Member Info for RichKen

This is correct. If you read the Bushveld Minerals website you will find this information.
Then expert you will become one ;-)

YTSS - It is a more common element on the planet than copper!

The only thing that is rare is the number of mines in the world - we as you know are one of three pure-play miners the world - Largo Resources, Glencore Rhovan, and Bushveld Minerals, this is unlikely to change for the next 3 years.

Advantages:
- No Degradation - Unlike Lithium-Ion batteries that lose capacity and power delivery capability with each cycle
- No worrying about State of Charge - Some solid state batteries can't be discharged to less than 15%.
- Discharge - VRFBs to zero with no change in behaviour.
- No cooling system required
- Flexible operation -Rapid change from charge to discharge and no memory effects allows for multiple grid storage functions
- Long capacity times - Simply increase electrolyte tanks to get longer running times.
- Price scales sublinearly.
- Fully Recyclable - Electrolyte can be reused in other batteries or reprocessed to generate Vanadium Pentoxide for steel strengthening.
- Inherently safe - No thermal runaway, unlike Lithium-Ion. No overvoltage or Arc-Flash danger.

Vanadium Requirement:
5,000 Tonnes of Vanadium per GWh stored using VRFB Electrolyte

Hope this helps.

Cheers RK

Vauch - BigByteNow posted this earlier! He again has posted so great insight today:

From what I have been able to find out there is clear evidence that European FeV prices have at the very least bottomed out in this particular re-trace. My opinion only of course.

We should all appreciate that the combined period of the run up to Christmas and the Chinese New Year, is the strongest and longest period the vanadium price must endure without significant Chinese demand, across the entire year. It doesn't really matter if its down to winter stocks being run down, the extended holidays, the fact that steel mills in China really did stock up in anticipation of the new rebar regulations, or indeed a combination of all 3. It is about the fact that given the potential multiple headwinds out there, European FeV prices have been able to turn north right in the middle of that period when in reality they should be being pressured by Chinese stock that cannot find a home, but they aren't.

European FeV prices were as low as $71 on 21.12.2018. There is visible evidence that they were $75 on 04.01.2018 and that they have since risen to the $77-78 range as of last week. That is an impressive move given that Chinese prices are hovering around $70 and the Chinese market was very quiet during this stated period of rises in Europe and so the export market from China seeking better prices, should have been stronger.

Prices could well retrace a little as we approach the Chinese New Year but from what I have seen of the vanadium market these last 2 years or so, is that it is about the physical signal of a turn in the opposite direction that is key. Yes there have been minor corections along the way, but when the trend changes it is a solid and significant change.

More importantly, if European prices can rise during the Christmas holiday period, when Chinese traders remain active and have the opportunity of better prices, given they don't celebrate this holiday, then what does that say about the European market going forward into periods when those Chinese buyers come back in.

That is why for me the 10% or so move north over the Christmas period is more significant than it is currently being appreciated for. If Chinese prices had been higher than Europe then I would be less focused on this, but they weren't when this action started back on 21.12.2018. It's all opinion driven based on limited data, but I believe this lays the foundations for the strength of what we are about to witness post Chinese Year on all pricing fronts.

- Experienced mining entrepreneurs in our BOD.
- No outstanding warrants or debt.
- Dividend policy to be announced in the next few weeks.
- Bushveld own 74% of Vametco.
- Vametco 2018 profits are looking huge even at the current FeV prices and production levels.
- Our share of Vametco profits after tax is around £2m per week at current max production and FeV prices of $100/kg.
- The current world vanadium supply deficit will remain for at least the next 3 to4 years.
- The new Chinese rebar standards, which started in November, will increase vanadium demand by a further 30%.
- The Chinese are banning imports of vanadium s l a g.
- The environmental crackdown in China is fuelling the vanadium price rally further
- Global vanadium prices are looking excellent for 2019 and will no doubt pass the multi-year highs reached in November 18.
- China, one of the largest vanadium producers in the world, is expected to become a net importer of ferro-vanadium in the near future accelerating demand in steel and VRFB uses
- Vametco annual production capacity has increased to 3,750 mtV and we are implementing production levels to 5,000 mtV pa during 2019.
- All current production increases will be paid for through operating cash flows.
- Guidance for 2018 production was 2,600-2,650 tonnes of vanadium.
- The potential for 2019 will be circa 4000 mtV
- An additional brownfield vanadium production facilities to be secured with capacity up to 10,000 tonnes to be announced soon
- Our Mokopane mining licence is due any time - World largest vanadium resource
- Mokopane early revenue generation is coming based on off-take agreements
- With current V2O5 price this makes our Mokopane vanadium project potential hugely profitable.
- Brits vanadium - very high grades confirmed, thereby reducing Vametco production costs even further.
- Further drilling is taking place at Vametco.
- Bushveld Energy is opening up the exciting VRFB sector.
- BE has agreements with UET and IDC.
- Commissioning of the demonstration VRFB with Eskom, the SA national power utility, is taking place. Potentially a huge contract is coming our way for supply!
- Electrolyte production plant is moving forward with production in 2019.
- Electrolyte leasing partner news to come.
- Imaloto coal has an MOU with Sinohydro.
- Imaloto coal BFS will be published shortly.
- Lemur has signed a binding 30-year power purchasing agreement with the Madagascar state-owned utility JIRAMA
- Potential Imaloto coal sale or spin-off - funding multiple projects ($200m)
- Our 10% Investment in Afritin Mining - first production starting.
- Other resources we have iron ore, titanium & phosphate.
- JSE listing coming soon
South Africa politics have improved significantly.
Ramaphosa’s South Africa is becoming investor friendly and foreign investment is encouraged.
Bushveld Minerals "The investment" - To infinity and beyond!

