Member Info for pb940

https://www.miningweekly.com/article/minerals-council-south-africa-backs-just-transition-to-cleaner-energy-2020-02-04

Go get em Burford

https://www.standard.co.uk/business/burford-and-london-stock-exchange-set-for-court-fight-showdown-in-april-a4353041.html

Burford has previously stated that once it has the names it will launch legal action against those who it believes manipulated the stock.

Apart from the 8:42 trade these are all indicated as buys. And all delayed. Same old, same old?

148,477 @ 8:01:34 @ 19365p
150,000 @ 8:07:55 @ 19.25p
206,131 @ 8:26:20 @ 19.4p
150,000 @ 8:42:45 @ 19.3001p

Fortune is doing a corporate presentation followed by a 'Flow batteries vs Lithium Ion' interview this afternoon from 14:15 (I assume thats SA local time)

Not in a position to watch at the moment but thought I’d post it

https://www.cnbcafrica.com/videos/2020/02/03/miningindaba2020-idc-ceo-heres-is-how-much-we-are-looking-to-invest-into-mining-in-2020/

I was wondering how big the sale was that went through at 19p, just seen it. 10 share, not even 10 thousand, just 10. I'll assume the rest of the trade is hidden until after hours.

Maybe send a tweet to Bushveld telling them to get Mikhail and Fortune to double team on Roger Baxter while they are all there.

https://www.fin24.com/Economy/Eskom/just-in-state-looking-to-create-power-generation-entity-outside-of-eskom-20200203

https://www.miningmx.com/top-story/40048-mantashe-delivers-bombshell-as-asks-investors-to-support-independent-power-generation-firm/

https://www.dmr.gov.za/news-room/post/1841

Industrial development and beneficiation

We can create significant value, grow the economy and create employment opportunities through local processing and beneficiation. As part of our efforts in this regard, we are in the process of developing a mining and beneficiation masterplan for the sector, as part of implementation of the Mining Leadership Compact, and to grow the contribution of the mineral-energy complex to the economy.

Furthermore, Government, through its mining research entity Mintek, is involved in programmes aimed at identifying and supporting local beneficiation; such as:

Developing a global hydrogen and platinum-based fuel-cell economy.
Establishing a local Rare Earth Element mining and manufacturing industry
Manufacturing of high value products
Reviving the declining South African ferroalloys industry.

Alfa, do you know when is it expected to complete and start requiring vanadium?

Two things from this for me;
1. Unlike some visitors to this board China obviously see a future for vrfb
2. That is a huge amount of vanadium. Where will it come from and what impact will that have on the price of v?

Sorry about the mistake spelling your name paludina, only just realised.

Paladins and Alfa, they could also be holding some back as well

Pretty sure we came to the conclusion that the Vanchem opportunity came up and scuppered any possibility of firming a dividend policy until that was sorted.

I just wish people wouldn't judge me or my personal motivations by their own standards.

cautionary tale (doh)

Just a cautionary tail of how chasing a rising price can cause companies problems and an indication of how well our board of directors have done in securing deals for mines at the bottom of pricing cycles.

https://www.miningweekly.com/article/china-lithium-giant-faces-debt-mountain-after-deal-at-cycle-top-2020-01-31

https://www.proactiveinvestors.co.uk/companies/news/911960/discussing-the-outlook-for-rare-earths-with-roskill-s-david-merriman-911960.html

With respect to the Brits CPR there is a recommendation for further drilling. Is the drilling finished at Brits for the moment though?

Further drilling is recommended east of boreholes BVL021 and BVL023 as these holes have anomalously high V2O5 grades in magnetite concentrate in the Intermediate Seam (2.1 % and J4065 BMN Brits Vanadium CPR November 2019 Page: xiii 1.88 % respectively). Additional drilling is required to confirm the presence and extent of the potential high-grade zone.