Hi guys, don't know if this has been posted before but looks to be good news for vanadium redox flow battery's. Also for one of our VIP partners... RedT
This will hopefully be the advertisment that our battery tech needs in the UK to prove that VRFBs are a no brainer when it comes to large scale stationary storage.
It's items like these and the job listings from earlier that start to get you excited isn't it!
Reading up over the last few days has strengthened a belief, which may just be my mind adding 2+2 together and getting 5, that all of this share price trouble is done on purpose and by friendly forces.
It might be a frustration for us holders right now but I can't see how there is any other way to read the situation. Fortune himself is not bothered at all about the SP and even gave a wry smile when asked about it in the crux interview.
We have Eskom tendering and deployment of winning tender delayed. We are still yet to hear about a move to the JSE and possible dual list on the FTSE. Mokopane news whispered at the bottom of the last RNS.
It's seems to much of a coincidence that the Eskom project, the new SA fund, and everything else seems to have been delayed until bushveld will realistically be in a position to be the supplier for all of this, the East London electrolyte plant timing with all of this especially.
I believe the company are fully aware of the holding of the SP and are fully complicit in it.
Maybe, with SA politics as it is, bushveld have been told they will win the tenders and can have mokopane license etc etc as long as SA people and probably politicians can gain from all of this through buy in of the company through a attractive and lucrative share price upon the listing on JSE. They can then award the £400m+ Eskom tender to bushveld and all pat eachother on the back as the share price fly's. Everyone's a winner.
Obviously in the short term this is not great for us holders but in the long term I will take the rewards which will be huge should this situation play out.
What's the thoughts on this or am I crazy?
Indeed halespur I am a arsenal fan and not the happiest of fans at that haha.
Pdub thank you for your non flaming post and well presented arguement. I am fully aware of the company's achievements and that's what makes this all the more frustrating and as a later entrant to all of this makes me wonder if there is something that I am missing and question if what I can see before my eyes is the full picture. Especially as a newcomer to all of this investment stuff it's almost that old saying of if it's too good to be true it normally is.
To my eyes this company will be worth the valuations quoted on here and will change my family's life in the distant future. Hopefully I won't be under water soon as I have averaged down as low as 23p and average now is 28p so my position isn't quite as bad as others have seen. Hopefully time and experience will like yourself show me that my worrys and frustrations are unfounded and I might be able to offer your advise and experience to a new investor in the years to come when I am in paper profit but they perhaps are frustrated or at a loss.
I am a genuine poster and holder of bushy. I would like to apologize if some stuff comes across as a troll or trader but I can assure you I am not. I'm just new to this and as said frustrated that the world doesn't see what we all do and questioned myself.
Thank you for your patience.
Alpha your always good for going back through a posting history and quoting people. Congrats.
It's a shame because your posts are one of the most insightful and knowledgeable on this BB and you generally post substance which I am very greatful for.
I am not a bloody trader looking for a position for god's sake. This is as low as this goes (I hope) and if I could I would add. Unfortunately I am just a first time investor with nowhere near the funds as some of you.
It is not just 3 month sideways movement I am frustrated with but a year or declining price whilst the company has made huge inroads in all aspects of the business.
I have another share in my isa now also which is in green energy and has doubled from my entry just a couple months ago whilst the company makes no profit unlike bushy.
Sorry for enjoying difference in opinions on this board and not just constant echo chamber.
I don't really have the time to post all day like most of this board and only get to read, I just read through as and when I can during the day and got fed up of the battering of people with questions or any negatives. I will go back to being a greatful reader of the good posts and keep my frustrations to my self I guess.
No ninja deffo not met before. I guess because I have enjoyed reading both the for's and against today that makes me one of the trolls who have frequented this bb in the past.
It's quite pathetic that your even trying to label me as such. I don't have the time to bother to troll a board and have no knowledge of trading to even entertain trying to drop the price. I am just a frustrated holder who stumbled across this share by chance and has been one of my first ever investments. I work for a UK DNO and my stumbling coincided by chance wit myself doing some revision on the company for a promotion interview and reading about our move to becoming a DSO instead of DNO this share was a no brainer.
I am in this share as previously mentioned about as much as I could stomach to loose and its comforting reading of others similarly frustrated and for once being able to openly discuss some concerns or negatives that build a better understanding and confidence in the positives.
Christ some people here need to chill. If it's the long term we are all here for why worry about a couple posts which might affect the share by half a pence for the short term. I am here for hopefully 5 to 10 years as I am looking for this to be in the ranges of the 5 to 10 £ hopefully which will change my familys life.
In response to loudspeaker, I am fully aware of RKs posts which received around 200 likes but that won't be an every day figure.
Anyway sorry for the long post but I just enjoy reading both sides. I am long and strong hopefully for the better.
I have actually really enjoyed reading tonight's discussion which has bought things to my attention not previously known.
It makes a change from the normal name calling and back slapping some of the forum police spend all day doing. As a previous poster has said it gets boring reading copy and pasted walls of text repeating the same targets over and again.
I don't feel one person posting tonight has any agenda at all. The price ain't going down from here and certainly not because of a discussion only around 50 people will even read.
Just to reply to the board mafia post:
No chance of any negatives during the week. The board police are out in force to quell the discontent. Only on the weekend could conversation flow without the tired old name calling and defence of a falling share price happen.
