Member Info for RichKen

Just to link this all together from my post earlier in the week:

With respect to redT it is a progress of merger with Avalon (https://www.avalonbattery.com/) in the US. This merger will likely lead to listing on the UK market. It is not clear if this will be AIM or FTSE and the details of this merger are still due to be announced in the weeks ahead.

Bushveld Minerals have VIP partnerships with both Avalon and redT - see RNS 1st Nov 2019, this is to help both companies and provide an opportunity for vanadium supply agreement option -https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/r7ovzjx and from this week with a Vanadium supply and lease agreement with redT -https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/wvk3qqx

Bushveld Minerals had already set up the facility to work with Avalon with respect to a vanadium Electrolyte Lease agreement in the 31st July 2019 business update which was the first of its kind - RNS -https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/rn6qypw

These three RNS's clearly explain the structure.

The VIP agreements are partnerships to build across the industry support to the VRFB manufacturers from the fastest growing vertically integrated vanadium mining business in the world. Time will tell if these partnerships will one day bring together even further either mergers or long term acquisitions.
Bushveld Energy is working with other investors at the purchase of Enerox GmbH is Austria subject to completion of full due diligence. The technology from the acquisition may influence the partnership with Avalon/redT in terms of supply chain and technology. But these mergers and acquisitions have to be completed before we know any more detail.

redT have a VRFB installation in Cornwall which the UK Government have been flowing with interest as I was recently informed by the previous Energy and Business Minister and now redT will be supplying one of the most in-focus energy storage systems for the Oxford Hub. This will not go unnoticed in the UK market place and the fact we know Bushveld Minerals will be supplying the V205 to a UK electrolyte processor likely to be Oxkem in Reading (not confirmed anywhere - just a hunch), not so far from the redT offices just the other side of the M4. Is all very good news!

This is all significant background to the opportunities which are making Bushveld Minerals one very investible company!

I still think in 5 years this company will have a market cap of around £5 billion and yet thanks to the market crash and the coronavirus people can buy in at such a low price is unbelievable.

Cheers, RK

Further to the point made by BBN about vanadium electrolyte partners, I suggested the other day that Oxkem in Reading is the likely partner, but they amazingly are not the only manufacturer. In Chester there is another company which has developed a system for production of high quality vanadium electrolyte, C-Tech. https://www.ctechinnovation.com/technology/vanadium-electrolyte-production-equipment/
Investors may not be aware of these two companies which are already giving options for a supply chain here in the UK. This would work very well for the VIP network.
Cheers RK

Hi Evidently,
I noticed you have asked this question twice and with all the focus on the SP and the elephant in the room your question has been ignored.

Firstly with respect to redT it is a progress of merger with Avalon (https://www.avalonbattery.com/) in the US. This merger will likely lead to listing on the UK market. It is not clear if this will be AIM or FTSE and the details of this merger are still due to be announced in the weeks ahead.

Bushveld Minerals have VIP partnerships with both Avalon and redT - see RNS 1st Nov 2019, this is to help both companies and provide an opportunity for vanadium supply agreement option -https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/r7ovzjx and from this week with a Vanadium supply and lease agreement with redT -https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/wvk3qqx

Bushveld Minerals had already set up the facility to work with Avalon with respect to a vanadium Electrolyte Lease agreement in the 31st July 2019 business update which was the first of its kind - RNS -https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/rn6qypw

These three RNS's clearly explain the structure.

The VIP agreements are partnerships to build across the industry support to the VRFB manufacturers from the fastest growing vertically integrated vanadium mining business in the world. Time will tell if these partnerships will one day bring together even further either mergers or long term acquisitions.
Bushveld Energy are working with other investors at the purchase of Enerox GmbH is Austria subject to completion of full due diligence. The technology from the acquisition may influence the partnership with Avalon/redT interms of supply chain and technology. But these mergers and acquisitions have to be completed before we know any more detail.

redT have a VRFB installation in Cornwall which the UK Government have been flowing with interest as I was recently informed by the previous Energy and Business Minister and now redT will be supplying one of the most in-focus energy storage systems for the Oxford Hub. Thsi will not go unnoticed in the UK market place and the fact we know Bushveld Minerals will be supplying the V205 to a UK electrolyte processor likely to be Oxkem in Reading (not confirmed anywhere - just a hunch), not so far from the redT offices just the other side of the M4. Is all very good news!

I am not sure if this helps you. But this is all significant background to the opportunities which are making Bushveld Minerals one very investible company!

I still think in 5 years this company will have a market cap of around £5 billion and yet thanks to the market crash and the coronavirus people can buy in at less than 10p a share - unbelievable. Just 14 days ago our share price was 24/25p.

