Member Info for RichKen

That is one very sad moment for some and I really feel for those people.
On the flip side I hope a few will be able to make the most of the potential that is building up right now.
We may still test the lows. But in 3 to 6 months time well we are very much likely to be testing the highs and some.
As Buzz lightyear said - “To infinity and beyond!”
Bring it on. I am sure many will agree!
Have a fab weekend all!
Cheers RK

Sorry to change the subject slightly, but the timing for Bushveld to announce a JSE listing and move to the main market may be upon us! If the Bushveld Minerals BOD wanted a great moment to get SA investors in and for them to make the most of out Bushveld now is the time. We have been driven down to an almost impossible low valuation. I can tell you that every long term investor back in November 2018 would have said that we will never go below 40p as we had so much ahead, in fact more than today. But the crazy thing is that the relationship between the dollar and the rand has reduced our operating costs further, the vanadium price although it has come back a touch this week is still on an upward movement. Once China comes back on line you can be sure that China will do everything it can to invest its way forward. That is how it will recover quickly. This will mean infrastructure will grow again. In the meantime the demand for more renewable energy is not going away. Lithium is needed to meet the EV surge and vanadium is the answer to stationary storage. Our timing is perfect. We may stay here at this 17 to 18p level for a week, we may start a bounce. But our future is for a seriously strong valuation by 2023. When you are producing 8400 mtV with at least 50% being turned into vanadium electrolyte then you will have a seriously profitable business.
Do the maths. US$15 per kilo cost. FeV Selling price US$35. Vanadium Electrolyte US$70 per kilo. The electrolyte is sold to a leasing company and then you get say a 10% commission on the lease income per year. Every year that income will increase more and more. This is one very leveraged business model. Vertically integrated. Add in manufacturing and sales of VRFB, this really is looking like a company with a £10 billion valuation in the years ahead and would be a great backbone to a pension fund with the multiple income streams and low operational costs.
You might start to see why this is such a cracking time for the JSE listing and moving to the FTSE.
Add in the months ahead, the finalisation of the purchase of Enerox VRFB manufacturing, partnerships with Avalon and Redt. Commencement of the Mokopane mine with two of-take opportunities, one to Vanchem and one to China. Add in expansion projects for output at Vametco and Vanchem. Timing, it is everything. Fortune has used timing over and over again.
Then add in the SA BESS project and you have everything in place.
This is a very good time. This is a very exciting opportunity.
Cheers RK

Just added another £1K at 18.18 not live!
Second, buy today!
All adds to our holding!
Cheers RK

Well just a thought, at 18.3p our investment should be worth 4.46 times what the pesky market has driven us down to today. That’s before we complete an increased stake in Enerox!
Buying at these prices is just unbelievable, given the companies current progress.
Cheers RK

Ferro-vanadium prices fall in China on very small volume traded

Vanadium prices are indicating lower in China, the US and Europe this week with very little material traded in China
Uncertainty in the market appears to be causing consumers and traders to hold back on transactions with sellers looking for demand without collapsing prices
While prices are likely to fall further in the short term, China is returning to work following an extended New Year break and Coronavirus lock-down
Fiscal stimulus should prompt new demand for Ferro-vanadium and many commodities which may drive prices higher again as seen in 2009 after the Global Financial Crisis
Ferro-vanadium prices have fallen -3.3% to $28-30/kg V in China FastmarketsMB
Vanadium pentoxide prices also fell 2.4% to $6.1-6.2/lb V2O5 in China
Ferro-vanadium prices fell -0.9% to $13.6-14/lb V in the US.

https://www.uploadlibrary.com/SPAngel_JohnMeyer/SP_Angel_-_Morning_View_-_Friday_28.02.20.pdf

So the key point is that they expect the demand to rise very quickly going forward! I expect our SP to rise very quickly once the change of direction is switched!

Congratulations to any who have managed to by in at these prices!

