Member Info for RichKen

It is quite ironic that Vaneck were buying so strongly last week and the MM's resisted increasing the SP. Today a few sells and the SP drops. I guess they want to build up more shares ready to sell on to nay other MM's mates at a discount! Right now we need sticky hands on our shares. Patience is a virtue here and will at some point over the next 12 months be well rewarded.

Please don't forget that BE news is coming and the BESS tender will have a huge effect once that is progressed. The global market for Vanadium once the VRFB market swings into full speed will soon have the markets awake. I am happy to wait for this as once it kicks in we are going into transformation mode. There is no doubt it will. The world needs renewable energy and energy storage! Just to be clear Vanadium Redox Flow Batteries are the future for stationary storage!

knuttie, I would not be surprised if you were not correct on that one. Current V prices are not exactly ideal for huge profits at this moment, but they are perfect for the development of the VRFB market and in the long term this is exactly the product that the renewable energy market needs to make solar and wind the number one solution for future energy generation and matched with suitably sized energy storage this has the potential to be an industry disrupter providing huge long term opportunities for vanadium miners and processors as well as all vanadium electrolyte and VRFB manufacturers. The key is long term low-cost vanadium supplies. This is exactly what Bushveld Minerals is working at! Being the largest low-cost manufacturer of vanadium products and chemicals in the world.
When they are the dividends will be there!

Vauch, I don't think we will see any dividend announced until the 2019 year-end accounts are completed and there is a full financial statement - Think end of May 2020.

This is when I expect the JSE listing to be announced!

Bella, I think this also would be an astute buy! As long as we get all the technology and the German part included too! Having a European part of the business would be a real coo!
It would also help make VRFB eevn more competitive. It would be really interesting to hear what Fortune and Mikhail think about this? I can't believe they have not sat in one of their respective offices and thought - 'em shall we put an offer in for Cellcube' one of the most developed VRFB's with excellent membrane technology and a European and North American footprint and we could even assemble kits here in SA. The timing could be perfect for the BESS project'

Vertically Integrated - This story is only half told!

You are quite right SOTRR, it would be great to see some news about the EL plant in East London, news on the BESS contracts and even other contracts which BE could easily pursue!

However, the investors in SA need education and that is Peter's job to go and educate as many people as possible!

I just wonder if we hear before Christmas that BE has one nice percentage of the BESS project, will Bushveld Minerals decide to bring forward the JSE/ FTSE listing and announce it just before Christmas!

Now that would make our year! It would make 2020 very exciting too! Just a thought!

Another 3555 shares added to the portfolio!

The short term effect of these low prices are not in any way a hindrance to Bushveld Minerals, but they will prevent finance or delay finance on other projects around the world for the construction of new mines and processing plants, as the Return on Investment ROI will be too long. So for a few months or longer, we may see the prices sitting in this $35 to $38 per kilo range. In the meantime, we can crack on with our projects and make ready for the needs coming!
It will ensure that the pricing for VRFB will be compelling! The long-life, the depth of discharge advantages, the safety benefits and the low-cost verse performance advantages over Lithium Ion will really open the market up. We could be set to be just in the right place at just the right time!

I see 2020 and 2021 as the real take up years for VRFB and then momentum will build to a peak in 2030's!

The world will be able to see the example, hopefully, implemented by Eskom, with the BESS project. Imagine the headline Bushveld Energy saves Eskom and makes renewables the lowest cost reliable electricity supply for Africa! The kudos for Bushveld Minerals could be very good indeed!

This investment wins when the Vanadium price is low and wins when the vanadium price is high!

What a perfect investment, low running costs, low purchase prices for plant, motivated workforce and skilled and highly polished board of directors! Backed up with the worlds largest high grade easy to access vanadium resource!

Add to this that we remain ultra undervalued, in relation to our assets and profitability it may just once again prove in 2020 to be the best investment stock of the year! A highly profitable new tech company! Welcome to the world of Bushveld Minerals!

Cheers, RK

FeV Prices continue to favour the production of VRFB!

"Ferro Vanadium 80% FOB (China) US$35.8/kg vs US$36.0/kg"

https://www.uploadlibrary.com/SPAngel_JohnMeyer/SP_Angel_-_Morning_View_-_Friday_25.10.19.pdf

I think the key point is that Motley Fool has their reports posted on Yahoo Finance in the app as well as Apple Stocks App on the iPhone, so it gives good exposure.

In the past, I found stocks I would have never investigated through the Motley Fool reports. So it gives a reasonable indication for investors to research more. So this publicity is good for us investors and a good signpost to those that don't!

If Motley Fool continues to update investors and build a stronger story then the investors will take note. I have written to many of the authors of the Motley Fool reporters in the past introducing BMN. I am glad to see they have followed this up and are now writing articles. All good!

Cheers, RK

This last year has been extremely positive for Bushveld Minerals!

