Member Info for Lindon

Uksteveg, maybe so - but also it may be no-longer be a forgone requirement that they won’t be re-admitted.

The rules regarding the suspension of share trading for rto situations have very recently changed. MUST we’re trying to find out how the new rules could be applied to a company such as themselves that are already in a share trading suspension situation.

It could be they will be re- admitted on Tuesday without any resolution to the current litigation issues.

As the ‘litigation’ issue is set as a request for a judicial review rather than any kind of full blown prosecution court case type procedure, there may yet be some time allowed for a resolution to be found?

The Jan date set was a provisional appeal date if it was found to be deemed necessary (as I understand it, but may be wrong!)

Also remember if any appeal is won - the appellant runs the risk of being held responsible for any financial detriment from any dilution costs accrued by parties such as BMN as a result of their actions.
It may not yet be as cut and dried as folk have assumed.

@faramog, could even be a tidy up prior to an rto event perhaps? ;)

@ Denno90, it’s feasibility study. That is all it is. It’s a preparatory step towards the realisation of one of their aspirations if eventual orders prove to be of such a volume that would warrant the possibility and expense of going in that direction. If it was a forgone conclusion that setting up a battery manufacturing business in SA could be a financially viable project, they wouldn’t bother with this procedure. Imo, there will be no impact on the sp unless orders pore in and it becomes affordable to get the idea off the ground.

Maybe, but also may now be a delay in making the choice till after the MUST issues are settled?

If we’re gonna end up directly owning a larger portion of Enerox (which maybe forced on BMN and was never the original business plan!) then maybe difficult to see them wanting anyone else getting a foot in the battery manufacturing door!

So … it’s become apparent that PRIM were compelled to issue their recent RNS by their NOMAD. However, MUST’s position is: as they are suspended from share trading at the current time due to AIM rto rules, there is no detriment in not making public statements that might run the risk of compromising the on- going negotiations in trying to resolve the litigation dispute, that all the relevant parties, including BMN are involved in.

Publication of a Report on the Effect of Imports of Vanadium on the National Security: An Investigation Conducted Under Section 232 of the Trade Expansion Act of 1962, as Amended

A Notice by the Industry and Security Bureau on 11/18/2021

https://www.federalregister.gov/documents/2021/11/18/2021-24957/publication-of-a-report-on-the-effect-of-imports-of-vanadium-on-the-national-security-an

Posted by dingdong62 on Mustang Energy bb:

From: Dean Gallegos
Date: Sunday, 12 December 2021 at 23:46
To: ---------
Subject: RE: share holder

-----

Last week the FCA changed the rules relating to SPACs, there are some transition arrangements that have been put in place and we have been trying to get clarification from the FCA how we fit into those arrangements. As soon as we know the position we will update shareholders.

We have not been idle in seeking a replacement investment to the one we announced in April.

regards

Dean L Gallegos
+ 61 416 220 007

Managing Director

“ You may have a scramble with RK to offload at that price, but think of the financial rewards”.

Brilliant! :) :)

*BMN

Any considerations along these lines will not be done through an AGM.

It would require an EGM to be called! (Extraordinary General Meeting! )

This will be nothing to do with Bushveld … probably another company with the same BBM ticker.

For sure, every few weeks there’s a report about some organisation developing another membrane tech that’s supposed to be better and more efficient than anything that’s gone before. Won’t be long before membranes completely disappear up where the sun don’t shine.
Which might be rather good!

“ Lithium seems to be the number 1 mass storage proposal at the moment? “. Yep!

Imo, it’s because Lithium is THE ‘establishment’! It has massive quantities of industrial scale dosh behind it, its door is open wide and it intends to keep it that way by fair means … or foul!
And do not underestimate the ‘foul’!
Vanadium is the new ‘kid on the block’ … the ‘establishment’ will do whatever it takes behind the scenes on a massive global scale to put up huge barriers and obstacles including throwing massive amounts of money around, in order to protect itself and keep the door closed as tightly as it possibly can against ANY new upstart that thinks it can muscle in on its action.

Although actually plenty of room in this massive market for all … Vanadium is seen as a serious ‘disrupter’ involved in an overthrow of the established order, it’s an industrial scale war!

Vanadium is now coming into a position where it can start winning a few of the battles and start making some inroads into that old established order. And hopefully we’ll soon see some visible results of battles being won by the good guys!

Work has started this week on the UK’s largest public electric vehicle charging hub at Redbridge Park & Ride.

The Oxford Superhub will have 38 fast and ultra-rapid chargers and is expected to open to the public in spring 2022.

There will be 10 Fastned chargers with up to 300kW of power, capable of adding up to 300 miles of range in just 20 minutes for hundreds of electric vehicles per day.

As demand grows, Fastned add at least a further four.

Sixteen Gamma Energy chargers with between 7-22kW of power will be available and twelve 250kW Tesla Superchargers.

