Member Info for RichKen

The key factors which make Bushveld Minerals:

- 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 Have 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 the 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 average price today at 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:
https://youtu.be/p3QUjIL1rJQ

Target broker price 82 pence!

This is the basis for a clear illustration of the strength of Bushveld Minerals as an inv

Sorry for off topic but so did my Dad have a Viva. I once ruined a grass field as it was a great drifting machine. I was 11! First driving experience!
He was not best pleased! So I had to wash it to make up to him!

Thank you for coming in an cleaning the board!

Much appreciated, I understand that many will enjoy the defence of our investment with this incredible company. But, for people looking in, the awkward posts and aggression between individuals is not in any way good.
Even worse for me is people actually recommend posts of individuals with clearly questionable motives.
There are people here who genuinely put in hours of research and time helping those who don’t have the same level of expertise.
I agree many of us could easily stand up and give a solid presentation on every aspect of the business and the opportunities in the vanadium world. I even recently had the opportunity to do just that with the recently shuffled Business and Environmental minister.
The Energy market is definitely taking note and so are governments around the world.
Let’s focus on sharing and helping investors in Bushveld Minerals understand this company in the best way possible. But please as some have already said, let’s not get to personal it goes against the benefits of this share chat board.
I would urge both Pdub and Ophidian to continue to post as they are extremely valuable contributors to this board. We all have views and these are helpful and lead to discussion. We are all from different backgrounds and people have different financial positions. I am sure most have very modest holdings and everyone’s investment is there to help them with improve their own financial position. So I wish you all the best. We all would love to keep buying but at times we need to sell, even when we don’t want too. So let’s be respectful to all.
This is a great investment and has huge potential.
Have a great weekend all and let’s get back to what this board does best.
Thanks and all the best all!
Cheers RK

No chance Ninjamagic! They will be too scared now! ;-)

One thing that struck me when I first started reading this board back in April 2017 was the realisation that some of the investors and posters on this board were highly skilled individuals. I have since learnt that we have a corporate management accountant, an international banker, mining experts, chemical engineers and a highly skilled engineering PhD. It is not surprising this board has great posts. There are also several professional business executives. They all post on here regularly.

People have the option to read and learn, they can argue their case, or they ask questions.

We some great researchers who share new documents from companies and media about the industry. We also have some amazing analysists who can dissect information and bring the easily lost snippets into bright focus.

Then we have those who just post random observations, all fine. Everyone is looking to learn.

But the key point is it is a great company to invest in and this community has been exceptional over the years.

I think you may all know where I am coming from...

Here's to Bushveld Minerals!!

Cheers, RK

Slinkyfink that is a very interesting article, life and cost of the membrane is critical and is part of the 20 year / 30 year life of the system question. Of course there are other components of VRFB that may need updates or replacement during the battery system life. The larger systems will have access to these items.
Every aspect that increases life and reduces cost will be vital in the growth and production of VRFB - VRB Energy in China are one of the largest players and will be looking to accelerate developments. All the super size systems in China are coming from these guys.
The world needs this technology as power consumption grows and more renewable energy sources are added to the grid and mini-grids.
Cheers RK

And a very quick summary of BMN stuff!

- 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 Have 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 the 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 average price today at US$30 per kilo and our cost is around 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 all 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

Target broker price 82 pence! This year, 2020 looks very strong indeed!

This is the basis for a clear illustration of the strength of Bushveld Minerals as a business!

Cheers, RK

Well you get it down if you like fizzy, but it will bound up again. I’ll wait to buy anymore till you and your new found friends have finished trying to push the SP down again. Goodluck.
For those with a low IQ they might find the solution is actually buying and holding. Mr Warren Buffett didn’t become a billionaire by trying to guess the market, he bought shares in companies that were undervalued and had all the right fundamentals in place with good management! This is one such company.
Still back to my normal mode of operandi now.
Cheers RK

Fizzydrink - are you for real? Have you looked at the number of trades and the colour of them - Blue! If not you will find a tab above it is called 'BMN Share trades' try pressing it and you will see that despite your comment today is just a huge positive of buys including some large ones.
The number of times you post negative comments for 'an investor' is somewhat worrying.

Any investor reading the well informed posts on this board, the information on the Bushveld Perspective, the Bushveld Minerals website, the marketing and press releases from the Vanadium Industry and VRFB suppliers should be very excited indeed. There is a lot of new money coming into this company and it is likely to grow through this year and that will mean the trend in SP will be rising. The MM's will allow it up and down but the trend is going to be one way in 2020 and that is upwards.

Do your own research folks of course but we are moving in the right direction as the rises through last Friday to Wednesday showed clearly and I would be amazed if we don't see a blue finish to today to finish the week! I for one have the funds to make opportunities out this falls, but I also will have funds to add in the up days to. I will do because this business is making all the right progress!

