Member Info for Greybuzz

Hi, As with all elemental metals it is found naturally occurring within the earth, and is toxic in concentrations only when metabolised ( Ingested ) usually in water. A large number of people and animals already suffer from lead, benzine and other pollutants from industrial sources as these waste products are disposed of irrationally. Vanadium in a pure state and is a primary product now, so it is unlikely it will become a major cause of pollution as it difficult and expensive to obtain. Heavy metals can be recovered from water and soil with “plant fixing” recovery (you feed it to plants, they absorb it and you harvest the metal from the plants) and other methods. However I expect BMN to do its part in keeping their waste under control. And have good battery hygiene practices as the intention is to rent out every drop of the electrolyte. The risk profile is far far lower than zinc, lead, mercury or other nasties. But maybe there needs to be a vanadium spill protocol from BMN when things get going! GreyBuzz

Alpha, Your trading analysis and the presentation are regular reading in the household now :-) it provides an appreciation of the lengths that the Market Manipulators are going to to mess about with the SP of a company they don’t give a hoot about. Selling small numbers of shares, hidden sells, delayed trades etc should surely be illegal practice as they directly and adversely affect other investors and the health of the company. Thank you for showing these tricks for what they are and helping the small investors keep confidence with BMN. A company that could indeed positively affect quite a few things for the better. It’s not just about the money. Greybuzz

Hi, Good to see the MM’s are having a supply issue finally(?) Interesting article in mining.com, estimated consumption of Vanadium required is approx 10 tonnes per MWh. www.mining.com/vanadium-price-leaps-near-record-high/ So to put it in to perspective, as a rule of thumb, an intercity 125 train used to be about 2MW and running for an hour gives you about 2 Megawatt hours of energy. Most vanadium batteries would be required to provide time shifting of renewable energy (basically to the night hours). So if even part of the worlds current solar farms were augmented with VRFB’s the market would be huge. Most smaller UK solar farms are in the 2MW range and there are several hundred of these that are much larger. That’s just the tiny UK market. 😀

Hi, Guess the £1.....interesting problem with BREXIT and all, put me down for October 24th 2019 when hopefully I won’t need to sell 10 shares to buy a pint! 😀

Does that also apply to Trump ;-? One is a brilliant visionary with a mercurial personality, the other is a near bankrupt entrepreneur in legal and major financial trouble; take your pick? GreyBuzz

Hi, You can already see that the exact mixture of acids will determine who’s equipment the electrolyte can be used on. Different membranes used in the batteries have issues with “ The wrong type” of mixture and that effects reliability contamination and longevity of any leased product. sulphur deposits etc. Different VRFB families already exist. The future for BMN will be an electrolyte processing plant that manufactures a variety of formulas if it is to be world class. A variety of acids/cats in a mixture with vanadium seems to be where this is heading, these will almost certainly be patented as the energy/volume will be considerably higher than any single acid mixture. The race is on to get the highest ion flow across the membrane and to do that a catalyst will almost certainly be in the mix as well. Interesting times and BMN should be researching how, Like Tesla, they can scale up a quality electrolyte facility with partnerships with many prospective VRFB manufactures. GreyBuzz

Alpha, The Journos would have a hard time understanding the story... :-( National BBC news WhatsApp +44 7555 173285 Email Haveyoursay@bbc.co.uk Local news contacts Www.bbc.co.uk/news/England/regions :-)

Hi, Late donation made. Total now £14530, not at all bad for a group of individuals who have never met? If only it were £15000? A big thank you to all those of you with the insight to keep this a clean and informative space. GreyBuzz

On the Plus side? The ore is still in the ground, and the reduction in supply will ease up the Vanadium price. The mining claims are still held by Bushveld and the fundamentals are still very strong. A concerted effort by other “Sharky” investors is being made to buy into BMN (Although they are pretending they are not). The activity about BMN shares is happening as bigger players are interested in BMN, if they were dis-interested there would be no activity. My take is that another interest is co-ordinating this for commercial reasons and feels BMN is a threat so is aquiring stock. This may have been a commercial hit to keep BMN out of the AIM 100 and other listings, to remove it from the protections that it affords? Vanadium Redox batteries are still needed, and I suspect it is the future Automotive solution that will drive Bushy in the future; and not just have it linked to steel demand. :-)

