Member Info for RichKen

I am intrigued - how many people read this board every day?

As an experiment would you recommend this post if you read the board! Then we can find out.

Sorry if you don't like my posts but it would be interesting to see how many are here everyday reading!

Thanks, RK

- Vanadium Prices are rising increasing profit for Bushveld
- Vanchem is now owned by Bushveld Minerals and is open and ready to process Vanadium Ore
- Bushveld Minerals are producing record outputs from the Vametco Mine at 330 Tonnes in October
- Bushveld Minerals are expecting to progress the Mokopane license ready for mining of ore
- Bushveld Energy has set up a VIP platform and are taking a stake in Avalon and REDt VRFB to help them develop further
- Bushveld Energy is part of a consortium of Investors to acquire Enerox GmbH from Cellcube
- Bushveld Energy is on track to build there first Vanadium Electrolyte plant in East London with for 200MWh with easy expansion to 1000MWh
- Bushveld Minerals are on track to increase Vanadium output to 8400mtV from 3200 mtV over the next 3 years as the market needs the capacity
- Bushveld Minerals is paid in US Dollars so any weakness in the SA Rand actually increases there profits!
- The Energy Storage Market is expected to be 300 GW by 2030 and for 20% of that being VRFB that is 12 GWh per year equates to 60,000 mtV per annum! Currently, the world is only producing circa 90000mtV per year!
- Vanadium demand is going to increase year on year and Bushveld are in the prime position with low-cost production at less than $20 per kilo!
- Our current market cap is so undervalued so our potential growth for shareholders is incredible!

That is very good news - oh and today we are rising nicely!

Vanadium process turn higher as buyers return to market!

Vanadium prices continue to rise in Europe and China as pentoxide price leaps 16.9% in Rotterdam

Vanadium prices found new strength last week driven by new demand in China and Europe
Ferro-vanadium prices rose 2.2% in Western Europe last week to US$23-23.75/kg. we note the spread narrowing as new buying came into the market.
Ferro-vanadium prices rose 5.5% in China to US$28-30/kg
Vanadium pentoxide prices jumped 16.9% in Rotterdam on Friday to US$5-6.05/lb

https://www.uploadlibrary.com/SPAngel_JohnMeyer/SP_Angel_-_Morning_View_-_Monday_18.11.19.pdf

Yes Paludina, it could be a huge moment for energy storage if that turns out to be true. Lithium Ion has a sweet spot around 20C at higher temperatures it’s performance drops of quickly and when it is cycled hard on a grid application it is pushed to its limits. Much harder than in an EV or a home storage application. For a $66 million installation lasting just two years that could be a major blow for a famous Lithium Ion Battery maker!
So locations in Africa where temperatures are similar to Australia are going to prove equally difficult. I do hope Eskom make are well informed decision on their BESS systems! Local supply and local support may be just the tonic.

So knuttie would it suit you if we just added a zero after the 22p. Let’s make it £2.20 by end of 2021 to be conservative. That little old Iron ore company has morphed into the fastest growing Vanadium company on the planet and they are just about to ramp up from 8400 mtV to 12,000 mtV thanks to growth and improved efficiency (sorry this is December 2021!).
It could happen!

These are valid reports Alfacomp!

But one thing they don't take into consideration is that if it turns out to be the case that Lithium-Ion systems actually don't perform well in large grid applications where there are fast cycles and they get used up quickly, that is 3000 cycles in 2 to 3 years and those Lithium-Ion cells need to be replaced as may turn out to be the case. In large systems, this could be very cost-prohibitive for the energy companies. They will then re-focus onto more favourable technology which could be seen as the perfect Stationery Storage Technology which would be Vanadium Redox Flow Batteries. Then the demand will grow much faster than has been anticipated. This would be great news for all the know VRFB manufacturers and put a huge demand on low-cost primary vanadium miners and electrolyte producers like Bushveld Minerals.

If rumours circulating about large well known Lithium-Ion systems turn out to be verified, then the demand will more than double much more quickly and every vanadium miner on the planet will be very busy indeed. Our slive of the market could be very much larger. When we know we have a minimum of 3.5 million tonnes of actual Vanadium in Vametco, Brits and Mokopane the value of this operation could look very strong indeed.

This will be a hugely significant proposition for our partners like Avalon, RedT and Enerox. Let alone the other large VRFB producers and system sellers around the world. The next few months and certainly the next year will unveil much in the stationary energy storage market.

The thing is certain! If any Vanadium Business was in a strong position to capitalise on this opportunity right now it is Bushveld Minerals!

Very exciting indeed!

Tom, about 40%! Over the next two to three years and over 100% over the next 4 to 5 years.
As Knuttie says - A lot!

That Pat48 is a very fair summary of the situation.

There is also evidence becoming available that the large Lithium Ion systems installed by Tesla and the like are actually failing because of the heat and the number of cycles that they have to try to achieve. This really could open the way for VRFB to taker an even greater percentage of the global Energy Storage market than was originally perceived. Our world could be about to get very exciting indeed!

I decided to post this again under a new thread! Given it has a huge impact on the future of energy storage and some may just skip over it!!

For anyone wanting to understand even more about another huge energy storage market - India, you could look at this presentation. It does not mention VRFB but it shows the potential of Energy Storage in one of the worlds fasted growing economies and populations.

https://www.youtube.com/watch?v=VJbg5m0-Xxc&t=0s

I have been in contact with Rahul from IESA and passed details to Bushveld Energy so they can talk about potential opportunities - of which there could be a lot!!

