Member Info for RichKen

It should be noted that according to the top 10 holdings on Bushveld Minerals website based on the Global Companies listed who include Private Investors the total holdings as listed is:
512,969,627 shares of the total of:
1,119,727,953 shares in issue
This means that PI's hold 45.81% of all the shares worth £132,089,679 today!
The directors hold: 39,891,667 shares which is 3.56%

The key finacial institutions working with PI's are:
Hargreaves and Lansdown
Halifax Share Dealing
Interactive Investor
AJ Bell
Barclays Wealth
Equiniti Finacial Services

This goes to show the great confidence that Private Investors have in this business and many must read this website and possibly contribute on this board. Pretty confident statistics by any standard.

Let's look forward to the news that will again drive the share price up - Q1 Vametco with resource update coming very soon.

The rest are with either Equity Funds or large holders declared or undeclared.

Just some interesting facts!

I have not met a financial advisor who suggests investing large sums of money in an AIM list mining company. Especially a sum which they would say if you can't afford to lose it don't invest. They would suggest a balanced portfolio of funds where the risk is spread, especially for a pension.

Investing in a company like Bushveld is only for those that fully understand the risk / reward and are fully confident in the company and its long term goals and the possibility of achieving them.

Some people do post some absolute rubbish.

Best stop posting Richyp123 - You will not be buying any shares in Bushveld Minerals for 10p.

Did you read BigByteNow's message earlier? If you did you clearly have no idea about company valuations and business at all.

I would get back to your maths homework. You are making yourself look either very idiotic indeed or you are just being stupid.

From SP Angel Our Broker today!

Bushveld Minerals (BMN LN) - Vanadium prices lookup following the recent correction

Ferro Vanadium 80% FOB (China) US$51.5/kg vs US$51.5/kg
ushveld Minerals (BMN LN) 26.3, Mkt cap £294m - Vanadium prices look up following recent correction

Ferro-vanadium prices are looking up according to latest price data from AsiaMetals on Bloomberg.
The mid-price for ferro-vanadium in China rose to $51.50/kgV yesterday from a low of $48.5/kgV having started the year at $75/kgV.
Failure to enforce Green Shield environmental regulations and new standards on higher vanadium content in steel may have contributed to the punishment of 163 Chinese officials in Shandong province.
China's Ministry of Ecology and Environment said Shandong officials not only failed to meet guidelines on industrial overcapacity, but also deceived central government inspectors and tried to cover up illegal behavior.
The rise in ferro-vanadium prices may help Bushveld Minerals* shares go higher. Bushveld Minerals sets sights on SA power market (Business Day)
*SP Angel acts as Nomad & broker to Bushveld Minerals.

You can subscribe to daily alerts from our broker on their website which will give you facts.

So, LawrenceH and Richyp123 if you are going to post on here please make sure you post facts not fiction!

Thanks ever so much.

Thanks Nick!

Updated:
Just a summary to see the picture.

Q4 - 2017 - All together 22nd January - Vametco - 631 mtV

2018

Q1 - Lemur Holdings - 5th April
Q1 - Bushveld Energy - 11th April
Q1 - Bushveld Vametco - 27th April - 731 mtV

Q2 - Lemur Holdings - 4th July
Q2 - Bushveld Energy - 11th July
Q2 - Bushveld Vametco - 22nd August - 629 mtV

Q3 - Lemur Holdings - 17th October
Q3 - Bushveld Energy - 29th November
Q3 - Bushveld Vametco - 9th November - 537 mtV

Q4 - Bushveld Vametco - 30th January 2019 - 657 mtV
Q4 - Lemur - 13th February 2019
Q4 - Bushveld Energy – 27th March 2019

Total production for 2018 - 2554 mtV

Strong EBITA up 349% year on year to $107.5 million.

2019

Q1 – Lemur - 10th April 2019 - Project on target and signed PPF $1m funding from DBSA. BFS is completed by Sinohydro. EPC contract negotiations underway. SEIA due in Q2. Very positive update! BMN is delivering a huge project!
Q1 – Bushveld Vametco – Including latest production update and resource info - on the grapevine from the shipping data to the US this looks very promising! Could this come this week?
Q1 – Bushveld Energy

Other news due soon:

- 2018 Full Accounts
- Bushveld Minerals Dividend Policy and possibly a token dividend in 2019
- News on Vametco upgrade and full 2019 production targets
- Second Brownfield Site purchase to increase production outputs
- Brits Mine plans for the future
- JSE Listing end of Q2 or the beginning of Q3
- Mokopane Mining License
- News on Bushveld Energy commencing the electrolyte and VRFB assembly plant

Bushveld is committed to increasing the vanadium mining output to 10,000 mtV in the medium term
Bushveld is building the Electrolyte plant to produce an initial output of 200 MWh of electrolyte and expandable to 1000 MWh
Lemur on track to deliver a mine and power project in Madagascar and create over 1000 jobs benefiting the economy in a major way.

