Member Info for notsosmartmart

Thanks gain Alpha - Share dealing is such a fascinating business, even if somewhat murky at times.

Alpha, cheers. Am I correct in thinking then that the negative buys indicated the restatement.

Alpha - around the same time there were 3 negative "buys", which I assume are sells, totalling 450K. The negative "buys" (sells) were valued at 91.18K whilst the 450K buy cost 91.17K. A quick if risky profit of 1K less fees. Does my thinking make sense or I am totally off track. All comments are welcome.

SloppyGuiseppe - Just as and addendum to your post. I read an ABN-AMRO report, some 18 months ago, that stated each BITCOIN transaction consumed 2KWH - a figure that I thought sounded almost unbelievable. I say "almost" because subsequent Google researches I made turned up a number of widely varying estimates. However all the ones I found
exceeded ABN-AMRO's. Try gaggling "BITCOIN AND CARBON FOOTPRINT and see what comes up.

This just came into my inbox. Most of the article details what many here already know together with a snippet on V production and consumption. All the same it's good to see such an article in the trade press specifically about VRFB

https://www.miningreview.com/energy/shining-a-light-on-vrfb-for-energy-storage-applications/

Sorry, I should have said £348 in Debt...........Hmmmmmmmm

To be absolutely straight I have been out of CEY for some months now, waiting for a buy back in opportunity (sadly the summer SP rise caught me napping). But for what it's worth I looked on HL for the Endeavour SP on November 22nd (the Endeavour SP fix date). On that date each Endeavour share was CAD$23.6 at and exchange rate of £0.58 for one CAD. This pitches the offer price at £1.16/£1.16 for each CEY share. To get to say £1.50 per CEY share Endeavour would have to offer 0.1095 shares per CEY.

Also Endeavours last quarter report put them at CAD$348 in Debt...........Hmmmmmmmm

RK Everybody knows Australians live upside down, may be that's the reason.

I am hoping (believing actually) that BUSHVELD morphs into a Cash Machine.

RK - A good idea. Might be worth repeating every month or maybe quarter just to see if the BMN/VRFB story is spreading amongst PIs

Very very funny. Landlord another pint t of Boltmaker if you please.

Same in Ontario Canada. Turn right on red if no traffic/pedestrians are coming is just plain common sense. Now 4 way stops I am not so sure. About. KK I suspect that when the light turns green it might just happen in a New York minute. Hence my reluctance to trade, I will just keeping holding.

Sorry for the grammatical errors. From my smartphone whilst sitting in a Pub

Nice summary RK. I have also read elsewhere where that VRFBs can also charge and discharge at the a same time whilst LIONs can't. Might be a useful plus in some situations... Any comments as to the accuracy of the above will he welcome.

Yep just re-read the RNS. Apologies for my hasty thought. I must learn to curb my excitement.

Maybe that's why Fortune got the price reduction. Just a thought... Either way things the BMN news of the last few days is very encouraging.

Prof Kelly is a member of the Board of Climate Science Denial Campaign Group. He is a Scientist by training but also claims to be an Engineer.

Now it may be true that in the public’s mind the debate about CO2 climate change is settled but to be fair it is also equally true to say that in some parts of the SCIENTIFIC community it is not.

Be that as it may, as far as Solar/ Wind/Wave Energy and storage concerned their are other benefits familiar to all of us here. That is to say a practical ENGINEERING solution to providing a source of localised electrical power to a rather large percentage of the Planet’s population for whom conventional Nuclear/Coal/Oil/Gas powered stations and their infrastructure are not economically viable. The possibility that this technology could provide power on tap to such a huge Market makes it worth owning a few shares in BMN and it's peers.

Apologies that should have read - "the storage system technology has NOT been proscribed"

More detail on that here. The tender is "technology-agnostic" which I take to me that the type of battery/energy storage system
has been proscribed by ESKOM. There is also a local content requirement of not less than 20%. What with BMNs vertical integration aspirations this sounds promising. Of course its not a given but still very promising. https://www.greentechmedia.com/articles/read/south-africas-eskom-preparing-first-large-scale-battery-tender

True, 12 months ago would have been better. But I suppose the spike in vanadium prices at the back end of last year together with the pre announcement negotiations for the, now failed, sampling programme may have given the board some hope. If a deal is struck with a third party to buy part of IRON'S resources then no cash call, but then IRON will still be stuck in pergotory with no light at the end of the stope. If IRON is bought lock stock and barrel the value of the stuff in the ground is by my reckoning 3.3p however the new owner would have to stump up the capex and operate the mine so a final price may be nearer 1.5 than 3.3. Please challange my figures and reasoning as this post is very much off the cuff.

My recollection is the last cash call should keep them going until November. With part or all of the business up for sale I doubt they will come to us again, unless of course all of the prospective buyers pull out after Due Diligence