What's funny is actually thinking that a board with only a couple hundred readers daily/weekly could have any influence on a share that until recently was at the mercy of a short of millions of shares. Surely if the same sentiment regarding bad posts hurting the share price is right then with all the constant good will and cheer from the board police here the price here should already be in the pounds?
Im as heavily invested here as I can be but the hounding of any negatives here is getting tiring and looks desperate.
How has faramog done anything wrong here I will never know. I love reading this BB but please can the negatives be discussed openly too. As someone previously said I want to see the whole picture and as a holder for only a year I may have missed some things previously discussed. Thrashing thoughts out in the open leads to a more rounded position on where we are at.
Probably just as well for faramog that the board police aren't out in force tonight trying to bury this conversation and pretend it never happened.
I believe in this share and am as deep in it as I can be with my investment money. However there is a lot of goal post moving and jam tomorrow posts from the regulars who will not accept any criticism or even questioning which has any negative connotations.
The radio silence and the lack of vanadium uplift is not helping things. The ongoing incompetence of Eskom and it's management are delaying a nice big BE contract for us also.
There have been a lot of foundations built this past year and we are well placed to be a major player in the energy storage market if VRFB manufacturers and their cheerleaders can start pushing the pros of the product out there and let the world know how bad lithium is as it's the only tech that people know where ever I go.
I'm not selling a share until we reach our true potential value even if that takes 10 years, let's just hope that potential doesn't just remain that and gets realised.
Don't really post here much but got in at 80p and if I had seen the price this morning around 127 I would have sold out waiting a retrace to buy back in to increase my holding as I don't have the funds to add much from my own funds. I guess now is too late for that though as the last hour has seen the price drop like a stone. 129 was the top?
The problem is that large sections of the LV system also is massively undersized. I just cannot see how long streets with terraced housing are going to be able to run electric car charging points when the supply cable to the street is only 0.1" single core cable. The loading on that cable now must be at its limit as it is.
Add to that the 33kv primarys that need transformer upgrades and circuit breaker upgrades just to handle the juice from the grid. As I said the company are aware of it but planning just one before even changing it can take 3 years.
Hi all, new to the board but have been reading since finding out about this share about 2 weeks ago.
I am yet to buy in yet as still doing my research but just wanted to add to what bellers is saying about the infrastructure in the electrical distribution network.
I work for the south west DNO and down here we have been told that there isn't any capacity for any major supplys etc to large scale building sites with a lot of property's to be connected. We are able to connect individual new customers but anything substantial won't be allowed ( I wouldn't be surprised to see people with deep pockets get approval though).
We have no capacity out of slot of our primary substations and a fair bit of the 132kv network will need upgrading also to allow for extra capacity but nobody is willing to pay for all of this at the moment!
What I am trying to convey here is that in its current state, as anybody who has any understanding in this stuff will know, is that the electricity supply network in its current state is already redundant just for new house connections let alone large scale charging stations or charge points at everybody's houses. This to me puts Tesla and the whole ev industry down the pan as it's just not viable without huge upgrades and investment.
Due to this I think my money will be better off in tech such as H2 here and hope to join you all in investing a bit of my money in ITM Power.
Good luck all
Morning chaps, just want to thank everybody for their insight and knowledge on bmn.
I read the board every day but would not be able to match the expertise and research that you guys post on the regular so will probably stay quiet. Hopefully I can contribute something at some point.
I have never been more confidant in an investment and have added when I can, again this morning added another £2k at 23.5p making my small holding 22182. I will continue to add when I can and always tell work colleagues and friends of what a great opertunity this is.
Again thanks everybody and hopefully next year I will join you at the £? party when bmn's share price matches it's outputs and potential.
Have a great day!
Just bought in to this share for the first time this morning. Feel like it was a slight fomo after seeing a sharp rise this morning.
Been reading and watching on the side for a few weeks and should have come in at 7.05 but happy to be in for 13270 shares at 7.498 considering the potential upside here in the short term.
Hopefully the knowledge shown on this board will prove a good buy for myself. Thanks for the ones who give up their knowledge so freely.
I was of the opinion the company should take the option of the buy back. However in reality, as previously said by lindon, after thinking about it the bushveld would be better served spending the money on improvements for the company through infrastructure and plant etc.
The only purpose a buyback would serve right now would be to inflict pain on the people who feel the need to make a quick buck shorting bmn. It would be sweet to watch them get burned but long term we won't even remember the short existed. If you believe in the fundamentals here does the share price now and over the next couple months really matter?
Sit back, wait for the RNS's to flow with good news and watch them get burned anyway of they hold on to their positions that long. BMN won't be going anywhere but up.
Nice voltmeter. I only diacovered the share by chance and read up on it. Luckily last year I had been researching our company changing to a DSO and what that entails as part as revision for a promotion interview. It was the move towards a DSO and then the benefits of the VFRBs that made me so thankful I had stumbled across bushveld and I immediately invested and now have my parents and workmate on board.
Just need to find out if our innovations team are looking into it now as previously mentioned. If their not they will be. The previous trial they did with a lithium battery finished with multiple downsides in the report and didn't seem to go too well. I am sure we are on the right tech here we just need a few bigger company's to see it and watch it spread.
I'm here long haul regardless as only in at a average of about 28p so will hold for at least 3-5 years. If only I had found this a few years ago like some of the big bag holders here.
Didn't even think of switchgear be sorry. I don't mind the eclipse stuff. Only operated it but even then not loads. Mostly operate switching in distribution subs and not so much primary. You work for WPD?