Bushveld Minerals Share Discussion Threads

[parob] 21/10/2020 09:14

I think we may see some FAR money move this way too, as many consider this to be a much safer long term bet.All the FAR activity on Twitter has been good at highlighting vanadium and its potential to the wider investment community.

[gah123] 21/10/2020 09:13

Troll troll troll, get a life

[nvhltd] 21/10/2020 09:11

Gah: Which bit is rubbish? Every target and objective has been communicated to the market by RNS and each one missed. You can’t dismiss everything as rubbish when I’m factual correct based on information from the CEO.

[gah123] 21/10/2020 09:10

Volume crazy, going one way.

[gah123] 21/10/2020 09:06

Think we will swiftly move past 15p once the last dregs of GS are sold, which should be within an hr

[parob] 21/10/2020 09:04

One the seller clears (that may already be the case following yesterday's large trades) I don't think it's going to take much to get us through 15p.Perfect storm brewing here.

[parob] 21/10/2020 09:00

Great volume again. 4M traded and it's only 9am.Any remaining GS shares are going to be cleared very quickly.

[nvhltd] 21/10/2020 08:57

Lucakane: I don’t disagree that the electrolyte could be produced elsewhere. Let’s assume they have a solution for that short term problem.

However, based on the ESKOM requirements, the other South African project and Invinity’s requirements (let alone anything Enerox have going on) where is the Vanadium going to come from when you consider the project deadlines and Fortune’s comments regarding the expansion timelines.

I’ve given you the Vanadium content in electrolyte. Do the maths.

If he believes the demand is there and the benefits of VRFB’s will win the argument why has he pushed the expansion plan out by upto 5 years?

[gah123] 21/10/2020 08:50

Looking very strong for a rise back to 25p soon.

[gah123] 21/10/2020 08:49

Ignore the bitter troll guys

[gah123] 21/10/2020 08:38

In any case the plant will be ready at the time the electrolyte is required

[coldspring] 21/10/2020 08:37

Luca, you must not suggest positive or alternative strategy to the troll. For every solution you find there will be another problem raised, its a sad way to live a life but it's his choice. We all need balance but too much one way or the other is not healthy.

[lucakane] 21/10/2020 08:33

Maybe they have already agreed with an electrolyte producer to supply the vanadium to produce enough....and their own plant was just a bonus for some additional electrolyte. Who knows but that would mean they would have had to have planned it all in last 5 years I guess :)Stay safe

[parob] 21/10/2020 08:30

MMs are clearly after shares. They have dropped the bid but it's NT to buy and has been for much of the morning.

[parob] 21/10/2020 08:23

Looks like we're going to be heading to 15p this week.

[nvhltd] 21/10/2020 08:21

Gah: I’m glad you think my posts have such a positive affect on the share price I shall keep it up. Someone’s got to get the SharePrice moving north.

JC: By not being prepared or having the capacity can also see a company go bust. The company have been working towards the ESKOM contracts for 5 years. They have benefited from a spike in the Vanadium price and delay after delay at ESKOM to build up capacity and build the electrolyte plant. The time has come to deliver and the deadlines are tight. You have to be in it to win it. Unfortunately we do not have the capacity or capabilities to deliver.

Instead of throwing money and time at Enerox and Invinity we should have thrown our resources at production increases and the electrolyte plant. After all there are countless VRFB companies to form relationships with in the future.

[jc2706] 21/10/2020 08:16

He's been here for years. There is no such correlation unfortunately.

[gah123] 21/10/2020 08:15

This about to pop, very difficult to buy.

[gah123] 21/10/2020 08:06

Agenda, agenda and agenda. That's what the troll wants, don't fall for it and don't engage with him. Its actually an encouraging sign as it normally means the share price is about to take off!!

[jc2706] 21/10/2020 07:28

Nvhltd,

That is how businesses go bust.

[parob] 21/10/2020 06:08

#VIDEO: @BushveldMin_Ltd, CEO, Fortune Mojapelo discusses the company's recent interim results, latest financing deal along with an insight into the Vanadium and Energy markets. 20-10-21hTTps://webcasting.brrmedia.co.uk/broadcast/5f8d7182c4d0076f2b940ed4

[nvhltd] 20/10/2020 23:00

About 9.89 tonnes of V2O5 is used per MWh of storage.

If Fortune was confident of winning a significant amount of VRFB contracts in the next 2 years he would be expediting the Vanadium expansion and the capacity of the electrolyte plant now.

[nvhltd] 20/10/2020 22:47

Gah: Focus on the electrolyte. Where’s the agenda. There was a new interview today with Fortune. If progress had moved on from the last official position of preparing engineering to construction he could have said it or released an RNS. So no agenda from me. Just trying to see through the smoke and mirrors that Fortune has created.

The plant has not started construction. When it’s built there will be a period of commissioning and training phases. Procedures and processes will need to be developed.

Then once fully operational it can only produce 200MWh of electrolyte PER YEAR!!!!

The first package is 320MWh alone and will be needed by December 2021 at the latest.

Even if we outsource this operation initially the quote below from The Energy Storage Journal confirms how much Vanadium is required to make 1.6MWh of electrolyte.

“By comparison, to make the electrolyte solution for a VRFB about 145 grams of vanadium pentoxide per litre is needed. For a 1.6MWh flow battery that’s equivalent to 15 tonnes”.

Now you do the maths. Where is BMN going to get the Vanadium from to satisfy the projects mentioned when Fortune has said that the expansion to 4,200 mtv at Vametco is going to take 3 to 5 years to implement.