Member Info for pb940

I still don’t understand how increasing output at Vametco and the purchase of vanchem didn’t in some capacity counter the reduction in v price. Plus the brits resource and the mining licence and the electrolyte deals. Oh well, still got the number of shares I want and believe will pay handsomely in the future.

https://tinyurl.com/vt9xjeo

Nothing specifically about BMN but seems positive about the resources sector.

****************************/articles/versarien-and-john-meyer-on-commodities-and-the-markets-6006522

'By and large for the companies I've been speaking to are able to withstand shall we say a worse environment than were in now for probably 6 months or so. I don't think were looking at large numbers of bankruptcies, certainly not in the resources sector, but may be different in other areas that I don't look at'

"This will pass and I am confident when it has passed Bushveld Minerals will still be standing and continuing on its strategic path." Fortune Mojapelo

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/BMN/14474817.html

Please make sure you read this and not just the headline as it refers to 2019 compared to 2018 and the potential impact of coronovirus;

A new study by consultants Delta-EE for Ease found that the European market grew by a total of 1 gigawatt-hours in 2019, a significant slowdown compared with 2018, when the energy storage market exceeded expectations to grow by 1.47GWh.

The slowdown in 2019 has emerged amid rising concern that the outbreak of the coronavirus may stall the rollout of clean energy technologies in 2020, dealing a double blow to the clean energy industry. it says energy storage boom stalls in 2019 compared to 2018 and that the coronovirus

First part of your prediction spot on Alfa

Alfa the prices shown are really bad at the moment aren’t they, I can see 0.95

So even better then :) and we’ll own 7%+

REDT Aim suspension 1.075p
REDT Commence trading Wednesday 0.85p Today 0.95p

It's down (not way down) 13% from suspension last year
But Up 13% from Wednesday

https://www.uploadlibrary.com/SPAngel_JohnMeyer/SP_Angel_-_Morning_View_-_Friday_20.03.20.pdf

We Expect this phase of the Coronavirus pandemic will be over in 8-12 weeks in the UK
• New drugs for treating the Coronavirus are being identified:
o Japanese drug favipiravir, which is already approved is effective.
o Remdesivir an experimental Ebola drug may also work but is not approved.
• The first Covid-19 vaccine in China is expected to be ready for clinical trials at end April. China says chloroquine has lethal side effects if dose is accidentally doubled.
• Other vaccines are already being trialled and will be fast tracked for approval
• If the coronavirus spreads faster than the NHS can manage, which is probably inevitable, then there will be greater casualties but maybe a shorter epidemic in the UK.
• Government action should limit the economic consequences and companies which are loyal to their staff should recover faster as the nation returns to a new normal.
• We hope a number of vaccines and treatments will be available to limit the impact of any second potential wave of the virus as was seen with the Spanish flu (H1N1).

https://twitter.com/esa_eo/status/1240664221760847878?s=21

https://www.uploadlibrary.com/SPAngel_JohnMeyer/SP_Angel_-_Morning_View_-_Thursday_19.03.20.pdf

Bushveld Minerals* (BMN LN) 8.56p, Mkt Cap £100m – Appointment of Eskom trouble-shooter Ms Mokgatle as an Independent Non-Executive Director
(Bushveld Minerals owns 74% of Vametco, 100% of Vanchem, 84% of Bushveld Energy in South Africa, 100% of Lemur Holdings, 9.5% of Afritin)
• Bushveld Minerals report the appointment of Dolly Mokgatle as an Independent Non-Executive
Director.
• Ms Mokgatle is a senior advisor to the South African government on electricity-related matters and has helped shape the nation’s energy policy.
• She has served on the steering committee of the ‘Electricity War Room’ both inside and outside Eskom
• Ms Mokgatle has also represented Eskom in the Southern African Power Pool and is a former
Managing Director of the Transmission Group at Eskom.
• She has also worked as Executive Director of Corporate Affairs, Senior General Manager: Growth of Development and Acting Legal Manager.
• Ms Mokgatle was CEO of Spoornet now Transnet the South African freight network from 2003-2005
• Ms Mokgatle was also NED at Kumba Iron Ore Limited, Sasfin Bank Limited, Hudaco Industries
Limited, and was Chairman of the Board of Zurich Insurance Co South Africa Limited.
• President Cyril Ramaphosa appointed Ms Mokgatle to the Advisory Panel for turning around Eskom in 2015.
Conclusion: Ms Mokgatle’s appointment and involvement to Bushveld looks like a coup for Bushveld and demonstrates confidence in the future growth of the business.