On a day like today, there is the none fact that investors here have read and know that the ability for vanadium to be one of the key drivers in the future of a combined solution for the climate crisis as its ability to store energy in a reliable and safe way over a very long time, is not only critical to the world's issue with carbon fuels. The fact that our vanadium electrolyte does not deteriorate over time is currently the key factor.
The markets will always play games in times of world hysteria, but the fact is more people are affected by known issues than this latest virus and yet the world has gone on and on. it will continue to do so. In my mind the upside for this business is so strong over the next few months let alone the next few years, and with multiple key news items due in very soon anyone deciding to unload any stock at this time could be making a very painful decision indeed. The market markers know this and that is why they are trying to stop buying. They are the ones filling their boots if people sell. So I am on a selling strike and a mission to buy if they open the books.
The latest presentations from Bushveld Minerals presented by Fortune at the BMO conference underline the key points and the upside is even greater today than it was yesterday. http://www.bushveldminerals.com/wp-content/uploads/2020/02/Corporate-presentation-Feb-2020-Final-20022020-website.pdf
So hold on tight and make the most of the opportunity if it is presented to you.
This is not advice just my position!
Cheers RK

You are completely correct VV. The climate crisis is a far bigger problem and the long term effects will impact over years, not one year. Previously these viruses have caused huge scares, and of course have effected many lives, but within a few months vaccines have been developed and the viruses have been controlled.
For the climate crisis the whole human race has to take the lead. But, renewables will make a huge impact and energy storage is one of the key factors and the VRFB has demonstrated its ability to be the best solution.
We are just about to secure the purchase of one of the best technology companies in the VRFB industry and have the worlds largest supply of vanadium. That is a very strong position to be in.
As PI’s we hold the majority of the business and we can see this future and we are not selling but buying. Hence our SP is holding pretty strong in the current market. We are very likely to be one of the quickest recovery stories after this virus is brought under control. So keep strong folks.
Cheers RK

Yes, in many ways the sky is the limit on energy storage and the opportunity here. It is somewhat incredible that yet again we have an SP below 20p. Following BobbyAxe and his thoughts looking into the future we could easily have a dividend well above this SP by 2024/25 paid annually. We have many times considered an SP in the £5 region and by the end of the decade why not in excess of £10 (maybe before then). Just because the market does not understand this today and the market makers have decided to follow the trend, but let’s not doubt for one moment that there will be a very strong recovery very soon.
The market may be concerned about the media scaremongering about the corona virus, but of course more people this year have died of flu than of Corona virus. Heathrow may or may not want another runway. To be fair by the time the UK build it we probably won’t need it anyway. Bit like HS2, people like independence and there own space.
But one thing is for sure people will be using more electricity for electric vehicles, ground source and air source heat pumps, we may even see electric radiators bought back. One thing is in a generation they will not accept anything other than renewables, and this will mean energy storage. Flow battery technology will be best placed with reliability and long life. We can be sure that the membrane tech will develop further and we may see a life of 30 to 50 years for this technology. Imagine the financial security from a 30 year lease agreement four our vanadium electrolyte in hundreds of large scale VRFB systems around the world from multiple VIP’s using vanadium from Bushveld Minerals. In 3 years time we will be producing around 8000 mtV per year. Maybe 3500 mtV for the steel market and 4500 mtV processed into Vanadium electrolyte even with a market price of $65 per litre, plus the royalties from leasing agreements this will be huge. By this time Mokopane will be open and we will possibly be building a huge new V205 processing plant for 12000 to 20000 tonnes per year suppling electrolyte for the huge market. This is all possible and very likely.
Three years ago, we had not bought Vametco yet! Look at Bushveld Minerals today. Forget the SP a moment, look at what we own and what we are producing. Now look at what is going to be achieved this year, let alone what will come in 2021.
The only thing over the next few days or weeks when we look back, we will be asking why did we not buy more shares back in February 2020? In much the same way some will be saying why did I not sell some at 48p back in November 18? If we knew everything we would not be making the decisions we have done or will do.

