Member Info for RichKen

I think we would like that very much Alfa!

We thought you would never ask...

RNS’s due very soon:

Q4 Lemur – Update on progress of the coal project in Madagascar which has a 30 year supply contract to supply a new power station under construction. Bushveld are in the process of ensuring this asset has the maximum value possible before the potential sell off or flotation

Q4 Bushveld Vametco Update – This is currently our huge revenue and cash generator and we are expecting news on production for the last quarter in 2018 which will have generated record profits. This update should give news on future production expectations for 2019 and news on plant expansion as well as a possible time table

Q4 Bushveld Energy Update – This is our potentially huge revenue generator as it is the tech aspect of our business which is expected to be able to generate 10 times the value of Bushveld Vametco going forward.
- Expect progress on the trial VRFB at Eskom
- Expect progress and more information on the construction of the new production facility
- More information on the BE business going forward

Bushveld Dividend Policy – News expected in the first quarter to explain how the company will allocate profit to be used for paying dividends

This is just the start, expect soon more too.

As NickD is on holiday - he might want new readers to see this:

Fortune Mojapelo told us ‘The story of Bushveld Minerals is not yet half told’.

- Experienced mining entrepreneurs are now on board.
- No outstanding warrants now.
- Dividend policy to be announced in the next few weeks.
- 74% of Vametco is now owned.
- 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.
- There is a world vanadium supply deficit and this will remain for at least the next 3-4 years.
- The new Chinese rebar standards, which started in November, will increase their vanadium demand by a further 30%.
- The Chinese are banning the import of vanadium s l a g.
- The environmental crackdown in China is fueling the vanadium price rally further.
- Vanadium prices are looking excellent for 2019 and will no doubt pass the multi-year highs already reached.
- 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
- Vametco annual production capacity has increased to 3,750 tonnes and we are now targeting production levels of 5,000 tonnes pa by the end of 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.
- Brownfield vanadium production facilities to increase our capacity to 10,000 tonnes and beyond news expected soon
- Our Mokopane mining licence is due any time - World largest vanadium rsource
- Mokopane early revenue generation is coming based on off-take agreements
- The current V2O5 price is making our Mokopane vanadium project hugely profitable.
- Brits vanadium - very high grades expected, thereby reducing Vametco production costs even further.
- Further drilling is taking place at Vametco.
- Bushveld Energy is in the very 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 is moving forward for 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
- Our 10% Investment in Afritin Mining - first production commencing soon.
- Other resources we have iron ore, titanium & phosphate.
- JSE listing coming up.
South Africa politics have improved significantly.
Ramaphosa’s South Africa is becoming investor friendly and encouraging foreign investment.
All very positive for business and mining in South

Part 2

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

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.

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

Me too Pdub. I am amazed to see me next to Alfa - Of course, he is the man.
But if BBN keeps posting the way he is he will be right up with Alfa. The way posts are recommended on this board I would not be surprised to see Bushy posters fill the top 8 spots!
So many great posts on this board they should all be recommended. Quality of research, discussion and input is second to none. What a team of amazing investors!!

100% Agree Sanchez, sorry I hadn't worked down the posts that far when I posted. PB940 has made some excellent posts and they are all recommended!

In end, Fortune is a genius and funding and buying assets and expansion in the most creative way with minimum dilution and maximum potential for growth and income. Even as a collective we don't seem always to get close to what he comes up with. But for investors that is one of the key points when you are not close to the team and all the information to decipher the full assets you have and their value.

Cheers,
RK

BBN and all, some very good points this morning which will make good lunch time reading for anyone!

One point which you have made in your outline of the history really stuck out to me. We have been talking about the dilution and potential raising capital via the JSE. Bushveld was very astute with the acquisition of Lemour as they needed at the time for the reasons you have made very clear. So this brings me to the crux. Lemur if it has a value of $200 million and it could potentially be sold or floated to raise that amount of capital which would cover the investment needed. Fortune has already hinted at this in his interview in October when he said he wanted to maximise the value of that business. This would prevent any dilution and bring in all required funds to cover all currently needed investment ($170million)?

This is only one thought and one way this could be worked. But it has potential to keep the business focussed on Vanadium and Energy Storage Technology and offload the dirtier carbon side of the business which could be offputting to investors who are focused of renewables as this is a conflict of interest. So you deal with two very important points.

