Member Info for Pat48

The implications in the Executive Summary of June 2021 that the preferred battery technology is
Flow technology (electrolyte) must ultimately refer to all Eskom Bess tenders on their property. To publicly declared solid state technology is a risk they cannot then use that technology. This is getting very interesting as Bushveld Minerals main partner the IDC is the SA Government!!!!!!!!

Sp2012, i also agree with you that the tender contract states in the Executive Summary that because of fire and explosion risks Eskom prefer flow battery technology. It does not state which flow battery technology but this must give Bushveld a chance of acquiring some of these battery
Installations. Eskom had a vrfb on test at their testing site for about 18 months.

Take a pause!!

A company on the leaderboard has increased its SP by 61% because it has declared an AGM in
December, no agenda yet. It has not made a profit in 4 years and has total assets of £2:07 million.
What am i missing???

In the next couple of weeks at the Cop26 conference i would like President Cyril Ramaphosa to
Inform the conference and the world, that South Africa will be pursuing a renewables energy policy
and at the heart of that policy will be locally sourced vanadium electrolyte. An announcement like that would light a rocket under our share price. Its a possibility!!!!!!!!!!!!!

Very good interview, demand for vanadium will increase over the next five years in all sectors. The
use of both lithium and vanadium in the same storage batteries application is becoming normalised (Oxford hub). The demand for vrfb’s is increasing and is set to become a major renewable energy source globally. The four panelists who have for years worked in the vanadium space are very up beat regarding the demand for vanadium chemicals. Fortune took a major role
In the discussion and was very bullish regarding the future. Worth listening to, to get the vanadium
Perspective from other vanadium company owners. There was lots of discussion regarding electrolyte production and leasing options, i just got the feeling that Fortune is constrained in what
he can say, i am expecting strong news on the BE side of the business but have no tangible evidence for my expectations.

The “sale” to Invinity is it a sale or a lease at $10; if a lease i wonder how that $10 gets paid and over what time?

Wether this alleged comment is true or taken out of context is in my opinion insignificant. The energy side of the business has in my opinion been controlled by the SA government. The mini grid
financed by the IDC has not even been constructed yet, the electrolyte plant has not been built yet
and is 49% owned by the IDC. Eskom ( the SA government) have not yet made a decision on how they are going to establish their renewable energy policy and whether vanadium electrolyte vrfb
Will play a major or minor role. I can believe that the energy side have had “hundreds of enquiries”) but until the SA government make a decision on their renewable policy The energy side
are caught between a rock and a hard place, remember the IDC are the government. I can envisage
a conversation between Fortune and Mikhail with Fortune saying we must get the mining side of the business to its potential to supply vanadium for electrolyte supply because the energy side is not completely in our control at the moment. I can also see Mikhail not liking that decision because of his position and 16% ownership of the energy side. But this is a horse before the cart scenario, just my take on the alleged comments by Mikhail.

Not yet showing on the riser board

A very shrewd move by Cellcube to partner with US Vanadium to give the partnership a local American connection which will inspire local businesses to choose vrfb’s containing locally sourced electrolyte.

A Chinese company had just bought Bacanora Lithium company for 67pence a share valuing the market cap at £256 million with 384 million shares in issue. Bacanora Lithium has not made a profit in a minimum of 5 years and has total assets of £82 million. Fortune has stated that together
Vametco and Vanchem are valued at £500 million, add on Mokopane, Brits, electrolyte factory, Enerox and other Bushveld Energy assets and this company is not under valued its an absolute steal.

This morning on LSE show a number of buys followed by the same number of sells, i just thought that strange or just a coincidence

Fortune said “Enerox are deploying vrfb’s into the market now” it would be nice for shareholders to know the details and for the market to fully understand that vrfb’s are a reality may have an impact on the SP.

Swampdub you are asking the million dollar question which i do not have the answer for. The next gold rush will be vanadium in my opinion. I honestly believe that the power brokers In South Africa
now realise that with climate change and renewable energy an absolute certainty, it will make billions of dollars for the people that hold the keys to this new global revolution. Will those keys be held by retail shareholders in the UK or South African/Chinese/ American/ Global Power Brokers, that us the question???

Abengoa website on 5/8/21 shows Vametco mini-grid “Under Construction” The rns dated 11/11/20
states that Thebe Investments are assisting Bushveld in finalising the terms of external debt funding. BNN discovered documentation that stated the IDC were funding the mini-grid at Vametco which is no surprise as they are a strong partner. I believe Thebe Investments are partnering both Bushveld and IDC to get the monies to the construction companies. Thebe Investments was incorporated in 1992 and the main investors were the Batho Batho Trust whose founding fathers were Nelson Mandela, Walter Sisulu and Rev Beyers Naude and Batho now owns 47% of Thebe Investments and is recognised as a very strong black empowered company. Fortune is moving in very strong political and critical economic circles.

Does anybody have any information as to the state of play with the building of the mini-grid?

With a major Sovereign Country or huge investor to get a Mokopane producing in the the next couple of years would not surprise me. $280 million for a new mine is peanuts in the new scale of infrastructure building that is going to happen in the next few years.

Being thrown in to stop rise, why is the question????

He is not the only one missing and claiming salaries, where is Peter Oldacre, Frank Spencer, Neo Kgatuke and Michael Niszi and others. Does BE actually exist??

Just one rns from BE stating that they have a contract to develop install and maintain a mini grid would set this sp alight.