Member Info for RichKen

Well that news would be, a rather urgent need and make a few decide to go back in the office to confirm and compose a juicy RNS!
What an end to 2019 and what a start to 2020 with yet another deal completed!
I thought I had just about finished the review of the year! Might have to put it on ice!
So odds on to see an RNS in the morning and a nice rise in the SP!
Cheers RK

Thank you Alfa, I am sure you are right, we know that the company has informed us previously in RNS's that they intend to produce a pilot electrolyte plant at Vametco and there may well be an option to produce Vanadium Electrolyte in the Vanadium Chemicals department at Vanchem. It would be very interesting to find out what the potential supply could be from the plant.

What can we expect in the next six to twelve months:
- Mokopane Licence and Offtake agreements with detail on DFS in Q3/Q4 2020
- Details on the BESS project for Eskom funded by the World Bank with a large stake of the contract with a SA based company is the preference - Bushveld Energy could take a considerable portion of this tender with a contract value close to US$500 million
- Update on Lemur progress and the future of that business
- Bushveld Energy with a time table for the East London Electrolyte plant - Production possible in Q3?
- Bushveld Energy announcement of new projects in addition to the BESS project
- Bushveld Energy completion of due diligence and progress with Enerox GmbH
- Bushveld Energy could announce additional VIP partnerships
- JSE Listing and changes to the UK market listing even a move to the FTSE
- Q4 Updates and record production months at Vametco
- First Bushveld Vanchem Q4 news on progress with productivity updates for the plant
- Global announcements on VRFB projects that will give a large market opportunity
for Bushveld Minerals to move to a point not previously thought possible
- Upgrades for Vametco and Vanchem to lift production to the second stage on the way to achieving 8400 mtV by 2022
- Increase in global demand for Vanadium lifting prices to a level which will boost Bushveld Mineral profits closer to the $40 to $50 US dollars per kilo prices predicted by Fortune
- Achieving a share price much closer to our current broker target of 82p

2020 certainly looks very strong for Bushveld Minerals including Bushveld Energy and Lemur with stakes in Afritin, Enerox, Avalon and Redt. When we consider the predicted growth in Energy Storage with VRFB set to become industry disrupters over the decade ahead it makes Bushveld Minerals a compelling investment.

Let us not forget that we are a Vanadium producer with 3 to 5% of the world's supply coming from Vametco and Vanchem as we speak with a positive and strong revenue stream.

Cheers, RK

It should be remembered that personal donations and regular giving to your individual charity which is close to your heart will give with gift aid 25% more than you give and if declared on your tax return also gives tax relief. Group giving may give a feeling of togetherness but in the end individual from notations may prove to be ultimately more beneficial to your chosen charity.
Again this means less speculation on the board and less visible ammunition to the MM’s and shorter’s.
Given the choice and given potential earnings from larger holders if we see such large gains I am sure many will be quietly giving generous donations to their heart felt charities.
That is all from me on this each to their own decision.
But if you agree with my thoughts please make your position clear. If you agree with Faramog please recommend his post.
Thanks RK.

I have to say, I agree that in the past it was fun. However, the time has come for us to get really serious with this company and 2020 is that year.
Let’s focus on the key research, the fundamentals and stuck to the key purpose of the board.
In the past speculating has nit brought any reality to the SP and in fact it may have proven counterproductive.
So maybe it is time to call time on the Corbine cup. The SP will grow over the years ahead and we are sure to be very profitable so we can all hopefully chose t give generously to causes close to our hearts.
It is up to all to do as they see fit.
Cheers RK

C

Well Ophidian that is post of the day!

A very Happy New Year to you kind sir! Looking forward to many great posts from you in 2020 and beyond!

This looks like the most exciting year yet for Bushveld Minerals and it’s VIP’s!

The decade when the Energy Storage market will change power generation to make green energy the only acceptable energy on the planet and Vanadium becoming more well known than Lithium for Battery technology!

Bring it on!

Cheers RK

Vaneck!

faramog to be honest if Banack wanted to make money out of the rise in Bushy. They would not have been selling but buying. They are about to miss out on one of the largest potential rises on the stock market, their fund manager is quite possibly one short ‘short’ of a rally!
None here will feel too sorry for them.

Good night Vaneck and please don't come back!

It sounds like the next two weeks good be a very good time to invest in Bushveld Minerals!