Cheers,
RK

Amazing that she is improving so quickly. Do send her our best.
Tough times bud. Keep strong.

Hi Knuttie,
Sorry should have asked before but I hope all is going well with Liz’s recovery. Our thoughts are with you every day. Keep strong and get plenty of rest. You must be having tough days travelling in and out of hospital every day. Some how adrenaline keeps you going. All being well she will soon be home!
Cheers RK

Pdub by the way I hope the scan goes well and if there is anything they can sort it quickly and get you back to full strength. Keep strong my friend. We will remember you in prayer.
Cheers RK.

Many thanks BB. Kind words. It is great to share with sincerity from the heart. In live it is so much better to give and help.
Pdub, I think in the morning you need to share some of your insight and wisdom on Bushy fundamentals. You know the ones.
Cheers all!

BMNfan. Bit harsh bud?
Not everyone is good at research and people need enpowerment and help.
You ever put your arm around someone and said, no worries, i’ll help you. It is such a great feeling.
Have great night.
Cheers
RK

Chartist2 - really pleased to see the research you have completed has given you confidence to post based on the long term fundamentals. Long term we will see so much.
FekirTrader - it is always tough when you buy just after a big rise and then news flow drops off and there is a small retrace. But as you know the future is all but assured. Of course no company rises in a complete everyday rise. But as you can see from the year summary every time we have had substantial news updates the stock price has taken another lift.
I admit I am always very positive, but if I had any doubts I would be very quiet. I agree with BBN’s thoughts that at some point for the large capex items additional funding will be required. But this will give huge lifts in income and future sustainability for the business in the growing market.
There will be somebody again caught out buying one day an RNS will land with a capital raise and it will fall back. But that retrace will be short lived once the potential is bought back in. If we New the day and the hour we could all trade that out. But it will be impossible. In the end you have to set your own time table, your own targets and go by this.
I once bought a substantial investment in Boohoo at 38 p. When I found BMN I sold a significant amount of that share around £1.40. It went in to rise to over £2.50 whilst BMN only increased by a small % at that time. However go forward from March 17 to January 19 and my investment is well on its way to make me significant financial stability. I have added all the way. I have bought when I have had the money available. Over that time the timing has not always been perfect. My last large buy was at around 48p. But even in two weeks if it is 65p I will add again. With this investment it is very clear we are heading in a very good direction. No investment is risk free and nobody has bought at every good time. It is about the long game. This is the best way to invest as long as you are confident in the company’s fundamentals, it management and its vision. But it must be in a growing market with clear need.
I hope this gives you a very balanced concept on investing strategy and that nothing is perfect. But good research is very worth while. This board and the many investors on it are all on the same page.
Hope this really helps.
Cheers
RK

If you just flick into a share and do no due diligence, then this maybe correct. Every share has risks. But not many companies are this well placed, this well funded, making this much money and own this much resource and are supplying a market with this much need! Sorry long sentence!
But I-H is not happy if you don’t say it may go down as well as up. Still this one is going up and the music will be harmonious when it does for many. Though some may have inner thoughts of envy, when it does unless they get on board.
Each to there own. But I am super confident and very excited.
Cheers
RK

FerkirTrader - If you are asking where the share price might be by the end of January, I think we could be in the range 55 to 65p. Depending on the news. But the price could rise much further than that, 75p is possible and even the broker target of 87p.
Q4 Vametco, Q4 Bushveld Energy between them is highly likely to give a substantial lift.
Depending on the other news and how it comes in the opportunities for slip back in 2019 will be very difficult to call.
It will be difficult now to see any slip back in the next few weeks.
Cheers,
RK

Letstryagian - Also if you want to understand also please read this and you will learn a whole lot more:

It will help you understand the journey much better to why this is growing as we are seeing.

https://www.thebushveldperspective.com/blog/public-articles-1/post/mandela-to-mojapelo-a-vision-to-change-africa-for-good-384

Cheers,
RK

Have you seen this:

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 selling prices likely to be a minimum of $85,000 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 is only next door (just over 1000m away). It will become a continuation of the existing mine.

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.

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

Cost all in on FeV production to BMn including taxes is just under $35,000 per tonne.