Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
BBN twitter - on recent Invinity holdings RNS
https://mobile.twitter.com/BigBiteNow/status/1375353849158963201
I think they have also decided to drop below the first right refusal to supply product? I think it was guaranteed for the first 2 years and then Bushveld needed a minimum of 5%.
Is our supply going to be going elsewhere therefore needing to keep the 5% seemed unnecessary? Hopefully the silence regarding Enerox will reveal something soon.
Hi All,
Did not have the time to tune into the meeting frustratingly.
Did they say if they would be making the video available later?
Anyone have any favourite highlights?
Thanks
Thanks
Such an exciting period of time is now upon us. ESKOM news is due soon and we have Vanadium prices increasing.
I am finding myself constantly looking at the share price and this amazing chat board just like I did back when we rose all the way up to close to 50p.
Thanks DBB - much appreciated
Hi DBB,
Interesting! So GS were unchanged and YD were barely different.
Were there any noticeable movers / shakers you are able to share please?
Thanks Colt45,
I appreciate the reply.
Hi Colt45
May I ask what the general view / vibe you are getting from your contacts are re YD / OT? Still positive?
Thanks Nickderby - that makes sense!
If we were to use the % on the Bushveld Minerals H1 2020 presentation - the % has changed from 2.75% to 2.62%
Hi Macanman,
That is what I am seeing too. I have kept the October figures and they are the same as November.
So it seems it happened between Sept & Oct. Faramog if you look on the Bushveld website the presentation for H1 shows director holding and you can see the 1.5m drop.
I feel auto battery pretty much sums up everything we need to know.
Hi Everyone,
Hoping someone can either advise or point me in the right direction re the below. The first part is more a general understanding point and the second part is more around what peoples thoughts may be.
BMN were able to nominate Rajat Kohli to the Invinity board in June 2020. Rajat will remain on the board until June 2021 as our holding remains above 5% (used to be 8.71% and is now currently >7% I believe). If we were not to increase our stake to 10% is Rajat automatically removed from the board?
Second part:
What are peoples thoughts in regard to us pursuing a 10% holding in IES or even a 20% holding (for two member of the board)? This may be naive but I find it interesting that this was part of the initial deal unless there may have been a desire for us to try and get a bigger stake.
Apologies long post - but any thoughts are welcome.
I have to say that Largo nailed the announcement and the market reaction is fascinating.
The use of the word "Clean" cuts to the point and is something that people will notice even if they know very little about VRFBs or Vanadium
Largo Clean Energy – A Leading, Vertically Integrated Renewable Energy Storage Provider.
We all know where BMN is going and clearly there is appetite in the market for what we already offer. The rewards are due here.
Hi Everyone
Quick question. Were Yellow Dragon and the Orange Trust linked?
I believe a number of months ago there was a mention of a transfer of shares between the two entities?
23 October 2020
Bushveld Minerals Limited
("Bushveld Minerals", "Bushveld" or the "Company")
Exchange Control Approval received for US$30 million Production Financing Agreement with Orion Mine Finance
Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage provider, with ownership of high-grade assets in South Africa, is pleased to announce receipt of Exchange Control authorisation from the South African Reserve Bank Financial Surveillance Department, a key condition for the completion of the US$30 million Production Financing transaction with Orion Mine Finance ('Orion') announced on 30th September 2020.
The remaining material conditions outstanding before completion are:
§ Execution and delivery of certain security documents to Orion;
§ Provision of certain legal opinion(s) in relation to the Borrower and each of its guarantors; and
§ Agreeing revised terms or prepayment with Nedbank in relation to the Nedbank Financing (including all amendments required to the Finance Documents in a form approved by Orion).
For further details of the Orion agreement refer to the Bushveld Minerals announcement on 30th September 2020.
Fortune Mojapelo, CEO of Bushveld Minerals Limited, commented:
"Exchange Control authorisation from the South African Reserve Bank Competition Commission marks a key milestone in completing this transaction. Progress is being made in respect to the remaining conditions and we will update the market accordingly."
BigBiteNow active on twitter - thread link below of his thoughts from the interview:
https://twitter.com/BigBiteNow/status/1318498194196697089
Brilliant interview by Fortune imo.
Highly recommend all holders / prospective investors give it a listen when they have time!
7 minute onwards a nice bit of context surrounding the financing. "Reluctant to do an equity placing at a share prices which we felt does not really reflect the value of Bushveld Minerals".
17 MInute onwards - a nice summary of what to be excited for in regard to the future.
Okay it was PB940 who had contacted Chika on regard to the second electrolyte plant:
RE: Maybe not another electrolyte plant11 Sep 2020 09:13
Just had a response from Chika which says;
'The person that posted the information made a location error'
Fair enough, seems amazing that they managed to make a location error that happened to be one of the other sites considered for an electrolyte plant but I'll take Chika at her word and to be honest appreciate that they've engaged with me as it's not always possible to communicate so easily with Bushveld.
I've asked that she gets them to update the project on the L2B website to prevent further confusion.
Yes I am confused by this. I thought Chika had advised this was an error but if it is in fact a genuine 2nd eletrolyte plant then that is very exciting!
Gambit was it you who had contacted Chika re it?