Well, that is a very close call. I have felt for some time it would be today and the detail may well have some exciting detail within. Again I don’t think this will be a 7am RNS. It will tie in with a joint announcement with people involved being in place so they can find out together.
Let’s see....
Thanks for sharing your thoughts folks.
Cheers RK

Are you expecting an RNS for Enerox next week?
Vote here!

Are you expecting an RNS for Enerox this week?
Vote here!

The big news will be "Bushveld Energy as part of a consortium of investors completes the take over of Enerox GmbH in Austria

Enerox GmbH is a first-tier manufacturer and designed of VRFB systems based in Austria and are the key builder and technical leader of the Cellcube VRFB systems here is all you need to know:
https://vsunenergy.com.au/wp-content/uploads/2020/01/Enerox-Company-Presentation.pdf

This will be a pivotal moment in the vertical integration model that Fortune and Mikhail have been driving to!

Cheers, RK

Exactly one week ago we were rising up to 24.4p. From Bushveld Minerals position in its operation and its prospects, nothing has changed. Yet today we are at 20p.
In the energy market whatever the situation over the next few months with respect to the Coronavirus the need for energy storage is not going away. But, from a global position, there needs to be a cure found and urgently for this virus.
But for those with the opportunity to buy into this business these lows are yet another incredible opportunity. When the upturn comes I think we could see a very quick upside.
Have a great day!
Cheers, RK

A few here pointed Joel in the right direction for research and helped with a few discrepancies he had. All additional sharing the story is good news for potential investors.

Great feedback today from Ninjamagic. Very good reasoning on the future of our share price, for all the reasons he shared! Top man!

Cheers RK

Mikinaman - the £5 was the figure given by Ninjamagic! It is a number plucked from the air based on today's valuation. But, there is the long term potential that this business may well exceed this valuation before 2025 if we meet every potential objective and VRFB becomes the key energy storage product. I fully expect the business could have a valuation at a very high future level. I have always thought the dividends may well be directly proportional to the income from the VRFB electrolyte leases as this will be very clearly a strong profit stream year on year. Of course Bushveld Minerals profits will come from every aspect of the business, but the V Lease will be the back sure profit stream.

James2k66 - I have always thought that ISA day (first day of the new tax year) would bring a large number of buys. But to be honest high net worth investors tend to save there £20K in a non-ISA trading account and then BED and ISA on the opportunity they think is best. However in 2020 with the news we know coming that bed and ISA might be best to be completed at the earliest opportunity. But that is only speculation and people can only make their own decisions. You can see the actual data looking at the SP graphs on previous tax year start dates.

Looking very much forward to the Enerox announcement.

Cheers, RK

Well Alfacomp, Siemens would be a very good fit I agree! They certainly have the technology and the ability to drive VRFB to the front via a highly strategic acquisition!
Cheers RK

Enerox is the front runner for me, but I would totally accept a take over at £5 a share Ninjamagic :-))
Something on Lemur would be very interesting.
A supply agreement with VSUN would also be good following the Enerox completion. The more VIP agreements the better.
If ever there was a takeover, once the BE business is really in its full mode of operation, I would think the offer would come from someone like LG Chem or Sumitomo, one of the big oil companies would be possible but unlikely.
But right now let’s focus on Enerox. That is such a key asset in our future.
Cheers RK

I quite expect one this week! Anyone else?

You don’t have long hair then VV! ;-))

In March 2017 and March 2018 we made huge progress. I am starting to think March 2020 could be better than both those years!
Enerox - RNS
Energy Storage Contract - RNS
Lemur - RNS
This company is really as expected, making solid progress and doing what it said it will! This will lead to one thing - success!

Those leasing contracts are the key to long term dividends for shareholders so the person appointed will be surely at the top of their game. The next step up is being made ready.

Could be a good week ahead!

Cheers, RK