Member Info for Sanchez599

The market may actually need to see photos of empty warehouses at this rate. We may be back seeing $40 pricing in rather short order looking at how pricing is moving at present. Into the 30's we go.

Broadly I think we are on the same page!

Bella, that's my point. It's not and should not be about a tender being based upon everything BMN can offer. It is for me a process of educating stakeholders so the tender asks the right questions that will ultimately provide SA the best solution and thus clarify a broader understanding of exactly what a 'best solution' and good value should mean for a BESS project. The fact BMN can deliver the answer if the questions are asked correctly is for me, what is important. Just imo.

And Bushveld getting the right questions asked fairly and squarely in a tender of this size can only be a good thing for the wider uptake of flow batteries and the growth of the broader market they aspire to help facilitate as other countries look at what happens in SA. That's the strategic masterpiece here.

It has been made very clear for the last couple of years that the positioning work done by BMN along with the IDC and World Bank has been geared towards creating an environment around this tender that allows the genuine suitability and local credentials of VRFB and the BE supply chain to shine.

For me the goal of the positioning work and assessment of the test batteries has been more about a process of education of stakeholders to make sure that the awarding criteria are actually appropriate, interrogate solutions effectively and are fair, (IE parameters that encourage performance in areas that are not often as highly weighted or sometimes even seriously considered - safety, local beneficiation, whole life cost, blackstart, multiple daily cycles). BMN achieving that means VRFB and a predominantly SA supply chain can truly showcase its inherrent capabilities rather than the tender being specifically written for BE to win. It's important to remember that it is a very fine line between ensuring a warm tender opportunity and skewing the process. Bushveld don't need to have a tender written for them, they just needed to make sure the right questions are asked.

If they had been asked more readily in Korea, perhaps they wouldn't have had so many fires to date.

Alongside the not-at-all odd £50k sell being chucked in every day for the last three days.

It isn't a lack of short term upside holding us back. It is that the MM's or whoever is contriving these daily large sells won't let any momentum build. When that switch gets flipped it will turn on a dime. It happens everyday on AIM. People pile in to rising share prices. We know for a fact a lot of people are watching.

This rubbish Pdub is having to answer is what happens when people start crying unicorn tears about a need for balance. It is never about actual balance. It is always about 5hit-posting and undermining shareholders. But go for it, debate this pointless rubbish away... Well done to all the inane LTH's that continually open this door and end up hitting themselves in the face with it.

Lol Endion. There's someone for everyone. Nice when they find each other.

That 265k sell at 19.65 doesn't look desperate and out of place at all.

Yep, it was nice of Europe to close up the gap so they could all kick on. People should note there is always a bit of a lag with the SP and V prices whilst we are so apparently wedded to them. That's why people have been working so hard to knock Bushveld of late. The window of opportunity for them is now.

The thing I love about the whole board police angle, is that the same people who use it, have no doubt gained loads from the same people they level the accusation at. Alfa, your post deserves a lot more likes. And really Gunner owes a lot of people an apology. Disingenuous to the extreme.

And in case people aren't noticing this is more than 10 consecutive days of price rises now with 0 reflection in the SP and it does not look like slowing. 3-5 years. LOL.

We also have not one but two acquisitions completing that catapult us into being stakeholders in the delivery end of the VRFB industry. They are not 3-5 years away. Energy storage is in the news more and more literally every day.

I am sure some wondered if the internet would be a success.

And LS, timed perfectly for a communal sounding off. What is more odd to me is that people don't learn (or make out they don't). Last time the SP rose to 50p we were not a shadow of the business we are now. The vanadium price is rising again and we have so much more of a rationalised, diversified, blossoming and expanding business than back then. If people can't see that that is the fuel that, along with VRFB - a technology that is clearly elevating this year, will power us on, then more fool them.

On the PR note, you also wouldn't put Mokopanes final signoff buried in an RNS unless there was a very good reason or your PR-phobia was terminal - Bushveld's is very much alive and being tactically implemented as anyone watching the Indaba coverage would know. Just ask yourselves why someone might do this so deliberately and make no mistake, it was deliberate. It's not rocket science.

And clearly things are happening at East London. I have been involved in more tender processes for construction projects of all sizes than I can remember and surprise surprise, they very often have a strict process involving commercially sensitive information so not much is put in the public domain. There are also detailed design and order lead times to accommodate. I wouldn't expect them to RNS a contract award would however expect news on the final programme once everything design and finance related is signed off and that should be in a general BE update.

Some very tactical posts tonight from those wanting to give the appearance of pushing the horizon back. it is no surprise that it is happening now when V prices have bottomed and people can see the next rise coming this year.

Thread title of the day SG....

Mount up.

Hope all those so patiently waiting and watching on the sidelines got some cheap shares this morning.

Also worth noting that the last time V prices were at these levels our SP was around 24-27p.

They have made no credible case yet for bearishness on BMN.

SA politics - whatever way you look at it is in a better place than under Zuma when we hit 50p.

Vanadium prices - clearly rising and looking like more rises in the weeks ahead.

Coronavirus - we send a very small amount of our product to China and any business worth its salt will just flex to suit different demand and geographies as we demonstrated by not selling when prices were bottoming.

Market bearishness - by all accounts the African Indaba was remarkably and notably buoyant.

VRFB adoption - John Meyer - 'Bushveld are going to be huge in the battery storage sector'.

Next.

Remarkable how we sit around 19-20p at a time when V prices have bottomed and suddenly here we are with the same old idiots trying to get 'balance' (IE negativity) back on the agenda. It's so obvious people are just looking for cheap entry points. It would have more class if they just admitted it.

Within every investment exist a variety of timescales and opportunities to benefit from progress to suit different types of investor. Anyone suggesting otherwise and trying to put BMN in the category of sock drawer investment is talking nonsense.

EG: an investor who bought into BMN pre Vametco might see 50-60p and an ROI up to 40x their original stake a great journey. They maybe could be out within 12 months depending on market performance. They may also want to see £1-2+ or choose to stay in and wait for dividends.

An investor who bought in at 40p and has been averaging down, might choose to wait a little longer and want to see multiples of their return.

Another investor also might buy in now with a view to being out by year end with a couple of multiples of their original stake.

Even just this morning a very well respected investor, known to many of the BMN holders here, on Twitter has suggested a 60p share price this year for BMN.

And lastly, I imagine Fortune doesn't want to spend the next 5 years convincing IIs to come on board by showing them an SP that has made no progress since late 2018 despite the growth in production, assets, vertical integration, VRFB market etc. Would you?

If this was a black and white journey where one day we wake up and the share price is suddenly £2+ then fair enough but this is and should be an iterative progression with measureable progress all the way through delivery of the business plan. To suggest that investors shouldn't expect real progress with their investments within the delivery of that plan I think is a very overly simplistic way of looking at an investment in Bushveld. I think most people here already have a longer term view of things and I agree calling for share prices over £1 in very short timeframes actually often undermines the information those claims frame. However, simply just pushing out expectations to a 5 year timeline is just out of sync with what is a developing and building story. There will be good entry and exit points throughout the entire journey as there already has been and to just say well it's 3-5 years and people shouldn't think about the share price and the opportunities it presents or whether it is reflective of performance between now and then is just pure fantasy.

It's not new information. Alfa has spoken explicitly about this numerous times.