Member Info for loudspeaker

We know vametco isn't affected by load shedding
We know an agreement has been negotiated with Eskom to mitigate the affects that loadshedding has on Vanchem.
We know that BELO is coming online H1.
We know we own 25% of Cellcube.
We know that FeV in the US has averaged $43 per kg in Q1.
If all these thing's are confirmed in the Q1 update with no curve balls a record production and sales for Q1 is highly likely.
If this is the case you won't be buying at 4p.
On the AIM you have to be ahead of the herd to make money, not in it.
Never invest what you can't afford to lose, this is a big problem in this cesspit market.

Vametco is not affected by load shedding.
BMN have negotiated an agreement with Eskom for Vanchem although it is still affected on some days.
Vanchem has backup diesel generator:s which obviously increases production costs as detailed in the last update but the the price of diesel has dropped significantly over the last 4 month's and the Dollar v Rand is still over 18.
FM really needs to update us on this asap as the fear factor has set in and is spooking the weak hands.

Yeah google finance shows a spike up to 19 then straight back down...weird.

Just hit 19.

There's an old saying
" non player's off the green "
Jeez , does that apply to the majority of the scumbag trolls who post on this bb....you know who you are.
ffs get a life you ssf's.

I somehow get the feeling that the non invested and trolls don't like that video.

The tide has gone out today, and its obvious who's swimming naked.
dyor

https://youtu.be/rF1GBXCZRwE

"Belco is expected to produce about a million litres of vanadium electrolyte before the end of this year, Nikomarov said."

https://twitter.com/Mark_Hill1/status/1646250110353911814?t=wOCCNZw-mUweXYsqUtBhoA&s=19

If you the MUST RNS right through to the end .

About Enerox
EHL is a special purpose vehicle which holds the entire issued share capital of Enerox, an Austrian-based vanadium redox flow battery ("vrfb") manufacturer. Enerox has invested more than 20 years of research and development into its energy storage system which is branded under the name CellCube. Its vanadium-based technology is known to be state-of-the-art in the battery market and has already deployed or is currently deploying more than 130 systems / 43 MWh across 5 continents. In the preceding 12 months Enerox has announced 5 new orders for 34 MWh, which includes a 16 MWh battery to an Australian based renewable project developer - Enerox's largest battery order to date.

CellCube designs and delivers sustainable and cost-effective energy storage solutions for microgrid and grid scale-applications. The CellCube brand is a leader in an energy storage eco-system and has developed a reputation for client service, system reliability and technical innovation. It has a stack and system production capacity. It is focused on large commercial projects using the new generation FB 500-2000 technology.

Dean Gallegos, the Managing Director of Mustang Energy, said: "The opportunity to take 100% of Enerox is an exciting and welcome opportunity for our stakeholders. The simplified ownership structure will allow our investors to obtain transparent value for the underlying energy storage assets. Thanks to Enerox's research and development initiatives in the energy storage sector, and its state-of-the-art vanadium-based technology, CellCube is a market leader in the vanadium-based energy storage sector, a sector which is increasingly being recognised as a critical component of global efforts towards net zero emissions."

"We are delighted to have reached this agreement with Garnet and look forward to working with them and our other stakeholders to conclude a reverse takeover which we believe will be value-enhancing for our stakeholders to participate in and have exposure to a much-needed solution within the green energy field. The board continues to explore further investments in the energy storage value chain and renewable energy projects development space in line with its articulated strategy."

Imo using FeV 80% as a metric is no longer a true guide as to the profit margins BMN are making.
Vametco produces almost 100% Nitrovan which is almost 40% more efficient them FeV 80 and Vanchem has a diversity of V205 , specialist chemicals and various oxides of higher purity that command much higher prices .
One of the reason's that I stopped publishing daily FeV prices from the various sources that I had gained access to over many years of tracking

From RNS.

"The vanadium price is based on the FeV mid average price for the period, published by LMB for sales to Europe, CRU Ryan's Note ("CRU RN") for sales to the United States and Asian Metals for sales to Asia "

Note: LMB is now Fastmarkets.

I have tracked Vanadium prices for nearly 10 years.
Investing,.dot com and Vanadium price dot com get their prices from Asian metals usually with a delay of around 12 to 24 hours.
If you want accurate daily Vanadium spot prices from the likes of Fastmarkets and CRU Ryan's note, you have to pay for it.

2.5 GW of #renewableenergy projects registered with @NERSA_ZA in Q1 2023. 1.3 GW registered just in March, after 1.1 GW in Jan-Feb.

https://twitter.com/***lorTIPS/status/1643906563281698816?t=HCeFlfdNJFYdcPwciuayZA&s=19

https://twitter.com/AndreaHotter/status/1641006734025146369?t=fRN_ACJbp9P-7Ns2v2b6SQ&s=19

https://twitter.com/AndreaHotter/status/1641007519613976579?t=ql_CkJ6y2nIaQhDMsKYvPA&s=19

https://www.businesslive.co.za/bd/national/2023-03-26-retrofitting-old-coal-power-stations-too-costly-says-gordhan/

Currently 18.97.

Maurice.. you know I did.

@HarChris... What the trolls fail to mention is that a lot of investor's ( not them ) made life changing amounts of money with BMN during 2017/ 2018.
Timing is everything when investing, sometimes you get it wrong, sometimes you get it right.
The catalyst for the rise was the new Chinese re-bar regulations, and they were delayed nearly 12 months, (can't say they had no prior warning), but investors still didn't understand the implications it would have on the Vanadium market. ( it's too good to be true they posted)
The same will happen with VRFB’s in the energy storage market.