Member Info for RichKen

Good afternoon investors,

I have also taken a position here today. I am a long term energy storage investor and this technology and oppertunity seems very postive. Low cost hydrogen production certainly has a very interresting future. The market at this moment may be down, but this gives new investors like me an oppertunity to get in at below market prices. This long term looks like a very strong investment potential. Buying in during a global crisis is always a good time (not of course for those immediately effected of which I have the greatest sympathy). The global energy situation is not going to change and renewable energy is the future, there will be a market for Lithium Ion batteries on EV's, future Hydrogen powered vehicles as well as stationary storage using both hydro, LI battery, vanadium flow battery's and hydrogen heating systems in homes and businesses.
This business going forward, looks to have a very strong oppertunity to be a market leader and being UK based right now gives it a very strong investment potential from both revenue and capital growth. If I can add anything I will.
Cheers, RK

Sorry my example was £100 per month! This is just a number not a calculated lease price. To be fair it should be less given the residual vale and the life of the system!

Well I have had two more buys this morning whilst they are reducing our valuation further! It is worth remembering that this company is making $1,000,000 profit per week. Just saying.
The current valuation is a very much in favour of this wishing to buy in. Especially international investors. Many PI’s maybe twitchy right now, but this is when smart money builds a position. Especially in well run and profitable undervalued companies.
I wonder if our opportunity to look at other potential VIP’s maybe opened up during this time. I would really like to see an investment in one of the domestic energy storage businesses like Voltarian or Voltstorage. Something which could give mass market appeal for the whole globe. These companies have not involved leasing in their products. We all lease cars why not lease an energy storage system? It would increase opportunity £100 per mounts would be much easier than a £7000 up front investment. This would speed up the uptake!
I think I might write to Mikhail....

Alfacomp, this is one very strong advantage to the introduction of VRFB in all global stationary storage situations!
I am surprised Vanitec have not pushed this in their promotion of VRFB! Certainly a good angle for Bushveld Energy across Africa and for all large African Energy providers.
Cheers, RK

One other point - the company is already making multi-million dollar profits just from Vametco and now it will do the same from Vanchem. Bushveld Energy is so multifaceted in its business model it is revenue streams coming from all its multiple investments as the come to fruition. The is a huge growth of assets and shows a remarkable strategy to make a business grow exponentially. It's just the market is still sleeping! Well, some investors are not and are making the most of this incredible buying opportunities!
Cheers, RK

Thanks Alfa - As always your points confirm all the reasons why Fortune and Mikhail have been so successful in building not only foundations of a great business but taken control of one of the key vanadium mines in the world and given the mine a hugely extended life with Brits. Then they have done everything ready to open the largest vanadium mine in the world which will become the key supply chain for the energy storage business which is being created undermined by the ultimate flow battery technology! These are all key factors that Mr Buffet would look for if his team have not already.
Great write up and contribution!
Cheers RK

Uksteveg- but you’re still here so you must be confident?? You have seen the progress. Sooner or later the value of the business will better reflect the assets growth.

Recently said that you are not buying shares you are buying a company. As the company grows it’s value and worth expands as its assets grow and so does its inventory.
This certainly applies to Bushveld Minerals - just look at what it is doing. That is why it is such a great long term investment!
You will find the Buffett interview on CNBC YouTube channel.

2024!

Me too! Up days are good days. I think we may have to be patient for a little longer. But when the cork is finally pulled this one might just take off in a away we will all be surprised by! The world may go into a mad investment and infrastructure mode after this current situation. The largest economies will want to create a huge stimulus! Construction and Power Generation with energy storage will be two of the key players over the next ten years. The world is going electric and renewables and storage are going to be the key.
The beautiful grey mineral called vanadium is going to be one critical mineral. The world may have more of it in the earths crust than copper, but there are only two large players outside China and Russia, Bushveld Minerals and Largo ( I exclude Glencore as they keep very quiet about vanadium). The rest of the world will be trying to catch up. If China takes out stone coal production, which they need too given the reduced emissions by taking it out then the primary resources will be the key players.
18.5 pence - maybe one day £18.50 could be possible by 2030.
That could be nice...
Cheers RK

Several 50K buys going through! Lots more buys than sells!

