Member Info for RichKen

Thanks Faramog!
The point is the increased demand for trickle charging EV’s will be balanced over time.
Also it should be remembered that most home owners or tenants don’t have a drive nor are they able to park directly outside their homes. In fact this could be the time when more people start to have community cars to share.
One thing from the YouTube video on the model 3 that Alfa shared earlier is that EV’s have significantly lower running costs. Servicing costs are lower, no engine to service, no oil to change, the brakes last 4 to 5 times longer due to regenerative breaking. So EV’s will become the go to low cost transport.
But in the end the vast majority of car owners only travel 200 to 300 miles per week. This is one charge for 40 minutes on a fast charge or 8 hours on a home charger. Not everyone will be using the full demand all the time. So more balance.
I am not convinced on V2G (vehicle to grid) which is in the media. Why because then the grid can put more battery cycles through your car reducing the life of the battery and also increasing the fire risk! That is a fancy idea which is not sustainable and which could devalue an EV dramatically.

Sounds like a great idea Ophidian! More green energy!

Ah, Faramog yes these are good points! But work with me here.
So we know we can only get so much power down a given size cable, be it a grid cable or the supply to you home. But if you install suitably sized energy storage batteries at strategic locations you can transfer power as demand allows to the local point of use (or near to it). This is the key, so you don't need larger cables just more storage points.
Now bring this closer to home. The average EV battery as we have already said is 60 to 100kW. It is unlikely that we are all going to install such large batteries in our homes to enable rapid charging of our cars. But smaller ones of let's say 7.5 to 15kW would be ideal to charge up during low demand / low cost / solar from our homes. Now multiply this out through lots of homes and the demand curve reduces dramatically. Also, not every EV driver is going to use the full battery charge every day. In most cases you will only actually need to charge once or twice a week, so you could top up from your home system each day for the local journeys.
Now as you rightly said we don't all want to start installing Lith-Ion 7.5kW battery systems in our homes or even attached to our homes! But we might be happy to install a VRFB system as it is safe, it will last 30 years and even payback after 10 years so the economics will make sense. This brings me to the next point, if a large proportion of the pollution did this the grid would have much more storage built-in and the demand on the grid would be much more balanced. This should result in lower energy costs for all! Why because homeowners and the builders have already installed the storage into the home. The mix of renewables including home solar with home energy storage would have a huge impact on global emissions.
Your EV's, if you are using it, will one day be mainly charged up in your car parking point at work, in a public car park or when you even need a quick charge up at the local charge station which will be surrounded by fast food and coffee joints, it will happen!
Now having thought this through what do you need VRFB around the Grid and home VRFB systems.
Having worked through this what do we need? Lots of Vanadium and Vanadium Electrolyte and multiple VRFB installations. What do Bushveld Minerals do and what are they doing? Well, what a compelling investment this is looking like once you join the dots up. Now all those feeling a bit down on their investment over the last 8 months can start to look up again because the future is being mapped out and those holding on to their investments will be rewarded. We are just not seeing it. Go back to what Fortune said - "we have to appreciate that it's not the most straightforward story and it's one which I think the market will only fully appreciate as we deliver very granular initiatives".
These discussions and questions are great for helping us open our eyes to the business opportunity and the reason why this investment is exciting!
Chee

Faramog, I can understand that it is hard to see they change, but I can say that every car manufacturer is throwing billions at this technology development and the energy companies are accelerating the charging infrastructure to be ready even if most don't see this yet. The prices are already coming down on EV's and this will continue as time goes on. Look at what is happening in China!
I have to say when the iPhone, and even the iPad came out (resulting a complete revolution in personal computing) I could not see how they would replace the conventional mobiles and laptop. But they have. I know most of the nation don't walk much, and drive everywhere! But when you do walk around a busy town or by a busy road, the diesel and petrol fumes coming from cars and trucks really is quite incredible. Everyone living in cities is breathing these fumes every day. If they are reduced and EV's become the future our lives will be changed dramatically and the planet really needs this as part of a complete change in our daily lives to make this planet better.
It is easy to say I can't see it and often we don't see it but it still happens and it will happen. The G7 summit has been much focused on the Amazon crisis, these conversations soon escalate into the critical needs to stop global warming.
In the end, the need for power demand will be met with grid balancing and energy storage and renewables as part of a multifaceted approach.
The times are changing and it will happen, it has to happen. The future your investment decision here will be increased because of it. It may take slightly longer but in 10 years time, I doubt we will see many diesel and petrol cars being sold, apart from die-hard petrol heads!
These are all thoughts and how they actually pan out we will see.