Cheers, RK

I trust this updated version presents the company summary in a better light - thanks for the pointers this morning. I have had a busy day out today!

Sounds like the Chancellor has found a fat envelope under his chair - in all his revelations on making Britan better - It is a shame we didn't get any revelations on renewable energy and energy storage - that was a missed opportunity that was! Still lost of investment on EV charging points which is a great location for large energy storage systems for all those 350kW charging points!
Did he really say they will build 40 hospitals (another suitable location for solar roofs and long duration energy storage! Lots of new roads and bridges, so lots of rebar containing vanadium required then!
Just hope we see a swift recovery on our SP tomorrow!
Cheers all, RK

The key factors which make BMN investable:

- Bushveld Minerals are a "Profitable Vertically Integrated Vanadium Business!"
- With 3 mines – Vametco, Brits and Mokopane
- Nitrovan is a key product to strengthen steel from its Vametco Mine
- Vanadium is also used in a breaking electrolyte technology used in large energy storage batteries
- Bushveld has two processing plants Vametco 3200 mtV and Vanchem 1100 mtV - currently producing a combination of 4300 mtV, in last year with an average selling price of circa US$40 per kilo with an operation coast of circa US$19 – but operation costs are much lower in 2020
- Bushveld has plans to more than double the capacity of these two plants to 8400 mtV pa within 3 years
- Of the 3 mines Vametco is in full operation, Brits is an extension to Vametco and Mokopane which has its licence for mining fully approved and this will be the largest high-grade Vanadium mine in the world – DFS later this year and expect the mine to be opened in 2021
- Bushveld has built up a new division called Bushveld Energy which has partnerships with Avalon, REDt and Enerox GmbH
- Bushveld Energy has installed at the Eskom Battery Test facility a VRFB which has been operational over a year which is being used for evaluation purposes
- The Bushveld Electrolyte Company is building a Vanadium Electrolyte 200MWh plant in East London (SA)
- The Electrolyte plant will eventually have the capacity for 1000MWh of electrolyte
- 1000MWh of electrolyte needs approximately 5000 mtV per year
- Bushveld Energy is working with multiple partners around the world through Vanitec to build the strongest business case for VRFB
- Bushveld Energy plan to build an assembly plant for VRFB is SA – an Enerox subsidiary is possible?
- The world supply chain for vanadium remains in deficit and although other projects around the world are in planning, Bushveld Minerals are so far ahead of the other players in every respect

Vanadium prices are rising in 2020 with the price today close to US$28 per kilo and our cost is below US$15 per kilo and we will be producing 4,300,000 kilos of vanadium in 2020!

The current limited supply puts Bushveld in one of the strongest positions as a primary Vanadium supplier with strong revenue growth predicted year on year!

These are the key aspects and are clear.

If you are not sure - then read this:

Last reported financial position is:
https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/xj0117w

Latest broker report following 2019 Q4 from SP Angel:
https://www.uploadlibrary.com/SPAngel_JohnMeyer/Bushveld_Q4_Operational_Production_Update_January_2020.pdf

Latest company presentation – February 2020:
http://www.bushveldminerals.com/wp-content/uploads/2020/02/BMN-Mining-Indaba-2020-Corporate-Presentation-Updated04022020.pdf

The Interview with the CEO's two is better than one:
https://youtu.be/p3QUjIL1rJQ

Target broker price 82 pence!

Some may see we are very unde

brasi - thanks for sharing the reply from Chika - most replies are looking the same.

The drop of the SP after some other stocks have rebounded is to be fair somewhat surprising. Many have removed stop losses due to the risk of losing out when the SP rebounds.

I still feel it would have been wise for the company to release an RNS explaining that in detail to all investors.

As a matter, of course, we are expecting the following news items which will reignite the share price (thanks to Bella for the reminder we need this):

1- Enerox GmbH - Completion of consortium buyout - subject to extended due diligence - lead by Bushveld Energy
2 - Completion of the merger of redT and Avalon - cementing the VIP investment and supply agreements for vanadium products
3. - Q1 2020 update - for Bushveld Vametco, Bushveld Vanchem, Bushveld Mokopane, Bushveld Energy and Lemur
4. - Eskom BESS contracts
5. - JSE/FTSE Listing in 2020
6. - New VIP agreements with VRFB manufacturers
7. - Full 2019 Company report
8. - Bushveld Electrolyte Company - commencement of plant and operational estimate

I trust this covers the key aspects!

