Member Info for RichKen

And a new pencil and longer ruler.
May need and eraser too.

I see we are the top chat board on LSE and the top 4 posters are all regular BMN supporters.

This company is top of the game and the potential about to be unlocked will take us to the next level.

Weekly Profit in excess of £1 million
No debt
Huge growth potential in the hottest future sector - energy Storage.

Cheers RK

Hi James,

So surely the key here is the long term revenue stream that will bring over the 20-year life of each VRFB that goes out into the market place supplied by BE. As time goes on year on year the income stream will grow and the most important point is surely that the vanadium in the electrolyte will be worth whatever the market price at the end of the period and it can either be turned back into Nitovan 12 or 16 or made back into new electrolyte.

So it really will be a long term revenue stream which will grow and grow.

Cheers, RK

You are as welcome here as a pile of dung. You bring nothing. Get back to TECA, M or other boards where you can post and love each other as much as you like or where ever you hang out. You can take your little friend with you if he will come. You can go on an art class in the local Zurich hills and eat Lindal Balls. See what beautiful graphs or hills you can draw!

If people bring something to the discussions here they are welcome we could not be more welcoming! When they just appear and add nothing they are just noise and you are such a person then they get short shrift.

You are protecting what with your comments free speech? Well, we have the right to respond and will do. If people come here and want to discuss Bushveld Minerals they are more than welcome. You have not done this yet.

You are filtered again! Good night and good riddance!

Strider4 - You must have the wrong board!

We are more likely to fly to the moon on Concorde than have a placing here!

Thanks to Alfa this was the most interesting read from last week and it brings together everything reached and seen in 3 great articles:

These articles were published on TBP in the last week:-

https://www.thebushveldperspective.com/blog/public-articles-1/post/vametco-mine-visit-407

https://www.thebushveldperspective.com/blog/public-articles-1/post/vametco-processing-plant-visit-408

https://www.thebushveldperspective.com/blog/public-articles-1/post/eskom-battery-site-visit-410

The most significant points of the week?

1. Alfa and Ninja visited the Vametco Mine and the Eskom VRFB Battery Test Site and gave a full report on the Bushveld Perspective website. The visit confirmed many points and gave us the great news that the VRFB at Eskom is operational and is ready for the 60-day test programme to prove its capabilities. They meet new Bushveld Energy Team members and they have all the expertise needed to make it succeed.

2. Indaba Mining Conference - Bushveld Minerals presented at multiple events at the Indaba and the positivity of the delegates and the new Bushveld Presentions were well received. There is a lot of excitement in the air about the future and Fortune and Mikhail are brimming with it!

3. The Political situation has received a major tick up following the Presidents State of Union address. He is focused on creating new employment opportunities for South Africans and new mining opportunities and production facilities are very much in his vision. The particular focus continues to be on locally produced renewable energy projects and that stands Bushveld in an exceptional position.

4. Eskom South Africa's energy supplier is to be broken up into smaller business units to allow an opening of new opportunities and again a focus on renewables will have benefits to Bushveld Energy's future potential.

5. We have learned this week that the floating on the JSE will take place at the end of Q2 or the begining of Q3 and that it remains if at all possible to dual list the company but raise any funds from the listing which means that current shareholders positions will not be diluted. This is very good news for existing holders and new investors between now and then. More details need to be made clear on this in the months ahead.

6. The AIM market for Bushveld Minerals as remained turbulent despite all this good news, but one thing is clear the tide is going to turn and when it does the share price will reward all patient holders. We will see a blue wave of buying and share price appreciation and we will exceed the highs of December very soon.

7. Our accounts are due in March and they will show a significant uptick in profits and these are going to become normal not some fluke. This company is succeeding and it has the will of South Africa behind it.

So it will be one of the stories of great success in 2019 you be sure.

What will we see this week coming - stock price rebound? BE Q4? News on Lemur? A surprise new investment?

Cheers, RK

Blimmy dubmaskullanga - You must want to be filtered with a post like that ;-))

One has to say that our hapless Chartist 2 is really making himself look like the board joker. I guess one needs to amuse oneself. His invisible chart is so accurate it is incredible. It is a bit like marking yourself at school. Rather easy to cheat oneself if I remember. Nothing published nothing proven. Just a mindless and rather a pointless fake.

If I wanted someone to guide by though charting ideas I would choose one of our most respected analysts Ophidian.

Even our best amateur chartist Bassguy publishes his charts and he reflects the mood that we are sitting on a cash elephant or even that old possibility the cash mamouth!

