Member Info for faramog

.... just to illustrate the point, ask yourself what BE will actually do.

1. Make Electrolyte - not complex or especially difficult - large factory space, load of vats and some control equipment
2. Provide a conduit to lease the elctrolyte

Where is the business risk ? It is only really that no one buys it. But we know that will not be the case as (for example), we have first right of refusal in supplying vanadium (/electrolyte inevitably) to all Invinity sales. This will not be a unique partnership.

Want Vanadium .. come to Bushveld
Want Electrolyte .. come to Bushveld Energy

We don't need to develop any real high tech. All we have to do is partner the winners, and given the larck of places they can go for primary supply, I say again ... where is the real business risk ?

Now contrast that by adding VFRB system manufacture and Solar Panels. All require large amounts of development capital and remain vulnerable to new entrants.

I am not sure some peoplke have quite got how masterful FM & MN has been in putting all this together: an exponentially growing business feeding products to an ever increasing set of worldwide customers who have very few real options to go elsewhere

Now if only the wider market got how de-risked this all is

No it is not nor ever will likely be.... That is what partnerships are for.

Buying high tech means you have to maintain and develop it and that takes a great deal of capital. Let someone else take that risk and just partner the winners

Every business acquired or controlled takes a great deal of effort to run, develop and be successful - there is only so much capacity and why take the risks

I was being polite @Knuttie .. but yes .... LOL

One of the reasons I would expect the vulture shorters to be watching for when the herd momentum fades

Plugasa.... do you think MN has been boing nothing ? BE don't make VFRB systems (a common fallacy). BE will supply Electrolyte, Leasing options and co-ordinate partnerships. There is a growing revenue stream from that (starting next year)

What else do you want ?

well.. each to their own Jimbo .... Point I make is that the price relative to earnings is currently negative and even in 2022 when first profit is predicted could well have a PE up near 100.

This is not to say it is not a good investment, but that would be because the herd are pushing uphill. The company has an great future, but is a long long way from returning serious coin

It is good, but still pumped up. Lets not forget that even if the revenue target is met next year, that revenue would only be 30% or so of the current Mcap and still a year from a profit.

A lot of potential for sure but until we get an idea of the gross margin and costs, we are not going to know a valuation other than momentum herd dynamics

Can Lemur and say we are 'working' on a solar project in Madagascar ... and this would be great PR etc etc

You do realise this is a business... and investors (not least us) have put capital in and look for a return. I have no issue with the ever growing Green Cycle, but just chucking assets away for a PR stunt which (given we are on AIM and in SA etc etc) will have little effect....

You want to go save whales and hug trees then fine ... but I invested in Bushveld for my financial future. Doing great for the planet is an added bonus

rubbish ... there are some II's for sure who are not able to invest because of the Lemur and their fund objectives, but the overwhelming cant/wont invest because of two things:

1. Being on AIM
2. Being in a Junk status country

As for dumping assets because they don't fit the green new world (like Lemur and Iron), I am not against this. But what I am against is just giving them away. As a long term investor, I want a return for my risked capital and if disposed of should be at a fair market price.

It is not as if we need the money with all the Orion funding in place. Now if tied to a move onto Main board, a re-brand or at least clearer Energy Story Focus and a special divi.. that would wake a few up !

I know how you feel Bassguy ... I made a quick 40% a week or so back, but IES is a long way from a profit (2022) and although very positive, does have more of a pumped up wiff.

I may well rue the day, but I would want the SP lower to buy back in - a bit more upside risk right now .... and like you ... already have a lot of Vanadium Exposure. (I sold out of RED and went Bushveld as I realised that ultimately the box-pushers have to rely on getting Vanadium .... he who controls supply and all that)

DL.. tiny volume ? Really

Daily volume often circa 5-6m shares which is 0.5%

The consistently highest traded stock on main board is Lloyds. Daily trades of 220m out of over 70B shares... 0.3%

The low volume argument is tosh

Been listening to some of the Solar & Storage Live presentations - most pretty dull really. One interesting on focusing on Flywheels. There was a link to a long article that has a bunch of wider held assumptions and LCOT cost data.

Not read it at all .. just might be interesting background for some.

Projecting the Future Levelized Cost of Electricity Storage Technologies
https://doi.org/10.1016/j.joule.2018.12.008

no ... you back from the Ben Adler Cycle Route then LOL

AH _10 - if you 'read regularly' you will know that popping on and first time asking 'what are peoples views on the SP' is likely to get a less than friendly response.

But then .. reading the BB regularly you will know that

New .. don't have a clue what most of it means ... but is 'surprised' at the low SP

Yeah right !

Great writeup @BigBiteNow
.... also has the added advantage of being 100% Bushveld revenue as opposed to 74% at Vametco ... development at Vanchem must have a higher overall value to the business as a result

Which year Bushy ?

Good job Lionel...

I’m sure you’ll say sell then don’t post

What are you on... Those beans have gone to your head.... Do you have any evidence I have ever played the pump & dump game ?...

No.......

I have just under 0.5m more shares than a year ago

"I might pop if I eat too many beans..." ... well .. certainly full of something Dabber