Bushveld Minerals Share Discussion Threads

[parob] 18/12/2020 15:41

Full offer of 15.25p for just 100 shares! Just did a dummy buy.Hopefully more tick ups before the close.

[markoldroyd99] 18/12/2020 15:37

Lets see if it holds above 15p - bodes well for next week if it does

[parob] 18/12/2020 15:22

Could get a late afternoon surge!

[nvhltd] 18/12/2020 15:04

When the plant finally opens in July 2022 they are going to get it from Vametco. This will be diverted away from existing steel customers because phase 3 expansion isn’t due for another 3 to 5 years.

Now if Fortune was so confident for the demand for electrolyte and VRFB’s why aren’t we gearing up to supply these NEW and additional customers? Why is the electrolyte plant delayed so much. It was originally due online in 2019.

His actions are at odds to the narrative. He has either failed to deliver or isn’t confident about demand.

He also said the third party inherited ore at Vamchem will run out in H1, but as usual it’s all smoke and mirrors with Fortune. Does the ore run out in two weeks time or June 30th 2021? At which point cost of production at Vanchem will go up significantly. Not only will there be additional transport cost, but Vanchem will need to buy ore to process.

[lucakane] 18/12/2020 14:46

Also failed to mention who is the partner in the electrolyte factory....Ive had to add him to ignore list a long with his alter ego...GL

[jc2706] 18/12/2020 14:15

I'm intrigued Zwift by where you think BE are going to source the Vanadium from for the electrolyte plant?

[zwift] 18/12/2020 13:57

Purch

The Vaccine news will be welcomed in the USA, unfortunately for the people
of South Africa it is going to be well over a year before their vaccine arrives

In the mean time South Africa is well into a second wave with over 10k
daily cases and rising fast, lets hope we don’t have another lock down,
it would disastrous for BMN.

ATB Zwift

[purchaseatthetop] 18/12/2020 13:21

another vaccine approved in USA. good news

[purchaseatthetop] 18/12/2020 13:21

also in australia:

hxxps://www.abc.net.au/news/2020-12-14/australian-renewable-energy-agency-vanadium-flow-battery-sa/12979270

December 14, 2020

Happening everywhere.
Just bought more at 14.92p.

[parob] 18/12/2020 13:06

Vanadium redox flow battery goes online in SpainDECEMBER 17, 2020hTTps://www.pv-magazine.com/2020/12/17/vanadium-redox-flow-battery-goes-online-in-spain/

[zwift] 18/12/2020 13:03

Ive been looking through recent RNSs and managed find to some
Company ownership % details As Follows

Bushveld Minerals owns 86% of Bushveld Energy

Bushveld Energy Own 55% Bushveld Electrolyte ( Belco )

What I’ve been saying all along is that the electrolyte plant
is not going to be the holy grail some think it is.
If you look, the % BMN get less than half of the electrolyte
sales

ATB Zwift

[parob] 18/12/2020 12:31

Quite a few large sellers were cleared earlier at 15p on those two attempts at going through. 2 x 200K sales around 9.30am and a few other large sales a little later. They can only sell once! Should make the next attempt that bit easier.6M traded and it's only 12.30pm. Not bad at all for a Friday.Should be fun next week.

[gerd212] 18/12/2020 12:04

Voltstorage and Schmid - Germany

Visblue - Denmark

[vauch] 18/12/2020 11:48

Still looking for a V home storage unit as I don't want my home burnt down.

[purchaseatthetop] 18/12/2020 11:19

agree parob 100% - 2021 and 2022 are going to be extraordinary. Add in the technological quantum leap of energy storage (for the first time) and we are looking at a whole new industry (one of Schumpters Waves of Creative Destruction). BMN and mines like IRON could be worth many times their present value in five years. We may look and giggle at 15p by the end of 2022. Nice to be in at the beginning of the change.

[coldspring] 18/12/2020 09:50

To clarify I do hope you are right parob. I am long here. Thanks for your recent posts btw.

[parob] 18/12/2020 09:49

Excellent post earlier by Sanchez599 on lseNext week is looking like we are going to see more vanadium products hitting 180 day price rises, but have a look at Vanadium Pentoxide in China, it's at a 360 day high, by 4.5%. VRFB is at least in part, finally driving this move. This is the structural change that many of us have been waiting a long time to see. The difference between this and historic rises is that this one isn't being driven by Glencore, it is being driven by the Chinese and climate change. It's remarkable to see a market that hasn't changed much for years, evolve like this. Just wait till you add a furious global rebuilding programme post-covid into the mix. Next year and 2022 is looking good, with Covid vaccines coming thick and fast. If you are selling at 14p, well, good luck with that. Momentum is going to hit like a train at some point soon.

[plat hunter] 18/12/2020 09:07

I'm watching keenly

[parob] 18/12/2020 09:02

But this time we've had a gradual move up so it should be easier to push through steadily.Many traders will be waiting for a close above 15p before buying in, then it's easy to see on the chart where this could head pretty quickly. Increasing V prices will help with the journey! Can only see price increases accelerating over the next few months.Mentioned before another holding of mine EQT was held in a trading range for the months, then it broke out. Now look!

[coldspring] 18/12/2020 08:52

It is a big hurdle, been rejected four or so times in recent memory

[parob] 18/12/2020 07:10

Thanks purchaseatthetop.I've made the link clickable.hTTps://voltstorage.com/en/energy-storage-made-in-germany/

[purchaseatthetop] 18/12/2020 06:59

Thanks Parob.....it was a good article.
This is another really good sign. Residential storage units from Germany:
hxxps://voltstorage.com/en/energy-storage-made-in-germany/
I am sure you know about it but maybe somebody does not. If vanadium moves to the green residential market then it goes ballistic

[parob] 18/12/2020 06:42

Here's the Forbes article for anyone who hasn't seen it.Forbes MagazineWhy Vanadium Flow Batteries May Be The Future Of Utility-Scale Energy StorageOct 24, 2020hTTps://www.forbes.com/sites/rrapier/2020/10/24/why-vanadium-flow-batteries-may-be-the-future-of-utility-scale-energy-storage/

[parob] 18/12/2020 06:39

First time I've seen 2%+ daily gains for a while!Price increases are really gaining momentum now. Vanadium Pentoxide Flake 98% China up 7.41% in 30 days!hTTp://www.asianmetal.com/VanadiumPrice/Vanadium.htmlSurely we are looking at a push through 15p very soon. If not today then next week.