Cheers,
RK

The key factors which make Bushveld Minerals investable:

- Bushveld Minerals are a mining business mining vanadium which is used to strengthen steel from its Vametco Mine
- Vanadium is also used in a breaking electrolyte technology used in large energy storage batteries
- Bushveld has two processing plants Vametco 3200 mtV and Vanchem 1100 mtV - currently producing a combination of 4300 mtV, in last year with an average selling price of circa US$40 per kilo with an operation coast of circa US$19 – but operation costs are lower in 2020
- Bushveld has plans to more than double the capacity of these two plants to 8400 mtV pa within 3 years
- Bushveld has 3 mines Vametco in operation, Brits and extension to Vametco and Mokopane which has its licence for mining fully approved and this happens to be the largest high-grade Vanadium mine in the world – DFS later this year and expect the mine to be opened in 2021
- Bushveld has built up a new division called Bushveld Energy which has partnerships with Avalon, REDt and Enerox GmbH
- Bushveld Energy has installed at the Eskom Battery Test facility a VRFB which has been operational over a year which is being used for evaluation purposes
- Bushveld Energy is in the process of building a Vanadium Electrolyte 200MWh plant in East London (SA)
- The Electrolyte plant will eventually have the capacity for 1000MWh of electrolyte
- 1000MWh of electrolyte needs approximately 5000 mtV per year
- Bushveld Energy is working with multiple partners around the world through Vanitec to build the strongest business case for VRFB
- Bushveld Energy plan to build an assembly plant for VRFB is SA – a Enerox subsidiary is possible?
- The world supply chain for vanadium remains in deficit and although other projects around the world are in planning, Bushveld Minerals are so far ahead of the other players in every respect

Vanadium prices are rising in 2020 with the price today close to US$28 per kilo and our cost is below US$15 per kilo and we will be producing 4,300,000 kilos of vanadium in 2020!

The current limited supply puts Bushveld in one of the strongest positions as a primary Vanadium supplier!

These are the key aspects and are clear.

If you are not sure - then read this:

http://www.bushveldminerals.com/wp-content/uploads/2019/06/Bushveld-2018-Annual-Report.pdf

Last reported financial position is:
https://polaris.brighterir.com/public/bushveld_minerals/news/rns/story/xj0117w

Latest broker report following 2019 Q4 from SP Angel:
https://www.uploadlibrary.com/SPAngel_JohnMeyer/Bushveld_Q4_Operational_Production_Update_January_2020.pdf

Latest company presentation – February 2020:
http://www.bushveldminerals.com/wp-content/uploads/2020/02/BMN-Mining-Indaba-2020-Corporate-Presentation-Updated04022020.pdf

The Interview with the CEO's two is better than one:
https://youtu.be/p3QUjIL1rJQ

Target broker price 82 pence!

Cheers RK

Currently up 2.94%. On the Canadian exchange.
There market is our market. But our customer base is greater. We also have a pioneering position in VRFB. For Largo it is a future ambition.

Sorry - “not may price to be” should say “may prove to be! “

DBB, to be honest right know it it is hard to predict!
Given the market movement we could indeed see a:
RNS assurance from Fortune. He did it last year, he knows our position and he could underline this to say to the market we are good the mine and processing plants are running at maximum capacity and our order book is full. We remind the market of our growing revenue from the VRFB VIP’s.
We could have an RNS with a large announcement which nobody is expecting not even the market makers or PI’s
We could have a TR1 either from a sell or a large buy which has been filled over months? Which may have completed.

One thing is certain that selling at this moment unless absolutely necessary and any price under 20p may price to be a very bad decision. The company yesterday announced a deal worth effectively over £2 million with long term revenue from the lease agreement. Sales on vanadium in 2020 are going to bring profits in excess of $50 million dollars. Announcements are due for fully funded energy storage projects and the construction and completion of a 200 MWh vanadium electrolyte plant in 2020.
The market makers are opportunists, that is their job. To us they are something we would rather not say. They could very easily march us straight back up in the morning and then rinse and repeat. But a solid RNS could easily put an end to this mess.
It is totally frustrating but we need to keep our heads! Sitting on your hands and buying if possible.
SP Angel still have a broker target of 82p. It seems something like impossible target now, but get CV over and the market recovery and we could be there sharply! I wish I was clairvoyant! But alas!
Keep your heads Bushy investors.
Cheers RK

No replies Brasi. I don’t actually expect one.
But I do expect we might see an RNS in the morning. Just my thoughts on the matter.
Cheers RK

We deserve to be up 100% minimum after yesterdays RNS!

Just remember are suppling the vanadium going to be used in one of the UK's most important battery energy storage systems yet! But it is not just a supply of vanadium it will be leased over the next 20 to 30 years. This is just the start!!