Pressure has returned on global vanadium demand and prices are starting to rise again which means our profits are going to be increasing again too in Q2.

So you can see clearly there is much to raise interest and all the substance needed going forward to raise our stock price considerably towards our broker targets.

I do not think that Fortune or Mikhail are anywhere near realising the value they would be happy to consider selling the business.

Why is this:

1. They are young guys who are highly motivated and they have a passion and want to build this company into something South Africa can be proud of.

2. The company is too young and has so much it can achieve. The upside potential would be nowhere near achieved if it was sold to a global miner or even an energy company. It needs the direction of passionate people and that is what it has now.

3. Bushveld Vametco and Bushveld Energy have such huge upside potential. We are looking at Vametco delivering at least 10,000 mtV per annum with the combination from Vametco and Brits once it is fully expanded. The Bushveld Energy business will not be stopping at 1000 MWh of electrolyte, this is the first destination for the business and they, of course, want the VRFB assembly plant in full operation. They are also looking to partner with potential renewable businesses to offer a full project package going forward which will maximise the service and operation income from the full package. Of course, we should remember the leasing business partnership which will create a strong revenue stream for Bushveld Energy on top of the streams of income already in place over a minimum of 20 years for every ESS that electrolyte is supplied to.

4. Bushveld Mokopane - this mine is currently the largest high-grade vanadium asset in the world and once this mine is allowed to be opened and a state of the are process plant is built it will have the potential to produce more than 10,000 mtV on its own and potentially more with V205. The revenue stream from this mine beyond 2027 could be extremely profitable.

So if you add the potential revenue and the value that these two businesses could maintain will give Bushveld Minerals a very high valuation indeed. This may be 2023 to 2027 but if you are growing a business and you have put your heart and soul into it why cut yourself short? I have given potential valuations before and some don't or can not see what I have predicted, but eventually, this business if everything happens as envisaged, will have a significant valuation.

As Alfa has said even £2 as a valuation is too little based on the upside. Many of our PI's would be more than happy with this right now I am sure. But, that is not the point. For the BOD it is about their success and delivering on a plan which they feel they can deliver on and quite possibly no others could do in the same way.

Look on the business reaching its real value starting from 2023 and reaching its peak around 2025 to 2030, based on the global need for energy storage if we are to stop this global warming cycle.

https://www.greentechmedia.com/articles/read/aps-and-fluence-investigating-explosion-at-arizona-energy-storage-facility#gs.6qwsp7

The issues with Lithium-Ion as large battery storage is going to be questioned.

Another reason that VRFB are the way forward for battery storage systems. The safety factor alone is going to be a driver. Let alone the life of the system or the depth of charge.

Given the opportunity right now with the situation Largo have, the timing for Glencore could not be better. This may maybe a big lift for their current shareholders. If it doesn’t happen soon the global vanadium price will have lifted and it will cost Glencore a lot more money than it would right now. Maybe that will be announced in May. That would be a rabbit out of the hat moment for Largo.

It will certainly be interesting to watch what Glencore do over the coming days with respect to Largo. Their shareholders will not be happy if the price of V205 was dropped so that Glencore can put a very low offer in to buy a substantial holding in the company as Canadian and US Private investors sell with the news as we have seen from the article. The Largo SP is down 3% today.

Once Glencore gained a substantial holding they would be able to control the market and up the prices again in Europe. Handing the profits back in there own pockets. However, the Chinese market clearly are feeling now the impact of the shortage of vanadium and prices are under huge pressure upwards. So they better be quick with a post-Easter bid!

That is Largo's situation. But it is not Bushveld Minerals situation!

It is again a reinforcement of Bushveld Minerals position that have all in operational costs of under $35 per kilo (including taxes), that any price over this level means pure profit. Especially as they don't have a burden of any debt repayments and are sitting cash rich after the profits from 2018 which will soon be made very clear.

It is easy to see FeV prices jumping back up above $75 to $80 per kilo quickly and potentially a lot higher once the tolerance period for rebar vanadium standards is over. The effectiveness of our Nitrovan products means lower addition rates for steel producers and this is why the product is so popular as we have discussed here many times.