The opportunity for this share price to rise in line with market appreciation is no looking very much on! Hopefully, there will be no more large bags of waste of time funds out of there depth left and we can welcome new investors into a rising SP in 2020!

Now that would be a very Happy New year with the potential of Investment of the decade?

Does anyone agree?

Libero, you may be interested to listen to this tender Q&A about the Eskom BESS Project!

https://www.youtube.com/watch?v=SrYuqFZmizk

I hope this helps you.

Cheers, RK

Battery Energy Storage Systems - 1440 MWh in SA!

Libero, great posts today.

The key moment is most likely to be the announcement of the South Africa BESS projects! That will be the light bulb moment!

When we consider the value that can be achieved by Bushveld Energy in 2020 from the following:
- East London Electrolyte plant which will be completed in 2020
- South African Energy Storage projects including the potentially huge BESS project which is likely to be worth 200 to 450 million US$ Depending on the share won by Bushveld Energy
- Enerox purchase will add huge value as the year progresses
- Contracts with Avalon and Redt for Vanadium Electrolyte supplies

The value of this business is easily in excess of the current market cap. So it is likely to be a 20p to 40p contribution of our share price by next Christmas.

Now assuming that we are able to deliver strong growth in the vanadium output and potentially growth in vanadium demand we might expect some pressure on Vanadium prices! Certainly $40 to $45 per kilo is certainly possible. Our key clients will remain in the US I am sure, but other possibilities are there. But, the supply chain for Vanadium electrolyte is likely to be the key demand for our product.

Add in the potential from Mokopane for which news is due as well as the detail from the DFS and ore off take agreements and 2020 is looking quite incredible. Even if we don’t make the magic one pound sterling in 2020, we should be close. But the years after this, we should be hugely above this number providing VRFB become the fastest growing Energy Storage product. Given its current advantages it has everything set to achieve this.

Exciting times are clearly coming!

Cheers RK

Looking at the image, that looks like a Portaloo on site!
Installing critical facilities;-)

Dear All,

I would just like to wish you all a very happy Christmas time! Enjoy the holiday time and let's look forward to a very exciting 2020, a new decade and a very interesting potential for Bushy shareholders!

I think we all know that the company has made giant leaps forward, even if our investment has gone severely backwards this year! But I have a very positive feeling that 2020 will be Bushveld Minerals big year.

To one and all happy Christmas!

Cheers, RK

Time to down tools and relax with friends and family!

P3
4. Direct selling of VRFBs in African markets as a value-adding local distributor. In addition to identifying opportunities suitable for VRFB energy storage, this activity includes developing local logistics chains covering importation, transport, installation and maintenance of the VRFBs and key components. As electricity markets are heavily regulated, significant activity in this business would require engagement with public and private stakeholders to create an environment that identifies and values the full range of benefits in long-duration energy storage offered by VRFB technology; and

5. Developing and investing in African energy storage projects, an activity that starts with identifying suitable sites and extends to defining the economic business case for VRFB installations. It includes designing the technical and commercial structure of projects that use VRFBs and making direct equity investment into such projects. By creating bankable energy storage projects, either standalone or combined with generation sources such as solar and wind, Bushveld Energy can accelerate the transition to clean energy in Africa while increasing access to quality electricity delivery through distributed mini-grids.

Implementation of these five activities will continue to follow the principles of strategic relationships. Relevant external parties include development agencies, funders, renewable energy developers and energy storage component providers.

Now, this is enough to get everyone excited!

The largest Low-Cost Vanadium Asset in the world with an Energy Business which is about to hatch into one of the most important global markets in the next decade worth over $100 billion - Energy Storage...
Assests will include:
Large Vanadium Electrolyte plant
Significant share in Enerox a VRFB specialist business
Partnerships with Avalon and REDt
With more to come......
At a price which is bearly believable!
What's next - an order which could be in the magnitude of $300 million for a large energy storage project - when within the next 3 months!
Makes you think! 2020 to 2030 could be an incredible journey from 19p to £19 who knows...

Cheers RK

P2.4.
Mokopane
Mokopane is one of the world’s largest primary vanadium resources, with a 298 Mt JORC compliant resource and a weighted average V2O5 grade of 1.41% in-situ and 1.75% in magnetite.
Mokopane is intended to become a primary source of feedstock for Vanchem, creating a fully integrated vanadium production business in a shorter time frame and at lower cost as opposed to a standalone operation. Bushveld Minerals retains the options of supplying ore to other primary or secondary producers worldwide and/or to develop Mokopane into an integrated mine and processing plant.
Bushveld Minerals currently owns an effective interest of 64% in the project. The licence in progress!

