Not in BBN's eyes anyway, he's just announced he has increased his holding by 25 % now !!!
great research notes over the last few days he has compiled, I am not in the least surprised he has- its so obvious how the Bushveld story is now unfolding :-) enjoy the weekend guys
Ferro Vanadium 80% Price USD / kgChina : US$35.20/kg ?(+0.57%)Apr 1, 2021Last time vanadium was this price was Oct 25th 2019 when our sp was 27.25p - since then we have grown ballistic , AB broker rating now is 79p!!!
4/
All of which has the ability to be fed by a c. 200MWh local electrolyte facility, which should also be coming on line in 2022.
Thus giving BMN 25% of the batteries, 55% of the electrolyte, up to 100% of the vanadium sales, with possible project developer income also.
If this isn’t a demonstration of unlocking multiple income streams then I don’t know what is, well done team Bushveld!!!
https://twitter.com/bigbitenow/status/1377512714252251138?s=21
I hope bbn doesn’t mind I borrowed this line of his last tweet but it completely shows what a stellar company Bushveld truely is!!! Once again #BMN management is demonstrating their ability to get great deals done.25% of Enerox, has effectively been delivered for nothing because its being paid for with the profits from their Invinity investment.That's great work.
It honestly now like we’ve been in a one horse race at The grand national that we have won , crossed the line and the twats are refusing to give us the prize money - meanwhile at the local donkey derby there being rewarded handsomely as lester piggot was seen there having his photo taken.. :-)
Nice to see BBN has just increased his holding today by 15% https://twitter.com/bigbitenow/status/1376915620353163270?s=21
Manufacturers offer up as there is positive bullish in vanadium market
Today, a large vanadium factory in April make a price of V O flakeat , CNY/Tonin acceptancewith tax, and the atmosphere in the vanadium market is positive and bullish,...
www.ferroalloynet.com:Today, a large vanadium factory in April make a price of V2O5 flake at 112,000 CNY/Ton in acceptance with tax, and the atmosphere in the vanadium market is positive and bullish, so most alloy factories temporarily do not quote. Some VN alloy manufacturers quoted at 168,000 to 170,000 CNY/Ton in cash, 4,000-5,000 CNY/Ton higher than yesterday. Ferrovanadium manufacturers do not quote, some traders quote at 116,000-118,000 CNY/Ton in cash. Retail investor of V2O5 flake is reluctant to sell and wait for rise, so there is rare offer, and market information is relatively chaotic; the actual transaction is very few. In this atmosphere, the upstream and downstream wait and see steel bidding prices and the signing of orders by a big factory, so they are relatively cautious transactions.
Today, Pangang took the lead in raising the weekly guidance price of vanadium alloy; the price of VN alloy rose by 3000 yuan to acceptance tax of 173,000 CNY/Ton, and the price of ferrovanadium50 rose by 2000 yuan to acceptance tax of 118,000 CNY/Ton, which boosts the vanadium market. Some manufacturers increase the offer or temporarily do not offer, so it is difficult to inquire at low price resources .
The offer of retail V2O5 flake is less. The part of the alloy factory intends to purchase V2O5 flake at 106,000 CNY/Ton in cash , which is obviously not easy to buy, the seller and seller are in a wait-and-see. Ammonium metavanadate inquiry increased, and low quotation reduced, but there is wait-and-see attitude of transaction. Most VN alloy manufacturers temporarily do not offer, and low price resources reduce, so traders offer up 62,000 to 165,000 CNY/Ton in cash, waiting for a deal. The price of ferrovanadium goes up, and the manufacturer said that the loss is serious, so they temporarily do not offer; Some traders’ quotation has rose by4000 CNY/Ton to 115,000 CNY/Ton in cash, waiting and seeing the market transaction situation.
According to the incomplete statistics of 35 ferrovanadium production enterprises, the inventory of ferrovanadium enterprises at the end of March is about 130 tons, 55 tons less than last month.
Product Number of Enterprises Stock (ton) Change MoM(Ton)
FeV 35 130 ?55
According to the incomplete statistics of 29 V2O5 powder production enterprises, inventory of V2O5 powder at the end of March about 240 tons, 140 tons less than last month.
Product Spec. Stock (Ton) Change MoM(Ton)
V2O5 Powder 240 ?140
Today, Pangang took the lead in raising the weekly guidance price of vanadium alloy; the price of VN alloy rose by 3000 yuan to acceptance tax of 173,000 CNY/Ton, and the price of ferrovanadium50 rose by 2000 yuan to acceptance tax of 118,000 CNY/Ton, which boosts the vanadium market. Some manufacturers increase the offer or temporarily do not offer, so it is difficult to inquire at low price resources .
The offer of retail V2O5 flake is less. The part of the alloy factory intends to purchase V2O5 flake at 106,000 CNY/Ton in cash , which is obviously not easy to buy, the seller and seller are in a wait-and-see. Ammonium metavanadate inquiry increased, and low quotation reduced, but there is wait-and-see attitude of transaction. Most VN alloy manufacturers temporarily do not offer, and low price resources reduce, so traders offer up 62,000 to 165,000 CNY/Ton in cash, waiting for a deal. The price of ferrovanadium goes up, and the manufacturer said that the loss is serious, so they temporarily do not offer; Some traders’ quotation has rose by4000 CNY/Ton to 115,000 CNY/Ton in cash, waiting and seeing the market transaction situation.
According to the incomplete statistics of 29 V2O5 powder production enterprises, inventory of V2O5 powder at the end of March about 240 tons, 140 tons less than last month.
Product Spec. Stock (Ton) Change MoM(Ton)
V2O5 Powder 240 ?140
According to the incomplete statistics of 35 ferrovanadium production enterprises, the inventory of ferrovanadium enterprises at the end of March is about 130 tons, 55 tons less than last month.
Product Number of Enterprises Stock (ton) Change MoM(Ton)
FeV 35 130 ?55