Buying pressure will be coming stronger from the VRFB world this year and getting stronger year on year. Especially as global pressure seems to be really taking on the need for renewables and the need to reduce or even eliminate the use of carbon-emitting fuels.

This story really is just beginning and Bushveld Minerals are well placed to really take a lead whatever happens. Their expansion capability is second to none when it comes to unlocking that 440 million tonnes of vanadium containing ore! Currently, they are literally scratching the surface!

All looking very good for us this year!

This also opens up another question. Glencore's of-take agreement is due to come to an end soon. This would mean they would have to buy at either higher prices from Largo or other sources or expand their other assets.

One way they could secure their future would be whilst the vanadium price is lower, they may try to take a controlling stake in Largo with a take over over. No would be the time to execute such a taking before the vanadium market really takes off. Maybe they have been behind the vanadium price drops?

Updated again:
Just a summary to see the picture.

Q4 - 2017 - All together 22nd January - Vametco - 631 mtV

2018

Q1 - Lemur Holdings - 5th April
Q1 - Bushveld Energy - 11th April
Q1 - Bushveld Vametco - 27th April - 731 mtV

Q2 - Lemur Holdings - 4th July
Q2 - Bushveld Energy - 11th July
Q2 - Bushveld Vametco - 22nd August - 629 mtV

Q3 - Lemur Holdings - 17th October
Q3 - Bushveld Energy - 29th November
Q3 - Bushveld Vametco - 9th November - 537 mtV

Q4 - Bushveld Vametco - 30th January 2019 - 657 mtV
Q4 - Lemur - 13th February 2019
Q4 - Bushveld Energy – 27th March 2019

Total production for 2018 - 2554 mtV

Strong EBITA up 349% year on year to $107.5 million.

2019

Q1 – Lemur - 10th April 2019 - Project on target and signed PPF $1m funding from DBSA. BFS is completed by Sinohydro. EPC contract negotiations underway. SEIA due in Q2. Very positive update! BMN is delivering a huge project!
Q1 – Bushveld Vametco – Including latest production update and resource info - on the grapevine from the shipping data to the US this looks very promising! Could this come this week?
Q1 – Bushveld Energy

Other news due soon:

- 2018 Full Accounts
- Bushveld Minerals Dividend Policy and possibly a token dividend in 2019
- News on Vametco upgrade and full 2019 production targets
- Second Brownfield Site purchase to increase production outputs
- Brits Mine plans for the future
- JSE Listing end of Q2 or the beginning of Q3
- Mokopane Mining License
- News on Bushveld Energy commencing the electrolyte and VRFB assembly plant

Bushveld is committed to increasing the vanadium mining output to 10,000 mtV in the medium term
Bushveld is building the Electrolyte plant to produce an initial output of 200 MWh of electrolyte and expandable to 1000 MWh
Lemur on track to deliver a mine and power project in Madagascar and create over 1000 jobs benefiting the economy in a major way.

Pressure has returned on global vanadium demand and prices are starting to rise again which means our profits are going to be increasing again too in Q2.

So you can see clearly there is much to raise interest and all the substance needed going forward to raise our stock price considerably towards our broker targets.

The business fundamentals have never looked so strong and the way this company structure is set out, the upside potential is very strong indeed from our current position.

Why?
Bushveld Vametco is mining and selling a prime grade of Vanadium called Nitrovan 12 or 16 - expected production is around 3000 mtV in 2019.
In the last 3 months the price of vanadium has dropped significantly. However all the signs from market experts point to a rise in vanadium prices through this year. The global requirement for vanadium will become very strong through the year and the supply chain remains limited. Bushveld currently are supplying around 5% of the worlds supply.
Bushveld Minerals have a separate business, Bushveld Energy, who are building a VRFB electrolyte plant which is due to enter full production in the first quarter of 2020. In addition to the electrolyte plant there will be VRFB assembly plant. This market is one new area of energy storage which is set to grow exponentially and Bushveld are set to be one of the key players in this market.

Broker target - from SP Angel based on a $75 per kilo FeV Price 87p

What news is coming up?

- Q1 Vametco update - around the corner - latest production output, current resource update and mine upgrade updates

- Stunning 2018 accounts due which will ensure lazy investors will have a spot light on the income this company is amassing

- Foundations of the Bushveld Energy business from a vision to a reality in one of the most important global opportunities every

- a Vanadium resource ready to be grown which is the envy of the vanadium world - 440 MT of Vanadium containing ore

- a huge deficit in global supply, which will only develop further as the demand projected for vanadium grows from less than 100,000 mtV per year to 300,000 mtV per year by 2024.

