Member Info for nick26

It is the same pool of shares. Strate facilitates the access and processing of the same shares that you can buy or sell here in the UK.

Not at all. Think of it as a centrally held pool of shares that can be bought and held on either exchange. Strate is the facilitator of this, processing will be more efficient, and with both markets accessible to investors, liquidity should improve. Not sure why you think of it as a stock split.

Https://x.com/Mastermines_CN/status/1815972271611359623

From Noble Capital:

Largo reported 2023-1Q results generally in line with our recently-revised estimates. Revenues were a few million higher than expected, but so were operating costs, leading to operating income near expectations. Income tax expenses of $1.8 million on $0.7 million of pretax income were unexpected causing a $1.2 million net loss ($0.02 p/s) versus our expectations for breakeven results. We will seek clarification on the 268% tax rate during the upcoming conference call (5/11 at 1:00 pm EST, 1-416-764-8650).

Production and sales numbers lowered for the rest of the year. Management lowered annual production guidance to 9,000-11,000 tonnes from 11,000-13,000 tonnes. It also lowered sales to 8,700-10,700 tonnes from 10,300-11,300 tonnes and raised the upper range of its operating costs per unit sold projections. The declines were split across the second, third, and fourth quarters implying that the heavy rainfall in December that affected inventory may continue longer than expected. We have adjusted the numbers in our models to reflect updated guidance.

Https://www.bushveldminerals.com/wp-content/uploads/2023/05/BMN_CLN-refinancing-eases-balance-sheet-pressure.pdf

https://m.miningweekly.com/article/how-south-africa-could-have-21-new-mining-listings-2023-04-13/rep_id:3861

I saw this open letter on my twitter feed and whilst its not about BMN a lot of what is said resonates with the situation here.

https://mhmembers.com/good-communications-drive-valuations-some-thoughts-for-improving-sentiment/

https://www.energy-storage.news/world-bank-south-africa-could-play-significant-role-in-global-battery-value-chain-by-2030/

.."The report also highlighted that South Africa’s plentiful vanadium reserves give it the potential to develop a strong vanadium redox flow battery (VRFB) value chain. Bushveld Minerals is the main firm active in this space in South Africa, in both upstream and downstream through its ownership of VRFB firm CellCube."

A further 260MWh of VRFB production capacity could be developed in the country, CES estimated.

LSE does not like. w w w . research note . com (remove spaces)

Updated Spangles note: valuation 23p

https://*********************/companies/uk/industrial-metals-iron-steel/bushveld-minerals-limited/research/sp-angel/bushveld-minerals-interims-highlight-solid-production-at-vametco/7_2022092907390070729/82a25c6c-94cf-47e4-9ab6-dd18f08dd013

https://www.miningweekly.com/article/bushveld-positioned-to-generate-decent-cash-flows-on-back-of-unit-cost-improvement-2022-07-08

https://www.engineeringnews.co.za/article/eskom-signs-battery-contracts-worth-a-combined-r11bn-with-pinggao-and-hyosung-2022-06-22/rep_id:4136

https://invinity.com/battery-evaluation-concludes-succesfully-partnership-initiated-with-hyosung/

I contacted Eskom at the end of April regarding the tenders. They replied (within 24hrs) that they were finalising some details with suppliers and would update in a few weeks.

See: https://m.engineeringnews.co.za/article/eskom-aiming-to-unlock-1-000-mw-through-mpumalanga-land-lease-bidding-process-2022-04-12

No details have been published as to the companies or technologies selected but as my previous message this information should be forth coming in the course of the next few weeks

Daisydog - If you mean the Eskom BESS which was awarded at the end of March, I understand (from Eskom) that they are finalising some details and will update the market in the next few weeks!

The table was published in 2019 and was based on available data. Whilst we can only guess as to the technologies that will be selected I for one would be extremely surprised if VRFB's were not part of the solution that Eskom choose given all of the various statements made by key stakeholders.

just like individuals have a habit of spouting all sorts of crap and theories on bulletin boards.

I'm just pointing out that as at end of February, according to the Shareholder information published on Bushvelds website, that Dufereco had not sold

I have seen plenty of messages regarding Duferco (Grafton) off loading their holding. Well as of the 28 February they still held 66m shares exactly the same number as January.