS's market cap. As I said, what and how DSM do it is up to them. PXS on the other hand have a great little set up and business model and have been strongly supported by DSM. IMO with a little more thought and planning, they could have directed a few quid and effort into working with and educating their customer base better and they might have been much further ahead with their sales and potentially in a position whereby FF+O virtually covered the majority of PXS costs. If nothing else it should have been their goal but it clearly wasn't. He couldn't see that in this day and age you don't have to spent the big bucks but you do have to show your face and engage with your customers which he won't do either!!!
in Jul-18 Month 25 they had around 2669 orders = £8,605 revenue
by Jan-19 Month 31 this had dropped to 2316 = £7,467
then in Feb-19 Month 32 3045 £9,817 the H&B effect started to kick in
and Mar-19 Month 33 4780 £15,411 again H&B
It also took roughly 27 months to turn the initial stock...!!!!

Alf ...PXS launched FF+O three years ago (June 2019 being month 36) - yes I did perhaps try to influence out of sheer frustration, but most of the time he ignored my input - except for James & James. FYI I've been helping a 26 year old family member for the last couple of years and he now has over 80,000 online followers, has just signed a mega deal, travels, speaks and hosts seminars all over the World, is a paid Forbes contributor, attends and presents at COPS, is regularly on TV, Radio and podcasts etc etc...advertising budget virtually zero!!!...

Yes.. Done correctly it would have the desired effect... The problem is most are either very wordy...or too sales orientated. It should be about sharing with your customer some interesting facts which they feel comfortable share with their friends and family. I suggested one of the stuffers could simply say...Hear What Dr. Hillary Says About FF+O' then his picture and then a link to the video. Another could be the DSM video photo and link. The PXS business model is simple and as the sales are on a repeat order basis the compounding effect is huge if you aim for each customer just bringing on board just one new customer. This is not a one off sales model yet PXS treat it as such. I had to cancel my sub for various health reasons and I never once received an email from PXS explaining they had received the cancellation and asking me why etc..I mentioned it to IF but as far as I know nothing further ever happened... Customer retention not on their radar either.
Alph anyone buying FF is doing so because they want to and believe in it and they are your best and most willing sales team and should be nurtured and supported. They will crow for you given the right tools so they can help their friends and family stay well informed and healthy too.
It's not about DSMs FF business model as that's completely different and falls under the A A. PXS have their own sales model and its independent from DSM and they even got marketing support for it too and what after all this time have they got to show for it... They spent too much time trying to copy The Ateronon guys and moaning about how much they spent on marketing rather than being far more savvy. Sigh...