Member Info for jogj99

Sorry Lindon, bloody auto correct!

London, Bushveld have been supplying their own Vanadium to a third party electrolyte producer.

It’ll cost Largo far m0re to expand than BMN as Bushveld already have the infrastructure in place, it just needs refurbishment. Once that refurb is done then maybe a another kiln at Vametco and following on from that Mokopane. By that time we’ll be producing 25,000 tonnes a year! Probably cost about 500 million dollars all told including a few more electrolyte plants but you’ll be talking about a company worth many billions of dollars. BMN have the proven reserves where Largo are just saying that they have room for expansion. Till that is confirmed I would suggest Largo should be worth a lot less than BMN.

I’ve read it again and it appears that it is me that cannot count this time!

Look at the shares in issue number.

From 1st Feb. Following Admission, there will be a total of 1,192,231,543 Ordinary Shares in issue, 670,000 of which are held in treasury. Shareholders should use the figure of 1,191,561,543 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the voting rights of the Company, under the FCA's Disclosure and Transparency Rules.

From today. Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage solutions provider, with ownership of high-grade assets in South Africa ("Bushveld"), announces that in accordance with the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued share capital of the Company consisted of 1,191,561,543 ordinary shares (excluding shares held in treasury), carrying one vote per share. As at 26 February 2021, the Company held 670,000 ordinary shares in treasury.



Shareholders should use the figure of 1,191,561,543 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure and Transparency Rules.

Someone cannot count again! The figure used in the RNS of the 1st of Feb was incorrect. I’m assuming that this has come from someone tidying up, probably getting ready for a new listing somewhere?!

PB940 post recommended!

There is still many more coal plants being built than there is renewables. As Madagascar has so little electricity production, particularly in the South of the island, coal would get approval. It is better than using diesel or kerosene.m

I think you’ll find that neither Prince or Lyndon won’t be with the company much longer.

UT for 730,000 shares at 19p. I think we’ll get some strong movement first thing.

I think all we are waiting on is the tender result. I’m sure it is good news but either way it will be the catalyst for substantial news flow.

Staff at Vametco had a no strike clause put into their contracts when the bonus scheme was set up so I doubt they would be interested, it’ll cost them any performance related pay.

Bloody hell! Stocks of V are almost nonexistent!!

Steak = Steel?

Massive requirement in 2-4 years time!

Abengoa have requested voluntary insolvency to protect the company. True, it may become bankrupt but this move is more about restructuring it’s debts. I don’t think it will affect the mini grid in the short term.

Tex, ‘Strong Buy’, that was just a slip of the finger! I don’t invest in many companies, I tend to only hold 4 or 5 and generally invest for years not days or months.

I have found a few stocks over the years that are too good to be true from the LSE BB. I was only hoping to create a bit of discussion with my comments and probably should have said “I haven’t decided do invest yet”.

swizz, thank you for the reply. I will have a look at today’s corporate presentation when it is released and see if it offers some further insight into how Pitombeiras is going to be brought into production. I understand what you are saying about the structure and tone, tbh SP Angel have previous for that and can be stuck a long way up their own backsides at times. It just seems such a massive disconnect between company announcement and SP Angel’s note.

Vanadium plays are definitely going to be moving from the current niche product to a more mainstream investment case as VRFB take off.

All the best,
J

I was having a look in here as a previous holder of these shares and wondering what the fairly sudden increase in SP is all about and should I be investing.

Are people aware of the SP Angel research note regarding the PEA released by JAN? Before I get a load of abuse, I am not a troll, it just appears too good to be true. The SP Angel note which people can subscribe for free to read mentions ‘There are more red flags waving at us in this PEA than in the Moscow Victory Parade in Red Square in 1945’.

Having read the note I have decided not to invest.

https://tinyurl.com/yxtqfasz

SP Angel Morning View