2018 bought the structure and ownership with enhanced profits throughout the whole year, which was amplified as the year progress due to the increasing price of FeV to heady heights of $135 per kilo! Our operation costs maintained a very low level typically around $20 per kilo. This helped the company build up a huge cash reserve which Bushveld Minerals has been able to use in a very strong way in 2019. They have seen opportunities and seized them which will accelerate the growth of the business at the lowest actual cost to the business.

The cash has been used carefully at Vametco to optimise production in 2019, incentives the workforce through long term pay incentives, motivation and nurture as well as training. This has resulted in less downtime, higher output and better Run of Mine.

Next, the acquisition of Vanchem ofter pondered on this board was confirmed in May and will complete in the next few days, which not only gives a huge uplift to production capacity but de-risks the whole business and gives a huge opportunity for increased revenue from every aspect of the vanadium supply chain. The deal announced this week means yet again the BOD lead by Fortune has secured this operation at a bargain price due to the low Vanadium prices in the market today. The potential income from this one asset although hard to actually understand fully without being privy to all the prices of the products is difficult to pin down, will because of the amount of ore coming from Vametco initially but later in 2020 from Mokopane will mean that production will be able to be ramped up to mean the plant can run at capacity and be as profitable as possible. With all the knowledge and training as implemented at Vametco introduced to Vanchem. YOu can expect to see this operation running like clockwork as it is updated and optimised. The importance of this work and running at capacity is vital to the strength of Bushveld Minerals future strategy to become Africa's primary source of Vanadium Electrolyte for the Vanadium Redox Flow Batteries which is a huge new growth market for enabling renewable energy to be not only cost-effective but to make it efficient 24 hours a day. Which will reduce the CO2 emissions for the whole planet! Bushveld will be one of many suppliers over the years ahead, but they being pioneers and holders of one of the planet best resources will still be able to supply the market with V203/V205 for electrolyte production around the world as well as Nitrovan (a type of FeV) for the steel industry.

With a production target of 8400 mtV within 3 years, a growing market through steel and chemicals market as well as VRFB - Bushveld Minerals is looking very strong indeed!

The growing revenue streams and low lost will result in strong profit growth with any lift in vanadium prices which will ensure strong returns in both capital growth and dividends!

Thanks Pdub!
We as usual are in full agreement!
This is one incredible company! Not surprising that there are people / funds wanting to build large stakes in this business!

Attributable Value in the future:
Vametco - Existing income from V205 / Nitrovan - 74% Profit to BMN
Vametco - Ore supply to Vanchem - 74% Profit to BMN
Vanchem - Production of V205, Production of Vanadium Chemicals, Production of Electrolyte
All 100% Profit to BMN
Mokopane - Ore supply to Vanchem - 57.6% Profit to BMN
With respect to the ore supply, we do not know how the value of the ore will be assessed as this information is not in the public domain from the information so far released or the final amount that will be shipped from either Vametco and when Mokopane ore is mined. The value of the ore will depend on the actual mineral content! But you can be sure that the real value will come from conversion of the ore to the vanadium chemical and this will have 100% attribution to BMN (hence the value of Vanchem should really not be underestimated).
Bushveld Energy - Vanadium Electrolyte, Vanadium Energy Storage Project Management, VRFB sales, future VRFB assembly, Vanadium electrolyte leasing commissions

The actual values from each stream we will learn over the years ahead, but as a total business, you can see the numbers mounting up quickly.

Today there are 1,119,727,953 shares in circulation.
From 29th October there will be 1,153,642,682 shares in circulation

But expect the market to gain a much better understanding of the market and get very interested once the next RNS details on Bushveld Energy progress are released! Let alone if we see an RNS with respect to the ESKOM BESS project!

Anyone building a larger stake now will as I and many others have highlighted here to should see a considerable appreciation over the next 12 months this will compound higher in the years ahead as the incredible foresight of Fortune and his team comes to realisation!

Today's SP variances will be a long lost memory! All in my simple opinion!

@berginerman - when I made the solid prediction for £1.60 to £2, to be clear the price of FeV was over $130 per kilo and we were looking at Vametco producing 5000 tonnes per annum by the end of this year. If - that was 'If' the price had risen further and the production capacity had been met then I am sure we would have been well on our way to that value!

It must be said though the BOD found a way to secure Vanchem instead in 2019 and also to be able to develop the opportunity of Mokopane. This was knowledge we did not have.

Given this already now gives an annual capacity of 3200 mtV plus 960 mtV based on today's figures this is a strong base. With high percentage ore grades from Vametco the process rate from Vanchem should be higher and with an immediate cash injection to open further capacity at Vanchem by the end of 2020 we should expect to see more than double the capacity at Vanchem.

Now, who knows where the price of Vanadium will settle in 2020 but my guess is we will see a rise to a level above $45 per kilo as demand resumes and potentially more VRFB contracts appear.

So valuation in the 70 to 90p area by end of 2020 would seem reasonable. However, this is before the BESS contracts are known and before a JSE/FTSE listing. This could change much as well as our need to expand the plant more quickly and the real value of the Vanadium electrolyte.

My thoughts are the Vanadium price will not stay at this current low level for long. This time when it rises the market will understand more clearly what this means for Bushveld Minerals especial with much greater capacity!

