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Classic, I know, but I'd at least stick this on the watch list though because there really does appear to be a turnaround story unfolding here. Some of that appears to be priced into the current sp so I'm waiting for an entry point. Sub 200p would be ideal for me but honestly believe this will be a great long term pick.

Looks as though this has bottomed out at 40p ish and is ready to recover so have decided to buy a few @ 43p a moment ago.

Must admit I have not done as much as research as I would do ordinarily but this really looks oversold for a company that has recently grown its Order Book to £4.2bn and had a £100m fundraise at 60p.

60p from here is ~40% upside so that's my short term target for the time being.

DYOR (more than I have here!) & GLA

Wow what a story!

Elon Musk + Censorship of a rival battery technology !

People will then wonder what he's so scared of, research vanadium, and voila.

Now we just need to highlight this to the Times, the Guardian, the FT, This Is Money, etc.

Exactly!

Putting to one side the commodity price, Bushveld's inherent value has multiplied in recent years because the profits from the V price spike has been used for the acquisitions since then which have laid the foundations for a MUCH higher share price than we've ever seen in the past.

Alfacomp,

It's outrageous to think the magazine is pulling articles about VRFBs because Tesla are putting pressure on them to do so!

How do you know? That really annoys me because we need as many people as possible to learn about VRFBs as fast as possible!

Drifter - have you seen what's happened to FAR? It has lost 85% of its value since April haha

Daisydog - no I'm not joking at all. I would vote against 50p because I know we're worth much more than that.

Can see where you're coming from but I think it would be much more beneficial not to have a hostile takeover because otherwise we would probably be sold short @ 50p let's say. Whereas, longer term, this is clearly going to be worth well over 100p.

Having said that, I can envisage a hostile takeover happening because many of the absolute Goliaths in the Energy sector are accepting that oil consumption may never get back to what it once was, and this will therefore force them to diversify into other areas to continue to thrive, and so they may suddenly take interest in green energy and/or battery metals, which could lead them to making a bid for Bushveld. A £500m bid for these massive companies is comparatively very little really, and it would pay off massively in the future of course.

https://resourceworld.com/investors-may-want-to-check-out-green-tech-metals-based-companies/

Published in Canada 3 weeks ago. See below

"Recent comments by Prime Minister Trudeau and Chrystia Freeland, Canada’s new Minister of Finance, that the restart to Canada’s economy must “think big” and “be green” ought to perk up the ears of investors. Though the meaning behind these words has yet to be defined, opportunities may well appear in industry sectors hitherto ignored or relegated to niche markets.

For the “green restart” has thus far not at all been defined. This fact could lead to both optimism or serious fear. Does “green” mean improvements to existing technology and a quickened and steady, but measured, march towards sustainable technologies and renewable energy? Or does it mean a paradigm shift to fully renewable energy and ideas based on wishful thinking and ideological dreams? The former is eminently possible, and even desirable, while the latter will take Canada over an economic cliff.

Trudeau, Freeland and environment minister Catherine McKenna all have, in the past, clearly indicated a leaning to a revolutionary green shift. However, at this point it remains speculation. Investors looking for opportunity can look to resource-focused green tech companies. The marriage of Canadian resource wealth and technological innovation is the untold story of Canada’s resource industry and now that the government is looking to go green, the opportunities could be vast.

For example, there are numerous junior exploration companies that are exploring for battery metals for use in electric vehicles. These include lithium, nickel, manganese, graphite, copper and cobalt. There are several companies targeting vanadium that, besides its use as an alloy, is increasingly used in vanadium redox batteries to store electricity on a large scale."

"Vanadium flow batteries (VFBs) are promising for stationary large-scale energy storage due to their high safety, long cycle life, and high efficiency.

The cost of a VFB system mainly depends on the VFB stack, electrolyte, and control system. Developing a VFB stack from lab to industrial scale can take years of experiments due to complex factors, from key materials to battery architecture.

Novel methods to accurately predict the performance and cost of a VFB stack and further system are needed in order to accelerate the commercialization of VFBs.

Recently, a research team led by Prof. LI Xianfeng from the Dalian Institute of Chemical Physics (DICP) of the Chinese Academy of Sciences proposed a machine learning-based strategy to predict and optimize the performance and cost of VFBs.

