Member Info for RichKen

Ninvestor, I don’t think we should be thinking to much about the AIM50, if we move to SETS which we must, this is 100% the time to move to the FTSE and automated trading. The point of this happening will be after many major announcements which we are sure are coming. The time will therefore be right and is likely to be a strong move not a weak one. My expectation is around the same time as the 2019 accounts and full year report. I just think that could be just the right time. I hope it is before to be totally honest, but realistically that might just be right. We will have two years strong figures, multiple plants in operation and it will be a huge news story which will attract multiple interest around the world.
But nothing stops this company from being right now an excellent buy in my opinion and nothing I have found makes me think otherwise.
Cheers RK

https://twitter.com/BMNperspective/status/1171772265832361985

This is just the start!

I think the Chinese would have been better spending the 34 Billion to buy Bushveld minerals. As a shareholder, I would have recommended that!

Anyone agree?

Sorry Mogwhy. Not sure why. I copied from today’s mail link. Must be a problem with SP Angels link! Just tried again. No joy!

Just to remind everyone...

Strong growth, both in terms of business structure, output and profits?

How are they doing this?

The company has outlined plans once the Vanchem business purchase is completed to overhaul the existing plant bring all the Kilns (4) back into efficient operation giving the capacity to increase from 960mtV per year to a nameplate capacity of around 4200 mtV as quickly as required.

Ore supplies from Vametco first, Mokopane as soon as possible and Brits, if required, are possible to produce V205 as well as many other specialist vanadium chemicals. Expect a fast increase output and efficiency based on strong knowledge and management procedures as already delivered at Vametco.

Mokopane, this licence will come soon, and with the largest supply of high-grade vanadium on the planet will be available to be processed quickly (6 to 12 months from the announcement) giving a quick output of high-quality V205 to the market via Vanchem and supplying into Bushveld Energy to make electrolyte.

Expect news from Bushveld Energy on supply agreements and the new East London plant as well as new partnerships with VRFB manufacturers. I am sure we will see opportunities and agreements to supply in Africa too.

The JSE listing will come and with it, I expect a change on the UK listing, In my opinion we will change onto the FTSE 350, expect an automated market, tighter spreads and the ability to buy and sell without NT annoyances. At this time we will have many more points to be pleased about and I really expect not only many new SA buyers I think a few more fund managers will be waking up to the opportunities.

Expect Lemur, to be floated off or sold leaving Bushveld with a totally focused Vanadium business and removing the non-green energy aspect of the business.

Expect further investment and output at Vametco increasing Nitrovan output to the steel industries looking at high-grade steel strengthening additive.

Expect Bushveld Energy to become the major part of the Bushveld Minerals revenue stream over the next 3 years.

Expect a share price considerably higher than you think it might be, with a strong ongoing dividend as the company grows, a token in 2020 and a stronger and stronger one in the years following.

Consider a greenfield process plant for Mokopane in 5 to 7 years time, but also many Vanadium Gigawatt hour vanadium electrolyte plants being built in 3 to 8 years as the VRFB market really takes off, in addition to the first one in East London due to make production in 2020.

This story is not half told and the upside still is beyond what most people and the market has fully worked out yet. But Fortune and Mikhail have the vision and are delivering on it!

Exciting, you better believe it!

Cheers, RK

Only relevant news today for BMN was:
Ferro Vanadium 80% FOB (China) US$38.7/kg vs US$38.7/kg

So in China the price is holding steady.

Anyone wanting to read the full update: https://www.uploadlibrary.com/SPAngel_JohnMeyer/SP_Angel_-_Morning_View_-_Wednesday_11.09.18.pdf

Sanchez, Of course, UET could also be well able to sort this kind of project, they have a better capacity for larger systems than Avalon. Especially delivering in a container.

Ferro Vanadium 80% FOB (China) US$38.7/kg vs US$38.6/kg - Up a little!

Battery News

Tesla unveil new cell that can last one million miles (Electrek)

Tesla’s battery research partner, Dalhousie University, have released a paper on a battery cell that can last over one million miles.
Test results released along with the paper show that the new battery cell is going to be Tesla’s first million- mile battery. The new battery tested is a Li-Ion battery cell with a next-generation “single crystal” NMC cathode and a new advanced electrolyte.
This technology will be especially useful in ‘robot taxis’- a self-driving taxi service Tesla are currently developing as the longevity of these vehicles is going to be a big differentiating factor in the cost.
The development of this battery comes as Tesla is working to build its own cell manufacturing line in order to try and improve battery technology and cost.

