Member Info for faramog

perhaps someone at the AGM can ask about the supply of electrolyte ... Vanadium pricing has been on an upward curve all year and with the deficit of supply particularly driven by China rebar regs will get worse .. so the cost of the electrolyte will go up ... no one will forward sell 2-3 years ahead at a fixed price today .. that is just nuts.

Doyzee..its not an order !!!.... its a statenent if preference ir sole supplier..... I am not being negative but just pointing out the obvious.... its positive... but not an order

just confrmed sanchez ?

well maybe you should read it again .. it is not an order ... but a statement of supplier preference ... the desire is an 800MW system but the finance is not in place

oh the irony Alfa

.. I guess we get them tomorrow then ...

@kevkan - any posters dissenting from the 'ra-ra this is the greatest stock on aim' mantra were shoo-ed away by Bolgas and others .. Questioning in any way was not tolerated ... hence, I think the smarter ones are now invested in Bushveld.... I was originally invested in Red, then transferred here when I realised Red owns little of real value and cannot control its cost base as it has no demonstrable electrolyte source and pricing.

The RNS today is positive but it is not an order, just a statement of preferential supplier if/when they get their financing sorted... but it is a UK company so we really do want it to succeed !

it has been commissioned and is being used ... I thought the recent video-blogs said that

PE is not 'applied' but a value created by the ratio of the share price in the current market and the earnings reported .... on FTSE they do often give an expected next years PE to help visualise potential growth

The question is really what price the market attributes and then with the reported earnings we can calculate a PE

no Headancer .... is a selection as a supplier of choice, but the funding for the rollout is not agreed yet .... so in one respect its a sale subject to ...

Still good news for Red but if it happens revenue is over 2019-220.... worth remembering they have a target price of 22p .. 3 p short of Bushveld ... who (unlike Red) make a substantial profit that is all but guaranteed to grow ... go figure

good news for redt and hopefully vfrb in general ... not sure what 'ship subject to financial close' means https://m.londonstockexchange.com/exchange/mobile/news/detail/.html

good news ... not sure what 'ship subject to financial close' means https://m.londonstockexchange.com/exchange/mobile/news/detail/.html

@mikeetg - FM has a history of getting the deall all agreed and then excecuting ... frustrated I am, but I suspect the Solitz buy out has more to do with the charter and BEE requirements (may be wrong) but the deal is substantively done and as others pint to I doubt a plain buy ot of all/some is the deal, but a buy/swap/promise of some profit share.

Above all, FM has struck me as not just shrewd and strategic, but having a high moral purpose and see fairness as a key personal morality - good business does not mean you have to sc**w over people.

I see ownership going to 70% with the remainder sold off or in some other way transferred so Bushveld Minerals gets direct cash flow access and control... nothing else makes any great sense

exactly Daisan .....

look at chona's record on the continent .... Ramaphosa swimming with sharks

loan ??? china buys .. does not loan (or am.I being a bit cynical)

54625 at the price quoted is pretty close to 125 grand ... round number maybe

the argument is that if the OEM fails then the impact on the supply chain will be severe ... so its in everyone’s interests to share the pain .... problem I see is that Tesla wants cash returned so it can post a profit and look like its successful ...

so a 3rd fund raise to support Gen 3 .. great pension planning there scott

to pass the time .. couple of interesting snippets ..

involving energy storage

https://www.current-news.co.uk/news/moixa-begins-battery-roll-out-on-isles-of-scilly-project
https://www.current-news.co.uk/news/national-grid-utilises-new-platform-to-dispatch-ancillary-services-with-battery-storage

UK grid shakeup (affecting renewable connection)
https://www.current-news.co.uk/news/ofgem-unveils-raft-of-sweeping-reforms-to-distribution-network-charging-regime