"We use AI technology to improve efficiency, reduce research time, and provide important guidance for the research and development of VFBs," said Prof. LI. "It may accelerate the commercialization of VFBs."

http://english.cas.cn/newsroom/research_news/chem/202009/t20200927_244321.shtml

https://pubs.rsc.org/en/content/articlelanding/2020/EE/D0EE02543G#!divAbstract

Sure this has already been posted but this article about VRFBs being developed for residential use in Australia is massive!

Australia is much further ahead than the UK when it comes to solar energy usage, with energy suppliers like Synergy actively encouraging people to not just have solar panels, but to store the energy to then use later or sell back to the network!

Currently that home solar battery market is lithium dominated, as you can see here with even Tesla getting in on the action... https://www.synergy.net.au/Our-energy/Blog/2018/05/Comparing-the-best-home-batteries

...so vanadium-based home batteries in Australia is long overdue. And, as you can tell from my comments above, it's a massive market over there. Much bigger than we can imagine. That's precisely Elon Musk is already over there selling his batteries.

Consequently, once this takes off like I know it will, it could become a considerable source of vanadium demand in itself.

https://www.energy-storage.news/news/residential-vanadium-flow-battery-systems-under-development-for-australias

Charming post, Lionel. Glad to see you've got in touch with Alfa re putting it onto the Bushveld Perspective website :)

Not sure if I count as one of the "knowledgable posters who have backed off from posting more recently" but can inform you that the ONLY reason I've been quiet in recent weeks is that I've been crazy busy at work. It isn't because I was put off by anything on the bulletin board.

Will be back posting regularly again like usual now once things settle down : )

Seems like a wise decision to sell off a Brexit-exposed and already-loss-making business that falls outside of the comapny's strategic goals going forward. £1.5m more cash in the bank, and profits will increase a little going forward as a result.

WIN win.

"The operations will be sold for a consideration of approximately £1.5m. Net liabilities of approximately £1.0m, primarily in respect of leased fleet, will transfer to the buyer. After fees and provision for costs of separation, the Group expects to report a small exceptional gain on disposal.

The disposal of Containers is aligned with the Group's strategy of focusing on its core markets that offer the greatest potential for growth. Containers, which sits within Specialist Services in the Group's new reporting structure, provides port to distribution centre container logistics services. The business is subject to a high-level of volatility in the daily demand for its services and the short-term nature of its contracts differs from Wincanton's core business model, where visibility of earnings is prioritised. Containers is likely to require investment within the next two years and Wincanton is committed to directing investment towards higher value areas of the Group.

The transaction will reduce the Group's annual revenue by approximately £60m and will lead to a small increase in the Group's underlying profit before tax."

purchasing 70,000 shares / about £190,000's worth in the last couple of weeks

Time to do some research here I feel ...

seems odd that this has fallen 6% today, so shortly before the next Trading Update is out.

I decided that I didn't like the look of RFX at 130-150p earlier in the year, but I would be tempted sub 100p. Subject to the TU of course.

Watching and waiting

Excellent posts, Lionel - Feel some Frequently Asked Questions section like this would be a useful thing to have on a webpage for newcomers !

Well done : )

Thanks for the honest advice Steve, you tend to always be right (DLG, RBN, and others), so I trust you here. Especially if you’ve spent 12 years in this industry so understand it much better than I do for sure.

Thanks for the advice not to buy tomorrow. I’ll reevaluate the timing on Tuesday morning.

All the best :)

Having done some research, I really like the look of this company, and I will write up a post with my research v soon to explain why.

My one hesitation is that I cannot work out what impact Brexit will have on the company. Can anyone here help me?

FYI - I am not invested here yet but I've already decided I will buy my first tranche of shares on Monday. The question above is merely me trying to look further into the future. Because, if Brexit was not happening, this would be a buy-and-forget share IMHO

Good to see you here as well, steve305 - my fellow DLG-er who also spotted the resumption of the dividend there before it happened.

Having done my research, I feel the same will happen here :)

Agreed rivaldo - this does look v good.

Has certainly piqued my interest so I will do some research!