Australian Vanadium (AVL AU) A$0.015, Mkt Cap A$29.6m - awarded ‘major project status’

Major project status is a formal recognition of the national strategic significance of a project. This project has been awarded special status through its contribution to economic growth, employment and to regional Western Australia according to the Minister for Industry, Science and Technology.
The Australian federal government also provided the project with a A$74-million loan through the Northern Australia Infrastructure Facility. The project is expected to create 400 direct construction jobs and 200 ongoing jobs.
The award highlights the importance of the project, as vanadium is on the critical minerals list for Australia and the US.
The project has an initial 17 year mine life, and has a total mineral resource of 3.6Mt at 0.76% vanadium pentoxide (V2O5) consisting of a measured mineral resource of 10.2Mt at 1.11% V2O5, an indicated mineral resource of 40.7Mt at 0.66% V2O5, and an inferred mineral resource of 132.7Mt at 0.77% V2O5 (mining.com).

https://www.uploadlibrary.com/SPAngel_JohnMeyer/SP_Angel_-_Morning_View_-_Monday_09.09.19.pdf

https://www.outsiderclub.com/report/how-to-win-with-vanadium-the-metal-that-will-replace-lithium/2602

Tyfoon, absolutely good points. The research that I have been doing over the last few weeks leads me to agree that Solar and Wind generation will be sure to make up the majority of energy generation around the world and this has to be backed up with substantial energy storage projects. There are massive opportunities for homeowners to mix solar with home storage from 4 to 15kW which can result in almost zero grid usage in the summer, these will be dominated by Lithium-Ion systems in the short term and Tesla has an aggressive price strategy right now. But I think this could change in the years ahead. People may consider the fire risk of theses systems and small VRFB's could take the mantle within 3 to 5 years. Then local generation with medium-size energy storage projects which is where there is a huge opportunity for VRFB systems to back up large local solar and wind projects. Then large storage which should be dominated by VRFB within 2 to 3 years due to the multiple advantages. The growth curve is set to move quickly next year and onwards. There will be other technologies but right now VRFB has every key point covered.
I also see huge potential for VRFB to be established as the perfect partner for eV charging stations where demand will come in peaks and troughs. For fast charging, you need high power discharge quickly and only VRFB's can cycle fast enough without thermal runaway. You would not want to risk a large Lithium-Ion system as energy storage where there are petrol tanks at fuel stations for instance. Only VRFB could be used safely in this application. These eV charge stations are going to be everywhere. That is a huge market globally. The more I look into this the larger the suitability for VRFB systems becomes and the limitations for Lithium-Ion batteries become more an more worrying.
Bushveld Minerals and Bushveld Energy are in prime position to be a key exploiter and supplier to multiple VRFB manufacturer's. This position should seriously not be underestimated by potential and existing investors here. Time is ticking and this market is going to be huge. Watch this space.
We all need to look at the number of these projects around the world! I seriously don't think the EL Bushveld Energy Electrolyte plant will be only one!
Exciting prospects lie not far ahead.
Cheers, RK

Thanks pb940, not sure what happened there, as that is what SP Angel sent through today!

"Ferro Vanadium 80% FOB (China) US$38.9/kg vs US$39.3/kg" - Note Price Change upwards!

UK’s grid supported by 475MW of battery power in power failure (Energy Storage news)

Last week’s power grid failure would have been a lot worse had it not been for some 475MW of battery backup power which helped to restore power to the network.
Some 5% of the network was sacrificed to protect the other 95% according to the National Grid after the event.
National Grid are blaming a lightning strike which we suspect is code for we are too embarrassed to admit that we couldn’t forecast that strong winds would cause the 1.2GW Hornsea One offshore wind farm to cut power to protect its windmills on a particularly windy day – as they do!
The National Grid’s Duncan Burt told the BBC that “It wasn’t the case that the wind got too strong.”
Yes, there was a lightning strike between Eaton Socon and Wymondsly near Bedford but did it really cause the Little Barford gas power station (owned by RWE) to go down? Eaton Socon is 2.5 miles from Little Barford. Lightning strikes are not normally expected to trip out power generators.
National Grid are under contract to transmit power to the UK. Could blaming the power outage on an act of God may help save the company from a potential 10% fine on revenues by Ofgem the grid regulator? We shall see what the Ofgem investigation concludes.
Looking ahead, battery backup looks like the best solution to support an increasingly unstable grid as power generation moves from coal to wind and solar.
New instillations of Lithium-ion and Vanadium Redox Flow Batteries ‘VRFB’ are being trialled in the UK.
Listed companies to watch in this space are:
Bushveld Minerals* - testing a ‘VRFB’ in South Africa with the local state utility and planning a vanadium electrolyte production plant.
Talga Resources* - producing value-added spherical graphite for battery anodes which should improve Lithium-ion battery performance
Savannah Resources* – lithium mining project in Portugal and copper in Oman
IronRidge Resources* - lithium mining project in Ghana and gold exploration in Ivory Coast, gold exploration in Chad and iron ore in Gabon
Kodal Minerals* - lithium project in Mali

https://www.uploadlibrary.com/SPAngel_JohnMeyer/SP_Angel_-_Morning_View_-_Wednesday_21.08.19.pdf

I would be delighted to see an RNS announcement stating BMN are moving to the FTSE and joint listing on the JSE. The impact would be huge.

Folks this is definitely worth listening/watching at every level.
https://www.youtube.com/watch?v=TsWIAvM24Ww

Our two businesses have much in common and we are seen as the two main primary vanadium companies in the world.