I know you can't see anything but the Infrastructure and Building tenders for the Vanadium Electrolyte Facility at ELIDZ were both updated yesterday.

https://www.l2b.co.za/Project/Vanadium-Electrolyte-Production-Facility-Infrast/22814

https://www.l2b.co.za/Project/Vanadium-Electrolyte-Production-Facility-Buildin/22815

https://www.pv-magazine.com/2020/03/18/south-african-coal-lobby-loses-court-challenge-over-2-3-gw-of-renewables/

Time has finally run out on a bid by the Coal Transporters Forum of South Africa to cancel 27 renewable energy power purchase agreements (PPAs) which financially troubled utility Eskom signed several years ago – including 813 MW of solar generation capacity across 12 sites.

The nation’s Supreme Court of Appeal in January struck down a complaint by the fossil fuel lobby group that Eskom had not followed due process before finalizing PPAs linked to generation capacity allocated in the nation’s Renewable Energy Independent Power Producer Procurement Program (REIPPPP). The Coal Transporters Forum based its argument on claims the National Energy Regulator of South Africa (NERSA) had failed to officially approve a particular authorization that was key to the PPA award process.

“The time frame to petition the Constitutional Court for leave to appeal [the January decision] has now passed, which finally closes the door on this case,” said Ntombifuthi Ntuli, chief executive of the South African Wind Energy Association (SAWEA).

The complainant was attempting to prevent the completion of power purchase deals awarded under the fourth round of the REIPPPP, which was completed in 2015. The contracts were unsigned when the coal lobby group launched its legal challenge.

Rejected

The Supreme Court of Appeal also rejected the complainant’s contention the REIPPPP would harm the finances of Eskom. The judgment followed two previous lower-court rulings against the Coal Transporters Forum (CTF) in March last year and June.

“The CTF legal challenge was launched on the basis of arguments which had no legal basis and which demonstrated little appreciation of [the] government’s clear commitment to achieving a more diverse energy mix that would build national energy security while also addressing national climate objectives and achieving local economic development,” said SAWEA’s Ntuli.

Eskom has finally signed the 27 contracts after dragging its heels for three years. The utility’s April 2018 decision to sign the power purchase deals firmly put the country’s utility scale solar industry back on track following a prolonged period of uncertainty.

The CTF had to cover the costs of Eskom, NERSA, the minister of energy and the renewable project owner respondents, for each of the court cases.

https://www.fin24.com/Economy/Eskom/breakthrough-energy-regulator-eases-path-to-buying-private-power-20200319

The National Energy Regulator of South Africa took a crucial step toward allowing the government to procure emergency power and to allow the building of more privately owned power plants.

The regulator issued public consultation papers after the energy minister allowed the procurement of 2,000 megawatts of emergency capacity as soon as possible and the construction of 6,800 megawatts of capacity from longer-term renewable power plants. The longer term plan is in line with a government energy framework that includes additional generation capacity in the form of non-renewable power. South Africa is in urgent need of more electicity to end recurrent outages.

As soon as the process is finished by the regulator, procurement of new capacity can begin, Department of Mineral Resources and Energy Deputy Director-General Jacob Mbele said March 3.

The deadline for comment on the framework for the procurement of emergency power is April 14 and the process will be completed in three months. The deadline for the longer term plants, which encompass a range of technologies from wind to battery storage and coal, will close May 7 and the process will be finalized after about six months, the documents said.