Ferro Vanadium 80% FOB (China) US$28.0/kg vs US$28.0/kg - holding strong

https://www.uploadlibrary.com/SPAngel_JohnMeyer/SP_Angel_-_Morning_View_-_Tuesday_10.03.20.pdf

Drifter88 - I certainly understand your points and that is why I wrote to Fortune yesterday sharing my reasons why I think a move to the FTSE is a key part of the future for Bushveld Minerals and I have to say I think he knows this and it is very much part of Bushveld Minerals future strategy. When this happens we will be the first to know and it will be RNS'ed! I suspect it is highly likely be announced sooner rather than later.
I am sure I am not the only PI who may have written to either Chika or Fortune in recent days. But one thing we all have to understand is that company strategy is determined by the board not the investors as they have the full picture. We would all love to have a bug in the CEO's office mind ;-))
I think there is one common factor here. Every investor believes in this company truly expects the SP to rise to levels it has never previously reached! That is why we are here.
AIM has proven that it is an introduction to the market in junior companies, but once a company is established and profit-making the best place is to be listed on the FTSE and that is where true international recognition will be established. For a SA company that will bring much panache and market value.
Cheers, RK

What a joy to have Alto investing!
I hope you have success with lobbying all the worlds fund managers to invest their 2 and 3 per cent in Bushveld Minerals from the oil companies where they were previously invested as this is a key forward investment in the energy storage business.
Please focus your attention on this activity through lobbying them and promotion of the vanadium business opportunities. Then your investment will grow.
If people want to make an impact then this is the way - share the reasons you invested and why you believe in your investment to be a sure thing. If you don't try to make a difference then you can't expect others to see the reason! Positivity is the key!
It is clear to see many Bushveld Minerals investors take a vested interest in the promotion and sharing the reasons to why this is such a great investment!
Then we will gain volume!
Let's see what happens next....

Bplanoyes - what a great moment to Bed and ISA! That should be a great future asset!

I love that line BBN!

'I get it and that is what matters" - It certainly is and when the world does start to get it what a place to be invested!

If I had a million pounds sitting waiting to be invested or 10 million pounds I would be very happy to invest it right here!

No advice meant, but that is my opinion!

Keep up you posts BBN much appreciated as always!

Cheers, RK

Drifter - Fortune cannot communicate directly with PI's without having the content checked via compliance that is why you will not get a response. Responses are from Chika, investor relations. However, Fortune does read the comments. I have been privileged with a full explanation in the past on this very subject.

There is no doubt that the company is making continued progress and you can be sure that both Fortune and Mikhail are highly motivated not only to build the most successful vanadium business in the world but also to ensure they are at the forefront on safe dependable energy storage that not only performs but is fully recyclable and therefore sustainable. That is why they are taking on the tag line 'circular society'.
As for confidence - I believe fortune has over 16 million shares as does Anthony Viljoen both founders of the business. So no one can say that they don't have a vested interest in building up shareholder value and even making significant profits to pay dividends when the profit metrics have been met. Why do we see them wanting to build the business to deliver 8400 mtV per annum, supply 1000MWh of vanadium electrolyte, assemble VRFB in SA, work with multiple partners around the world empowering the VRFB energy storage market?

This company remains seriously undervalued but seriously investable and will be a key part of the future global mega energy storage business which will drive the world towards a zero-emission target. Few companies have as motivated directors with the drive that our business does.

Cheers, RK

Whatever the price of oil is going forward if the world does not take up the challenge of clean energy for heating and transportation our planet faces a much bigger challenge than the coronavirus is giving today. Clearly renewable energy from solar and wind backed up with battery energy storage from Lithium-Ion and Vanadium Redox Flow Batteries is part of the solution. But hydrogen has a huge part to play in the future especial on developing EV technology, transportation and home energy systems to replace gas and oil heating systems. We need an emission-free heating and transportation systems around the planet.
Many large investors and fund managers are being steered away from fossil fuel investments and days like yesterday will underline the need to back new technologies companies like ITM power.
There is clearly a huge interest in this technology and role out, production of the systems and strong revenue generation will support this growth here. I have already invested in this business and I am looking to grow this and other renewable energy opportunities with strong revenue potential.
The bounce here today is hardly surprising as this is the future for power generation and in the independent UK we need a business like this to be at the core of our future power for vehicles and homes. I think more will see the light as the new factory comes on stream and really starts delivering more and more systems around the world.

For more information - look here https://www.itm-power.com/

1. Blue Day
2. A cure for Corona Virus
3. RNS Announcement of FTSE/JSE Listing
4. RNS On the East Londo Electrolyte Plant
5. RNS On Upgrades to Vanchem
6. RNS Another VIP with a home-style VRFB manufacturer
7. RNS Offtake agreement for Mokopane when it opens, in addition, to supply to Vanchem
8. RNS Enerox Completion
9. RNS redT/Avalon completion
10. Stock price finally reaches £1 and we have a dividend!

Hears to a good day one and all!

Cheers, RK