Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Surely that's when Mokopane comes into play?
If VRFBs do become the prime energy stationary storage solution, the addition of Mokopane output will allow us to fulfill existing steel related customers as well as V for electrolyte.
Article on CNBC about India and renewables and it does mention storage, nothing specific but that is one hell of a market size if VRFB takes hold there.
https://www.cnbc.com/2020/03/03/india-has-some-huge-renewable-energy-goals-but-can-they-be-achieved.html
@ coffeecups, as faramog has pointed out, BMN operate open cast mining not underground tunnelling, a fact that you as a previous holder of BMN should know. As of time of writing the Republic of South Africa has no reported CV cases. The UK has 23, Europe has hundreds.
I assume you are UK/Europe based? So statistically you are much more likely at the moment to contract CV than workers in the relative back of beyond of rural South Africa.
I assume you are taking the same stringent precautions in your personal/workplace environment that you suggest BMN employ?
Thanks Floyd, BE becoming very tangible now! Applications to be in towards the end of March so one assumes details of leasing agreements etc fairly soon thereafter.
Basil Bush although I am not in your situation like you virtually everything I have is invested in BMN. Like you sometimes I have to sell my precious BMN shares to pay bills (unable at the moment but that's another story). I found Pdub's castigation of you selling because you had to as offensive as I did. Maybe those who criticise should walk in others shoes before pontificating.
Rich Ken thanks for the reply. I wrote to BE prior to us having any potential tie up with REDT so did not consider them as a contact point, in fact at that point I thought that they had gone bust.
Also I confess I don't know a great deal about RED,'s product, however I believe it is suitable in scale for household purposes? This would be too small a unit for airfield UPS systems connected to safety systems, I would guess (lighting, ground based navigation systems, communication etc).
My letter to BE was aimed at providing a VRFB solution to power a whole airport, not just back up UPS, this, in some cases, is the power consumption of a town. I believe the market potential for VRFB from airports is huge.
I will contact RED next month and suggest they contact the ministers responsible for energy and transport in the Scottish government regarding the above.
Airports are also heavily reliant on UPS for safety systems. Mostly diesel generators in my experience. The Scottish government have recently declared a policy of aviation in the Highlands to be carbon neutral in the future . I emailed BE suggesting contacting Highlands and Islands Airports Group to potentially tie up with the Scottish government to supply VRFB, as a showcase, for a ground based carbon neutral aviation. As yet I am waiting for a reply from BE.
I've said it before. Cover the site with PV backed up with BE VRFB. Give it to the Madagascans for a nominal amount and showcase the result to the world what BMN/BE can do for green energy. The wake up call and subsequent PR to the world will be much more beneficial to the company in the long term than a few quid in the back pocket for the sale of a coal mine in my opinion.
Yes it has been argued 'what about our partnership with Sinohydro'. Well f**k them.
Why should a poor country always have to have the ****tty end of the stick? Why can't Madagascar be the front end of the energy revolution? Empowered by Bushveld Energy showcasing what we can do!
What really annoys me about this alwaysone idiot is comments like "it's alright for those who bought in at (low single figures) but are all right now sentiment. Many of the LTH here including me, bought at 4,5,6,7p circa 2013 to 2016 and endured for YEARS a slow decline to circa 1.7p. This twit has been here for a few months, and has endured nothing in terms of paper loss and the length of time being significantly under water than the likes of my investment at that time. Alwaysone, in my opinion you do not have either the patience or the temperament for this type of investment.
Late in 2016 I took out a bank loan (well 2 actually) and sunk it all into bmn shares. Do I regret it? Duh! I was convinced I was onto a winner. That said, if things did go belly up I knew I could afford the loan repayments. Would I do it again now? Well my answer is yes. This is not financial advice, that path was one I knew was correct for me in my circumstances at that time.
I need roughly 60p per share to take a comfortable early retirement. I expect to be retired this time next year.
Happy New Year to all LTH!
I've been here since the days of Robajob's powder fuelled raving. First purchase was in 2013 and added as much as I could every month. I then got a bank loan for *ahem* a car and put it all into bmn. I was so convinced then that this was a winner. Absolutely everything financially I have is in this company. At one point I had 1.5 million shares, I've had to reduce this to 1.2m to pay bills. This amount I shall keep until I take early retirement which I am confident will be next year.
I can only add my thanks to the many wonderful posters over the years who have shared their expertise with us.