Many thanks, Alfa. I think the 4-hour duration is going to be a good number for future systems with renewables at the heart of the generation picture, so from the conservative estimate we are looking at 72 to 120Gwh of energy storage for a safe and balanced Grid in the UK. If the UK were to invest in 25% of that in VRFB which would be a start so let's say 30GWh for a starter so that means the UK would need around 150,000 mtV for the UK energy storage. It is easy to start to see why the world will really need to be able to unlock multiple sources of vanadium to make a safe grid future. We could assume the numbers for Europe will be 10 times this amount and the US around the same. China and India could be as much as 200 times this amount if the continue to develop as their populations grow. The is going to make the energy storage market one of the most important growth industries over the next 5 years. I think if VRFB is realised as one of the perfect synergies for this market based on safety, duration, repeatability, return on investment, lower CAPEX, leveraged OPEX, and recyclability it makes the Vanadium assets around the world very important indeed and anyone developing and growing them in the way that Bushveld Minerals are, will see that this mineral named after the goddess of beauty, will realise they have made a beautiful business decision. Of course, investors should see a beautiful return on their investment too!
Let us just hope that those with the procurement responsibility chose wisely for the countries long term energy security.
Cheers, RK

Alfa, I think one of the questions I keep trying to find the answer to, is assuming the take up of EV’s here in the UK means that in 5 years time more than 50% of new cars are electric the power required to charge multiple 60 to 100KW EV batteries will have a significant impact on the UK grid. Assuming that we may grate more and more generation to solar and wind and lose a great number of gas generation, assuming coal is 100% phased out, how many grid battery systems would we need and what is the ideal MWh size to allow balance. Sorry that is a monster question and if I was looking at the UK’s future power requirements it would be a key question for any energy committee.
I would expect the answer to be a large take up of ESS. Which is exactly the ideal use for VRFB.
Cheers RK

Part 3:

The company presentation which explains the basics in a nutshell:

http://www.bushveldminerals.com/wp-content/uploads/2019/08/May-2019-Corporate-Presentation.pdf

What about Vanadium Redox Flow Batteries:

http://www.bushveldminerals.com/wp-content/uploads/2018/11/Energy-storage-101..pdf

Plenty for any potential investor to consider when researching this company!

Part 2:
Recently Fortune Mojapelo in an interview summed up the future:

“So we have to appreciate that it's not the most straightforward story and it's one which I think the market will only fully appreciate as we deliver very granular initiatives such as the electrolyte plant and we start to produce electrolyte, we deliver the electrolyte rental contracts and the market can see how that works and how it translates into value. As we deliver deployments of VRFBs and as we demonstrate what sort of partnerships, we are going to do with VRFB manufacturers. So, I can understand why the story is not yet fully understood or appreciated but I think it's only a matter of time."

"On the dividend policy, we didn't so much change as announced our approach to dividends. It is the first time we are actually explicitly stating how we view dividends going forward as a company The key points we wanted to highlight there were firstly that as a company we are still very much a growth story and therefore a big chunk of our proposition is capital growth. However we as a low-cost producer we are a cash-generating business and we believe that with the growth ahead of us we will be in a position to fund our expansion and our growth and still have sufficient free cash flow to pay out a dividend and we just wanted to clarify that when we do that, it will be based upon a pay-out ratio on our free cash flows."