- current FeV prices are set to increase dramatically due to increase of vanadium in rebar production and the new demand from VRFB

- Bushveld Minerals has built strength into its future to leverage against high and low vanadium prices to ensure long term growth in revenue

- Bushveld are targeting a large increase in mined capacity from 3000 mtV to 10,000 mtV over the next few years with more upside possible in the years beyond this

- huge opportunity for S.A. investors coming from the JSE joint listing which is coming in Q3 2019 which should have a very positive effect on the stock price

The recent drop in the BMN SP looks to have bottomed out and I am very confident in a years time we will all be saying we should have made better of that buying opportunity from April 2019. Everything is pointing including 3 broker ratings to a significant rise!

Please research this company fully before investing. All new investors need to understand what this company is about.

Everything you need to know is found on these two websites:

http://www.bushveldminerals.com/

https://www.thebushveldperspective.com/start-here

Qwerty, one difficulty for Niobium is that there is only one mine in South America and as a long term substitute for vanadium it is very limited. It also has many disadvantages in progressing in the steel mill.
Vanadium will always be the main strengthening additive for steel.
The Chinese government will want the stone coal production process carefully monitored. They are doing more in China to reduce the emissions and reduce smog and carbon than any other country right now. They are working very hard at this.

I am not sure that the vanadium price has been driven down by the Chinese. It did to start with but then the european price seamed to be driving the price down. I wonder which company in Europe controls the vanadium market in Europe. One think for sure it is not BMN. 60% of our materials go to the US market and there is a premium for our Nitrovan 12 and 16 product which many of our dim witted posters today probably have no idea about.

One thing is for sure we are due a very influential Q1 update with much news attached.

Pressure will build very quickly in the coming days and weeks.

Looking forward to the excitement in the weeks ahead.

Pdub - you have been a legend today. If I could have recommended your posts more than once I would have!

Cheers RK

Spbhoy - you are welcome to repost one of mine if you wish. Busy day for me today.

Excellent summary again Pdub!

This was shared by Mikhail on LinkedIn:
http://www.leadershiponline.co.za/_main-leadership.php/articles/new-technologies-ease-sa-into-a-low-carbon-future-28323.html

Pdub,

Many thanks for your truthful and honest approach and analysis on the up and coming news.

I think after the last two weeks it is very easy to forget that the companies strategy is very much in play and nothing has changed so far in their goals. The achievements in 2018 were outstanding and they did deliver on as much as was achievable in their control. The most critical point in 2018 was to increase ownership of Vametco to the maximum it could within South African mining laws. The fact that things were made even better by a rising vanadium price through 2018 which was accelerated by the change coming in China instigating the requirement to use exact amounts of vanadium in the 3 grades of rebar used in the construction industry. This resulted in China building up quantities of vanadium and the traders increasing prices. The world vanadium price then lifted and followed this uplift. Bushveld Minerals and Largo were able to make the most of this uplift.

This increased revenue which was much higher than anyone ad expected helped the company build a much higher reserve of cash to to be used to grow the business. Some of this news has already been made clear. This includes:
- The Vametco Solar and VRFB IPP Project which will help the company not only demonstrate the technology but reduce productions costs for the next 20 years by at least 8% due to energy savings which amplifies the low-cost production further
- Further plant upgrades which will be made clear in 2019 to increase Bushveld's vanadium production capacity ready for the opening market potential
- Add more funds to the Bushveld Energy Project to produce Vanadium electrolyte and assemble VRFB in what is highly likely to become one of the most important energy revolutions of the early 21st century away from high carbon energy production and give energy availability to parts of the world where it was not economical before. This will help communities develop.
- The company remains very bullish and determined about increasing capacity to 10,000 mtV per year within the next to 3 to 5 years and if they can deliver sooner you can be sure they will.

These incredible opportunities will deliver a future for Africa and for Bushveld Share holders and nothing has changed in the companies strategy and those of well-researched investors.

Everyone is disappointed to see the share price drop as it has and it creates uncertainty amongst investors, but the company will go on to deliver its goals. The question is will you hold or join in with this still amazing opportunity.

I am with Pdub and many others here who see the way this will play out and there is much opportunity for all. This company is not about to crash and burn it is making a profit and has no debt. But liftoff to the next level! No MM can stop it!

The investment chose is yours will you stay, will you invest or will you try to find something else.

