Member Info for Lindon

JD1972... there was nothing intentional about the timing of my post.... and the extract was simply just to highlight the general gist of the article. I also realised I hadn’t posted the link... which I then did for all to read. Nothing more than that.

Pdub...lets be clear... it wasn’t me that wrote that article! I complete agree it’s disappointing news... but it IS relevant news about SA... . there is no reason whatsoever for not posting it. There is no way any investment discussion board should be restricted to only positive news. I rather thought posting that would stir up the usual sh|t but if contributors to this otherwise excellent bb are going to be bullied like this to such an extent that they are afraid to stick there heads above the parapet and say “boo to a goose” .... then it’s a pretty poor show.. Just my honest opinion.

Alfa... pure bull pooh. That article is complexly legitimate recent news that anyone can read... and neither you or anyone else will bully me into being blindfolded.

Here we go.... a typical pbub burying exercise of news he doesn't want anyone to see!

Sorry... Hamill

Also here’s the link to that article.
https://www.fin24.com/Economy/sas-junk-spiral-may-deepen-as-sp-likely-to-cut-outlook-20191118-2

Yes, quite true Hammill23... the problem of the deteriorating investment outlook is that fund rules prohibits the majority of institutions from investing in BMN shares even if they want to... and that rather noticeable lack of buying power despite the all the recent good news...could well be what is contributing to our low sp!

SA's junk spiral may deepen as S&P likely to cut outlook Nov 18 2019 07:00
South Africa could move deeper into junk territory as the nation looks set to lose the only stable outlook on its credit ratings this week.

In a Bloomberg survey, 86% of economists said Moody's will take South Africa to junk next year, compared with 27% who said in a survey before the mid-term budget that the country will be sub-investment grade by the end of 2020. More than half of those who now say the country will be sub-investment grade with Moody's in 2020 forecast it will happen within the first six months.

A Moody's downgrade would force South Africa out of the FTSE World Government Bond Index, which could prompt a sell off and outflows of as much as $15bn, according to Bank of New York Mellon. It will also raise borrowing costs and make it even more difficult for government to finance the budget.

"The agency has so far demonstrated an incredible, and frankly quite unjustifiable, reluctance to cutting South Africa's ratings to junk," said Cristian Maggio, head of emerging-market strategy at TD Securities.

"Confronted with a horrendous revision of all fiscal targets now, and in the absence of any significant positive revisions, Moody's will haven no option but to align with S&P and Fitch and cut the ratings."

https://messageboardfools.com/bashers.htm

knuttie... spot on buddy!

AverageInvestor... nothing odd about it in the least... capa has had the same story to tell and been investing like this every other week... since forever! It gets responses...

It’s typical trolling ‘click bait’ or if you prefer ‘ honey trap’... no insults will deter him... it makes him smile! It what trolls do!

All very reasonably put and above board... now he’s got you roped in! He not smiling now... he’s curled up in a ball laughing like the drain he is!

Mmm... capa has that certain unmissable style that never changes!

Changing the subject... I can see the idea of wanting to get away from having ‘battery’ in the title due to obvious connotations and perceptions of batteries having a short life... when in fact this does exactly the opposite and meets the ‘holy grail’ of never degrading even after over 25 years, maybe even 30 yrs of thousands of constant charging cycles.

Why would anyone outside the industry be interested in the differences between a solid state battery and a flow battery at first blush. Knowledge of that massive technical difference isn’t necessary, it’s what it’s function is and what it’s capable of is doing and how long it’s capable of doing it for would be more important to a customer than how it achieves it imo.

My choice would be to move away from either of the current descriptions.... VESS would be my favourite term... Vanadium Energy Storage Station.

redT energy storage
Nov 12
Great photo taken by one of our install team of a redT Gen 3 #FlowMachine being delivered to site in #EastAnglia earlier this morning. #EnergyStorage #Decentralised #Energy

https://twitter.com/redT_energy

Air Freight for huge volumes would be the best answer... short of laying undersea trans continental inter connector pipelines and pumping the stuff!

https://www.bushveldenergy.com/ up and running again!

