Member Info for faramog

well .. to buy there must be a seller .... so homework or not, where did they get them from ?

25-30% of the £3M placing ?

Sanchez ... I am confused as I just don't get your point.

My point is that BE has been about making Electrolyte and bringing parties together (albeit informally).... it makes nothing else and so what else is 'the half told' picture

Personally, I think the 'not half told' has rather more to do with Vertical Integration and the different revenue streams that will be generated ... now that really is not understood or priced in

If you have been following REt (who folded a year ago) and Invinity for some time, then surely you have looked at and researched even to a basic level what VFRB is, its advantages, disadvantages etc.....

Personally, I could not care less about Zinc batteries... I am already backing the winner

That is exactly what BE is ....

It will take Vanadium from Bushveld Minerals and turn it into Electrolyte to be sold direct or sold into Leasing. BE does not make anything else and the function (as rather adeptly identified at last years IFRB) was rather more about bringing and gluing the elements together

Bushveld Minerals sell Vanadium at Cost + [profit
Bushveld Energy add value up the chain

They do not make boxes, stacks or systems

well down almost 25% in less than 2 weeks is certainly shaking the tree.

Still, my target by June was 90 and I still see no reason to believe that is either unrealistic or may well not be surpassed

Some interesting podcasts @TanzanianD

About time you did one on Flow Batteries don't you think !

Alfo .. I am no Rockford ..... the 'faramog files' .... he he

I don't care about the 'pen' .. just adding to Lionels very useful beginners guide. I am sure any mods made will be useful .. just crack on

Finally had a chance to have a good read on TBP .. very good .... a terrific place for newbies to start. Q23 .. could add:

Q23: BMN is a very well-run company, with impressive assets, and very exciting prospects.

Two of the 4 primary Vanadium producing Plants are in South Africa and owned by Bushveld Minerals. All serious industry commentary points to a Vanadium deficit with inventories run low. With the world embarking on an infrastructure spending spree post Covid large amounts of re-enforced steel is required. This coincides with the long awaited development and commissioning of large scale VFRB facilities.

One of the great hindrances to VFRB has been the high price volatility of vanadium meaning the electrolyte costs (around 30-40% of the whole system) could not be capitalised easily. Now there is Leasing where the capital cost is transferred to Opex of 3, 5 or more years. VFRB plants can now be fully capitalised in a normal way as a physical build, structure and asset value.

Vertical integration, simply put really means the following:

- Ore for processing - Bushveld has vast reserves and the new mining rights at Mokopane
- Vanadium for steel - Bushveld Minerals
- Electrolyte - Bushveld Energy
- Leased electrolyte - VERL (the new rental consortium with Bushveld at the core)
- VFRB systems - Invinity & Enerox - Bushveld has a stake and first rights to supply vanadium/electrolyte

At every stage of the value chain from ore to VFRB system, Bushveld has a big chunk of the action. Vertical Integration is having fingers in all the pies so no matter where you turn, it gets a slice.

As the commodity and cycle turns upwards and infrastructure building accelerates, Bushveld gains. The Orion funding arrangement takes production to at least 150% of current levels over the next 2-3 years with no debt as Vanadium pricing and usage accelerate worldwide.

A company with little debt, huge reserves, solid and growing free cash flow, visionary leadership and a very dedicated and growing workforce.

All businesses carry some level of risk, but unless the world dives into depression and stops building, there are few companies anyone could invest in with little or no downside, greater investment upside, and future high and sustained dividend potential.

nice one Alfa

Just a thought - is Mogways summary of large VFRB plans on TBP (although keeping up to date may be an issue)

only Steers 'n Queers ... and I don't see no horns !

ha ha

You started it Mogwhy ..... and continue .... "If they do, they have not been asking the right questions."

As if you are the fountain of all useful knowledge

don't hold your breath for that .... with a heavy warrant issue to be had the financial markets have a habit of extracting as many as possible

Large overhangs act as huge SP drags. But in this case, it is the Oil industry and if confirmed that monumental profits and free cash flow are to arrive very quickly, then a large block of Energy traders will snap them up faster than Red Adair putting a well-fire out.

Even with very heavy dilution, the SP looks good for at least 1.0-1.5p over the next year (if all the plan pan out)

no Sanchez ... we are just ignorant .. remember

Defense eh... Were you Gavin's former tea-boy

Class Gambit.... Brilliant.

2nd that numpy... a most enjoyable lunch with wessy as I recall Alfa

People actually believe SWS ?

Jeez... Not created garbage

I would hazard a guess that Alfa, Gambit and a few others who have been attending the Vanitec VFRB forums, had site visit to the mine and processessing plants and met the Bushy board members several times are rather more 'expert' than many so called professional investors.

I on the other had am a mere apprentice with probably better knowledge that many in the investing world.

You speak for yourself MulletMan