Member Info for RichKen

You are right gambitxjs. It sure was in the public domain. It is amazing how many people leave everything so open on FB. Nice to see people working hard enjoying their place of work and having a good and happy family life from hard work and is good to see. Will bring much hope to locals, to see that working for a company like Bushveld Minerals will give them a good standard of living!

Now Ophidian - what do you see on the screen.... :-)

Well I-H as always you have your arm around the investors on the board bringing balance and making sure we don't get over-optimistic or too excited.

It is right to think that when we read information and multiple people with large investment stakes in a company keep assuring people than this build confidence and more people invest. It is a bit like a group of people liking some specific object and then everyone wants to have one. Humans are influenced by good influential speakers and impressive presentations. You may have a crowd forming. But most, when it involves money will do serious research.

However, I think you will find that there is a group of very intelligent investors here, who have not just made money here, but in multiple places on their journey to this very investment. What makes this one standout is the fundamentals.

You seek your confirmation on the TECA board. From your posts, you clearly have some interest here and must have a stake otherwise you would not waste your time.

This investment has become already legendary in the last two years not because of the fact that many have made a substantial amount of money, but because the research is completed by the community and the points backed up knowledge of the market, the markets potential and the eye for attention and detail from the board. Clearly, the new market of VRFB and energy storage is one of the most important industries to come into existence and the need to reduce carbon emissions is huge. This company has set the foundations to be right in the foundation of a huge new industry and it has a plans to become the largest vanadium producer in the world and it has the reserves to do just that.

In the last few years, there has not been a company which seems to have so much in place like this one, with a group of directors who are not greedy, but highly motivated to change the world and build a very successful company in a country which has not had the best of political situations over many decades. They want to be seen as pioneers in a multicultural Africa and make their country something to be proud of. Their employees follow this vision too.

Everything seems to be sitting very well and this is a story very easy to convey. Most companies have dreams. This company is delivering realities!

I am sure every investor here shares this focus, and vision and they are very happy to see the future development for Bushveld Minerals if they £100 invested here or £5 million invested here. They are very likely to see a significant return on that investment.

All my honest and sincere opinion.

Cheers,
RK

Also:

Q4 Updates from 2018 for Lemur, Bushveld Vametco, Bushveld Energy

Fortune Presenting at The Mining Imbada in Cape Town on 5th February

H2 Results for 2018 in by end of March 2019

Full Year Accounts for 2018 by end of June

A share price by the end of this year in around 400% higher than where we are today!

- 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 are 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 a 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 to infinity and beyond!

Come on folks - focus on the fundamentals, not the crowd!

This is a great group and the information unlooked here is incredible compared to other boards. Let's always stay polite and on point.

Goes to show why, when you have a Facebook account you should set the privacy to friends only!!

Gambitxjs - Not sure that is within LSE rules bud! Happy employees though!

China Ferro Vanadium 80% FOB US$70.3/kg vs US$69.7/kg (AsiaMetals.com via Bloomberg) –

Ferro Vanadium rose 0.7% in China to US$70-72/kgV on a week earlier and US$76.5-78/kgV for 78% ferro-vanadium in Western Europe (Fastmarkets MB).

I am wondering if we might have to wait till next week for the updates?

Fortune will want to be able to present at Imbada 2019 with fresh news for his presentations. With JSE listing as top bill and the outline of activities for 2019 clearly ready for implication linked to a positive finish in 2018.

If you were about to present the detailed portfolio to your home country and bring on all these new excited investors they would want to know their investments were going to make them a very good return.

The other thought is will they wait till after the JSE listing to hold the price down? Could the JSE listing be the first announcement and maybe they will do special invitation days to Vametco in the coming days to show their lined up investors and then release the news based on an agreed opening price on JSE.

The anticipation of what we will see over the coming weeks is quite mind-blowing!

BBN's cautious outline is always very much in line with the BMN Board of Directors, well thought out strategy with just enough excitement to make you want more, but with enough to be very content to be invested.