The U.S DOE maintains a global database of presently 74 VRFB projects, a few hints where the adoption of the technology is strongest. Germany. //www.energystorageexchange.org/projects/global_search?q=vanadium+redox+flow The Germans are on “ The VRFB Bus” but they also are producing their own electrolyte. GFE Freemat are one such player. //www.gfe.com/en/product-range/vanadium-chemicals/ I am unaware of any BMN links to the expanding German bloom in this technology. They have to get their vanadium from somewhere and they are pushing hard on the environmental perspective. If BMN are not watching closely German VRFB’s with Largo Vanadium, processed in Germany will be the adopted European “ Norm”, and then the U.S “Norm” ( If anything there is “ Normal”..) From washing machines to cars this has been the pattern with a lot of technology, so we need to hear more from BMN on their VRFB “Pipelines” and who they will ship this extra Nitovan to and who they are developing links with to get VRFB’s to market. It’s a great product, but who are the new customers?

Correction? The “Funny” one is dead :-( and the other one was the “ Stooge”?

The Schmid group produce a 5kw VFRB now for domestic use, hopefully there will now be a facility for new builds to incorporate them, just as solar has become the norm? //schmid-group.com/en/business-units/energy-systems/everflow-energy-storage-solutions/compact-storage/ At least there is a VFRB alternative to the Tesla powerwall. Anyone have any space?

Hi, Interesting 48hrs watching the MM’s mess about with the SP. They however cannot change the fundamentals, and that’s BMN’s strength, the world energy market is in crisis and BMN is hooked into that. The reliance on burning coal, gas and oil to make electricity has a finite future and the makeup of the energy mix of many countries is rapidly changing to a solar and wind/hydro mix. The MM’s don’t give a Fock about that but others can see the future. Macquarie finance are now onboard the VFRB boat, with a joint venture with the UK government. They offer a Power purchase plan where they will pay for a VFRB installation. “A battery is installed on your premises. We pay to install, own, maintain and run it. You have no upfront costs and are protected against any technology risk. During off-peak hours you continue to buy electricity from your existing supplier. During peak hours we sell you power, through a PPA, at a fixed price, below what you are paying today. We do this by charging the battery overnight when power is cheapest and discharging the battery to you during peak hours.” A typically small amount of money upfront 200m but it’s aim is to premote green energy strategy which is good for BMN greeninvestmentgroup.com/funds/international/ Macquarie have a proven record in developing business to make them money and experience to make this work! The upward pressure on BMN is not just from the mining sector it is from several areas, so a small production hiccup won’t stop its potential expansion. Look at how Tesla fixed a few Aussie grid issues with one battery in Jamestown. A suitable VFRB could revolutionise power distribution networks. Keep the faith!

Honestly, I am amazed at the charged discussion this has illicited from such a simple source! 23..

So BMN 47p...really?!!! REDT is 0.216p... That I could believe! LSE website had gremlins last night I noted. HL still show 18.2p. Perhaps though it’s a magical forecasting engine....and has shown us nex weeks share price? :-)

Hi, The point is possibly the share price is being suppressed deliberately by BMN. A Good article on how you get a mining licence, there are tax breaks and incentives for bringing in capital to a licence you already hold. So possibly a smaller company could get benifit from delaying investment till after they actually get the licence and a large company may not be eligible ? Also securing finance for a ************** issue when the shares are cheaper is a better incentive to invest as the investor gets more shares. With a much higher rate of return. Maybe the ducks are just being lined up... www.insideafricalaw.com/publications/a-guide-to-developing-mining-projects-south-africa

Just a thought, is it possible the share price is being capped to keep the capital valuation of BMN below £250m for some reason? This would offer some advantages for tax and possibly amount of funds paid out for new licences? Possibly also be advantageous before a stock market flotation?

The disconcerting SP changes downwards despite the trading of BMN shares, seems to go against the normal rules of supply and demand for such an undervalued company. Is there another reason? Ivanhoe mines TSX:IVN seems to be expanding in the northern limb deposits and their shareprice is rising and they are expanding into Vandium from gold and copper. Puzzled...

Thanks, be interesting to see if auto correct has had an effect on share trades! The quality of information on th BB is greatly re-assuring, growing sum in BMN and thankfully the “Feel of the market” comes through the posts, thanks. Been investing a long time, but mostly trusts/bonds etc. AIM is a different ride all together! TTFN

That will teach me to use the phone for research! Apologies to all ( limping away) 🙁