If you want to understand where the company is right now and what it has achieved please read the Bushveld Annual Report:

http://www.bushveldminerals.com/wp-content/uploads/2019/06/Bushveld-2018-Annual-Report.pdf

Cheers RK

Part 1 Updated:

The world is currently in a state of change, for years oil investment has excited investors as this was the constant growth area and the black stuff seemed to be liquid gold. Today we are seeing a tide change. If we look at the automotive industry all development was on ICE, but now every manufacturer is focusing on EV development. The global electricity producers were focused on Coal, Gas and Nuclear. But things are changing, infact changing quickly. Never have needed to change our focus more than we do today. C02 emissions are a real concern and the climate crisis with global warming is real. Here we are in another record heatwave, this time on an August Bank holiday weekend when it is normally cooler and damp!
But the world needs to find new technology and low carbon energy sources to invest in. Vanadium Redox Flow Batteries are going to be a huge part of the global revolution, the advantages for energy storage are huge compared to the other possibilities. Right now, there is no other technology that can store electricity repeatedly without losing its capacity to store and hold power for so long and give such long duration. The ability to give transmission grids, balance and frequency correction is huge. There is a huge saving to grid suppliers, by installing large scale batteries as they don’t need to increase transmission cable sizes as the power can be produced off grid peaks and stored locally. So, Energy storage will transform the energy generation and distribution markets. Combine this with the increase in the use of renewables, and it is easy to see why there is such a compelling reason to invest in businesses, who are going to become key parts of this essential supply chain. Vanadium looks like it will become an increasingly popular part of this energy storage revelation in use using VRFB. Bushveld Minerals are in the process expanding their vanadium mining and process capacities to facilitate this growth in demand and by pioneering the vertically integrated electrolyte production into its standard programme through its subsidiary Bushveld Energy. The upside potential of this intelligently led business with passionate directors who are creating new jobs and a longterm future for local businesses as well as Africa cannot be underestimated. These products are not included in any global tariff / tax plans and will be globally significant. This will ensure that this company has a very positive future with massive growth potential.
I would recommend thoroughly researching this company as its stock value is exceptionally low compared to it its potential. They have no debt, are making strong profit revenue and have committed to rewarding investors with dividends in the future as the business expands. Investing in profitable and growing renewable energy investments is the way forward.

Continued....

The world is currently in a state of change, for years oil investment has excited investors as this was the constant growth area and the black stuff seemed to be liquid gold. But, today we are seeing a tide change. If we look at the automotive industry all development was on ICE, but now every manufacturer is focusing on EV development. The global electricity producers were focused on Coal, Gas and Nuclear. But things are changing and chaining quickly. Never have needed to change our focus more than we do today. C02 emissions are a real concern and the climate crisis with global warming is real. Here we are in a heatwave on an August Bank holiday weekend when it is normally cooler and damp!
But the world needs to find new technology and low carbon energy sources to invest in. Vanadium Redox Flow Batteries are going to be a huge part of the global revolution, the advantages for energy storage are huge compared to the other possibilities. Right now there is no other technology that can store electricity repeatedly without losing its capacity to store and hold power for so long and give such long duration. The ability to give transmission grids, balance and frequency correction is huge. There is a huge saving to grid suppliers in installing large scale batteries as they then don’t need to increase cable sizes as the power can be produced off grid peak and stored locally. So Energy storage will transform the energy generation and distribution markets. Combine this with the increase in the use of renewables it is easy to see why there is such a compelling reason to invest in businesses who are going to become key parts of this supply chain. Vanadium looks like it will become an increasingly popular part of this energy storage revelation. Bushveld Minerals are in the process expanding their vanadium mining and process capacities to facilitate this growth in demand and by pioneering the vertically integrated electrolyte production into its standard programme through its subsidiary Bushveld Energy. The upside potential of this intelligently led business with passionate directors who are creating new jobs and a future for local businesses as well as Africa cannot be under estimated. These products are not included in any tariff plans and will globally significant will ensure that this company has a very positive future with massive growth potential.
I would recommend thoroughly researching this company as its stock value is exceptionally low compared to it its potential. They have no debt, are making strong profit revenue and have committed to rewarding investors with dividends as the business expands. Investing in profitable and growing renewable energy investments is the way forward.
Cheers RK

Just added £4K this morning. A little latter than I should have! But given the up and coming news and upside potential over the next 6 to 12 months I am very happy to get in more at 21.6p.
Hopefully be adding more next month!
Exciting times are coming very soon!
Cheers RK.

