Bushveld Growth Story15 Jan 2019 07:34
Part 1
This is an incredible growth stock for 2019 has the potential for 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 $150 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 from our current stock price will reward new investors very handsomely.
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