Member Info for Nickderby

Unfortunately not much detail, but sounds generally positive.

'European vanadium prices softened in the week to Friday August 3 amid profit-taking in a slowed summer market, while the US and Chinese markets continued to be supported by tight supplies.'

https://www.metalbulletin.com/Article/3825640/Vanadium/GLOBAL-VANADIUM-WRAP-European-vanadium-market-softens-on-profit-taking-with-consumer-demand-absent.html

Faramog, I don't think fund raising is too much of a concern.
Even if share capital doubled up to 1 billion, the profitability here would easily justify 15p to 20p per share.

I like this quote, 'Tantalite, which makes up 10% of the concentrate, sells at $180,000/tonne'.
That will work wonders for the economics of the project.

Sales of by-products and lowest quartile production costs will ensure that profitability here is excellent once full production commences.
'Proven gravity-based processing methods yield robust economics'.

Tin in a supply deficit, that reminds me of another investment....

Bring on full production!

A few points about our under the radar tin champion.

Uis has the largest source of conflict free tin in Africa.

Uis has a non-JORC compliant resource of 73 million tonnes at 0.136% Sn with an additional 2.7 million tonnes at 0.015% Ta2O5.

Uis used to be the biggest opencast tin mine in the world.

Existing pits are open ended at depth and along strike.

The Uis resource is differentiated by being exceptionally coarse grained, opening it up to high efficiency processing and low comminution costs. Separation tests show Sn recoveries >85% at concentrate grades of >67% Sn.

Other potentially viable metals include tantalum, niobium lithium, beryllium as well as muscovite.

Tantalite, which makes up 10% of the concentrate, sells at $180,000/tonne!

Proven gravity-based processing methods yield robust economics.

'The tin market has been faced with a consistent supply deficit over the preceding years and it is forecast that the global tin market will remain in deficit to 2022 as a result of increasing regulations in producing countries and depletion of ore reserves.'

Blue chip/strategic Institutional investors are on board.

Mining licenses are in place.

Production expected in Q4.

Low production costs, therefore price fluctuations are less important.
'As we move into Phase 2, we want to be in the lowest quartile for production costs' - A Viljoen.

More exploration is taking place, which will make our resource even larger.

Proven management team.

Namibia is a very stable and mining friendly country.

'You’ll struggle to find a project with lower capital intensity,' says Viljoen.

'Given that most of the world's major tin mines are now operating underground, production from Uis should show up towards the bottom end of the global cost curve. There will also be useful credits on offer from the tantalite, beryllium and niobium that’s also contained in the ore.'

'As the ramp up develops, Viljoen reckons AfriTin's revenues will rise to a handsome US$60mln per year, supported by that ever-present increasing demand for consumer electronics.'

http://www.proactiveinvestors.co.uk/companies/news/187301/afritin-planning-for-annual-revenues-of-us60-mln-from-namibian-mine-187301.html

'Our belief is in getting returns to shareholders as quickly as possible and cash flows are the best way to do that,' - Anthony Viljoen.

http://www.miningweekly.com/article/first-tin-concentrate-to-market-q4-afritin-2018-07-30

Also, we have a brownfield tin portfolio in South Africa.

Market cap around £16m.

Bargain! :)

Fb, the 500k, 300k and 200k are mine.
Plus another two 500k's to come.

I’ve been mopping a few up today. 2m to add to the holding :)

Just had another 500,000 at 2.895p.
Production on its way......bargain!

FeV price is still looking very good.

https://www.vanadiumprice.com/chinese-fev-export-price-range-enlarged/

Clarkg, that's what you call perfect timing :)
We will probably see a decent sized delayed buy around 13.08.

Wow, see what I mean!
Didn't expect it that quick, lol :)

I don't think it would take much buying to get this moving into blue territory.
Max buy at 26.2p is 75,000 shares, then for 100k shares they're asking 26.53p.

Daitom, I obviously read your mind! :)

The last 7 sells are actually buys.
Now 26.37p to buy.

Headancer, I don't think it ever changes.
I just looked at RIO and as I type they are up 13.5p on a share price of £39.20.

It's worth saying for a third time...

MN states that $10 billion can be realised locally on a yearly basis.
Wow!

‘With the potential VRFB market valued at an estimated $70-billion, according to Bushveld Minerals’ latest annual report, about $10-billion of this can be realised locally on a yearly basis, Nikomarov pointed out.’

Now we know why MN says Bushveld Energy will be much bigger than Vametco.

‘The African continent, as well as the Middle East, and India, are among the first global geographies that are being targeted for supply of the VRFBs from a South Africa-based supply base and supply chain.’

I am very much looking forward to the Bushveld Energy business model and cash flow capabilities and valuation news to come in H2!

'Exciting times ahead' seems like a slight understatement! :)

http://m.engineeringnews.co.za/article/energy-access-solution-lies-in-adopting-vrfb-technology-in-renewable-energy-nikomarov-2018-08-01/rep_id:4433

I'm being quoted 26.5p to buy, 0.2p over the quoted offer.
Definitely a tree shake.

I'm being quoted 26.8p to buy.
26.55p to sell.

Worth mentioning again... ‘The African continent, as well as the Middle East, and India, are among the first global geographies that are being targeted for supply of the VRFBs from a South Africa-based supply base and supply chain.’ ‘With the potential VRFB market valued at an estimated $70-billion, according to Bushveld Minerals’ latest annual report, about $10-billion of this can be realised locally on a yearly basis, Nikomarov pointed out.’ Incredibly exciting times ahead! :) http://m.engineeringnews.co.za/article/energy-access-solution-lies-in-adopting-vrfb-technology-in-renewable-energy-nikomarov-2018-08-01/rep_id:4433

http://www.engineeringnews.co.za/article/energy-access-solution-lies-in-adopting-vrfb-technology-in-renewable-energy-nikomarov-2018-08-01/rep_id:4136

All regions are looking very healthy. China $80 - $83 per kg (26/7). Europe $81 - $83 per kg (20/7). US $85.8 - $86.9 per kg (27/7). Add on our Nitrovan premium and things are looking even better! :)

Libero Quarterly report showing production increasing and higher vanadium prices, reduced costs - due any day. Half yearly report - profitability significantly improving as the vanadium supply shortage keeps growing - due by the end of September. The acquisition of the Sojitz minority holding in Vametco increasing our share to 70%/74%. Mokopane mining licence. Mokopane news of early revenue generation. Brits vanadium drilling news, very high grades expected, thereby reducing Vametco production costs even further. Brits vanadium JORC. Bushveld Energy business model cash flow capabilities and valuation details! Bushveld Energy contracts. Eskom VRFB news. Electrolyte production news. FeV prices rising and production increasing further. Brownfield acquisition (Vanchem?) to increase our production capacity further. Imaloto coal BFS. Imaloto coal platform sale/spin off. Dividend policy information H2. Johannesburg listing. Etc! DYOR of course :)