Member Info for pb940

And to fall as much on such pitiful volume that we were having.

Like the little comment 'Also India needs to catch up as it uses even less vanadium in its steel'

http://www.bushveldminerals.com/wp-content/uploads/2019/05/Vanchem-acquisition-opens-door-to-10000t-pa.pdf

And probably a damn sight quicker to get revenue from it as well :)

You'd hope they were too embarrassed to show there faces . . . ever again, but that's probably too much to hope for.

Wow, lse really doesn't like v o x m a r k e t s website

Already two 100,000 trades at 25p and 25.5p showing on ********** trades tab

I didn't want to be seen to exclude that last point by certain peeps as no matter how you spin it to achieve what BMN have with this RNS and on the back of Vametco in such a short space of time is incredible.

Sorry, missed this last bit,

The Company plans to finance the entire Consideration and associated capital expenditure from the Company's existing cash resources, future cash flows as well as, to the extent necessary, debt facilities which are currently being negotiated.

The Vanchem Plant is located approximately 200 km by road from the Company's Mokopane Vanadium Project ("Mokopane").

· The Vanchem Business provides immediate production growth, adding an estimated 960 mtV on an annualised basis using one of the three kilns on site and is expected to achieve a steady state production of 4,200 mtV per annum following refurbishment.

· Refurbishment costs are expected to be approximately US$45 million and will be incurred over a five year period from the completion of the Transaction.

· Mokopane is intended to become a primary source of feedstock for the Vanchem Business and its development will be accelerated as a result of the Transaction.

· Capital expenditure requirements associated with developing Mokopane are estimated to be US$20 million.

Here's the RNS link

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=BMN&ArticleCode=05tu50jq&ArticleHeadline=Acquisition_of_Vanchem_Plant

Webcast today at 9:30

https://webcasting.brrmedia.co.uk/broadcast/5cc315de3c8e41495e2420cb

Well well well

And that drop was achieved on trading of ~0.5% of the total shares in issue

https://www.esi-africa.com/industry-sectors/renewable-energy/housing-development-goes-solar-to-avoid-loadshedding/

Pretty sure the battery won't be vrfb but a sign of future developments?

Well, not a long terms option anyway.

https://www.vanadiumprice.com/vanadium-and-niobium-substitute-date-april-26-2019/

Is there any reason why Bushveld won't release news tomorrow? Just because it's a bank holiday in SA we aren't required to wait for the JSE to be open are we?

There have been so many influences on the share over the last few months that I find it difficult to determine what a big seller would be defined as. Between people on other boards explicitly revealing they are shorting the share, mm games, bed & isa shenanigans and all in what is a pitiful daily volume compared with the shares in issue leaves no clarity about what the heck is going on.

The only thing that will clear this up unfortunately is news and Bushveld are ready when they are ready, as frustrating as that can be.

Earth to Bushveld, Earth to Bushveld, come in Bushveld, do you read me?

faramog, I think people expect the sp to kick on not because of the actual listing on JSE but that news is being held back that would increase the sp if was released to the market now.

Thanks RK