An another £5K! Same price!

Just bought £5K at 19p - we are going up!

It is also still summer in SA so there is more UV and the conditions are warm - this week 23 to 29C not the conditions where you find flu type viruses!

So I don't expect to hear news anytime soon from the Bushveld Minerals operations!

More likely to hear news on JSE listing / Enerox / Bushveld Energy / Lemur all in a positive light!

@BasilBrush - if you watch the Crux interview you will see that Matt asks many probing questions which will lead you to think that the project is unlikely to create any competition to Bushveld Minerals for years, if ever. They don’t even have any power in their site.
Hope this helps you.
Cheers RK

Hey, folks if you want to discuss the Corona Virus can you do it on Twitter. The news is full if it! Let's make this share chat about Bushveld Minerals please :-)

There is plenty we could be discussing..

* Enerox
* Mokopane
* JSE Listing
* Bushveld Energy
* Bushveld Electrolyte Company

Just to give a few ideas :-))

Thanks, RK

This interview https://youtu.be/UEOwH1zxG0Q helps investors understand the difference from finding a vanadium resource and having to build a mine and a processing plant from scratch. The cost and time involved is extremely challenging. Compare this to the path and the incredible foresight that Fortune Mojepelo had with his acquisition of Mokopane, Lemur, Vametco and Vanchem to build a vanadium business which will not only have double the capacity of AVL's target within 3 years but be likely building there own monster plant at Mokopane whilst have the luxury of being a producer of 8400 mtV per annum by 2023. The Mokopane mine could be sized at 5000 mtV, 10,000 mtV or even higher depending on the global demand! The position Bushveld Minerals has in the global vanadium supply market is currently unique. Largo may currently be producing more V205 than Bushveld today. But in 3 years time, the picture will be very different.

* Our 2020 goals:
Bushveld Vanadium
Vametco
• Achieve target production of 3,000 mtV to 3,200 mtV
• Production cash cost guidance of US$17.20/kgV to US$17.70/kgV
Vanchem
• Achieve a production target of 960 mtV to 1,100 mtV
• Provide 2020 production cash cost in Q1 2020 Operational Update
• Progress the refurbishment programme at Vanchem
• Finalise the expected capital expenditure plans together with ramp-up profile
Mokopane
• Complete the Mokopane definitive feasibility study in H2 2020
Bushveld Energy
Electrolyte
• Advance construction of the vanadium electrolyte plant
• Implement additional, larger electrolyte rental contracts
VRFB manufacturing
• Advance VIP and identify further VRFB companies for investment
• Investigate business case for South African based VRFB assembly
Deployments
• Demonstrate business case for VRFB deployments, including delivery of the Vametco mini-grid as a funded independent power producer (“IPP”)
• Participate in the 2,000 MW South Africa IRP energy storage allocation and other African projects within the World Bank’s 17.5 GWh energy storage roll-out programme, including Eskom
• Secure partial self supply of electricity at all Bushveld operations in South Africa to de-risk potential deterioration of Eskom and the power system

* taken from the latest February 2020 Bushveld Minerals presentation (from the BMO conference)

What a position for us as investors when we compare with AVL and they have a very strong team too!

Just for consideration...

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$30 per kilo and our cost is circa 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 facts!

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! So we are so undervalued!

Cheers RK

This interview with Australian Vanadium goes to show in reality that they are 3 years away minimum from building their mine. This is very important to our potential off take opportunities!
Vincent is going a good job. But they are along way behind Bushveld and Largo.
Definitely a must watch for Bushveld Minerals share holders.

Here is an update from Australia!
https://youtu.be/UEOwH1zxG0Q
Cheers RK