Member Info for Tyfoon

Cos they’ve got a lot of work to do: https://www.bbc.com/news/science-environment-46347453

I'm also waiting to see the results of the latest review of Round 5 of the South Africa REIPPP which is supposed to be due out this month.

It went thru a 60 day period for public comment which ended in late October where several negative views were raised over the heavy weighting of 8,100MW to gas energy production and the proposed three-year gap in procurement between 2022 and 2024 for solar and wind projects, and is being amended to address these points.

A change to either or both of these procurements could well have a positive effect on the requirements for energy storage over the coming decades and, of course, Bushveld Energy would be ideally placed to take advantage of any increased requirements in this area.

But we could be in for a bit of a delay as the overall situation is rather complex:

https://www.esi-africa.com/south-africas-reippp-round-5-can-we-expect-a-delay/

Extracts:

"Before climbing to the estimated 151,000 tons in 2018, global vanadium output began to pick up in 2017, by 2.1% from a year earlier to 148,000 tons (V2O5), largely because output in Brazil and China rose. Global vanadium output will keep an average annual growth rate of 3.5% or so between 2018 and 2023.

China as the world's largest vanadium producer reported output of 84,000 tons (V2O5) in 2017, 3.3% more than in the previous year, and a 57% share of the global total, which showed Chinese players' more enthusiasm for production. With rising price and demand, China's vanadium output will keep growing in the forthcoming years but at a moderate pace due to the government's environmental campaigns and its ban on the import of vanadium slags. It is predicted that the vanadium output in China will present an AAGR of 3.5%-4.5% from 2018 to 2023, a bit above the global average."

"Accordingly, China will see a soaring demand for vanadium after 2018, with an AAGR of around 10.0%."

"So still a certain gap will remain between supply and demand in the next a few years, showing little sign of price decline."

https://markets.businessinsider.com/news/stocks/global-and-china-vanadium-market-2018-2023-china-as-the-world-s-largest-vanadium-producer-reported-output-of-84k-tons-in-2017-3-3-more-than-in-the-previous-year-and-a-57-share-of-the-global-total-1027752434

All looking very positive for the vanadium market generally and BMN are perfectly placed to take maximum advantage

Apols if this was posted earlier today, I've not had a chance to read all the posts yet, but I thought this BBC news item was particularly relevant to what BE are all about, and the role that they will play in saving the world. Literally.

https://www.bbc.com/news/science-environment-46289829

Yes

Hmmm, who else used to call Alfa 'Alf'?

C...
a...
p...
a...

rides again...

44.5/45.5 on MaM and up 7.78% :-)

Market about to close

HL 45.4/ 44.8p

Result! :-)

Late rally! ;-)

45.00/ 44.55p

Midpoint now 44.75, a good recovery, hope it stays at this level

And...

44.95/ 44.38

Your wish has been granted (at least for now)

Headancer, getting there!

HL 44.5/ 44.38p

HL 44.475/ 44.155p

raffym there are none so blind as those who refuse to see.

Oh well, their loss :-)

HL 45.8/ 45.3

Tree shake or some large delayed sells to come...

Me too

Apols Headancer I thought it was Endion who emailed them. Having worked in various IT depts for almost 20 years I can understand why they may have marked this as a Sev3 fault (Sev1 being critical and Sev4 being cosmetic) hence we may have a bit of a wait for any progress on this.

Join the crowd, me and Endion have already emailed them and got a polite email in reply but that's as far as it's gone sadly

No numpty5 I'm not, and I think that's pretty damn rude of you to say what you did. I also didn't follow the link dryland posted either. I opened the BMN website, hovered over 'Investors', clicked the link to 'Analyst Research' then clicked on the top SP Angels icon which opens a pdf showing target 87p

But I CAN now see what you're saying, now that you've said 'Home page' I can see what you're talking about. But maybe, if you'd mentioned that earlier you might have had a response earlier.

Btw, use your eyes and click on the shadowy envelope on any page on the BMN site and write your own email

I've just checked and it says "Target 87p"

"Business Secretary Greg Clark has backed the draft withdrawal agreement whilst giving a speech on energy policy.

He said the co-operation on energy was an "obvious example" of the value of being in a broad and deep market.

"That's something that should be prized and it's one of the reasons I hope the proposals that have been agreed will be endorsed by Parliament," he said."

Good man, eye on the prize that is renewable energy and storage