Member Info for jogj99

Snott, I don’t think this is going to have any impact on the World Bank fully funded battery storage tenders.

There is a reason why, despite being invented in the ‘70s, there has been no commercial application of this technology despite it being made from cheap materials. The claim of potentially greater energy density than lithium or VRFB looks unlikely to me.

There are big backers but they are talking about these batteries being at least 4 years away, that’s 10 years in real life. I don’t think they are a challenge to proven technology of VRFB and lithium at the moment. It is a different story to having something working on a small scale in a lab to a grid scale application that needs to last 20-25 years.

An example is the recent South African tenders for battery storage required 10 YEARS of proven commercial application before you could even apply. Large scale utilities are not going to risk power blackouts on unproven technology.

It looks to me like the MM are struggling. They have widened the spread significantly and are trying to stem the rise.

this morning, including my 10k top up of 76,200 shares

Bushey100, very clever including Tesla

https://twitter.com/bigbitenow/status/1417757000339951616?s=21

https://www.bbnbigbitenow.com/post/bushveld-minerals-q2-update-review

Production increases are imperative to Bushveld having enough V to supply their electrolyte production facility, this being where the big money is.

Every kilo of V made into electrolyte is worth roughly double what it is when sold to the steel industry. I’m really hoping that once sustained production increases are proven Fortune will allow Bushveld Energy to enter into off take agreements for its electrolyte and increase the size of the electrolyte plant. I’m not entirely sure of the lead times to increase the 200 mwh electrolyte production facility to 800 mwh although all permits for such an increase are already in place.

Although production increases to sell to the steel industry are important and extra revenue welcome, electrolyte is where the big money is.

I believe that this will be the start of a period of positive news flow.

https://www.bbc.co.uk/news/business-57883332

There was a previous lithium battery fire another facility in 2019 that burned the place to the ground.

These issues have been going on for years, the local community cannot even decide who is in charge and where the royalties that have been have gone. I am pretty sure this is going nowhere. Read this article, page 17, royalties have been paid, this is more about the management of the fund.

https://www.corruptionwatch.org.za/wp-content/uploads/2019/03/Mining-royalties-research-report-final1.pdf

It hasn’t gone well for the MM this morning, poor souls! They induce a 10 percent drop, hardly and sells and loads of buys.

Today’s presentation was exactly the kind of thing the company needs to do to increase shareholder confidence. Well done Fortune and team!

Cindercone, you forget that BMN have justify why they have borrowed a load of cash from Orion. They are developing a plant that would have gone bust were it not for Bushveld, Evraz didn’t have the foresight to do it.

Developing a mining site is not rocket science, to be honest, it’s far more difficult.

http://www.asianmetal.com/VanadiumPrice/Vanadium.html

Carpfisher, I have already researched this and ‘IF’ there was a sudden change that BMN was only going to be traded on JSE, which I seriously doubt, there are several UK brokers that trade JSE stocks in an ISA.

Google is a wonderful tool.

Floyd81 - Thank you for your input to this board, you really are a credit. As always excellent research.

I was thinking about the jam today, rather than jam in 2025, comment that was made earlier in relation to FAR. Firstly I think that 2025 for production for FAR from a new plant when the current feasibility study will not be ready until sometime in H1 2022 is unlikely.

Once the study is completed, funding needs to be completed and plant built and commissioned. FAR bang on about ease of extraction but nothing in mining is guaranteed. One only has to look at the issues at the cursed Windimurra vanadium project in Australia that has had $700,000,000 spent on it and it is predicted that it will still require at least $150,000,000 to get it fully functional with reliable grades.

Interesting Windimurra was originally owned by Xstrata when Sir Mick Davies was CEO. It makes me thankful for how far Bushveld have got and hopefully able to progress over the next couple of years. Jam should be spread very thickly here in the next year or two.

It could be @Evidently or it could be because we are about to do a massive deal with the Chinese for our world class iron ore deposit that has been left on the back burner.

just gone through. 269,000 worth 41k. What a bargain!

Sorry I’ve just seen that it was already posted by Cowboy Investor.