If I did write an RNS - I would want to make everyone's dream come true that is sure enough magelliccloud!

Thanks to you all for your truly incredible messages it is one of the best days of our lives!

Good night all!

Please excuse me this off subject, but I just wanted to share with those who have been following our situation with my Claire, that we had amazing news today, after her huge operation to remove the esophagus back in February due to large cancerous tumor. She had a CT scan on Tuesday and we know that the cancer is completely gone after seeing the surgeon today! This is such a blessing to us both and it is truly remarkable. Many thanks to all of you for your kindness and thoughts through this difficult time. She has a long way to go to be completely fit but it is such a weight off our minds!

Our thoughts of course with remain with our good friend here Pdub, and also the continued improvement for Knutties wife too!

Have a great evening all! Cheers, RK

It is incredible when the SP was in the 7 to 9p range for many months, we had visitors to this board sounding what turned out to be rubbish, they could not understand why so many people were positive, to the prospects and growth of this business. They sounded off about the negative aspects of raising more money, borrowing etc. However, as the company made progress and did all they needed to do to take the company to the next stage, here we are 2 years later the company has a highly profitable mine in operation making over $1m per week, it is in the process of completing a purchase which will help them ramp up to nearly 10,000 mtV per annum, they are about to receive the long-awaited licences for the largest high-grade vanadium resource on the planet. If they need to finance part to make it successful - it will be in the best interest of the business and help it to grow to the next level. The Bushveld Energy project at EL is fully funded already and if they need to borrow to grow it further then this will be supported again. To grow a business to make it successful it takes strong leadership, a great motivated team and a product that the world needs. Given the current situation with growing energy consumption and the immediate need to change to renewable energy to reduce an eventually eliminate carbon-based power generation the need for energy storage which is reliable and long-lasting and meets the needs of grids and mini-grid applications is critical and we have a world leader in the technology as CEO of our own energy division. The product is VRFB and the market is globally huge and as one of the largest potential vanadium electrolyte manufacturer's we are in a great position.
So whilst a few try to cause unnessassary discussion it is best to focus on what is laid out and knowing that the BOD is doing a great job and they have a great workforce and management team working with them and they will deliver a full-on success!
Cheers RK

Pdub, Our thoughts are completely with you my friend. You are going through a really tough time and chemo is really horrible as you know well I have seen this first hand as have many others. You have been incredibly strong and your support on this board and the posts which you put together day by day are so appreciated. Your robust defence of something you truly believe in is rightly appreciated and anyone in your position and any other investor on this board are all supporting one another with news, updates, new information and excellent research. My Claire had another scan yesterday, so we hope she is completely clear. Tomorrow we get the news. Always nervous times.
Keep strong and keep posting what you believe!
Cheers RK

No, but you can get me some of those Dark Lindal Balls - They are so satisfying, as will be when the news comes in with the Mokopane licence!

I thought for a minute there was an RNS... back to work...

Corrected - Sorry A12DY! I was typing and sending way to fast! More haste less speed ;-))

Battlecry - I can add some positivity - it is all now what to do!

It is going to be huge!!

The company makes over $1m profit per week!!

Now do your self a favour and read the bushveld website
http://www.bushveldminerals.com/
Listen to all the interviews and when you have done that read The Bushveld Perspective https://www.thebushveldperspective.com/start-here2

Should keep you busy for a day or two. You might then have a question or two!

Happy reading and watching. Research is king, patience is important and you may make a penny or two. Impatient - you will lose a fortune!

Cheers RK

Sorry - different format

https://www.miningreview.com/energy/vanadium-redox-flow-battery-a-game-changer-for-energy-storage-safety/

https://www.*************.net/a-game-changer-for-energy-storage-safety/

Battlecry - I can add some positivity - it is all now what to do!

It is going to be huge! The company makes over $1m profit per week.

Now do your self a favour and read the bushveld websitehttp://www.bushveldminerals.com/ and listen to all the interviews and when you have done that read the https://www.thebushveldperspective.com/start-here2.

Should keep you busy for a day or two. You might then have a question or two!

Happy reading and watching.