There is for me, too much good here and I am staying! I wish every

This article may be from 2018 but it shows the point clearly that VRFB has a great opportunity and the prices for vanadium actually being lower will help integrated miners produce competitive solutions.
https://investingnews.com/daily/resource-investing/battery-metals-investing/vanadium-investing/vanadium-energy-storage-solution-future-2/

There are so many points that new visitors to this board may miss very easily without fully researching the vanadium industry and the way the energy market is opening up.

Bushveld Minerals are very much in the centre of this opportunity and are one of the best placed companies with the largest mineral resource of 440 mt of vanadium ore at content of an average over 1.7%.

With a mine producing and exporting around 60% of their premium product Nitrovan to the US with expansion already fully funded for future growth they are set to reap the reward going forward.

The world will be looking more and more to Vanadium Redox Flow Batteries for ESS projects as they are safe, they have the capacity to charge and discharge multiple times per day with longer life typically 2, 4, 6 or even 8 hours depth of charge depending on the size. The even more important point is that after 20 years of life the vanadium can be fully recycled and used again either in new electrolyte or in the steel industry. 20 years of life without loss of depth of charge is revolutionary compared to Lithium Ion.

As Endion has made clear we are well ahead of the game in one of the continents which is based placed to make the most of this huge market. Where energy is a real essential and where there is real problems with old technology which is on the brink of failure every day. Combinations of renewables with VRFB will be a key part of the full energy future.

We look forward to seeing this company with no debt and making serious profit still very week even if the price of vanadium was under $40 per kilo for FeV. No-one knows where the vanadium price will eventually settle but it is likely to be over the next two years higher than it is right now and our profits will be very good.

Looking forward to the next updates on the Bushveld story.

The business fundamentals have never looked so strong and the way this company structure is set out, the upside potential is very strong indeed from our current position.

Why?
Bushveld Vametco is mining and selling a prime grade of Vanadium called Nitrovan 12 or 16 - expected production is around 3000 mtV in 2019.
In the last 3 months the price of vanadium has dropped significantly. However all the signs from market experts point to a rise in vanadium prices through this year. The global requirement for vanadium will become very strong through the year and the supply chain remains limited. Bushveld currently are supplying around 5% of the worlds supply.
Bushveld Minerals have a separate business, Bushveld Energy, who are building a VRFB electrolyte plant which is due to enter full production in the first quarter of 2020. In addition to the electrolyte plant there will be VRFB assembly plant. This market is one new area of energy storage which is set to grow exponentially and Bushveld are set to be one of the key players in this market.

What news is coming up?

- Q1 Vametco update - around the corner - latest production output, current resource update and mine upgrade updates

- Stunning 2018 accounts due which will ensure lazy investors will have a spot light on the income this company is amassing

- Foundations of the Bushveld Energy business from a vision to a reality in one of the most important global opportunities every

- a Vanadium resource ready to be grown which is the envy of the vanadium world - 440 MT of Vanadium containing ore

- a huge deficit in global supply, which will only develop further as the demand projected for vanadium grows from less than 100,000 mtV per year to 300,000 mtV per year by 2024.

- current FeV prices are set to increase dramatically due to increase of vanadium in rebar production and the new demand from VRFB

- Bushveld Minerals has built strength into its future to leverage against high and low vanadium prices to ensure long term growth in revenue

- Bushveld are targeting a large increase in mined capacity from 3000 mtV to 10,000 mtV over the next few years with more upside possible in the years beyond this

- huge opportunity for S.A. investors coming from the JSE joint listing which is coming in Q3 2019 which should have a very positive effect on the stock price

The recent drop in the BMN SP looks to have bottomed out and I am very confident in a years time we will all be saying we should have made better of that buying opportunity from April 2019. Everything is pointing including 3 broker ratings to a significant rise!

Please research this company fully before investing. All new investors need to understand what this company is about.

Everything you need to know is found on these two websites:

http://www.bushveldminerals.com/

https://www.thebushveldperspective.com/start-here2

I just wanted to wish you a very happy special Birthday!
I know you are going through a tough time at the moment with chemo as you know I have seen all the side effects. But I know you are super positive as a man and as a loyal investor here.
I really hope your day is been very special and you have been spoilt in every way.

A huge thanks for all you contributions here and the positive points you make!

Cheers RK

That would be a very interesting conference for those fluent in mandarin. Would love to know the detailed numbers and projections in the Chinese rebar market for 2020 and 2021.
I wonder where all the vanadium will come from to meet the potential demand in The global construction industry and the developing ESS VRFB market.
One thing is a sure as sure, the current reduction in prices can only be very short lived.
Could Bushveld set up a joint venture with our Australian friends? That would be a interesting progression to build a global vanadium business with technology and knowledge share?
Exciting times.
Great find LG!