Member Info for Lindon

Https://www.bushveldminerals.com/about/shareholders/

SHAREHOLDER NUMBER OF ORDINARY SHARES % OF ISSUED CAPITAL

1 Hargreaves Lansdown Asset Mgt 281 627 501 21.88

2 Interactive Investor 256 752 362 19.95

3 Halifax Share Dealing 148 616 692 11.55

4 A J Bell Securities 79 085 095 6.14

5 Orange Trust 72 902 657 5.66

6 Barclays Wealth 45 326 586 3.52

Bushveld Minerals Ltd. Director & Related Holding(s) 16 589 603 1.29

Major Shareholders as at 30 June 2023

*sale

@uksteveg, they’ve stated in the past that they expect to have to keep funding the ELZ plant for a couple of years while it ramps up and that will have been allowed for. I doubt Lemur is costing much. I think we have to hope this Arcacia sake, which has obviously been in slow progress over the last few months to avoid unstabalising the market - is a capital raising exercise to help fund Enerox once the MUST relishing exercise gets approved. Once that goes through we might hear more about some offtake contracts coming into existence.

When a major holder gives their broker an instruction for disposal - they are only required to notify the market once they have fallen through one of the % notification levels/ benchmarks - and the total number of shares held in the disposal exercise has been completed.

Of more importance is the company (FM) would have been well aware of the consequences of one of their founding members and major stakeholder had decided to bail out and close down their participation in the future of the company as soon as that decision was made.

24th July 2023

Planning permission has been granted for the world’s largest battery energy storage scheme to be developed in Manchester, with Carlton Power aiming to have the 1GW project entering commercial operation in 2025.

Carlton Power has secured planning permissions for the 1GW battery energy storage scheme (BESS) from Trafford Council.

The 1040MW project, with a production output of 2080MWh, will be located at the Trafford Low Carbon Energy Park in Greater Manchester. The £750m project will strengthen energy security in the region and dwarfs the current largest BESS in the world – the 400MW Moss Landing Energy Storage Facility in California.

Yeah - and sad that according to the RNS, this year the AGM will take place in August LAST year! The new ceo needs to get rid and clear out this unrelenting and continuing level of incompetence . Way beyond time!

5 July 2023

Bushveld Minerals Limited

("Bushveld Minerals" "Bushveld" or the "Company")

Posting of accounts and notice of general meeting

The Annual General Meeting will be held at 12 noon on 2 August 2022 at Oak House, Hirzel Street, St Peter Port, Guernsey GY1 3RH. The Annual Report is available on and can be downloaded from the Company's website: http://www.bushveldminerals.com/financial-reports/ and the Notice of General Meeting is also available at https://www.bushveldminerals.com/general-meeting/.

Well said Ben.

London South East IR Webinar

23 May 2023, 6-8 pm

Andrada Mining, Challenger Energy,

GoviEx Uranium Inc.

We are delighted to announce our Natural Resources Webinar takes place on May 23, with speakers joining us between 6 pm/8 pm

• Hear the latest about Andrada's final results from the tin, lithium, and tantalum infill drilling programme at the Company's flagship operation, the Uis Mine, once the world’s largest open cast tin mine.

Date & Time May 23, 2023 06:00 PM

Description we are delighted to announce our Natural Resources Webinar on May 23, live 6 pm/8 pm.

Anthony Viljoen, CEO, Andrada Mining

https://us02web.zoom.us/webinar/register/2016831216483/WN_cos7b3ffToOE_hQc6BgQmA

Full-year targets remain within reach after mixed Q1.

Weather-related disruptions and a decision to undertake maintenance whilst drawing down on inventories resulted in a Q-on-Q reduction in output in Q1 2023, though costs remained under control and sales rose on the inventory draws. With more reliable power supply now being realised at Vanchem and a new third-party source of low-silica ore feed expected to improve recoveries there going forward, Bushveld anticipates rising group production rates as 2023 progresses and thus remains confident……….

https://*********************/companies/uk/industrial-metals-iron-steel/bushveld-minerals-limited/research/alternative-resource-capital/full-year-targets-remain-within-reach-after-mixed-q1/97fb8875-8df8-4594-abb8-7aaaf1446108/d8162848-11ca-49f7-9b95-c0b42c62cdf1

@bonxie, Wogan are BMN’s shipping agents, they have a Sales and Marketing Agreement with Wogen Resources Limited.
Wogen market Nitrovan globally on an exclusive basis, with the exception of Japan and Taiwan, those markets are covered by Sojitz Noble Alloys Corporation, a minority partner of the Strategic Minerals Corporation.

