Member Info for Maninshed

Evans-Pritchard in non Cassandra mood in today's Telegraph discussing the switchover from fossil fuels to renewables.

https://www.telegraph.co.uk/business/2021/05/20/ieas-damascene-conversion-net-zero-makes-us-richer-cuts-energy/

Contains this small passage:
'Rural Africa leap-frogs beyond the old model. It does not need coal plants with a centralised grid and miles of pylons, or diesel driven hours into the bush at ruinous cost. It goes straight to micro-grids based on solar power and batteries, getting cheaper by the day'.

If only there was a company we could invest in with the foresight to make this development a reality.

The article cites Ceres as competition for the new company but it also mentions the power generator market.
https://www.telegraph.co.uk/business/2021/05/16/fuel-cell-developer-charges-200m-aim-listing/

5.02 % down to 3.83% over the last 5 weeks.

Not sure if this was put on the board. From 8/5 but the water companies mentioned ring a few bells.

https://www.telegraph.co.uk/environment/2021/05/08/sewage-waste-become-green-hydrogen-fuel-water-company-trials/

https://www.investegate.co.uk/bushveld-minerals-ld--bmn-/rns/unprotected-industrial-action/202104190842158675V/

Wow! How big is this market?
Years ago there was an MOU with a data company, N something or other. Like many MOU's in the past it came to nothing but this looks far more solid.

https://www.investegate.co.uk/afc-energy-plc--afc-/rns/fundraising/202104160700056628V/

Yes, for use with fuel cells, some of which were originally conceived and developed for stationary generation.

Reads like that Lutra. I didn't think it would contain fuel cells from the picture alone. I can remember the idea of an AFC power station being described as looking just like a garden centre!
The idea that the only way you can generate energy is by burning things is taking a long time to die. Sounds very expensive as well.

This was from the Q1 update, May 2020, the last reference to Lemur that I can detect.

'Engagement with potential lenders for project finance is still ongoing with the objective of achieving financial close now expected to occur within twelve months.

Lemur is in continued discussions with Sinohydro, a subsidiary of state-owned Powerchina, and other potential strategic equity investors for the implementation of the Imaloto power project'

Still within the timeframe set back then so we might hear something soon. Covid might delay it further but the pandemic was well under way when the announcement was made. I can't help feeling though that this project has been caught out by the pace of change of investor sentiment towards green energy and away from fossil fuels. It also feels a bit like the embarrassing elderly relative in the Bushveld family.

Not sure I've seen this site on this board before but useful for ownership stats.

https://www.barrons.com/quote/stock/uk/xlon/bmn?mod=DNH_S

Law of Diminishing Returns in action.

'migratory growth investors' is a brilliant euphemism for the herd!

Some of us find it frustrating to see HS2 full stop!

Sounds pretty well as Haggis described it.

New Eskom contracts being announced early this year. BMN are hoping for some action with a solar/ vanadium flow battery combination.
Room for both fuel cells and batteries as SA tries to wean itself off coal.

Vanadium price is helping

All my shares are there, just that BMN are priced at zero. They do have a note up now saying they’re having a problem with their price feed.

I suspect - so long and thanks for all the fish might be the outcome!

We might even save some money as well.