The Superhub will be powered by 100 per cent renewable energy, partly generated by a solar roof, and all makes and models of EVs will be able to charge at the highest rates possible simultaneously.

Chargers will be open 24/7 with contactless payment or through an app.

An on-site café is also being planned.

The superhub, which is being developed by Pivot Power, an offshoot of EDF Renewables, and Oxford City Council, is a milestone in the progress of Energy Superhub Oxford (ESO), a £41 million project helping to create the low carbon infrastructure Oxford needs to achieve net zero.

Pivot Power’s EV charging network will provide 10MW of power on site – enough to meet the growing need for EV charging in the area for the next 30 years, the council said.

Unlike any other UK charging hub, the Oxford Superhub will be directly connected to National Grid’s high voltage transmission network.

This means it can provide the power to charge large numbers of EVs quickly, without putting strain on the local electricity network.

It will share this connection with a 50MW hybrid battery – the largest ever deployed – which will combine lithium-ion and vanadium flow technology to enable more renewable power on to the grid.

The network also has capacity to expand to other locations throughout Oxford to meet mass EV charging needs, from buses and taxis to commercial fleets.

The Oxford Superhub is one of up to 40 similar sites planned by Pivot Power across the UK to help deliver infrastructure for the estimated 36 million electric vehicles estimated to be in use by 2040.
https://www.witneygazette.co.uk/news/19741825.work-starts-uks-largest-public-electric-vehicle-charging-hub-redbridge-park-ride/

The Public Protector of South Africa is this week engaging stakeholders as part of an investigation into allegations of improper conduct and maladministration by power utility Eskom and the Department of Mineral Resources and Energy (DMRE) and the Department of Public Enterprises (DPE) regarding the alleged irregular and unlawful awarding of renewable energy contracts to Independent Power Producers (IPPs).
Read more……….
https://www.greenbuildingafrica.co.za/south-africa-public-protector-investigates-irregular-and-unlawful-awarding-of-renewable-energy-contracts-to-ipps/

Which means your trade was below the mid price, well done.

CELLCUBE AND PORTLINER HAVE SIGNED A STRATEGIC AGREEMENT

CellCube and Portliner have signed a strategic agreement to build a sustainable zero emission solution for the maritime market for electrified vessels and the related bunker and recharging infrastructure.

CellCube, the global tech leader for vanadium redox flow batteries and PortLiner, waterborne transport innovator have kicked off a breakthrough project for decarbonizing the inland shipping sector.

Wiener Neudorf, Austria, November 25th, 2021 – Enerox GmbH under its global brand CellCube and E-PortLiner B.V under its global brand PortLiner have signed Head of Terms to build together with Werkina a maritime flow battery solution for the all-electric propulsion of an inland vessel and a recharging pontoon. Parties will demonstrate the feasibility of flow battery technology for decarbonizing inland water transport as well as how flow batteries contribute to the energy transition of ports in building large-scale battery recharging infrastructure both onshore and waterborne. The concept based VRFB technology (vanadium redox flow battery) will ensure integration of wind and solar power into the water transport’s energy mix, providing all-electric propulsion and putting an end to the use of conventional fossil fuels.

Flow battery technology is well developed and offers a competitive and viable way forward towards decarbonization of maritime operations. In Vanadium redox-flow batteries, electric energy is stored in a liquid electrolyte that is non-flammable and non-explosive and that can be stored under ambient conditions. When the electricity is consumed, the electrolyte can be recharged, alternatively, the depleted electrolyte is swapped with recharged electrolyte.

In a partnership CellCube, PortLiner and Werkina have developed an integral clean energy storage system for electric vessels, including a waterborne storage and recharging unit (pontoon). The vessel’s rated AC power is designed at a level of up to 1.5 MW, with energy capacity at 6.25 MWh. The first recharging pontoon is planned to be operated with up to 2 MW power and a capacity of up to 25 MWh. This approach will allow for an all-electric radius of at least 350 kilometers. The waterborne recharging pontoons will be used for refueling vessels with recharged electrolyte. In addition, these pontoons can act like a floating energy storage system and provide power and energy services for onshore applications such as backup power for critical infrastructure, port electrification or provision of grid services.

‘We are actually bringing a new dimension to the maritime world’, Alexander Schoenfeldt, CEO of Enerox, brand owner of CellCube, says and continues ‘The worldwide maritime sector generates a significant CO2 footprint.
https://www.cellcube.com/portliner-project/