Bushveld Energy
Bushveld Energy’s business model focuses on five types of revenue-generating activities in the mid- and downstream segments of the vanadium value chain. These activities have comparatively low capital requirements compared with the mining business. These five activities broadly are:
1. Electrolyte manufacturing, which includes: – designing a conversion process for vanadium feedstock from Vametco’s existing mining and processing operations; – building and operating a chemicals plant to purify vanadium feedstock and mix it into a liquid vanadium electrolyte product; and – marketing the electrolyte to VRFB companies or direct users/buyers of VRFB systems;
2. Renting (or leasing) vanadium electrolyte, a new product under development. Whereas historically VRFBs have been purchased with the vanadium electrolyte, rental/ leasing would allow Bushveld Energy, or a special purpose company, to retain ownership of electrolyte and rent it to the VRFB users or buyers. VRFB technology is unique because of the non-degradation of the electrolyte chemistry and the relative ease of extracting vanadium from the electrolyte at the end of the VRFB’s operating life. In addition to smoothing vanadium price peaks, electrolyte rental permits a long-term pricing model that reduces the upfront capital cost of a VRFB to make it one of the most commercially competitive energy storage technologies available;
3. Assembly of VRFBs through an investment in the construction of an assembly plant for a VRFB product. Unlike other battery technologies, VRFB assembly does not require the same production scale to achieve competitive economics. This makes regional assembly of domestic and imported sub-components extremely attractive to reduce manufacturing costs and supply times. Such an activity may involve direct investment into a VRFB company or companies that would own the facility, as well as the technology;

Continued:

Bushveld Minerals is a low-cost, vertically integrated primary vanadium producer with a diversified vanadium product portfolio, currently supplying approximately 3,000 mtVp.a of the global vanadium market with plans to grow its production to more than 8,400 mtVp.a within the next 5 years. Through Bushveld Energy, the Company’s energy storage solutions provider, Bushveld Minerals plays a pivotal role in the development and promotion of Vanadium Redox Flow Battery technology (“VRFB”). The Company is listed on AIM on the London Stock Exchange.

Assets:1.
Vametco
Vametco is a low-cost primary vanadium mining and processing company with a 186.7 Mt JORC compliant resource averaging 1.98% V2O5 in magnetite grades (including 48.4 Mt in reserves), and a life of mine of 27 years. Vametco produces a trademark vanadium product, NitrovanTM, as well as Modified vanadium oxide. Vametco is expected to produce between 2,800 mtV and 2,900 mtV in 2019.
Vametco is expected to reach a steady state production of 3,400 mtVp.a. during 2020 (90% of its processing nameplate capacity of 3,750 mtVp.a.), increasing to more than 4,200 mtVp.a. (85% of its processing nameplate capacity of 5,000 mtVp.a.) through the planned expansion programme
Bushveld owns an effective controlling interest of 74% in Vametco, the maximum equity ownership stake permitted under the current South African Mining Charter III, which requires 26% to be held by Broad Based Black Economic Empowerment (“BBBEE”) shareholders.


2. Brits
Brits Vanadium Project is an extension, along strike, of the Vametco mine. Recent drilling results have indicated a lower seam weighted average grades of 0.66% V2O5 in-situ and 1.66% V2O5 in magnetite. Brits has the potential to provide additional ore feed for the Vametco plant and, if required, concentrate feed for the Vanchem plant.
Bushveld Minerals owns an effective controlling interest in the asset ranges between 51% and 74%, through three different companies.

3. Vanchem
On 1 May 2019, Bushveld Minerals announced the conditional acquisition of Vanchem to complement its portfolio of vanadium assets. Vanchem is a primary vanadium processing facility capable of producing various vanadium oxides, Ferrovanadium and vanadium chemicals. Vanchem is currently producing about 80 mtV per month (approximately 960 mtVp.a.) using one of three available kilns.
After refurbishment and ramp-up, the plant is expected to reach steady state production of 4,200 mtVp.a.

Continued:

Yet another strong day up 5.94%. Well the US and Canadian markets are starting to see the potential even our poxy AIM market can’t and we are 3 times the Largo business right now!
Time for this giant to wake up!