Member Info for faramog

A new plant is gonna have to be a lot bigger than 8400mtv to meet the cumulative world demand !

nope .. not website icon on my laptop either .. even logged into my DB account ... ahh well

Will try on my laptop later.. defo.not visible on my Linus main system

well .. none visible and moved the mouse everywhere on the DB page .. just no download option .. oh well

download is disabled ?

No posting yesterday... a slight hint of blue so I think the juju did not work. Anyway, great to see the posts on the Nedbank webenair about smirking and big hints, but take a look at the scale ....

Clive Mallison - slide 30
https://www.ee.co.za/wp-content/uploads/2018/06/4th-Nedbank-EEBI-JCSE-webinar-full-slide-deck.pdf
https://www.youtube.com/watch?v=_MEWJjDSZ9A&feature=youtu.be

Cumulative storage in SA estimated over 20 years to be 240GWh.

If I remember rightly, it takes around 4.5 tonnes of Vanadium per 1MWh

- just for context, if that was all VFRB that is over 1 Million Tonnes !!!!! .. over 20 year ... just for SA

In the next 5 years, the estimate growing from 4GWh to 5.9GWh required each year would total 110,000 tonnes of Vanadium

Not all will be VFRB and indeed slide 20 shows SA and California have very similar requirements ... so does California need 1MM+ tonnes over 20 years... and where else in the world

The only way long term anything like these numbers can be met is to grow capacity at primary producers. For us, that must mean at least one complete new mine and refining plant of much larger scale. We have Mokopane and Brits and millions of tonnes of vanadium. No need for it to cost us anything - let the requiring countries put up the money and get it paid back with a reduced cost supply

These presentations and the webenair just demonstrate how big the pot of honey is. We just have to ask how big our spoon is and my guess is very very large - there are no real alternates to this level of storage around now. It wont be Lithium Ion for 2 reasons. First the vast fire risk and 2nd there would be little capacity for EV electrification. At present the majority future demand can practically only be VFRB

MM games are nothing new, but on main board a lot harder than on AIM ... what has the Investec hedge fund order book to do with it >

Interesting observations and looking both at the charts and scrip-dividend alternative, there seems a decent probability the SP will rise to circa 132-136 range by the end of the year. Looks like about half of the dilution is already priced into the SP, and that may be about it short term. The acquisition will increase Net Assets and the much bigger credit facility will reduce future market noise and allow faster flexibility. The last truly substantial rise was from Jan 19 as some large acquisitions were made. With the credit line and possible business distresses that will occur I wonder if some bargains are being eyed up ?

Just a point to buy in and how close to 125 or lower can I get ... mmmmh

your on Alfa ...

really .. that is a strategy ... its like the Italian Job ... guys guys ... I've got an idea !

No one post tomorrow .. lets see

yes .. Ryan got far too much camera time :-)

yes .. was just about to say that !

no ... I bet AV will not be in a hurry to talk ATM with him again after last years car crash

So right at the top I missed the sentence .... less haste perhaps !.

All news anyway .. thanks Nick26 & Knuttie

yes but why ?

We get perhaps $1m in cash and $1m in Vox shares to pay 1.79% of revenue ... I do not get why this is a good deal for Bushveld (unless the expectation of the Vox share value being a lot higher is assumed (and most of their investments are in exploration and just getting going)

Nicked off twatter and posted by Sanchez .. very interesting:

https://twitter.com/Sanch3z599/status/1331609607442141190

https://www.voxroyalty.com/_resources/factsheets/Vox-Royalty-Factsheet.pdf
https://www.voxroyalty.com/_resources/presentations/corporate-presentation.pdf

plans for a production ramp-up to 4,200 mtV per annum, subject to a definitive feasibility study; and 2020 guidance for Vanchem of 960 mtV – 1,100 mtV (currently being ramped-up via a 3-phase programme to >4,200 mtV per annum) - this data is from the 30th June Interims and 30th Sept Interims .. so clearly misses the Orion funding and much larger phased refurb

The royalty is a 1.75% gross sales royalty in respect of all products mined from Brits

Not sure I get why - its $0.5M cash and $0.25m shares followed by $1.25M later on milestones

Lb to Kg is 2.2x .. so still over +100% on the day ... got to be a typo surely !

Big chunk investors are always offered at a discount - it is a lot cheaper usually than running a general share issue and a lot less hassle. Just the way big fund investment works. Loved companies are ones who regularly do this and has naff all to do with the deep financials of any business - it is about fat fees !

Don't agree Libero.

Whether a handful of II's invest as opposed to the general masses is not all that significant. They are not going to invest largely whilst on AIM and whilst the full vertical integration story is not 'in their faces'.

And speaking as a LTH who feels a tad shafted over Afritin, I want a return on the investment made

Lemur will only be an issue when moving to main board for some types of funds - the story is pretty clear that FM wants it to be in a place to get a return for shareholders and not just give it away.

Now depending on when that is, the cash and investment position, I might not bet a good deal of the proceeds may come back to us as a special divi .. what better way to wake up the lazy market and emphasise we no longer have any horrid coal assets