Member Info for Pdub

Looks like mms played a blinder robbing panicking pi's then no doubt selling then higher later.

Assets worth just the same as yesterday remember, plus financing in place to develop Balcome

Aim yeah yeah yeah

Just my opinion but looks like sp dropped on opening. A few frightened pis give shares away then recovery.

Could be wrong of course.

Remember the oil still has the same value and will flow at the same rate. Money raised will get Balcombe going. Working towards another revenue stream and something we all wanted. Also water issue at Balcombe looks better understood.

Really? Why do you think those trying to take the company want it? To make a loss? Goid grief.

They want the company for its value ... to make money from its assets.

They recognise its value,brant it for themselves and want your shares cheaply.

Just my opinion.

Allthatguff I advised people to use their brain and think about the content of RNS and not focus on those stirring up emotional responses.

Point me to where I said this was a great RNS or stop lying.

It is what it is. People need to think before they jump ... unless of course you advocate panic.

Note the names of posters 'panicking' this morning. I have rarely read them. Why do you think they have turned up this mirning? Not interested in you. They want your shares.

I suggest genuine holders read the RNS carefully and think it through.

About to flow Brockham.
Finance in place to move Balcombe forward.
Boardroom nonsense that can be voted down.

Use your brain in planning your response.

Brockham oil is worth as much as it was yesterday!

Yes it does Gatto. Listening to people like you trying to spread fear and panic.

Calm down and use your brain.

Funny isn't it. All the nasty little LSE posters that you never see suddenly appear to talk the share down.

So BoD goings on true. That can be voted down

Brockham progressing. That's good.

Money raised to move Balcombe on.

Don't like YA but if that money speeds up revenue from Balcombe, whilst in the meantime Brockham produces, then perhaps a necessary evil.

Time not to panic as others would like you to do in order to pick up your shares cheaply.

To be clear in the 22.56 post I mean that the battery is probably not working YET as it may not have been commissioned!

The following was left off the 22.52 post at the end:

"Similarly, most of the storage deployed for future projects under the programme will be to ensure greater integration of renewable energy, applications that require long duration, daily storage, which fits into the technical and commercial superiority of the VRFB technology;’
ESKOM is looking at a number of programs including the potential to potentially replace some 9,000MW of natural gas capacity for peak-time generation with alternative energy storage.
Conclusion: Bushveld Energy has a distinct first mover advantage in the supply of vanadium redox batteries into the South African market. We expect this ‘technology’ element to add significant value to the ground and to enhance the overall rating of the business as the roll out of vanadium redox batteries gains recognition and sales momentum."

Nervous is certainly an emotion I don't feel when when I read this summary. Excited? Oh yes!

Regards. Pdub.

You expressed concern over whether the Eskom battery is working? Well quite possibly not as the article states that commissioning is likely in the new year and after summer shut down. Therefore should be of no concern. Just let them get on with it.

The previous problem if I recall accurately was to do with filling the electrolyte(again happy to be corrected) but the technology is provided by UET who seem to know what they are doing.

Hope that helps.

Basil I suggest you read this. It may calm your nerves. I didn't tag it but from memory I think it was published in late November, possibly by SP Angel. Someone may correct or confirm.

Bushveld Minerals are working towards the completion of the Eskom vanadium redox flow battery (“VRFB”) project ahead of the start of commissioning expected in December.
The joint venture was awarded a grant by the US Trade and Development Agency, in support of the Eskom project and energy storage industry in South Africa.
The EIA for the new electrolyte production facility in East London is due in H1 2019.
Bushveld Energy expects to supply samples to potential electrolyte customers in the coming months.
The market for battery storage in both South Africa and Africa overall is seen as ‘significant and immediate’, especially for long-duration and high-volume daily utilisation applications that are ideal for vanadium flow batteries.
The Bushveld Energy team are gaining significant knowledge and experience in the design and implementation of vanadium redox battery instillation and this should give the team a distinct competitive advantage in this relatively new technology and market.
We expect the expansion and rollout to be financed out of cash flow for the relatively modest $10m capital cost of the Electrolyte plant and for the vanadium redox batteries to be financed through the use of funds from the US Trade and Development Agency, the IDC (South Africa), ESKOM and possibly the World Bank. We also expect other banking facilities to become available to support vanadium electrolyte production and sales through bank finance and leasing facilities.
The first Eskom VRFB project is due for completion in December. It sounds as if commissioning is in the new year post the South African holiday shutdown.
‘Test work on the Electrolyte project has been performed by two external parties in the conversion of vanadium feedstock from Bushveld Vametco into vanadium electrolyte, yielding positive results for both single and mixed-acid electrolytes. The results are preliminary; however, Bushveld Energy expects to be able to start supplying electrolyte samples to potential customers in the coming months.’
‘In October 2018, the World Bank Group announced a $1 billion programme to support the deployment of energy storage in low to middle income countries. The programme is expected to mobilise a further $4bn in donor funding and private sector investment to deliver 17,500 MWh of energy storage in these countries by 2025. This announcement is not only an excellent development for energy storage globally, but for Bushveld Energy and its market focus on Africa. With typically over 1/3 of World Bank Group funding directed to sub-Saharan Africa, the programme will likely aim to deliver 5,000-6,000 MWh of storage in Africa alone, or an average of 1,000 MWh per year. Similarly, most of the storage deployed for future projects under the programme will be to ensure greater integration

Sammy my understanding is that this phase of Brockham development is production testing. Therefore as they seek to establish optimum flow rates the oil will not be flowing 24/7. Thus 300 bopd would represent potentially much higher flow rates during testing. I am sure Alan can either correct my simple explanation or give a far better explanation.

Good find RK.

In my opinion we are entering a very exciting phase in the history of Brockham and to some extent the Weald. Let's try to avoid the bb becoming an aggressive conflict zone. Seems to be typical of AIM that when things start to go positive for a company the usual idiots turn up. They are best ignored and countered with positive statements under a different thread title.

Let's avoid infighting.

Haha fair point knuttie.

As far as I am concerned there is one poster that deserves to be top of that list for quality of analysis and the ability to bring together complex strands into one cohesive case it is BBN. I would happily trade my place.

A little embarrassed to report this but LSE top 4 recommended posts all BMN (in order Alfa, RK, Nick, Pdub) and Sanchez in 7.

Was about to report that I had had an email exchange with Admin and that they were reviewing the case. Seems the decision is out.

Well done Admin if that is the case. And well done Alan. Welcome back.

Baz 6 months ago this sp was 5.25p. Right now it stands at 11.60p..

That is a rise of 121%. Some who invested then would say it's done very well.

If oil flows in good commercial quantity from the Kimmeridge do you seriously think the market won't respond?

Seems to me you either have an alternative agenda or you lack sufficient patience to trade on AIM.

just my opinion.

I have emailed Admin expressing my concern and requesting a review. No idea if a single pi can have any impact. Probably not but at I least I have tried.

Regards. Pdub.