It is so good Ophidian we will earn the money twice!

One to Vametco for the vanadium, Once to Bushveld Energy for the solution and asset, Then recycle and do it again but still owning the asset! It is a genius! Income, and income and more income.

One might just think this good be a good investment? If I wasn't invested up to the max, I certainly would be investing!

All in my opinion of course ;-)

Cheers, RK

Interesting Question? Rebound Potential?

Given we are at 34.5 pence and we are making huge profits every week. We have everything set to break into one of the largest power generation industry on the planet and we are able to supply the very mineral needed to make it possible from the worlds largest high-grade resource (440MT of ore) !

I don't think a graph and a ruler will give anything like the potential rebound we may see over the months ahead!

Our chart yodeler has no clue as he does not understand what is driving this company. Profit, No Debt and Huge potential and very little global competition in the next 3 years. Our clients have such a limit choice of suppliers and the worlds largest market can't get enough vanadium to meet there increased demand. The cork on this bottle is about to pop. We have a lull and now a storm is coming and the pressure on the vanadium market is going to explode.

Where is our rebound potential? 60 to 80 pence would be very likely but once we get the momentum we could quickly find ourselves by the end of March over the £1 mark. Time will tell but the market forces are about to drive this yet again for multiple reasons.

To infinity and beyond! As our friend Buzz once said!

Our from another favorite line from a film - "I feel the need for speed!" Our SP will be on that very soon!

Cheers,
RK

For a full understanding of every aspect of Vanadium Redox Flow Batteries please do have a read of this detailed presentation:

http://www.bushveldminerals.com/wp-content/uploads/2018/11/Energy-Storage-Vanadium-Redox-Flow-Batteries-101.pdf

It covers all you need to know!

Cheers,
RK

Sorry, James. I had missed Ophidian has already pointed you to that very slide!

Cheers, RK

James0309

Have you seen slide 37?

http://www.bushveldminerals.com/wp-content/uploads/2019/02/February-2019-corporate-presentation.pdf

Details of the leasing model are clearly shown.

Cheers,
RK

Potential:

Global challenge:

1,000 MWh of VRFB-based energy storage requires ~6% of global vanadium supply
VRFBs could contribute ~44% of vanadium consumption by 2027
Vanadium input costs contribute ~40% of the cost of the VRFB systems
Vanadium prices have risen ~400% in the past 3 years

Bushveld Minerals Answer:
• Extensive vanadium resource in South Africa of ~ 440 Mt
• High grade of vanadium resources in Bushveld complex allow for low cost, primary vanadium production
• Existing low cost cash generating and scalable production platformBushveld vanadium projects are well positioned with a lower first-quartile cash cost to mitigate security of cost risk
• Bushveld’s new electrolyte rental product will reduce upfront costs and allocate them over long life-span of VRFB and reduce vanadium price risk

All important points when looking at Bushveld Energy.

Cheers,
RK

Advantages of VRFB:
• Long lifespan cycles: Ability to repeatedly charge / discharge over 35,000 times for a lifespan of over 20 years
• 100% depth of discharge: Without performance degradation is unique to VRFBs
• Lowest cost per kWh when fully used at least once daily makes VRFBs today cheaper
than Li-ion batteries
• Safe, with no fire risk from thermal runaway
• 100% of vanadium is re-usable upon decommissioning of the system
• Scalable capacity to store large quantities of energy
• Flexibility: Allows capture of the multi-stacked value of energy storage in grid applications
• Very fast response time of less than 70ms
• No cross-contamination: Only one battery element, unique among flow batteries

Applications of VRFBs

Driving grid efficiency – operational and capital expenditure
Peak shaving or peaking capacity
Regulating load frequency and providing other ancillary services Balancing PV and wind intermittency
Reducing and deferring capex for transmission and distribution lines
2. Driving grid independence
• Storing electricity from solar PV for use at night
• Lowering system costs for micro grids and islands
VRFBs are ideally suited for large scale, long duration storage applications

The flow battery, unlike conventional batteries, uses a liquid vanadium electrolyte to store energy in separated storage tanks, not in the power cell of the battery

• During operation these electrolytes are pumped through a stack of power cells, or membrane, where an electrochemical reaction takes place and electricity is produced
• VRFB is the simplest and most developed flow battery in mass commercial operations
The unique features of VRFBs make them ideal for utility scale, stationary energy storage applications