Focusing on Bushveld Minerals - their pathway is very clear we are producing a very in-demand mineral and selling it to a market place where there is so little competition. For new players to come in they need to speed minimum of $350 million dollars and by the time they come on stream, the market may not be quite so buoyant as it is now.

The growth will be more controlled and we should be by far the largest producer in the world! Which is one reason why we can be confident?
The second is there is no better energy storage battery system for large renewable and grid energy storage systems than the vanadium redox flow battery and we will be one of the biggest suppliers to this market with vanadium and electrolyte as well as our partner manufacturers. We will also have one of the largest inventories of vanadium n the world being leased out to clients.
So we have the potential to dominate the market as the next 2 to 3 years progresses with multiple revenue streams!

Is there anything here that I have missed that does not make this the most compelling investment of 2019 to 2023?

Ophidian, you may well be right, the timing would be perfect!

There are so many ways the Q4 results could bring huge stimulus right now, with exciting series of news already made very clear indeed.

Sanchez your scenario A is the best for those who have done sufficient research. But we still need to be watching to make sure market parameters are still going in the direction needed and the company is still either undervalued or making sufficient money to pay exceptional dividends.

Your example are good ones and recent ones from 2016 are Boohoo, Burford, ASOS (as mentioned), Blue Prism, Keywords Studios and of course Bushveld Minerals. They have solid fundamentals and are delivering growth. Out of that list the UK based companies have experienced the Brexit effect, but are long term very strong. Boohoo was the next ASOS. But both have experienced tough market changes.

However focusing on Bushveld Minerals - there pathway is very clear we are producing a very in-demand mineral and selling it to a market place where there is so little competition. For new players to come in they need to speed minimum of $350 million dollars and by the time they come on stream, the market may not be quite so buoyant as it is now.

The growth will be more controlled and we should be by far the largest producer in the world! Which is one reason why we can be confident?
The second is there is no better energy storage battery system for large renewable and grid energy storage systems than the vanadium redox flow battery and we will be one of the biggest suppliers to this market with vanadium and electrolyte as well as our partner manufacturers. We will also have one of the largest inventories of vanadium n the world being leased out to clients.
So we have the potential to dominate the market as the next 2 to 3 years progresses with multiple revenue streams!

Is there anything here that I have missed that does not make this the most compelling investment of 2019 to 2023?

See earlier posts Vauch.

Daisan, On the flip side the trend line for growth on that graph gave the £1 date in December. when the chart was extended.

Not reported by me just to be clear!

I-H didn't agree with the downside potential yet as the short potential of selling £250 worth of shares won't be effective.

Also as the scenario was as likely as Teresa May winning a standing ovation for delivering a perfect Brexit and it was as relevant as a cooling system on a vanadium redox flow battery.

Potential stock price increases may well see us rise to the following levels

2019 year-end likely to be £1.60 to £2
2020 year-end likely to be in excess of £4
2021 year-end could be around £8 to £10

Beyond this it would be hard to calculate but renewable energy storage will be a huge market and Bushveld is best placed in Africa to take full advantage in the global time frame when Africa could just become the next China with serious investment with current low earning levels it has huge growth potential and power to towns and villages is key to growth.

There has already been all over Africa many infrastructure projects funded by China due to political alignments in the United Nations conferences. These projects in the long-term need power. But Africa is unlikely to ever install a international grid power structure. So solar, wind and hydroelectric projects in combination localised energy storage will be the perfect solution (using VRFB). Bushveld energy ae in a perfect position to fulfil these projects as through key partnerships and this will be key to building the growth of Bushveld Energy

Going forward we should expect a dividend policy paying dividends in the range 3% to 5% per annum of the share price.

How much more do you need from an investment? Very good reason to Invest.

This share remains undervalued. So as a buying opportunity at these levels will not be around for much longer.

If you want to learn about the processes and potential, please watch the videos and interviews on Bushveld Minerals YouTube Channel. https://www.youtube.com/channel/UCc_3XPHNfLOw-lpWYko7k5g

The amazing future here in 2019 and beyond looks very good indeed. There are risks with any investment and you should do full research like many on this board have already done.

Cheers,
RK

This is an incredible growth stock for 2019 has the potential for an uplift of 400 to 500%. This is not just a figure plugged from the air this is based on the following key growth factors:

1. Bushveld Vametco will not only reaching its current throughput capacity of 3700 mtv in the first two quarters of 2019 and then with the plant upgrade to 5000 mtv in the second part of 2019 is moving towards completing early. This could bring a target for 2019 at around 4000 mtv.

