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On a day when the government finally realised the difficulty of nil carbon because the wind subsided, and when gas supply is curtailed by price, surely this is an ideal time for photo voltaic electricity to come into its own and to be stored in mega VRFBs.
An ill wind (or no wind as now) must increase demand for our batteries ?
Thanks Paludina-your postings are light at the nearing end of the dark tunnel. Appreciated by all genuine holders.
What with USA importing heavily, and Portliner choosing VRFB over lithium, and the accelerating news re zero emission requirements , this bird is getting ready to fly and hopefully high!
KN
Not quite in outer space-just Norfolk for a week-Difficult place to reach, from NW England!
Well! I said quiet before the storm and what storming news on a Friday! Cellcybe flying higher and Bushy has 25.5%!
Australia waking up even more .
ALL good news as more stuff will need to be dug up and sold at firmer prices.
Good repeat post of Meyer's July 8th assessment.
If people will not listen and learn they will miss the boat.
Next week should be fun for terrestrials!
I am not a paid ramper, just a longterm investor whose pals have been very patient and are about to be rewarded.
Pdub's summary re the Roskill report well worth a re-read.
After all this time perhaps we will now see progress in the SP .
Right. That's me done -back to outer Space-aka Norfolk :-) With apology to its residents !
KN
Perhaps the quiet before the storm? Only 9 posts appear today . It must be because the only way is up-no-one talking us down!
Meanwhile my e-mail has dropped an Energy Storage news item saying "Welcome to the newsletter from Energy-Storage.news. The first phase of a 100MW / 500MWh vanadium flow battery project has begun construction in Hubei, China, from VRB Energy in what looks to be a sign of things to come for China and perhaps the rest of the world."
The rest of the world is waking up . Will anyone wake up to the fact that our SP is ludicrously low , I wonder? One sees an article saying Lithium is insufficient to supply cars with batteries. must be ditto re grid storage and Vanadium is the obvious alternative. Should mean more profit for the vanadium miners, surely.
How come the whizz kids of the city do not see this ? Surely they cannot all be befuddled with Bolly.
Forgive my ramblings please but I am about to be absent from contact so I thought I would share my amazement!
Daisy- D
I do not think your comment accurate, but in the absence of better comms from the company I cannot be strictly sure.
The fact that Bushveld have supply rights to Invinity and the fact they, Invinity, are being very successful , certainly in USA does mean that the energy storage revolution IS indeed benefitting Bushveld-and doubtless this will increase and at the same time underpin the price of the base product thereby ensuring future profit for the company.
Ridiculous that one could buy shares at these prices ifone had more money!
Oh , yes . Forgot to say -If you are pressed for time/patience just listen to the last 10 minutes
https://youtu.be/9EpEXfN0exw
KN
Best, most up-beat interview I have seen by Fortune since I first invested a long time ago!.
He nailed pretty much every point and in effect said that that which all long term investors anticipated so long ago is RIGHT ON THE CUSP of happening.
I and many of my friends are already pretty much all in on this investment. To hear the CEO say there is " An incredible future" is the most positivity thus far. What was a while ago almost unbelievable is now going to happen . He gets the point that we should not be called just a miner and is addressing that. He gets the point that we need to be recognised as a Tech company/producer , rather than just a bunch of oiks digging in the grit!
If you have spare cash at this daft share price do not sit on it! Buy now or you will miss out. That is pretty much what he told us . He has made my Sunday and it is never too early to celebrate!
KN
Hintza,
Forive my ignorance please. What are advanced conversion technologies? Most things seem to be biomass. Have not gone through the lot but I saw no reference to batteries.
KN
Daisydog - we share the same MP!!
Before I read yours I had come to the conclusion that it is perhaps better to write to the Organ grinder rather than any one of his monkeys! So this morning, I wrote the following by e-mail to Boris.
" Dear PM,
I write to offer you an opportunity for public praise.
The up-coming Glasgow conference needs to recognise the need for huge increase in power generation and energy storage if carbon-emitting vehicles are to become history.
Lots of solar, wind and tidal energy in GB. but we need batteries to store the power. The only SAFE sort are Vanadium Redox Flow. To learn more , read "the Bushveld perspective" on Google and compare their safety with Lithium - read also https://www.nature.com/articles/s41598-017-09784-z
Opportunity for you to wake up the world. Good luck.
PS Happy to give more info than 1000 characters permit. "
Given there is going to be the Climate change conference , it seems to me that even if the company fail dismally with their PR, if all the posters on this board contact their MP , it might just wake the government up.