It is interesting how other investors on other boards view BMN and compare potential investments to us. They seem to think we have hit the top. However, we know that we are just at the base of our mountain, on our ascent to base camp in 2019 before setting off to the top of a very high mountain within 5 years.

Lots to ponder on! Thanks for all the great posts this morning to one and all!

Cheers,
RK

The $200 million figure was stated by Fortune Mojapelo in one of his interviews.
What ever they need to do to give the best return at the key time will be for the best reasons. I am sure it will be well explained.
I do hope in many ways this is a sell she the cash comes in to fund key investments.
I am sure we would not have to wait for too long to learn.
Cheers RK

You are right Brad. These deliveries are making Bushy big money. 2019 will as time goes on bring potentially larger deliveries and higher revenue.
When we are at 1200 mtV per quarter and an average price of $110 per kilo. The income will propel our SP way above the £1 level. That is just Bushveld Vametco.
Fortune has told us BE will be worth 10 times the value of Vametco.
42p is very cheap for £10 notes. In just 3 years time.
Might just be the making of a few investors.
Exciting times lay ahead.
Cheers RK

I-H and DA,
I understand your points. The cap is very low and an influx of buyers will lift the price.
But the price of each commodity from the three material streams by the current prices is not that large. So to expect it to be in the same league as BMN is very naive.
Also look at the salaries the directors are being paid. Compare this to BMN two years ago and even today. There salaries are lower and yet they are making huge profits every week. In excess of $2 million per week.
Look at the asset value in the reports. This doesn’t right now add up. Everything is dependent on the analysis is the sample supply and if the off take partner is happy. This may take 12 months from now. The report says so.
I am just pointing out why it would be prudent to see how this unfolds. There is insufficient interviews and real information in concrete here to be sure to invest any substantial amount. It really is a punt. If the pig iron prices rise then it might be more interesting. That may happen.
If I could see a clear path to revenues with certainty’s I would be right in with you guys. If this is really good, the BOD should be shouting about it. If the trial samples prove good and the partner agrees to of take then you might see this rise nicely.
I wish you all well and hope it does succeed. My money is staying put. I hope for you all I am wrong.
Cheers
RK

Anyone got a good feeling about the week ahead?

I am looking forward with serious anticipation to the unlocking of all our potential. The next two weeks could colour in the cash elephant!

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=IRON&ArticleCode=eskat5th&ArticleHeadline=Final_results_for_the_year_ended_30_June_2018

Essential reading - all of it!

V205 is sold in Ibs (not £'s)

If you read the DFS RNS from 23rd April 2014 where they explain the resource you will see they expect 415 mtV per annum. This is not a large number.

Sorry, don't get too excited. Do some more research before you get too excited! Read their 2018 annual report in detail before investing too much money here.

Just to close this out. Ironveld stated in their DFS on 23rd April 2014 that they would intend to supply 415 tonnes of vanadium slag per annum based on processing around 41,000 tonnes of high purity iron.
So as a number not very significant. There are multiple buts though as they are only at sampling stage with there of take partners and there does not look to be any firm production for at least 12 months. So this potential does not look to be to exciting just yet.
Looking at Bushveld Minerals are production at Vametco should be towards 1200 mtV per month once the phase 3 upgrade is completed this year. No competition to Bushveld and unlikely to be anything like us as a business.
Cheers
RK

LIION - the Ironveld project is close to the Mokopane mine. The amount of vanadium in the Ironveld project is nothing like our resource. However, given the potential uptake in VRFB and that Bushveld Energy will need in the short term a considerable amount, it would be short sited for off take not to be considered. Clearly it depends on demand and how quickly we are able to expand the facilities. The other option for them would be to Glencore similar to Largo. If we assume it stays local. It could of course be shipped to others going into this market. But time will tell.
Bushveld Minerals have between the three mines the largest high quality resource, but we have to develop those to meet our demand and those of our client base going forward.
The global demand with VRFB take up is huge.
Let’s see what happens.
Cheers
RK

Lindon, there is enough references and interesting stuff in that document to keep the board busy.
Starting that there is currently 3GW of storage on our grid currently and this is expected to grow to 12 to 29GW (huge gap).
So if we had VRFB, bearing in mind that 1GW uses 5000 mtv of vanadium there is a huge market just in the UK over the next 30 years.
Exciting stuff for the energy storage market. That is just one country in the world. Wow.
Cheers
RK

I’ll leave the rest to talk handbags ..... ;-))

Thank you all for feedback some excellent information and insight based your long term research.

