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I don’t believe there are any rioters on the Bushveld complex interrupting our mining operations. Lets keep it in perspective SA is a huge country and what is happening in major cities does not effect our company’s operations.
An accumulation of about 600,00 sales for the last hour of trading and the rise in the share price held all day even got higher at the close. Perhaps Pdub is right and the share price is on an upward trajectory. Fingers crossed.
Is the key to this company attaining its potential in renewable energy. If the South African government supports the installation of vrfb’s on the grid and uses vanadium as its battery source then Bushveld has a very bright future. If the SA government does not support the vanadium industry then Bushveld in my opinion will struggle to obtain its potential. Lets hope the government and businesses in SA fully support vrfb’s.
Al Jezzera reporting that Argentina will be pushing the mining of lithium to boost its economy and helping to meet its climate change renewable energy targets. Lets hope that the South African government will be doing the same with vanadium, we should know in a couple of weeks.
It is inconceivable to me that the IDC (South African Government) have 45% of the electrolyte plant, are paying for the mini grid at our mine. Paid and encouraged the testing of our vrfb at Eskom test site and will not ensure that Bushveld have a piece of the pie when contracts are being
awarded. The SA government needs renewable energy, the future growth of the economy needs renewable energy and sitting on their doorstep is a proven energy source that they have in abundance which will create new industries and jobs. Thats why i am still here, we will know very soon whether the SA government sees the gift that they have!!
IDC own 45% of the electrolyte plant, have funded the mini-grid at Vametco and i would notbe surprised that they have a stake in Enerox. Funded the testing and trialing of Bushveld vrfb at Eskom, just wondering how many more fingers do they have in the Bushveld/vanadium pie?
If what BBN has discovered that Bushveld biggest partner in this vanadium story is the IDC (the SA government ) then it is inconceivable that we will not get some of the Eskom contracts or that vanadium electrolyte in the preferred technology. The story is not yet half told.
Refurbishment does not increase production, more strikes, Covid19 takes hold, new working practices do not increase productivity. I am just trying to understand the use of the word risks in the rns as the improvements going forward are fully funded. Any ideas?8