Member Info for jogj99

https://roskill.com/news/critical-materials-eu-releases-updated-critical-raw-materials-list/?utm_source=RWR&utm_campaign=5c0e97a3ac-RWR+%5BMN-HH-0865%5D&utm_medium=email&utm_term=0_c2ff94622f-5c0e97a3ac-54904343

The comment below was posted by a reader at the bottom of the Creamer article.

“ Bushveld is a fantastic setup for SA, but is listed only on London's alternative exchange. What we investors all really want to know, is when Bushveld is going to list on JSE, as has been their promise since some years ago. “

We’ve been at these stagnant points in news flow several times previously, none of us like it. Every time it has happened we have come out the other side with a great FM deal. I am as frustrated as many others here but I think we should all try and trust the man who has given this company so much growth in the last few years.

Libero, it would help the SP if some of those developments were RNS’d separately. Long periods of not hearing anything when there is plenty going on does not help investor confidence.

The RNS does sound a bit down beat but I think it is more rushed than anything else. The companies focus is on other things right now, like a massive BESS project which is currently being tendered for in their own back yard!

One for Pdub

BumblingFool, that report is from 2006 and reporting historical practices. Believe me they have moved on considerably.

Corruption is unlikely to be a factor with the World Bank involved. Their criteria are very strict and Eskom will have to ensure that they are straight down the line.

It’s all double Dutch to me

Alfa is correct. In the site visit video there are at least 40 people present. It was a maximum of two people per company, so around 20 interested parties. The only reason that I was able to identify a couple of the companies was that they introduced themselves and their company when asking questions. To say that BMN were not involved is rubbish.

Great find Floyd.

In the video I Notice questions were asked by the following companies. Gives some idea of who we’re up against. Some big companies.

https://www.hitachiabb-powergrids.com/

https://www.wartsila.com/

https://www.ge.com/power

https://sola.africa/solar-energy-storage-and-solar-microgrids/

Personally I was disappointed that Q2 results haven’t been published but now this tender has been released with such a short timescale I would prefer that Fortune and Mikhail put there time and effort into winning the bid.

Paul, I think these very small buys are put in to make the other trades around it look like sells. My buy was immediately before that and went through at 13.20. A small trade above the mid price after a series of buys below the mid price muddies the waters.

Just had a small top up. Went through at 13.20 so showing as a sell.

Vancouver, British Columbia, August 24, 2020 – Silver Elephant Mining Corp. (“Silver Elephant” or the “Company”) (TSX: ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces that its wholly owned subsidiary Nevada Vanadium LLC (“Nevada Vanadium”) has entered into a binding definitive Asset Purchase Agreement (the “APA”) with CellCube Energy Storage Systems Inc. (“Cellcube”) to acquire the Bisoni vanadium project (Bisoni Project) situated immediately southwest to Nevada Vanadium’s Gibellini Project.
Subject to the terms and conditions in the APA, Nevada Vanadium is acquiring the Bisoni Project by its parent Silver Elephant issuing 4 million Silver Elephant common shares and paying $200,000 cash to Cellcube at closing. Additionally, Silver Elephant will make a one-time payment to CellCube of $500,000 worth of Silver Elephant’s common shares, upon the price of European vanadium pentoxide price exceeding US$12 a pound for 30 consecutive business days, occurring on or before December 31, 2023. Closing of the acquisition is expected in September 2020 and subject to the final approval of the Toronto Stock Exchange.
The Bisoni Project is comprised of 201 lode mining claims, along a 13.8km strike that covers an area of 16.5 square km (1,656 hectares), easily accessed by a graded gravel road extending south from US Highway 50, and is about 25 miles south of the town of Eureka, Nevada.
Together, the Gibellini and Bisoni Projects are comprised of a total of 934 contiguous claims along a 20.7 km (NE-SW) strike covering 43.4 square km (4,342 hectares). The large combined land package hosts significant vanadium resources in the United States, right in the heart of Nevada, a state which is consistently ranked in top 3 of the most attractive jurisdictions in the world for mining investment in 2017, 2018, and 2019, according to the Annual Survey of Mining Companies by the Fraser Institute, an independent Canadian policy think-tank.
The current benchmark V2O5 (vanadium pentoxide) price is US$7.10/lb. in China and US$5.50/lb. in Europe according to Metal Bulletin.

https://www.silverelef.com/silver-elephant-subsidiary-acquires-bisoni-vanadium-project-next-to-gibellini/

I think Covid will strengthen Bushveld’s and other SA companies chances of gaining a contract. Owing to travel difficulties relating to SA travel, the site visit on the 20th August was not made mandatory but surely companies would have wanted to have a site visit before bidding.

https://www.engineeringnews.co.za/article/eskom-initiates-procurement-process-for-first-large-scale-battery-energy-storage-system-2020-08-21/

Good morning Rutends. The Bushveld Perspective https://www.thebushveldperspective.com/ is run by a PI who posts on this board, Alfacomp.

The Bushveld Minerals website is http://www.bushveldminerals.com/. The financial reports are here http://www.bushveldminerals.com/financial-reports/

I believe that there were a set of formal tests including a black start of the whole site, something all the other batteries on test failed.

Yes Knuttie, I agree completely. I just didn’t want everyone here to start thinking that we would get every one, especially if we don’t get the first one announced and people start panicking!

Although it would be great, I’m not sure if every South African BESS project will be a VRFB. They may choose lithium for one/some of them. If they are all VRFB it would be amazing and very wise!

Great research Paul. Your efforts are very much appreciated.