Some hope , but I feel true to self for trying!
KN
Very significant in my view . Previously what USA did today the world will do tomorrow.
Now China is an awakening state and Russia apparently too.
What they are doing today USA will undoubtedly do tomorrow and then perhaps the Old world the day after.
This move by significant players in Russia will not go unnoticed .
Demand for Vanadium will inevitably increase and faster than supply can match = price increase = greater profit for the free worlds larger producers of the stuff.
Now, let me think , which companise dig it up !!
KN
Sammy -be careful overdoing it- a friend of mine had a mini-stroke bench-pressing too enthusiastically and Knuttie, don't even go there! Remember training for the 3 peaks! Apologies to all for off topic but less boring I hope than waiting for the share price to reflect the TRUE value of our company
Re Knuttie's speculation- probably someone who has a vested interest in Lithium batteries.
KN
Good RNS today and hardly a ripple on the placid surface of the Share price.
I do not like adverising agencies as they seem to make too much money.
Perhaps I am just jealous of them , but I do recognise they have role to play in getting the story out there.
For the last several years all of us posters on this board have known the invaluable part VRFBs will play in achieving zero carbon emissions ( as distict from the smoke coming from the Lithium battery fires-ahem)
So, might I suggest that Fortune should employ an advertising agency to wake up the outside world , where even an energy storage engineer I came across the other day was unaware of VRFBs.
At last we as a company are making a decent amount of money . Sadly not reflected in the share price because we are under the radar of the investing community-perhaps even thought of as just anothe S African miner . Cor what an aroma!
So , Fortune , I implore you to spend just £1million of the weekly profits now being made and I can give you the name of a really great British advertising agency based in Manchester which might wake the world up before the upcoming Climate conference due shortly in Glasgow. A good opportunity like this should not be allowed to pass by.
Just my opinion KN
That figure misleads somewhat
Ferro vanadium Europe $ 39.45
China $44.50
According to Silver Elephant
Reading of Knuttie's frustration and Faramogs response , I can only say that with a company which has such good prospects as this one has, with a fine basic market for its product, with more than just a foothold in an energy storage revolution which is bound to come ( consider floods in Germany and fires in North America as a result of climate change which must be arrested), with an asset which ultimately China and USA will both wish to control, and which is a major player in a niche market, the share price is bound to recover and sharply when the world wakes up and we escape the cesspit of AIM.
So, am I likely to sell my paltry couple of million shares or more thanks to others holding in trust for me? Not a chance!!
And I think I might be speaking for all private investors who do not have a compelling need for some cash, given my friends who have bought in to the dead certainty which is Bushveld . Patience will bring reward! Knuttie is a patient man. Fortune is a fine creator of wealth for us who remain patient.
Hi Loudspeaker,
Amongst all the rubbish spouted by many ignorami on this Bulletin board , your postings of actual V prices s shine out like a lighthouse and for your illumination I , for one, thank you and I invite all those who agree to recommend , so that you know how much you are appreciated
KN
Welcome!
You will not regret it, in my humble opinion. If only I had more funds , I would buy now while prices are stupidly and inexplicably low!
KN
Like it Knuttie!
Humour makes the world go around.
KN
Weird that the company nomad says sale prices now are $35/kilo average for the year going forward when less than half the year in loudspeaker reports $40/kg and demand is getting stronger when (is it) Terry Perles foresees a supply shortfall growing as the year progresses.
I reckon SPAngel are being far too conservative at 31p/share, perhaps stung by having been too gung-ho previously.
31 p would make me happy but would not make me sell!
KN
NigelB
Don't get your hopes up re last year's results . When they come they will not be as good as one would hope , because trading conditions during the pandemic's height were poor , not just for BMN but for everyone. Low demand for V meant lower prices.
Fixed costs continued as ever.
BUT that was then and now is now and now the trading conditions are great. BMN has realised part of its profit in IES , V price is high , the closure for maintenance is behind us, production rates are up , the proportion of fixed costs to sales realised wil be down and the future is as bright as can be. Why else would Orion have supported the company.
Oldest investment mantra is to follow good management and the management at BMN is not just good it is brilliant-just look at the deals Fortune has done. The only area where management fall down is PR and my guess, from a position of total ignorance ( in point, but not of life generally) is that there is something brewing in the background about which management has to stay shtumm to comply with Stock exchange rules.
As ever , be patient and watch this space and reward will follow , because all fundamentals are presently great.
KN