2. Operation costs including taxes for Vametco coming all in at less than $35,000 per tonne with average selling prices likely to be a minimum of $80,000 per tonne rising mid-year with increased demand to $125,000 to $150,000.

3. Bushveld Energy will confirm the construction of the new Electrolyte plant which will produce up to 1000 MWh of electrolyte from their own vanadium. In phases from initial production of 200 MWh. This business will become part of one of the largest markets in the energy world.

4. Bushveld Energy will confirm supply contracts with their VRFB partner's supplying companies in South Africa with Eskom and others

5. Expect to see the confirmation of mining at the Brits from 3rd quarter of 2019 with supplies into Vametco which just over 1000m away. It will become a continuation of the existing mine and extend the life of the mine to a minimum of 35 years

6. Expect to have confirmation of an existing brownfield site to come under the ownership and control of Bushveld Minerals later this year which will give additional capacity for processing up to 10,000 tonnes per year. This will de-risk the operation at Vametco.

7. News when the Mokopane Licence arrives has potential capacity in the long term produce 20,000 to 25,0000 tonnes of V205 per year from the world’s largest high-grade resource. When this is finally announced it will be transformational to the global requirement for vanadium for VRFB.

8. Lemur Coal asset, the company is maximising the asset value for this project which will supply into a joint venture power station in Madagascar. This asset which is not a core part of the business is likely to be floated or sold depending on which will create the best cash return for Bushveld Minerals, but this will be a valuable asset with a value in excess of $200 million.

9. New partnerships being confirmed for VRFB and Electrolyte Leasing agreements potentially being brokered by our new broker BMO.

This company will grow very quickly, and revenue income will be incredibly strong indeed going forward. This will reward very well those who invest here especially with patience to see the growth through. This is not really a trading stock. It is a phenomenal growth investment that from our current stock price will reward new investors very handsomely.

DaddybigBucks - 14th February is the date - I'm Loving It!

Huge announcements between now and then!

- surprise news that Vametco exceeded 800 mtV in Q4
- new investors confirmed
- a defined timeline for projects in 2019
- early completion date for 5000 mtV
- clear terms of JSE listing
- Great news from Eskom on successful trials with UET battery
- resource confirmation at Vametco with extended LOM
- new electrolyte pilot trials at Vametco underway for work with partner VRFB manufacturer
- Amazing new tie-up deal with UET to produce VRFB in East London next to the new Electrolyte plant under construction

That should do it! I would love to write the RNS's!
Cheers,
RK

Happy to share it Nick - Joint development project ;-)

Hi Nick,

Glad you are back my friend I have been trying to fill your shoes with the key points whilst you are away, just to make sure all newcomers had some key points in place. I borrowed your master list with some RichKen mods! I hope you didn't mind just to keep it current!

All excellent news!

Cheers,
RK

Welcome back! Hols over?

Only relevant info today for us:

China Ferro Vanadium 80% FOB US$70.5/kg vs US$70.3/kg

Gambitxjs - I am sure you will know with others here but I am right in remembering that both Mapochs and Highveld were bought by IRL a Chinese company. There offices are in the same area as Bushy’s. This was in 2016 and 2017?
Mapochs was a huge steel producer and vanadium s l a g was produced as a major by product.
Do we know what the future could hold for these plants?

Continued:
The lives saved by good building practice and not taking short cuts is critical to people’s safety.

Then we have global warming and technology to save the environment. This was my key factor in research for minerals / metals / technology that will change the world. Vanadium Redox Flow Batteries were my biggest discovery and my conquest was to find out about vanadium and where it came from. Apart from seeing as an engineer on spanner’s! This was how I found this investment. It was a few weeks before I found this share chat after already investing £10k at 5p. Having read this board and doing more research I found myself compelled to by more as I could see the huge potential. The people here including you Pdub and your story of meeting Fortune gave me more encouragement. In total I invested a considerable some here and it has already made well over a million pounds of profit.
I am totally convinced that holding here and adding more is very prudent indeed.
This company, the potential and uses for vanadium are massive it really will be one of THE super minerals going forward.
I find difficult people hard to fathom, because I look for the good in people and I want people to succeed. Not everyone can see it our way. We are not perfect by a long way and nobody is. But in life occasionally you find something incredible and this is one of those things. Long may the growth of this company and the friendships of this community succeed in making everyone’s life’s a little better.
I wish everyone success in their investing.
Cheers
RK

I am glad you disagree with me about IH having his/her arms around us! I was being facetious. I always like to treat people as i would wish to be treated myself. So I try to give people a chance. However it is important to make your point in a way to make people see that your or not of a one track mind.

It is incredible that someone with such a small investment comes on here with so much criticism of LTH’s when we share the knowledge built up.

My points were focused on the work and influence of this community. Our belief in this investment is so strong that we want to share it with the wider world as it will benefit so many. The benefit is based on the following:
The world is building taller and taller buildings and they need strength. The Chinese particularly have a desire to prove they can build the tallest buildings. Often housing thousands of people. The vanadium in the steel rebar and the reinforcement must have Vanadium to give the building long term strength.