Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We have basically bought Enerox and bits of Avalon/redt (If it goes thru.) So that should secure our pipeline independent of Eskom in EU/USA...
I assume Enerox have their own facility to produce electrolyte?
Enerox, Avalon and Redt, all in trouble b.c of high vanadium prices last year, which are now on the floor, but these things have a timelag. So we will win either way. If it's stays low (which i suspect), on battery side, high, on vanadium side.
Even if the board only deliver on a 1/4 of their pipeline, (moko, vanchem/vametco expansion, brits, electrolyte +power+tin) even if late.
If we take over Enerox, are the management team staying in place?
Also what is known about the projects that are in the pipeline for Enerox?
What capacity would we have to ramp up to deliver a storage project for Eskom, even before facility in east london is ready? Where are Enerox's electrolite production facilities? Anything that is known in more detail would be great.
Was waiting for Vanchem as the next big thing. Didnt really believe Mokopane would land after waiting for so long. (At least not without a 'Golden handshake' in the corrupt places which BMN wont do) Pleasant suprise. And then the YD financial arrangement and now this to get leverage so as not to further dilute, and be ready for Vanchem, Mokopane and BE expansion all at the same time. And taking advantage of the price enviroment to get a good deal. And I dont understand why people get bothered when people makes comments. I know who will be happy a few yrs down the line. Just a shame i dont have any spare cash after todays top up at the perfect time...
Being quite new to this, can someone explain what happens to the current shareholders with the new listing. Do we become automatic shareholders in new shares, do we get diluted, or do the holdings get sold and payed out?
Great work to everyone involved, to all the informative posts, my engineering professor who had us do a project about battery storage where I learned about vanadium and of course the management team and all the employees of BMN for their hard work in making it happen.
If brits can produce the same 5000 that vametco is predicted to, surely it makes more sense re economies of scale, existing infrastructure etc to just double the production capacity there. I would guess this would take less time and less capex. And may provide more financial backing if a move on mokopane is to go ahead.