The growing adoption of VRFBs must overcome two key hurdles to be sustainable: security of supply and stability of vanadium input cost. Bushveld believes that the key to capturing this opportunity lies in a vertically integrated vanadium business model that provides both upstream and downstream enablers for the success of VRFBs in the global energy storage industry:

Security of supply
A 1 GWh VRFB system requires approximately 5,000 mtV in electrolyte, more than six per cent of current annual global vanadium consumption. As an example, if VRFBs capture even 25 per cent of the Bloomberg New Energy Finance forecast annual energy storage deployment of nearly 40GWh in 2027 it would indicate a vanadium demand of over 50,000 tonnes for energy storage alone. Accordingly, the ability to guarantee supply of vanadium for VRFBs will be key to the success of these systems.
Stability of vanadium costs
Vanadium makes up between 30 to 40 per cent of the cost of a VRFB system. The adoption of VRFBs thus depends on the relative and absolute vanadium price. Low cost primary producers with significant production capacity are well positioned to address price volatility. While such solutions could guarantee supply at fixed prices for a longer period, others include the option of never fully selling the vanadium and rather leasing or renting it out over the life of the VRFB or energy storage project. Moreover, there is significant economic value in the VRFB value chain to justify the downstream integration that would unlock these solutions.

The opportunity for stationary energy storage applications lies in both grid-connected and off-grid settings. For grids, energy storage’s proposition includes peak shaving, load shifting, transmission loss reductions, integration of renewable energy and frequency regulation. In non-grid settings, energy storage can be deployed in conjunction with local generation to separate from the grid, creating an islanded micro-grid with secure continuous energy supply.

The use of vanadium in energy storage, through VRFBs, has increased over the years and accounted for two per cent of vanadium consumption in 2017. Current forecasts estimate that VRFBs will account for 20 per cent of vanadium consumption by 2030, but with the significant upside of as much as 50,000 mtV demand by VRFBs if they capture 25 per cent of the energy storage market within the next 10 years.

In South Africa, demand for energy storage systems continues to rise, evidenced both by greater enquiries for provision of single-acid vanadium electrolyte or direct projects that require energy storage for at least four hours per day. The new government in South Africa and the renewal of investor confidence has brought encouraging signs that suggests a move towards increased regulatory clarity over the treatment of energy storage, the renewable energy programme and the direction of the country’s energy policy as published in the Department of Energy’s Integrated Resource Plan.

Bushveld Energy is focussed on developing and promoting the role of vanadium in the growing global energy storage market through application in VRFBs via two means:

(a) As a developer it develops and secures mandates for large-scale energy storage projects; and

(b) It is bringing the energy storage value chain to South Africa in order to leverage South Africa-mined and beneficiated vanadium. This includes the development and operation of a vanadium electrolyte production plant to supply to South African and international VRFB projects.

The energy storage market is fast growing and forecast to reach US$350 billion by 2030!! Of this market, the VRFBs are well positioned to take a significant share of the stationary energy storage market, on account of unique features that give them an edge in large-scale, stationary and long-duration energy storage applications.
The energy storage market has seen aggressive growth in the past few years and can well be considered to be at a tipping point. While consumer electronics and electric vehicles have attracted more media coverage in the past, stationary applications, particularly in utility scale applications are growing and are expected to claim a significant share of the overall energy storage market, with recent studies showing that:

Stationary energy storage demand is growing rapidly and will exceed 300GWh by 2030; and
While actual forecasts vary, most point to 20-40GWh of storage deployed annually by 2025.
In this market, the VRFBs are well positioned to take a significant share of the stationary energy storage market, on account of unique features that give them an edge in large scale, stationary and long duration energy storage applications. VRFB deployments continue to grow globally, led by China. Market intelligence points to two more ~400MWh sized VRFBs being procured in China in addition to the 800MWh system by Rongke Power and ~400MWh system by Pu Neng, which were announced in 2016 and 2017, respectively.

Clearly given that the Sp has dropped over the last 6 weeks. There must be a pile of shares sitting somewhere. The MM's only trade with what they need for the book each day.

There are is a total number of shares in issue: 1,119,727,953 (this is inclusive of 670,000 shares held in treasury)

From the list on the Bushveld Website we can see there are 346million shares not on the list! Now some of those let's say 100 million may be in others hands which are not a large enough number to be on the list.

But this would still mean that there are potentially 250 million shares available to buy. Why not shift these to JSE?

That is a huge number of shares. Depending on the float they could be moved between JSE and AIM one assumes?

Does anyone actually know the facts on this, because I cannot find it?

Cheers, RK