... “having a corner stone investor on your team, allows you to shape the direction of said business and influence it in ways, that a strategic minority interest cannot”

Sounds just like YD’s cup of tea then!

... to give it its full name is a private company, it’s based in Oakland, California with engineering offices in Vancouver and a small production facility in China.

Highly likely that the Igas sell off at the end of last week was entirely due to leaking news that the government have suspended Fracking ... and nothing to to do with the appointment of BMO Capital as their broker.

No doubt very bad timing for BMO... but just shows the danger of making unsupported allegations/‘suspicions’.

Simple ‘Bad timing’ from BMO’s appointment as a joint broker for BM could also be the case. .

The sell off in ‘freaking fracking’ listed stocks... is sure to continue apace to tomorrow now that news has been confirmed

There has is obviously been a long, ongoing very strong business relationship between BM and Avalon.

If the merger between redT and Avalon fails... there is a very long way to go on that yet and there are no guarantees whatsoever that won’t happen... BM’s loan will not only convert to Avalon shares but it’s probable that redT would be delisted and fold.

With Avalon currently involved in their due diligence procedures and therefor gaining a very valuable in-depth insight and knowledge into all aspects of redTs business including contracts, contacts and assets and the merger fails to materialise... there could yet be another interesting twist and turn of events in this ‘space’ next spring! The prospects for BM in this merger seem to be assured all ways up, whatever whichway... and redT will be gone.

RedT shares will remain suspended from trading until the merger gets completed, lots of due diligence towards that end still yet to be completed... and nothing is expected till sometime in 2020 1st quarter.
For BM at the moment, these are two more building blocks being put in place for the future.

https://www.proactiveinvestors.co.uk/companies/news/906126/bushveld-to-invest-us5mln-into-avalonredt-as-it-launches-vanadium-battery-platform-906126.html

Bushveld to invest US$5mln into Avalon/redT as it launches vanadium battery platform
Bushveld will take significant minority positions in OEM groups with strategic involvement such as vanadium sourcing

Bushveld wants to to establish a capital pool that will be available to VRFB technology groups. 

Bushveld Minerals Limited (LON:BMN) is to provide a convertible loan of US$5mln to Avalon Battery Corporation to help it complete its merger with redT Energy PLC (LON:RED).
The investment will also kick-start the miner's owns vanadium battery technology investment platform.
Avalon is a North American-based vanadium redox flow battery (VRFB) manufacturer and the proposed deal with redT requires at least US$30mln of new funds to be raised.
Half of Bushveld’s funds will be lent to redT by Avalon to help complete the merger.
“The interim funding creates an investment in a prominent VRFB/energy storage entity with the potential to become a leading, global battery energy storage systems supplier,” Bushveld said.
This is the first time the miner has invested directly into a manufacturer of VRFB technology and the South Africa-based miner intends to set up a platform to funnel investments towards other VRFB manufacturers.
Bushveld will take significant minority positions in OEM groups with strategic involvement such as vanadium sourcing, though the day-to-day operations will remain in the hands of the management team.
 It also wants to be a catalyst to encourage additional capital from third-party funders to establish a capital pool that will be available to VRFB technology groups. 
This will also help hedge its position against future volatility in vanadium market prices, said the miner.
Fortune Mojapelo,Bushveld’s chief executive, added: "The energy storage market presents a sizeable commercial opportunity, potentially exceeding US$660bn by 2040 and significantly greater than the value of the vanadium supply opportunity on its own.
“The VRFB Investment Platform is an exciting new opportunity to directly access the massive upside in energy storage and support select OEMs.
“In addition, pursuing a wide array of partnerships with VRFB OEMs that cover supply, deployment and investment gives Bushveld many more options to unlock value through its integrated strategy.”