Must say I'm astonished by the complete and utter lack of empathy being shown by some posters to fellow human beings in what is an awful situation for many many families and individuals in the UK and globally. Shameful.

If you were buy say 100,000 and then sell back in 30,000 dribs and drabs and do this a lot could you not affect the Bid/Ask in a downward trajectory?

https://www.miningweekly.com/article/mantashe-engages-mining-industry-to-consolidate-covid-19-plans-2020-03-17/rep_id:3650

Mineral Resources and Energy Minister Gwede Mantashe on Tuesday met with the leadership of the Minerals Council in Johannesburg, to receive an update on the plans that have been put in place for the sector to adequately respond to the current Covid-19 pandemic.

This follows the briefing by President Cyril Ramaphosa on Sunday, wherein a comprehensive plan was outlined for responding to the spread of the virus in the short to medium term.

The Department of Mineral Resources and Energy’s (DMRE’s) Health and Safety Inspectorate, working with mining companies and labour unions in the sector, is on high alert, and is testing the sector’s level of preparedness, with a focus on preventive control and managing any emerging risks for employees and communities in which mines operate.

Work in the industry began over a month ago after the World Health Organisation announced the outbreak, with a focus on preventive control, and managing any emerging risks.

A ten-point plan has been developed in line with the Department of Health and National Institute of Communicable Diseases guidelines.

The DMRE continues to engage with the sector on – among others – the use of its medical facilities for the broader communities around mining operations, as well as the use of any safe and unoccupied housing facilities for quarantine, should the need arise.

Thus far no infections have been reported in the sector.

“Working together we have made great strides on the health and safety front in the sector. We are confident that our continued partnership to proactively manage the humanitarian and economic impact of this pandemic on the sector, will go a long way,” Mantashe said.

Engagements between government and the sector are ongoing.

No offence fosters100 but I hope you are right gambitxjs :)

SP Angel - I know there our brokers but nice to be included with Rio Tinto as a better quality company

https://www.uploadlibrary.com/SPAngel_JohnMeyer/SP_Angel_-_Morning_View_-_Tuesday_17.03.20.pdf

Equity markets continue to unwind as policy makers consider banning of short selling
• Expect equity markets to continue to selloff as Insurers, Banks, Corporates and Individuals move to cash to survive the impact of the Coronavirus.
• Leveraged investors are being stopped-out if unable to meet margin calls. We expect the market to largely de-leverage in this environment.
• Many investors who bought equities for yield using low-interest loans secured on their equity portfolios may need to unwind their personal arbitrage
• Good quality liquid stocks tend to be sold-down more than lesser quality companies in this environment due to their greater demand with investors
• Most business can not survive three-months of very low sales and will need government support to avoid bankruptcy and heavy redundancies.
• Governments will need to support these businesses through the lock-down but few believe they will fully compensate while financial support.
• Government financial support may be slow to arrive creating a cash flow gap that business will need to fund.
• Markets tolerate short selling because they claim it creates liquidity for sellers to sell into, am not sure I share that view.
• Metals and other commodities were sold off at the start of the Coronavirus crisis as traders and
consumers moved to conserve cash.
• While many Chinese traders and corporate will have been early movers in this, their belief in
government stimulus may have limited the sell-off.
• Western corporates, particularly in the US may have been slower to move to cash .
• Our advice: Don’t be spooked by share price falls in better quality companies.
• Be sure the stocks you buy won’t go bust in this crisis and then enjoy the upturn in share prices when the market turns Key resource stocks for post-Coronavirus recovery
• Mining stocks: Rio Tinto (RIO LN), Bushveld Minerals* (BMN LN), Anglo Asian Mining* (AAZ LN),
Arc Minerals* (ARCM LN), Bluejay Mining* (JAY LN), Scotgold Resourcess* (SGZ LN)
• Oil Stocks: Union Jack Oil* (UJO LN), Rockrose Energy (RRE LN), Gulf Keystone (GKP LN),
Hurricane Energy (HUR LN)