Mark Smith is a clever guy and he has done wonders for Largo and driving them away from Glencore so the pricing is not dependent on them. Interesting the Largo mine as is has only a 9-year life as it is but they have additional reserves which could unlock a further 12 years. But they are only 1km into 40km possible resource potential, so they can expand on for many years! There focus is on high purity V205 (especially for jet engine manufacturing), but VRFB could become part of their supply strategy in the future.
Vanadium Chemicals are a key growth area for high purity vanadium into special niche markets - like Vanchem!
They are debt-free too, so like Bushy they are extremely undervalued! I expect that Largo and Bushveld Minerals will at some point be really appreciated and then the stock price of both businesses will rise appreciably.
Definitely worth a listen!

For the obvious application is for VRFB installed at Charging Stations so that there is a large source of energy stored locally as charge stations will have peak times and quiet times like all energy provision. This means the large capacity VRFB can hold huge store and take from the grid and local solar / wind generator as required and at low demand times and deliver the power as required. This also reduces the need for large diameter cables to supply each charging station. the ability to charge and discharge simultaneously is possible with VRFB systems!

Excellent news MadasHat! This is a major step forward for the start of construction of the new plant. The income potential from this one plant will be the making of Bushveld Energy's first stage of global supply for Electrolyte.
It would be good to see this news in an RNS, but I am happy to wait till there is no chance of appeal and the construction schedule is clear. The opportunity for job creation in this plant should be welcomed by the local people and what this means that SA will have its first Gigafactory. That should make some headlines!

Folks, are you reading this board? I can't see any SP predictions today for any of the points stated.

You can be sure that very soon we will see a much stronger momentum building here as the story unfolds over the months ahead. Trade plotting can only look back and see trends, but the news items and business expansion in a growing market will build confidence and ensure that buyers come back and push the stock price in the right direction. The days are numbered when any of us have opportunities to buy at these prices.
No one will be too embarrassed to say they bought in last August / September once the key news items are all in place as the next six months unfold!
The market makers will only be too pleased to raise the SP with a large influx of buy orders.

Ferro Vanadium 80% FOB (China) US$38.5/kg vs US$38.5/kg

Battery News

Chinese companies pushing for Japanese battery storage market share

Major Chinese energy companies BYD and CATL are both manoeuvring to take advantage of Japan’s growing household energy storage market (Nikkei Asian Review).
CATL has reportedly joined forces with Japanese solar panel equipment manufacturer Next Energy & Resources to build battery storage technology for the Japanese market.
The Japanese energy storage market appears attractive to new entrants given recent deregulation and the heightened need for energy security and energy stability given the risk of natural disasters.
Developments in Asian markets could have a positive effect globally, driving the cost of battery storage technology down, with Next Energy president Atsushi Ito saying: “We want to cut prices to about a quarter of current levels in three to five years.”

https://www.uploadlibrary.com/SPAngel_JohnMeyer/SP_Angel_-_Morning_View_-_Tuesday_03.09.19_.pdf

Strong growth, both in terms of business structure, output and profits?

How are they doing this?

The company has outlined plans once the Vanchem business purchase is completed to overhaul the existing plant bring all the Kilns (4) back into efficient operation giving capacity to increase from 960mtV per year to a nameplate capacity of around 4200 mtV as quickly as required.

Ore supplies from Vametco first, Mokopane as soon as possible and Brits, if required, are possible to produce V205 as well as many other specialist vanadium chemicals. Expect a fast increase output and efficiency based on strong knowledge and management procedures as already delivered at Vametco.

Mokopane, this licence will come soon, and with the largest supply of high-grade vanadium on the planet will be available to be processed quickly (6 to 12 months from the announcement) giving a quick output of high-quality V205 to the market via Vanchem and supplying into Bushveld Energy to make electrolyte.

Expect news from Bushveld Energy on supply agreements and the new East London plant as well as new partnerships with VRFB manufacturers. I am sure we will see opportunities and agreements to supply in Africa too.

The JSE listing will come and with it, I expect a change on the UK listing, I really think that we will change onto the FTSE 350, expect an automated market, tighter spreads and the ability to buy and sell without NT annoyances. At this time we will have many more points to be pleased about and I really expect not only many new SA buyers I think a few more fund managers will be waking up to the opportunities.

Expect Lemur, to be floated off or sold leaving Bushveld with a totally focused Vanadium business and removing the non-green energy aspect of the business.

Expect further investment and output at Vametco increasing Nitrovan output to the steel industries looking at high-grade steel strengthening additive.

Expect Bushveld Energy to become the major part of the Bushveld Minerals revenue stream over the next 3 years.

Expect a share price considerably higher than you think it might be, with a strong ongoing dividend, a token in 2020 and a stronger and stronger one in the years following.

Consider a greenfield process plant for Mokopane in 5 to 7 years time, but also many Vanadium Gigawatt hour vanadium electrolyte plants being built in 3 to 8 years as the VRFB market really takes off, in addition to the first one in East London.

This story is not half told and the upside still is beyond what most people and the market has fully worked out yet. But Fortune and Mikhail have the vision and are delivering on it!

Exciting, you better believe it! Cheers, RK