Member Info for jogj99

Any rise is good news, especially as there are signs that Q2 production numbers are going to be very good.

Delayed 500k sell popped up. Once those are gone we should be back on our way......

From Alphacomp

Would you rather make investment decisions on a website which publishes a 'bullshish dojo star bla bla' technical trade signal or a 1.5 hour long video which lays out the massive future for long duration Energy Storage and VRFB's and BMN's place in it ?

https://www.youtube.com/watch?v=JcP1XTjYrTE

hint you do actually have to watch to the 1:32:00 when Adam Rousselle of REA Aggregators states "I think the whole world is going to be depending on Mikhail. much more than they are paying attention to today. I think his company is in the centre of the entire industry, and we need his leadership and we need his assets ... and I can't make it any simpler than that."

There a 5 MM looking for shares and only one offering. Looks like any significant buying will push this again today.

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”

The current SP is an opportunity.

https://www.telegraph.co.uk/investing/shares/invest-like-john-maynard-keynes/

This bit made me smile, talking about his investing after the 1929 crash.

In the 1930s, he dramatically increased his holdings of mining shares and recovery or "value" stocks, those he believed were undervalued by the wider market. Union Corporation, the South African miner, was a core holding, as were Austin Motors and Hector Whaling.

I agree that not cracking on with Mokopane is a mistake. I read one report a while back which admittedly was focused on a mine and processing facility there which stated site clearance alone would take a year.

There is a shortage of good quality ore in China and particularly Australia which geographically Bushveld could supply.

Are we missing a trick?

https://www.airlineratings.com/news/passenger-news/video-ethiopian-777-freighter-fire-china/

An Ethiopian Airlines’ 777F freighter has caught fire at Shanghai’s Pudong Airport.

The incident is almost identical to another fire on an Ethiopian 787 aircarft at Heathrow in 2013 which was caused by a runaway battery.

The first on the 777 freighter started on the main freight deck and has spread into the ceiling or crown of the jet.

There are no reports of injuries.

With plans to increase production to 8400 mtV per annum and a electrolyte processing facility that will initially produce 200mwh but if scaled to 1000mwh as plans allow then nothing else needs to be done to get the MCAP to around a billion.

All one needs to do is sit and wait.

There will undoubtedly be other exciting updates along the way but if you look at the very basic plan above the foundations are there.

I stand corrected. Having looked at the 2019 accounts FM received $2,874,440 in 2018. The vast majority of that was a 7,000,000 share issue, the share price being much higher than today. His total salary in 2019 was $816,550 which again was a mixture of cash and shares but the majority was cash in 2019.

IlluminatiShare, I cannot remember exactly what Fortune’s salary is but it is around 150k. There are also incentives but these are all share options giving him an incentive to build the company and SP. To say that his salary is £2m+ is just rubbish.

Hopefully the MCAP will stay above 700k!!

James, I do believe that Fortune is too straight to allow director buys. There is a huge amount happening and I am as frustrated as everyone else here but I know that it is only going take time, progress with the company and SP is nailed on in my book.

Buys buy directors who certainly have inside info would likely get Bushveld in hot water. Personally I would be worried if they could buy at present as it would mean that all of the info is out in the public domain.

A company share buy back is a different matter and I would fully support that at this time.

They’ve got some cheek posting that RNS today........

https://atainsights.com/webinar-developing-battery-energy-storage-projects-safety-and-warranty-considerations/

This is later today, 3pm UK time. Should be interesting, particularly the input from the Korean Battery Industry Association with the lithium fires that they have had.

I have added £500 quids worth to go with my buys last week. I find it incredible how there has been four market makers on the buy all day and only one on the sell but we are down 6%.

Fortune needs to put out some news fast. Looking at the Bushveld Energy website we have a project pipeline of 250 mwh of projects, none of which apart from the Eskom demo and Bushveld’s own mini grid have received an RNS.

https://www.bushveldenergy.com/

I also came across a 2016 (yes 2016!) report that stated ‘Currently, Bushveld Energy both develops its own energy storage projects and provides systems and solutions to developers across Africa, including ongoing projects in Sao Tome, South Africa, Tunisia, and Uganda’. Where have these projects ever been mentioned?

https://www.crses.sun.ac.za/files/research/publications/technical-reports/USTDA_Public+Version+1.pdf

I think that BMN is currently undervalued more than it has ever been and I include when it was 1.2p a couple of months before the Vametco purchase was announced as being completed and the SP went up to 8p.

I am so frustrated with the current SP but in reality it doesn’t really matter to me. I am not looking to sell and the longer this goes on the more opportunity I have to buy at these ridiculously low prices.

Cowboy. I think it is unlikely, we have such a massive resource base across our three sites that we are always going to be looking to deal with our own ore first and not have the capacity to deal with other people’s.

Even when all three kilns at Vanchem are fired up, a second kiln built at Vametco, I still believe that BMN will build a stand alone processing facility at Mokopane. Such will be the demand in 5 or so years that I see plans to produce 20,000 tons a year.

Obviously this together will come at a large cost and this is why I believe that FM is so cautions not to dilute now when he has no need to do so.

If anyone is worried about Covid going forward I will mention two things.

1. There are two trials, one US and one UK that are producing antibodies and T Cells. Both are likely to make it to market late20/early 21.

2. SA is moving from winter towards spring and with that rising daytime temperatures and high levels of sunshine. Within a month or so SA will be enjoying temperatures similar to those in the UK at the moment that have greatly assisted in destroying the virus. The SA summer should help eradicate the virus.

Whatever happens, I am confident that SA will not have to go through another Covid winter.

I missed that! Was trying to do two things at once at the start of the presentation.

I can see how difficult it is for someone with no company knowledge to understand the story here. There should be much more focus on the energy storage side and less on the mining.