Member Info for Pat48

Mogwhy, could you please explain at the bottom of your chart of projects the tonnage “per year”
Just cannot get my head around those figures per year.

Operational update

Hopefully this momentum is sustainable and nothing goes up in a straight line, so i expect to see red days. Providing the the upward trajectory Is built on very good news i would expect the share price to be way above today’s close.

This sentence from 2019 final report has me guessing “The Company is working with energy policymakers on initiatives to reverse the downward trajectory of SA power systems” Does anybody want to guess?

Snott check out Peter Oldacre, Pat Frampton and Dolly Mokgatle, Fortune has positioned Bushveld
very well and don’t be surprised if Enerox open a factory in SA to build or assemble super vrfbs in the very near future. There is no doubt that the IDC our partner in the electrolyte factory will be in our corner, but nothing is in tablets of stone.

Tomorrow

Tomorrow

If anybody tells you that this share is being manipulated they are talking out the back of their a#re.

Would appear to show that the consortium that bought the first 24.9% have not equally paid for the 65.1% and that in my opinion Bushveld have paid the lion’s share. The rns goes on to say that they” are seeking to procure third party investors into EHL to fund the deal” Bushveld Energy only want a minority interest, it will be interesting to see who comes on board!!

We have had numerous jigsaw rns over the last couple of years and this is just another in my opinion. An acquisition that has no revenue and we are paying to keep it afloat will not stimulate the market. This deal is very important in the big scheme of the master plan but if, and i hope we do get definite contracts with Eskom financed by the World Bank that event will make the market sit up and we will then boom.

I would love to know who our partners are in the condortium?

For both Bushveld and Invinity on Weds 5th August.

Guys lets keep our feet firmly on the ground, have Eskom been testing one of our vrfb’s at their testing site for the last 2 years with no problems. Does Bushveld own two of the largest vanadium mines in the world with great grades at Mokopane not yet developed. Is Bushveld investing $170 million US dollars in SA over the next 4 years. Will Bushveld help to create employment in SA and
create a manufacturing plant for vrfbs in SA. Our electrolyte plant is being built with capacity to
scale up. Lets hope that Bushveld who want to dual list on the JSE are consider a viable contender in the up coming tender process.

Up 15% is there news coming?

I may have misled the board on the SunEdison information, i was viewing the energystorageforum.com and the date alongside the entry was 30th March 2020 and i thought the
Purchase of the vanadium batteries was after SunEdison became a private company my apologises
For any confusion, pity a big vrfb deal in India would be a real endorsement.

https://energystorageforum.com/news/sunedison-buys-100mwh-vanadium-based-batteries-rural-india

https://www.greentechmedia.com/articles/read/sunedison-emerges-from-bankruptcy

Did not go into bankruptcy and made a deal with their creditors and were formed into a private company based in Chennai. It is this new private SunEdison that have made the deal to buy the vrfbs in March 2020 and install, i will try and find the court decision and registration. I think the court decision was made very late 2017 or early 2018.

SunEdison will in 2020/1 install 1000 energy storage systems in rural villages in India, these mini grids will use vanadium redox flow batteries because they will provide 24 hours of electricity or 120 kwh with minimal maintenance and a long working life. SunEdison are also in collaboration with mobile phone companies to energise their phone towers and take any excess to local houses and businesses.

If retail shareholders hold 55% of the shares in Bushveld could we not force an agenda item on the AGM to state that the board must make all endeavours to get Bushveld off AIM and onto a Main market. I don’t know if that stance requires a 75% vote but i feel some institutional investors will back the proposition. This continuous shafting of a very well managed and prosperous company with tremendous growth potential is bordering on the insane. The CEO’s job is to increase and protect shareholder value and Fortune is not in control and this situation is demeaning to his personal reputation. There are posters who believe Fortune can do no wrong but in these circumstances i have found him wanting and less than magical.