Member Info for Pat48

Yellowf1 i take your point but, to have 204 contracts closed, 103 negotiations close to finalisation, 692 enquiries promising and 3919 contacts possibilities i think is a very good start. The momentum
Is gaining traction and i believe that a strong percentage of the 682 enquiries and the 3919 contacts
will turn into contracts in the near future. Lets not forget that these numbers are not static and will increase as the vrfb market expands over the next couple of years.

Looks to be very good

The outlook on the 2019 finals looks good with their pipeline showing an impressive amount of probable contacts which for me shows that the vrbs message is getting out to the market.

Joe Biden has pledged a carbon free energy revolution in the USA by 2035. In his campaign speech he has stated that for the next 4 years 2 trillion dollars should be spent on renewable energy.

Out tomorrow hope the future outlook is spectacular for growth.

China New off AIM today onto the HK exchange and many disgruntled shareholders, visit their chat site for all information regarding share certificates and broker issues.

China NEW (CNEL) have a lot of disgruntled shareholders as their company moved off AIM today with sole listing on HK exchange today.

Does anybody have any information who Bushveld will partner with in SA , to build the grid installations. Fortune must have this nailed down because the Eskom tender will demand the actual installer. With independent mini-grids the the problems are less acute but building onto the actual main grid will come with Eskom conditions and expert knowledge.

In the making are the take away for me in this interview, with monies made from electricity production and electrolyte leasing agreements...

See rns dated 23rd October electrolyte is/can be made at Vanchem

I am absolutely convinced that BE will win some of the contracts in the Eskom tender through all the different phases. I am also sure that BE will have multiple developments/projects as an independent electricity producer bring in many revenue streams in SA, plus numerous projects in other African countries. Just give it time.

Bushveld have apparently spent $1m dollars on doing the the paperwork and other preparations for the jse listing. Today a poster stated that it takes about 9 weeks to complete the entire registration process. When asked by a poster what can be done about the under valued sp, Fortune
was reported as saying ‘ that there was something he could do about that’. I am just wondering if he is trying to coordinate the Eskom deal, or some other vrfb project to co-inside with the listing timeframe to get maximum effect for the sp. Just a thought.

I believe this rns is very positive and we will recover the sp to about 23p by August. I am expecting some very good news on contracts in the BE part of the business as indicated by Chika. Much larger vanadium rental contracts, vrfb manufacturing when Enrox is finalised and other mini grid installations. In my opinion sp will be 40p by end of December, fingers crossed.

Knuttie, i think you are right but where does that leave Bushveld and partners. I think that a partner may be IDC or corporations of that quality and they have strict rules as to audit and quality controls. This may be nothing about price but audit/ownership and events may not sit comfortably with our partners, the problems and information must now after 8 months be on the table for all to analysis with legal input. The question is this, is this problem solvable or out of reach so Bushveld and partners have to look elsewhere?

Into a deal that has eluded them. Today i posted that i was believing that good things will be declared in the 2019 end of year report and i am still of that belief. But, on 12, November 2019 they declared that they wanted the entire share holding of Enerox. In my opinion they wanted Enerox to be the manufacturer of vrfb’s in SA and their manufacturing arm to show the SA government and all other African governments and businesses that Bushveld was the vanadium one stop shop for vanadium storage. Nearly 8 months have past and nothing, absolutely nothing. It would require a separate rns if any deal or progress had been achieved, not just to lump it into a year end report. This alleged deal that has failed to materialised has in my opinion slowed our progress down to show we are the go to company. I have been a shareholder here since October 2013 and hold several million shares and i know people don’t like criticism of Fortune or Mikhail but something is just not coming together on this acquisition. It is probably not their fault but It doesn't take months to renegotiate price, i have no doubt that the BOD and partners wanted this deal done by now and have a manufacturing site in SA. Your thoughts!!

That Bushveld Energy is in the middle of vrfb and electrolyte deployment in Africa. Chika in a recent response to a poster stated that Bushveld were concentrating their efforts in SA and the whole of Africa. Chika instigated that much bigger electrolyte rental agreements were being negotiated and i have no doubt that the 2019 year end report will have very positive news on the Energy side of the business. Seven working days and we will know the future direction of this company for the next few years.

I have been asking myself why BMN is so under valued and why the great efforts of Fortune and the BOD have not been recognised. Its now clear to me that we are seen by the market as a SA business
with our primary assets in SA trying to swim against the tide of government ministers who do not believe in the renewable energy revolution and are still stuck in the mind set of coal and nuclear power. For BMN to succeed they must look out SA.

Having read the article below posted by YTSS i hope Fortune is not solely relying on the SA Government and Eskom in particular to kick start Bushveld vrfb revolution. Fortune should look to other African countries to obtain contracts and not look to the out dated self interested communists who make up the ANC government.

Yellowf1 what were you saying on Saturday at 1752?????????????

The rns dated 12th Nov has a very interesting clause which states that if the sale cannot be completed and the seller cannot afford to buy back the 24% already purchased by the consortium at 1.65m euros. The buyers for an additional 250,000 Euros can buy up to 50% plus one share of the Enerox share capital. If this sale does not go through for whatever reason, i wonder if the seller has the 1.65m to buy back the 24% if we are paying monthly to keep them afloat? Interesting negotiations going on i presume!!!!