The resource base. Is positive and it would be easy to look at the other local company back in 2014 / 2015 where many invested and see similar outlook.

I will watch carefully and may even invest an amount, that has the potential to multiply. The only point limiting adding a good some is the risk / reward is still more risk until the of take agreement is in place.

I am not here to promote any other share even though it is clear from my post history where my focus has been for the last 21 months. I have a good history in finding potential growth stories, but the timing is the key point. I have been resding the RNS’s over time here but so far it has not stood out. The time maybe coming. The market cap is very low and if the resource could be unlocked, the upside potential is exciting.

Thanks to all for the feedback, I will do more research and follow the advice I give out to others. In one hour you can learn a lot about a company if you look in the right places. I know where to look!

But more time will unlock more.

Cheers
RK

Bushveld Minerals will have the opportunity to make cash revenue in future from these multiple streams:

- Selling high grade Ferro Vanadium – 4000 to 5000 mtv per annum rising to 10,000 mtv
- Selling Vanadium V205 - p
- Electrolyte production from 4000 mtv
- Leasing Mixed Vanadium Electrolyte – accumulating from 4000 mtv per year
- Reprocessing Electrolyte – future revenue stream
- Partnership in VRFB manufacturing – future revenue stream
- Consultation on energy storage – future revenue stream
- Percentage of income from Afritin profits (they own 10% of the company ATM.L)

These are all going to build this company’s value and the supply into VRFB will hedge any variances on the vanadium prices

Cheers
RK

The relationship between Bushveld Minerals and Bushveld Energy as a vertically integrated supplier meaning you maximise your revenue by adding value twice, then the partnership with UET the VRFB manufacturer and the real requirement in Africa for electricity supply’s in outlying areas is huge. The potential will blow the socks off anyone with any investment concerns, with where we can easily the potential lies even with Eskom in South Africa itself. Quite how Fortune and Mikhail and the team have managed to build these incredible bridges, to set this in place, is truly mind blowing.

That total collaboration with the potential in South Africa, as well as the rest of the African continent as it goes through its own evolution and China growth moment over the next ten years, will make this company a multi-billion pound company. Don’t forget that the relationships between China and the African nations have been forged through many political alignments, where many African Nations have sided with China in many UN votes and in return, China has invested infrastructure projects and industry. The first need and foremost in any new development of a region, is power! So, through partnerships Bushveld Energy has the potential to be absolutely huge as the first truly "African Energy Storage Supplier" utilising African resource and with the built-in Africa label which will please any nationalistic African.

Timing is just perfect. Once others open their eyes to this and see the light, they will truly regret not being in invested in this company.

Risks - not many. We will have Vametco mine in operation, Brits expected to become an operational mine in 2019 and the largest potential high grade vanadium mine in the world Mokopane awaiting its mining licence, we have one existing processing plant at Vametco, minimum of two potential processing plants going forward, at least one electrolyte plant, a VRFB assembly plant (joint venture), an electrolyte leasing company (joint venture).

Mokopane has potential to be supplying 25,000 to 35,000 mtv per year and producing a minimum of 1000 MWh of electrolyte (if everything plans out, this is likely to be fur times that by 2025 to 2027).

Company Valuation in 2028, less than ten years from now if VRFB technology becomes the number one energy storage medium for grid and off-grid we could see a company market cap circa 15 to 20 billion? It will be a big number. We won’t be talking about China, we will be talking about Africa as it will have morphed into the up an coming manufacturing continent with low labour costs and mineral resources at their finger tips.

This surely is a compelling investment opportunity at just over 40 pence.

Please do your own research there are many places to do just that.

Cheers,
RK