RBC Note:

Bearish Today.
Bushveld Minerals* (Sector Perform 6p to 7p)
*Q1 results - it's a miss - driven by heavy rains and maintenance shutdowns

*Q1 23 production of 943mtV was -23% vs RBCe of 1,219mtV

*Q1 23 cash costs were reported at $25.9/kg +6% vs RBCe of $24.5/kg

*Q1 23 sales of 1,028mtV were -24% vs RBCe

Fasts: we reduce our FY23e production vols by 5% to 4,191mtV to acc for weaker Q1

That said, lower production volume estimates are offset by better prices and weaker ZAR leaving FY23E EBITDA unchanged at $12m

A weaker ZAR increases our NAV by +29% to $238m - hence our target goes up to 7p
In the short term we suspect power availability and balance sheet concerns ($39m convert maturing at end of 2023) will weigh... but if they can navigate those then in th elonger term the story provides a unique exposure to Vanadium, a mineral critical for the energy transition.

This note is just a carrying over of the misprint from the last one. Should read 7pence (6 pence)

27 April 2023, 09:38Source - Alliance News
SMALL CAP
----------
RBC raises Bushveld Minerals target to 700 (600) pence - ’sector perform’

https://www.sharesmagazine.co.uk/news/market/1682584708947187300/london-broker-ratings-reckitt-price-targets-raised-ocado-is-hold

@HaleSpur, yes, that’s exactly what we need. But no one in the western world, outside of China, currently has the capacity to produce battery units in anything like the huge numbers required to enable winning large VRFB contracts. And with China expanding into several huge VRFB projects, they will have more than enough on their plate in satisfying their own demands. Even the BMN consortium recent $30 million investment only increased CellCubes output to to a paltry 30mwh.
Following the ability to provide electrolyte in-house, battery manufacturing and assembly capacities now surely have to be the next progressive building blocks to be installed in the vertically integrated story so we have a realistic chance of winning some of the large BESS grid scale contracts, rather than just smaller scale hybrid mini- grids.

Unless some bemoth pops up out of the woodwork with ideas and funding to develop a new mine, Mokopane is way down the list of things to get done over the next few years and will remain on the back burner imo.

The first major capex required after strengthening the balance sheet and sorting the debt repayment issues is their stated 5 year phased plans to fund a c. $150 million existing processing capacity increase. We also know they are planning for the ELZ plant to require additional funding for a couple of more years to allow it to ramp up to its full capacity.

“but like many I’m concerned about 4p breaking”

With the next update now falling due and one that’s expected to be very positive … I don’t think there’s many who are sufficiently concerned to keep posting about that marc001. Only those running some shorts doing some wishful thinking perhaps?

At this moment in time with a recognition that CellCube needs a serious amount of funding, it’s really not practical or even useful to try to guess what it maybe worth until the MUST rto prospectus and related BE carve off plans for the future are released. The one thing that is clear is that any worth to BMN will come from being a shareholder, it’s not planned to be a part of the main mining business.

April 18 2023
The Minister of Forestry, Fisheries and the Environment, Ms Barbara Creecy, has launched the public consultation on the intention to exclude the development and expansion of solar photovoltaic (PV) and battery storage facilities from the requirement to obtain environmental authorisation. Read more…….

https://www.greenbuildingafrica.co.za/south-africa-environment-minister-applies-to-excempt-solar-pv-projects-from-certain-environmental-requirements/

@LukeC4… Fastmarkets usa reported spot prices have been hovering around the $40 + mark, although somewhat below the FM’s $45 he called a “ sweet spot” a few years ago, its still a reasonably good average and benchmark for BMN’s cash position, although that depends on its actual realised sale prices, not spot prices.
One thing we now know from IR for certain - the purchase price is paid up front and prior to shipping, so due to the circa 6 week shipping/landing lag, anything landed this month will have been paid for in 1Q and of course, shipments landed from January 1st through to early February will be counted in the audited full end of year cash position results.

Know what you mean Sharesahoy, but it’s probably still a bit of an unknown at this time, they have to complete the feasibility study first, and then may have to go out for tender for the BESS?

However … as this is Cape Town and so very much a home grown project and will almost certainly need a very long duration BESS solution to meet the intended needs, a VRFB solution maybe seen to be the most likely choice.

Imo, although we’ll once again have to wait and see what develops, it’s surely becoming more and more obvious that a large capacity VRFB manufacturing and assembly facility is desperately needed, one that is capable of churning out large quantities of VRFB units if they are ever going to be able to compete for larger scale projects with other more well established BESS solutions. They now got the nectar coming on tap, they now need a way of providing the huge numbers of units that are required to pour it into!

The City of Cape Town will design, build and operate a R1.2 billion solar PV plant with battery storage capable of providing up to a full stage of load shedding protection.

https://www.esi-africa.com/southern-africa/cape-town-announces-plans-to-build-and-operate-a-r1-2bn-solar-plant/?utm_campaign=ESI23%20-%20Weekly%20newsletters%20-%20Wednesday&utm_medium=email&_hsmi=70902910&_hsenc=p2ANqtz-_vjsKXO3W_cjzomvt-3EQcXAFp5Tk7nxkkEN2cJmEwtqyA1c9yxeYk3uYYmLzK-xq8j8xq4pnL2cuLli2n88uW0T5d0A&utm_content=70895651&utm_source=hs_email