Bushveld Minerals Share Discussion Threads

[jc2706] 20/10/2020 20:12

Capablanca64, I confess I found it rather funny. I realised that I find it very difficult to take anything he writes very seriously. The VRFB delay is unfortunate but anyone who has worked in technology start ups will know how difficult it is so hardly a great shock. It is not enough to see success of the technology in China as that is a somewhat unique market. Which makes the likes of the SA initiative important in the process although there are other opportunities starting to appear.

[lucakane] 20/10/2020 19:48

Not sure you'd be happy at 48p per share if with your 6/7 million!Maybe your just not cut out for investing :)GL to everyoneStay safe (and happy)

[gah123] 20/10/2020 19:30

I'm not going to argue with you as you clearly have an agenda. The plant will be ready full stop, nothing you write can change that.

[coldspring] 20/10/2020 19:21

Haha it's now "never very happy" limited.Absolute charlatan troll, claims to be long but only ever bash's the share and the companies prospects.

[nvhltd] 20/10/2020 19:02

Gah: rubbish. The plant hasn’t started being built yet. It’s going to take 12 months at least. So from about this time next year they will start to produce electrolyte. The capacity is 200MWh PER ANNUM. So they will basically be able to produce 16.66MWh of electrolyte per month once built. The first package is 320MWh and is needed by Dec 31st 2021 at the latest. So people are getting excited about the ESKOM BESS, the 2,000MW project and Invinity’s interest in California, but Fortune is only building a 200MWh electrolyte plant instead of the 800MWh initially and plans to take 5 years to get to 4,200MTV production. Based on those targets it doesn’t seem he is too optimistic about needing the vanadium or electrolyte anytime soon.

[gah123] 20/10/2020 18:43

Stop spreading false information. The electrolyte plant will be ready before the electrolyte is required. Don't forget the project completion date will be more than 9 months after the award of the Tenders. The initial plant capacity can be upgraded quite quickly once up and running.

[nvhltd] 20/10/2020 18:27

I’m expecting BE to win most if not all the tenders now being released in South Africa especially after positioning ourselves for these for the past 5 years. Where the electrolyte will come from though is another question. Our electrolyte plant isn’t built and the initial capacity is only 200MWh. Then there’s the 3 to 5 years it’s going to take to produce 4,200 mtv at Vametco. With BNN’s 100% failure record to hit any target I’m edging towards the 5 years. Just remember Fortune told us we would be producing 5,000 mtv this year. Keep saying that to yourself. 5 years late and only 4,200 mtv. Not 5,000mtv. Five (5) years later than we were told. That contradicts his bullishness with respect to VRFB adoption.

[parob] 20/10/2020 17:27

JMC69 post on lse:I've been keeping a daily log of what I think could be GS sells since the 1st Sept, only including sells of 200k+ and only round numbers. See my post of 1st Oct.Up until half an hour ago my (conservative and involving plenty of assumptions) guesstimate was that they were down to around 3.6m remaining. Now take away another 2.5m...Entirely speculative of course....There was also a 500K and 575K trade during the day which JMC69 doesn't seem to have included in the 2.5M

[capablanca64] 20/10/2020 17:26

Agreed but the pathetic progress in the battery technology space which if you recall was supposed to act as a hedge against lower vanadium prices. JC I thought NVHLTD was a bit harsh towards you yesterday but upon reflection........

[parob] 20/10/2020 17:13

Buying volume is helping to clear any remaining shares.Imagine the price action once the seller is fully out. Got to be very close now.

[coldspring] 20/10/2020 17:07

Huge delayed trades now printed.

[gah123] 20/10/2020 16:00

We've only handful of 20m volume days since it was 40-50p so bodes well for the rest of the week and beyond.

[jc2706] 20/10/2020 15:49

Well, I'm not sure that Fortune was entirely responsible for the global collapse in the Vanadium price.

[coldspring] 20/10/2020 15:44

2 consecutive days of near 20million volume should spell the end of the seller. Looking back that volume is quite rare.

[capablanca64] 20/10/2020 15:08

Yes let's reward them for a 73% fall in shareholder value - well done Fortune.

[nvhltd] 20/10/2020 13:51

Hi Knuttie: They won’t be getting any presents from me. The way people are posting you’d think we had broken 48p and not 13p.

[gah123] 20/10/2020 13:31

Expecting a strong close well above 14p, massive pick up in volume again

[plat hunter] 20/10/2020 13:18

Exactly... one day out though makes it all the more bitter.Just watching and waiting again noe

[lucakane] 20/10/2020 13:13

Can't win them all eh! No doubt it will settle into a little trading range you can take advantage of.GLA

[knuttie] 20/10/2020 12:50

Where is NVH? Has he gone to buy the BoD a present?

[gah123] 20/10/2020 12:43

We've been rising despite circa 10m of sells over the past two days. When they disappear we will rocket.

[parob] 20/10/2020 12:37

If GS still have some dregs left to sell (eg that 500K that has just showed up from earlier) and we've been rising strongly for 3 days, imagine the effect it will have once they're fully out.

[gah123] 20/10/2020 12:31

Looking incredibly strong. I think GS summit will be out today and will rocket past the 15p resistance soon.

[plat hunter] 20/10/2020 12:22

Not a lot of them

[vauch] 20/10/2020 12:21

Why are all the 14p shares on tiny amounts?