Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
‘VRFBs have a much larger energy storage capacity than lithium batteries. It is more effective for China's plans to achieve its target of peak carbon emissions by 2030 and carbon neutrality by 2060, according to market participants. China aims to install 120GW of new wind and solar power generation capacity in 2021.’
https://www.argusmedia.com/en/news/2196733-growing-vrfb-applications-to-boost-chinas-v-demand?amp=1&__twitter_impression=true
Some great posts on our production costs and growth vs Largo:
https://mobile.twitter.com/BigBiteNow/status/1369306797463531530
“We were astute enough to recognise early on the opportunity that battery storage offered for the vanadium space and immediately set out to invest in brownfield assets that had the capacity for growth to meet this burgeoning sector.”
https://www.google.co.uk/amp/s/m.miningweekly.com/article.php%3fa_id=578344&rep_id=5582
Halespur- I think one of the big differences from 2018, and one which should see us have a vastly increased share price from where we are now, is that back then we did not have the means to increase our production from 2560 MtV.
We are now targeting circa 4500 MtV this year, but now have the means for far greater production. We now own Vanchem, which we didn’t have then, and now have funding through Orion to get us up to around 5,750 MtV next year. This is HUGE!
Also, with the profits we will be banking from Increased production, we will then have the means to get us up to 7,000-8,000 Mtv.
Plus we did not have our Mokopane mining license back then!
All that, as you say, is without anything else to do with Bushveld Energy, the Electrolyte Plant, our stakes in Invinity and Enerox, Afritin etc!
Our share price is absolutely laughable at the moment!
Completely agree Mogwhy.
If the Vanadium price settles at around $40/Kg, our Revenue for 2020 should reach $180,000,000 based on 4,500 MtV.
If we produce circa 6,000 mtv in 2021 which is likely, then our Revenue will be nearly $250,000,000.
This is without any extra income from Bushveld Energy/Eskom contracts etc. Which are a complete bonus!
Very exciting times!
From Bushveld Vametco to the US!
https://importkey.com/search/Bushveld
Hi Bassguy,
I really do not understand what you think you gain from being so constantly negative about BMN, and at the same time always praising our competitors! We get it- you don’t like the PR, you think the BOD are not sharing enough information about what they are doing etc etc. Do you need to tell us this every day?!
We all know AIM is very sentiment driven. So if you own shares in the company, and you constantly speak in a negative narrative, surely this would only really have a negative affect on sentiment, and therefore a negative affect on the share price!
Sorry if that sounds harsh but if you read back your posts from the last few months, there is a very negative tone to most of your comments.
It’s worth looking at the Share Price pre-Covid and the developments since then to show how ridiculous our Share Price is:
Share Price Pre-Covid: 23.9p (19th Feb 2020)
-Bushveld producing circa 3,000 Mt Vanadium/yr
SINCE THEN:
-Bushveld backed the creation of Invinity Energy Systems with £5m loan and hold 5.71%.
Bushveld’s investment is now worth circa £9.7m, after recently selling circa £2m shares. Bushveld also have first right of refusal to supply Vanadium.
-Bushveld announced Stake in VRFB manufacture Enerox of circa 50% and have agreed first rights to supply Vanadium.
-Bushveld agreed CLN/funding with Orion worth $65m to increase production to circa 6000 mt Vanadium/year.
- Bushveld on course to produce minimum 4500 mt Vanadium during 2021.
-All permissions granted for Vanadium Electrolyte Plant with Construction commenced.
- Mini-grid signed off and construction commenced.
After all of this (and more), our share price is currently down to 20p from 23.9p pre-Covid (-17%)!
And above all of this, Vanadium Prices continue to rise in Europe and the US, in anticipation of Worldwide Infrastructure Stimulus projects to kick-start economies.
I think we are due a VERY big re-rate!
Good luck all!
‘ Next month, Biden will present to Congress a separate “Build Back Better Recovery Plan” focusing on infrastructure investment.
“It will make historic investments in infrastructure… manufacturing, innovation, research and development and clean energy - investments in a care-giving economy and in skills and training needed by our workers to be able to compete and win in the global economy of the coming years,” said Biden.’
https://www.icis.com/explore/resources/news/2021/01/15/10595873/us-infrastructure-plan-to-be-unveiled-in-february-in-2nd-step-of-massive-stimulus
Hi Bassguy, hope you are well.
As far as I understand Bushveld Energy own:
-5.71% of Invinity, with their stake now being worth over $10m and Bushveld still have a first right to supply Vanadium.
- Circa 50% of Enerox. It is of my opinion that Enerox will be ‘floated’ over the next few weeks/months and Bushveld will keep a minority stake. Bushveld will in all likelihood keep the first right to supply Vanadium.
-50% of Vanadium Electrolyte Rental Ltd, a joint venture set up with Invinity.
-55% of the New Electrolyte Plant being built in SA along with the IDC. This is going to be a VERY big deal. There are not many Electrolyte plants being built outside of China that we know of.
-Bushveld have also stipulated plans to establish a VRFB manufacturing facility alongside a VRFB manufacturer in SA once the industry/demand takes off. This hasn’t happened yet as the market hasn’t fully taken off yet. But again this will be a very big deal once it does.
-Don’t forget above all Bushveld will be supplying the Vanadium needed for the VRFBs.
So all the above plans in development point towards a Vertically Integrated Company.
I’m not quite sure how this is not yet clear to yourself.
It seems pretty clear to me!
Luckylotte- stop trying to spread panic. It is obvious you are a trader trying to get a lower buy-in price.
In the midst of the pandemic earlier in the year, Bushveld reported around 36 cases of Covid at their mines. All of of those workers returned to work shortly thereafter.
The mines are open cast so the workers will be impacted less. Bushveld have spent a lot of money putting safety protocols in place.
Really pathetic how people spread unnecessary panic just to trade the share.
Incredible how sentiment can change so quickly on sustained rising Vanadium prices. Improved sentiment equals a higher share price.
Once people start realising the ENORMITY of what Bushveld are building in both the Vanadium Production/Processing and the VRFB sector, then we really will be looking at 75p-100p as a base share price, rather than wondering if we can break through the minuscule 15p barrier!
‘The market’ really needs to think BIGGER than they are at the moment.
Forget the tiny 10-20% trading returns, if people really took the time to research Bushveld fully they will realise that there will be far greater returns just by holding their shares and watching the story that Fortune and Mikhail are creating unfold.
To the US!
https://importkey.com/search/Bushveld
From 18th November 2020
‘In China alone, we are tracking 2GWh of VRFBs currently under construction’
https://esmap.org/sites/default/files/ESP/3_VRFB_Bushveld.pdf