This was Morning Star list from March this year, Its always been fairly consistent previously so doubt it’s changed to any material degree in the interim … it perhaps gives a more general idea/view of holdings. (Sorry for the formatting )
Total Ownership
Name Morningstar
Rating % Total
Shares Held % Total
Assets Trend
Prev. 8 Qtrs Current Shares Change Amount Change % Date
Fidelity UK Opportunities W Acc Star rating : 4 Star rating : 4 Star rating : 4 Star rating : 4 1.34 0.58 16,000,000 0 0.00% Feb 28, 2021
Undrly Invesco UK Equity Pen Not Rated 0.67 1.14 7,952,945 0 0.00% Jul 31, 2020
Bakersteel Glb Fds SICAV– Elctm I2 EUR Star rating : 3 Star rating : 3 Star rating : 3 0.64 1.74 7,600,000 3,600,000 90.00% Jan 31, 2021
Miton UK Microcap Star rating : 3 Star rating : 3 Star rating : 3 0.49 1.32 5,890,421 0 0.00% Dec 31, 2020
Premier Miton UK Smaller Companies B Acc Star rating : 5 Star rating : 5 Star rating : 5 Star rating : 5 Star rating : 5 0.45 0.99 5,353,209 0 0.00% Dec 31, 2020
Invesco Select UK Equity Ord Star rating : 4 Star rating : 4 Star rating : 4 Star rating : 4 0.34 1.44 4,035,668 0 0.00% Dec 31, 2020
Amplify Lithium & Battery Tech ETF Not Rated 0.20 0.50 2,333,852 78,845 3.50% Feb 26, 2021
Vifag 2002 SICAV Not Rated 0.08 0.20 1,000,000 0 0.00% Sep 30, 2020
Fidelity Instl UK Acc Star rating : 3 Star rating : 3 Star rating : 3 0.08 0.12 929,491 231,978 33.26% Dec 31, 2020
Undrly FIL MoneyBuilder Growth 1 Pen Not Rated 0.06 0.58 691,156 694 0.10% Feb 28, 2021
Marmite Exploration & Mining Invest Star rating : 3 Star rating : 3 Star rating : 3 0.05 3.40 600,000 0 0.00% Feb 28, 2021
Pharus Sicav Electric Mobility Niches B Not Rated 0.04 0.52 420,000 0 0.00% Jan 31, 2021
L&G Future World ESG UK Index L £ Acc Not Rated 0.03 0.02 361,270 0 0.00% Feb 28, 2021
Undrly FIL UK Equity 1 Pen Not Rated 0.02 0.09 181,817 1,320 0.72% Feb 28, 2021
Undrly FIL Global Equity 50/50 1 Pen Not Rated 0.01 0.05 140,692 557 0.40% Feb 28, 2021
Undrly FIL Global Equity 60/40 1 Pen Not Rated 0.01 0.05 110,197 1,264 1.13% Feb 28, 2021
Undrly FIL Global Equity 70/30 1 Pen Not Rated 0.01 0.06 100,341 846 0.84% Feb 28, 2021
Undrly L&G Retirement Income MA Fd Not Rated 0.00 0.00 19,314 13,376 225.26% Dec 31, 2020
L&G Fut Wld Gender Lead UK Idx L £ Acc Not Rated 0.00 0.04 4,465 0 0.00% Feb 28, 2021
Undrly L&G Pen PMC Diversified Not Rated 0.00 — 0 27 100.00% Jun 30, 2020
Total (for Top 20) 4.51 53,724,838 3,920,605

Orange Trust seem to be showing over a 10 million share increase on last notification !

Major shareholders as at 29 October 2021.

SHAREHOLDER NUMBER OF ORDINARY SHARES % OF ISSUED CAPITAL
1 Hargreaves Lansdown Asset Mgt 246 727 582 20.68
2 Interactive Investor 223 740 409 18.76
3 Halifax Share Dealing 129 732 446 10.88
4 Orange Trust 72 322 657 6.06
5 A J Bell Securities 62 655 699
5.25
6 Acacia Resources 45 595 938 3.82
7 Barclays Wealth 41 919 122
3.51
- - - -
Bushveld Minerals Ltd Director & Related Holding(s) 26 365 089 2.21

https://www.bushveldminerals.com/capital-structure-shareholder-information/

@Maninshed, “We really could do with something from the company to make the market sit up and take notice”

They’ve just done that … and looking at the current sp levels the market has indeed starting to sit up and take notice!

The market is now aware that electrolyte will not be available in commercial quantities until March 2023 and they've implemented a study to see if battery assembly in SA is a reasonable aspiration to havebfor the future.

Thanks loudspeaker - that maybe what’s hoped and dreamed for, but the problem is the fact that (imo) there is a also a more real possibility that they will not have scaled up to 200mwh’s capacity’s worth per annum of electrolyte until March 2023 (and even that date is provisional on the timescales staying on track through the equipment commissioning and end product testing procedures)

It seems to me, a vitally important point when considering any near term investors hopes that they may get something out of Eskom BESS contracts.

If it’s the case that the market perceives that 200mwh’s worth of electrolyte is an annual production target and even that won’t start being realised until March ‘23 … it’s hardly surprising that the sp is where it is at the mo and it’ll continue to be seen just as a mining company, dependant on the price of V for at least another couple of years.

If it’s not the case … the company need to come out and radically change the market perceptions on behalf of its investors. It’s continuing failure to walk the talk is soon going to see far more shorting activity than there currently is, it’ll will make current levels very minor indeed.