RE: Hotel to operate on battery power4 Jan 2019 21:18
Corrected!
Alfa - you are spot on with your pick.
That relationship and its potential will blow the socks off anyone with any investment concerns, with where we envisage we are going. 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 2 or 3 mines, minimum of two processing plants, at least one electrolyte plant, a VRFB assembly plant (joint venture), an electrolyte leasing company (joint venture).
Supplying 25,000 to 35,000 mtv per year and producing a minimum of 1000 MWh of electrolyte (if everything takes of most likely 4 times that by 2025 to 2027).
Company Valuation - 2028 - ten years from now if VRFB technology becomes "Number 1" in energy storage for Grid and Off-Grid - Potentially 15 to 20 billion - who knows. It will be a big number. We won’t be talking about China, we will be talking about Africa.
Alfa - That book you are righting will sell better than any Warren Buffet book!
That's enough excitement for one night - I am home and time for a bottle of beer and a relax! Really!
Have a fantastic weekend all! Keep warm!
Cheers,
RK