Member Info for Serenus

LS, blimey, that must have been fustrating. The more I think about it, the luckier I was to get the shares I wanted at the time. I guess for an average PI like myself, it's about timing and persistence.

After looking at the market size on the fundamentals tab, it's a lot clearer now.

BMN = 30,000
Fevertree = 500
ASOS = 300

I feel like I made a tit of myself, but I've learned something new. Forewarned is forearmed and good to know how much you may need to put aside for trade fees, e.g. if you need to buy in tranches (depending on volume of shares you wish to purchase).

Thanks for the help everyone ;-)

Cheers dryland, I'll have a look at that tab.

I never encountered NT with FTSE 100 shares, so it surprised me when that happened when I started investing in BMN.

Thanks Alfa

Of course it's £30k. I had another brain fart when it comes to numbers. If it was 30,000 shares, it would be a huge trade, e.g. if trading ASOS or Fevertree.

Thanks SOTTR and Roscon.

Ros - that's helpful to know. To clarify, do you mean £30k or 30,000 shares?

faramog, I wouldn't rejoice too soon. Your good lady may have her eye on a £10k sewing machine ;-)

Has there ever been a time in the past when PIs were unable to buy shares at all? i.e. There weren't any available.

When I first invested back in September, the amount I wanted was a NT on the first few attempts. I was offered a fill order, but declined as there was a wide spread and I thought they would take advantage. I was fortunate as the next day there was a little dip in the price. I tried again but bought in tranches and got the amount of wanted. I think that's because it was during the rise to 30p and there were sellers top slicing etc.

Tweet by Chris Yelland: "Interesting: In the 2019 #ANCManifesto, the word "nuclear" is not mentioned at all, the word "Eskom" appears once, "coal" twice, and "renewable" energy/electricity 13 times, with a whole section dedicated to renewable energy on page 22 & 23" https://twitter.com/chrisyelland/status/1084313107374243840?s=19

For those not on twitter, here is a link to the ANC manifesto (pdf) - http://bit.ly/2D5i5ax

The difference VRFBs can make, not only in powering industrial grid size storage, e.g. the Eskom project, but also microgrids and mini-grids across Africa is huge. VRFBs are more stable than lithium-ion batteries, and South Africa has an abundance of vanadium.

Bushveld Vanadium and Bushveld Energy are ideally placed to support a reliable electricity supply through the mining of V and the production of electrolyte. This in turn will help drive the economy through job creation, see link below to short video of mini-grid benefits in Ghana.

I don't pretend to be a numbers person, but I understand the basics of supply and demand. I also wish to see renewable energy solutions and VRFBs take off. That's why I invested in BMN and continue to hold.

https://m.youtube.com/watch?v=9vFlDh3var0&feature=youtu.be

sontam67, I can only speak for myself and am neither 'well known or informative' :)

I bought a few recently as I think the demand for tin is going to go through the roof because of the electric vehicle market. If I had some spare cash to invest tomorrow, I'd put the majority in BMN and the rest in ATM.

The ATM share chat BB would probably give you a more definitive reply. It has some familiar Bushy posters on there plus commodity investors. It's a quiet board compared to this one, but recent posts (last few weeks) have included links as to the future demand for tin.

MC1968, welcome to you and other newbies. In addition to the helpful links that RichKen posted earlier in this thread, Vanitec is a good website to bookmark or Twitter feed to follow.

"Vanitec brings together representatives of companies and organisations involved in the mining, processing, manufacture, research and use of vanadium and vanadium-containing products. The objective of Vanitec is to promote the use of vanadium bearing materials, and thereby to increase the consumption of vanadium." http://vanitec.org

'Using Vanadium' is a good page to start on the website. It demonstrates why there is such demand for it. http://vanitec.org/vanadium/using-vanadium

GLA

Bushveld Energy is in partnership with UET at present for the Eskom project. However, I envisage and would hope that BE will be supplying electrolyte to other VRFB players. I want them all to do well (including Redt). The more that do, the more renewable energy projects / deployments. That means more reliable electricity or a new supply for those that currently don't have it, especially in developing countries across the African continent and worldwide. It's a win win for electrolyte producers, VRFB manufacturers and renewable energy storage.

Averaged down to 0p a share, that's phenomenal ;)

Thanks for the quick reply Alfa

For Mikhail :)

Will Bushveld Energy design, use their own electrolyte production equipment, i.e. to extract the electrolyte from the vanadium?

Or will they buy, lease equipment from another supplier, e.g. C-Tech Innovation https://www.ctechinnovation.com/chemical-processing/vanadium-electrolyte-production/

BE is in partnership with UET for the Eskom VRFB project, but I can't recall reading anything on electrolyte production equipment.

Ha! SloppyG is in da house.

A vanadium rap.... "symbol is V, atomic 23" ....catchy!

Would love to hear Fresh Prince and Jazzy Jeff perform that one. My era ;)

@BasilBush - I agree that as an investor it's prudent to research potential competitors. My primary reason for investing in BMN is Bushveld Energy and VRFBs. However, being a layman like your good self, when researching energy storage batteries I've come across other technology in online articles.

I haven't found any further news on the Lockheed Martin or ESS flow batteries, but you may find the link below helpful. It's to an article that includes a TED talk (the top video) on a liquid metal flow battery using molten salt electrolyte. It has been developed by Prof. Donald Sadoway and his students at MIT. It will be manufactured by their company Ambri which has Bill Gates amongst its investors. I think there's room for alternate energy storage technology, innovation is inevitable.

The TED talk explains the battery chemistry as magnesium (Mg), salt electrolyte and Antimony (Sb).

https://deepresource.wordpress.com/2018/11/22/donald-sadoway-on-liquid-metal-batteries/

'To further enhance the sustainability of the project, the ground beneath the five acre array will be seeded with pollinator plants in early 2019. These native plants will support bee and butterfly populations.'

Solar power, VRFBs and supporting the bees and butterflies, love it! :)

'Next Generation Technology. The cutting edge facility incorporates both single-axis tracking and vanadium-flow battery energy storage. Designed by Ideal Energy, Inc., it is the first system of its kind in the Midwest and among the most technologically advanced solar installations in the United States.'

https://www.prnewswire.com/news-releases/iowas-first-solar-and-storage-power-plant-goes-live-at-the-maharishi-university-of-management-300774013.html

BBN, thanks as always for your insightful and helpful posts.