The presentation is run by the same company that presented the BESS Tender in SA! It is interesting. Hope it is helpful.

Cheers, RK

For anyone wanting to understand even more about another market - India, you could look at this presentation. It does not mention VRFB but it shows the potential of Energy Storage in one of the worlds fasted growing economies and populations.

https://www.youtube.com/watch?v=VJbg5m0-Xxc&t=0s

I have been in contact with Rahul from IESA and passed details to Bushveld Energy so they can talk about potential opportunities - of which there could be a lot!!

The presentation is run by the same company that presented the BESS Tender in SA! It is interesting. Hope it is helpful.

Cheers, RK

Sharesaplenty - So it sounds like you need to do some reading. To learn about VRFB you can look at this presentation: http://www.bushveldminerals.com/wp-content/uploads/2018/11/Energy-storage-101..pdf - Clearly on the Bushveld Minerals website - this is a great place to start. One of many presentations available on all aspects of the business.

You can also look at this one from VSUN - also on VRFB from last week. https://www.australianvanadium.com.au/wp-content/uploads/2019/11/VSUN-Energy-Presentation-November-2019.pdf

I hope this helps. There really is so much information on VRFB's on all the manufactures websites if you need more.

Cheers, RK

Well, he wasn't too comfortable on the VRFB subject. It certainly was not off pat! Once it goes away from mining he is not as comfortable not sure they know how to attribute value in the energy sector. But John did say he thinks the market could be huge. Not sure he will be that strong an asset in presenting Bushveld Energy going forward. We might need a more focussed broker. This story has so much to give beyond mining Vanadium!

Thanks for sharing 'PB940' and for saving the 35 minutes to cut to the chase 'spdhoy'! Much appreciated!

Cheers, RK

Just checked in after a massively busy day! Looks like Fortune and Mikhail have responded to my email two weeks ago (suggesting it might be a good idea to look at the assets of Cellcube! They must have been grinning! They already were!

I am sure everyone has already said this but this is of huge significance!
Avalon Share
Redt Share
Enerox - Ownership
Could they buy a share of VSUN Energy?
Could they buy a share of UET?

This VIP status in Bushveld Minerals and Energy is turning our 'vertically and horizontally integrated platform' into one mega Vanadium Business!

One other bit of good news on SP Angel from this morning:

"Ferro Vanadium 80% FOB (China) US$26.5/kg vs US$28.5/kg - Ferro-vanadium prices rise in Western Europe

Ferro-vanadium prices rose by 4.2% last week to $20.6/kg and $21.6/kg from $20.0/kg and $20.5/kg last week according to FastmarketsMB."

Apologies to all if repeating any points already made!

If we keep this up we will have a new name "Bushveld Global Vanadium and Energy" and have a multibillion-pound valuation listed on the FTSE100! With profits exceeding £400 million by 2024!

What a day!

Cheers RK

A huge thanks to 'Pdub' and 'Girlienextdoor' for transcribing the Crux Interview with Fortune and Mikhail and posting it from 11pm last night in 18 parts. A big read that we can all make the most of!
This is much appreciated.
Cheers, RK

BBN - Knowing that Fortune reads your posts, I hope he reads your 15:44 post with open eyes!

I would tell Glencore that the mine is down for maintenance, if I was Largo, and say sorry we can't supply for 4 weeks (till there was no stock)! Tip of a local contractor and get them to cut off the power, then phone up all the other mines around the world and tell them to refuse to supply into Europe for 3 months as there was a huge demand with other customers! That might change the direction of Vanadium prices in Europe!
What every happens I expect once the Glencore agreement ends amazingly the prices will rise quickly. That would be a good bet on Vanadium prices! We will soon know who was controlling the Vanadium prices then.
Clearly poor Largo is being what 'appears' to be held to ransom.
This is only an idea and there is no proof of course....

Sorry - hear - not here!! Doh!

Oh good ‘expert’ is selling up! Yippee!!

Let’s up you find a really nice investment else were - you will wish you had been buying not selling! Still you are good at calling things!!

Did any of you here then interview?
Mikhail was explaining the income streams for Bushveld Energy! He gave 5 examples the business will make income and he looked at Fortune knowingly saying he fully expects the Energy Business to make more income than the mining business. In the past they hinted this could be by ten times (10x)!
Now I highlighted this morning that the mining operation could be towards $330 million in 3 to 4 years time. Now add on Bushveld Energy to that.
This company is going very much in the direction of a mega cash machine! The African market alone could do this without the rest of the globe. Africa still has huge potential as a market as it is the only low place labour resource on the planet with 600 million people. Give it power and education you have the next China! Except it will be funded by China!
So let’s not get to worried about today. This is the foundations. This is a 5 year Grand Design!
It really will be grand for all those smart cookies who have this in their SIPP’s and ISA’s. If you only have 100,000 shares it is going to be exciting for those with large holdings well they will be in very enviable positions. That is why they are not panicking and building their stakes as they can. These days are good news not bad news. Buy at these low levels and you could see a 20 to 30 times today’s SP in 5 years time.
It’s a long call but it is there.

But it won't take long for a few VRFB projects to be announced and then we will be off! The market I feel wants to see if we are going to really start this revolution with multiple supply agreements and orders on this side and then - wow it will be really serious beacuse this will prove demand and a constant supply for VRFB projects! It is coming and very soon!