Cheers, RK

Great news Buzzipster! Looking forward to hearing something on this from Mikhail in the near future!

Thanks for sharing!

This is already the 4th or even 5th day when the number of trades and interest is much higher than previous weeks!

For whatever the reason he SP is down again but let's not kid ourselves here momentum is building here and the news coming in 2020 is going to change this company from a fast-growing relatively new vanadium miner into a -
'FULLY AND VERTICALLY INTEGRATED VANADIUM MINER, PROCESSOR AND ENERGY STORAGE BUSINESS' at the perfect time to meet a demand for the growth in safe, reliable, long-duration energy storage systems.

Mr Musk is going to be one of 'the battery manufacturers' of the automotive world
Mr Mojepelo is going to be the man of 'the stationary battery manufactures' of the world'

We are on a journey and the destination is getting closer every day!

Cheers, RK

The other question will be the life of the system if they don't choose VRFB!

I the Rio Tinto guys made the walk Alfacomp! It should also be noted that VSUN are also in Western Australia (West Perth) and in the proximity of the two Rio mines in WA. A little longer walk though :-))

I actually think the completion of Enerox may well be a very key moment for Bushveld Energy and Bushveld Minerals - as an acquisition for Bushveld Energy the closing of the circle of vertical integration really cannot be underestimated.

Now, has anyone heard any news on the 'Bushveld Electrolyte Company' in East London - that will be a very strong profit centre for the business? I hope they have branches in South Africa (East London), the US close to Avalon, Austria close to Enerox, Australia close to AVL (& VSUN) and even the UK close to REDt. Now that would be some business and have some huge income potential! Maybe we will then have the 'Bushveld Electrolyte Finance Company' ??

The Bushveld Minerals umbrella is going to be one very strong business. I am so pleased I, with all of you discovered this amazing opportunity and business!

Cheers, RK

Well, it would be great to hear VSUN Energy announce a Cellcube system for this project if Rio Tinto do choose VRFB! They will market it well if they do. You would think that someone from Rio Tinto will have met Fortune or Mikhail at the various mining conferences around the world and heard or seen one of Bushveld's presentations - especially after the news breaking last year that Bushveld were to install a solar / storage application at Vametco! Let's hope the dots get joined up!
Cheers, RK

https://vsunenergy.com.au/wp-content/uploads/2020/01/Enerox-Company-Presentation.pdf

This is one interesting presentation which people may not have seen. Given we are about to announce the potential purchase as part of a consortium of Enerox.

Cheers, RK

Bonscott you would be best to contact REDT in the UK, don’t forget we have a VIP investment with the Avalon/RedT partnership and a vanadium electrolyte lease agreement.
RedT are known and authorised by the UK government for Energy Storage.
That is certainly the best opportunity today for UK businesses to purchase VRFB technology. In future of course it could be others too.
Cheers RK

Solid start!! Sorry folks.....

I make no apologies for saying this is a great start to a positive rise, but our destination is 3 to 5 years away. I am not saying we should not expect to be well north of 50p this year. But this company will be worth many multiples of this in the years ahead.
Very happy though to see a solis start.
Cheers RK

Thanks James, yes, but this plane is just taxing to the runway, let alone taken off.
But at least our delayed flight has left the terminal;-))
Cheers RK

VV the number of litres that will be leased in the years ahead will be of the scale and this is the bank roll to never ending dividends. Exciting prospect.

Welcome, OliG! It is good to have new investors on the board and to learn their reasons for choosing. There are many long term holders here who have been almost here as long as the company has been listed, and many who have joined over the last 3 year.

The company is managed in a very astute way and the impeccable management has already turned Vametco from a plat with potential to one with a highly motivated staff with great training and high self-worth. Vanchem will almost certainly follow the same path. These two plants feeding from the mine at Vametco and the soon to be opened 'super mine' at Mokopane (the largest high-grade vanadium asset on the planet) are just the beginning. The bedrock of the business has been supplying the steel market with one of the best products in the vanadium additive world Nitrovan.

That was just the beginning, but the eye was really somewhere else, a market that was just a glimmer in the eye before. Now that market is just starting to rise and a technology which lasts so long, doesn't fade in use and is recyclable makes a compelling case in the market. Mikhail Nikomarov has helped pave a pathway to making sure that the Vanadium Redox Flow Battery is the key stationary energy storage choice with a well-educated team and 2020 and 2021 are going to open that market with key acquisitions and fast pace developments to reach a market which is going to be worth billions in the years ahead.

Bushveld Minerals and Bushveld Energy are looking a very exciting investment prospect with a focused global aspiration.

Hope you and others new here has their timing is well rewarded!
Cheers, RK