Member Info for pb940

Irrespective of whether you believe we caused the Earth to start overheating (coincidently began around the start of the Industrial Age - what are the chances of that happening) if there are steps we can take to mitigate the effects and potentially bring the climate back into a more regulated state where crops won’t be burnt or die from drought or be washed away by floods then I think we should at least try.

https://www.channel4.com/news/revealed-north-sea-oil-company-chief-exec-claims-climate-emergency-is-fake

https://www.proactiveinvestors.co.uk/companies/news/956485/small-cap-wrap---glencore-bluejay-mining-bacanora-lithium-and-more-956485.html

This was in the Glencore H1 / full year outlook.

". . . vanadium pentoxide output of 11mlbs rose by 33% “also mainly reflecting the national lockdown in the base period”.

So are you thinking they are building the electrolyte plant to produce enough for one project then take the building down?

Liked the comment about a battery that had so far been running for 10 years only losing 1% capacity.

Anyone tried emailing questions to the bushveld@tavistock email address? I'm getting a address not found delivery notification.

https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/w95854r

Bushveld Minerals Limited (AIM: BMN), the AIM quoted, the integrated primary vanadium producer and energy storage solutions provider with ownership of high-grade assets in South Africa, announces that while it is still expected that shareholders will be able to attend the Annual General Meeting ("AGM") to be held at 11:00 (UK time) on 5 August 2021 at Oak House, Hirzel Street, St Peter Port, Guernsey GY1 3RH, subject to Guernsey quarantine regulations, the Board recognises that this may not be possible for the majority of shareholders and the Company is therefore providing an audio webcast of the AGM so that shareholders can follow online.



The meeting will include a question & answer session based on questions submitted by shareholders or their corporate representatives, with the deadline for those submissions being 17:00 (UK time) on 2 August 2021. To submit questions, please email: bushveld@tavistock.com.



To attend the webcast, shareholders should click on the following URL:

https://webcasting.brrmedia.co.uk/broadcast/60fedc41981eb346d9fe8ef6, using the last four digits of your investor ID as the pin for entry.



Shareholders following the meeting online will not be in attendance "in person" and so should continue to vote by proxy, in accordance with the instructions included in the Notice of AGM published on 30 June 2021 on the Company's website by 11:00 (UK time) on 3 August 2021.

SP Angel morning view

Europe Vanadium Pentoxide 98% 9.6/lb vs US$9.5/lb
Europe Ferro-Vanadium 80% 40.55/kg vs US$40.25/kg

Other than a slight blip when the website was re-launched and showed 500mwh it's been 250mwh since.

People seem to be happy being miserable pdub.

If I'd been miserable about the sp for the last 2 years it would have affected my mental health and the SP would still be where it is today and I would have just been miserable for two years.

? Vanadium market firming: FeV averaged US$36/kg in Q2, up 17% on Q1, and is
currently cUS$40/kg. We expect pricing to remain firm for the remainder of the
year on robust demand but also a potential tightening of supply given Chinese
steel **** co-producers are already operating around capacity. We are therefore
hopeful of a return to profitability at Bushveld’s consolidated EBITDA level this
year despite Y-on-Y flat production (2020 results were adversely impacted by a
more than 50% Y-on-Y slide in FeV prices to $23/kg). With the refurbishment of
Kiln 3 at Vanchem due for completion by the end of 2021, we expect higher
production to drive a much more material growth in earnings from next year.
? Production growth key to margin expansion: Bushveld’s assets hold potential
for far greater growth however, and studies are underway at both Vametco and
Vanchem of the feasibility to increase group production to 6,400-6,800t pa in
the medium term and to c8,400t pa longer term. Scheduled for completion in Q4
2021, these studies will determine the most capital efficient sequencing of
expansion between the two businesses. Our preliminary analysis points to the
potential for these expansion initiatives to grow annualised EBITDA to over
US$100m within the next few years, assuming a long-term FeV price in line with
current pricing levels (to which we consider there to be scope for upside).

https://www.bushveldminerals.com/wp-content/uploads/2021/07/BMN-%E2%80%93-Vametco-production-rates-trending-back-up.pdf

Bushveld’s consolidated vanadium production increased by close to 30% in Q2 2021, underpinned by improved operational stability at Vametco following a maintenance shutdown that adversely impacted output in the preceding quarter. If maintained across the second half, current rates at both Vametco and Vanchem put the group well on course to meet its recently revised full-year production target of 3,400-3,600t. With vanadium prices having recovered strongly from last year’s lows, we are optimistic this production level will see a return to positive EBITDA in 2021. Successful execution of production growth plans – Bushveld is targeting a 5,000-5,400t pa rate by the end of 2022, and >8,000t pa longer-term – should drive further margin growth thereafter.
? Improved operational performance at Vametco: Q2 production at Vametco
totalled 593t, up 50% from Q1 when the operation was shut down for 35 days
for vital maintenance. Encouragingly, May and June saw 278t and 261t produced
respectively, reflecting much improved operational stability and performance
following the Q1 downtime. Allowing for further planned maintenance work to
maintain this improved stability, Bushveld is guiding an average monthly
production rate of around 240t at Vametco for the remainder of the year. Vanchem’s production was in-line with the preceding quarter at 293t. Bushveld expects Vanchem to maintain its current monthly rate of c90-100t, supported by the provision of feedstock material sourced from the upper seam resource at Vametco.
? Sales volumes steady despite logistic pressures: Recent civil unrest in South
Africa has thankfully not impacted production, though Bushveld has
experienced logistic delays in getting final product to the port. These delays have
been resolved, though pandemic-related general logistic pressures on exports
remain. Bushveld’s sales increased by 4% Q-on-Q, to 820t, and the group expects
to maintain export volumes at a similar rate through Q3 2021.
? On course to hit full-year targets: Consolidated Q1 production of 886t takes H1
output to 1,574t, down 5% vs H1 2020 as a result of the maintenance shutdown.
However, if the now improved rates at Vametco can be maintained, and if
Vanchem continues its steady performance as refurbishment work continues,
H2 production should be materially higher. We therefore think Bushveld is on
course to meet its recently revised full-year production target of 3,400-3,600t.

So someone bought 213713 for 12.28p at 11:36 this morning then decided to sell at 14:37 for 12.21p

If they're related why the 3 hour difference?

https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/xz9n0lr/export

You thing Bigal it might be a cyclist enthusiast SIPPmeister?

https://www.rutlandcycling.com/bikes/mountain-bikes/ragley-big-al-10-mountain-bike-red__493021

When you say almost 4 years you obviously mean 2 years 7 months(ish)

Basically confirming what Chika said then?

Not sure if anyone saw this yesterday?

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/071521-civil-unrest-hits-south-african-mineral-supply-chains

South African vanadium producer Bushveld Minerals' head of investor relations Chika Edeh told S&P Global Platts in an email that "The unrest has not had any impact on our production and no material impact on our supply chain."

Also, he believes the second half of this year will be much stronger and 2022 will be a really good year.

https://tinyurl.com/3dpnc4nm

About 19 mins 30 seconds

He said that it appears they had some joint venture agreement with Enerox or one of it's subsidiaries and they are alleging there is some breach of their joint venture agreement with EHL.

Doesn't know how they are going to get any money out of Enerox, Bushveld or VRFB Holdings and thinks they are looking to get a payoff to go away. He believes they weren't in a position to invest in the joint venture as a company listed as liable to dissolution doesn't inspire confidence they were in a position to join it.

He doesn't think it has any impact on Bushveld but it's a distracting press release.