So expect a much greater appreciation of our true value by September / October 2020! You can make a note of this and give me a kick in 12 months time!

Cheers, RK

I have not posted since yesterday morning, mainly because I have been tied up with business, but I think there are too many people expecting miracles here!

Look this company has progressed so far over the last 3 years especially. To be frank in the most remarkable way with incredible business acumen and astute judgement. The market got very hot last year with the phenomenal increase in the Vanadium price tying in here to the opening business opportunity and our share price jumped very quickly indeed.
Twelve months later and the position this company is in right now will be the envy of the vanadium world. We have two / three world-class vanadium mines, one in full production, one about to be opened with not one but two processing plants with a combined cost of about a third of one new processing plant. Why the envy, because we have been able to secure these plants and mines at a fraction of their true value at times when the vanadium prices are low. This is a huge problem for new companies wanting to enter the space as finance will not be so easy to unlock if the ROI is long. Bushveld Minerals will be able to build up this capacity and get everything in place to meet the potential upside when others are just trying to start construction.
The jump is the stock price today tomorrow is irrelevant! But what we will see is a strong growth in 2020 into 2021 which will really be when the market starts to push.
The prices people have been able to buy at for the last few weeks are so low it is incredible when you consider the real value. Anything under 50p will seem like a bargain next year.
All you need to do is buy and wait and this will be a true star. This board of directors are exceptional and the deals being completed to achieve this are remarkable.
That is my take and I stand by it!
Sorry back to business for me!
Cheers, RK

That is a masterstroke of a deal! Truly incredible!

This keeps our cashflow position strong for important further investments in the plant, at Bushveld Energy and a potential BE partner!

If you were going to buy a business, you need to take Fortune Mojepelo with you!

Have a great day!

Cheers RK

Further to my earlier post when buy-in there might be another RNS's ha ha! ;-))

Wish there was a 'Very Strong Buy' option

Remember next year FTSE listing and joint listing on the JSE!

Also it should be considered that the country may have a low status, but if the commodity is in huge demand that companies that produce the mineral and the products actually have an effect of helping the said country and in the end, if the world needs the commodity its value to its workers and shareholders as well as the tax income to the individual country is what counts!
The uses for vanadium are vital to the world going forward and having the worlds largest low-cost supply coming out of BMN cannot be bad for SA!
In the end, the income and profit will decide the value of this company, not its location. Mining locations have not held back Glencore, Rio Tinto and BHP! Not always found in the most stable of political countries! Not that we are a shining example right now - not starting that one....

Great day 21% up and the fat lady is not singing yet - Good night all!

Cheers, RK

Bouncer, just one point SXX had huge debt, and did not have sufficient funds to complete the project and finance was an issue!
Bushveld Minerals has no current debt, is cash rich and is already in production producing over 3000 mtV and making strong profits from a low cost base.

Mokopane gives the company a total inventory not ore but in terms of pure vanadium of over 3.5 million tonnes. Current mining and process cost is around $19 per kilo selling price is in excess of $36 per kilo.

Vanadium Electrolyte will be higher in price than FeV and it will have lease income to the business over 20 to 30 years too.

Bushveld also have multiple other potential revenue streams if they want to develop them.

But the Bushveld Energy market has been predicted by Fortune and Mikhail the two CEO's to have a value for the business 10 times higher than a pure Vanadium Mining and processing business.

The potential for this company could be multiple of that of SXX's previous predictions if that project at SXX ever becomes fully financed.

The market for Energy Storage and Vanadium Redox Flow Batteries means to keep up with potential demand by 2040 if VRFB gets 20% of the energy storage market per annum, they will need 80,000 mtV tonnes of vanadium per year. If it was 100% of the requirement they would need 400,000 mtV per year (from a recent study by BloombergNEF).

So people have a very good reason to be very excited here!

Cheers RK

Paludina - I am thinking in investing in this company, have been so negative about it before I am finally thinking of investing.
Few rough calculations but $500 million profit should give a valuation in excess of £2.
That would be quite a handy increase!
Don’t want to be too positive.
Ah ah!
This company already made over $60 million in profit last year!
No debt either!
I think I’ll buy in!

The potential for this mine is remarkable and will provide a huge income to the local area to help redevelopment and 57% of the profit for the mine will go to Bushveld Minerals, but remember the money is the processing and Vanchem will be 100% owned by Bushveld Minerals so for any wondering is this significant. It is truly monumental for this company. Then add on the margins for Vanadium Electrolyte and you have a company which will be generating profits in the years ahead way over $500 million per year. Our valuation is massively low tody. Is was low yesterday.
I expect a new valuation from SP Angel after the Vanchem completion and expect something someway north of £1.

It will take until late next year for the income to really start being seen but the 2020 and 2021 accounts are going to be spectacular.

If any mining company should have an ambitious PE value ahead it should be Bushveld Minerals!

Two mines, two processing plants, Electrolyte manufacturing plant and a VRFB assembly plant coming!