Bushveld Minerals Share Discussion Threads

[coldspring] 20/1/2021 10:48

Quite agree gah but the market can be irrational and annoying at times.

[gah123] 20/1/2021 10:22

Considering

[gah123] 20/1/2021 10:03

Crazy drop from 24p to 20.5p considered 8 consecutive days of rising Vanadium prices. No brainer for 30p in the coming weeks.

[vauch] 20/1/2021 08:19

was the JH float going to happen or has that been put to bed

[purchaseatthetop] 20/1/2021 06:20

I started reading Marvin the Paranoid Androids posts but then realised that life was too short and had a Glenmorangie which was much better.

[purchaseatthetop] 20/1/2021 06:16

Morning all...I will keep this short!



Prices yet again UP. Eighth day in a row. The rule of thumb is that 14 days after the prices rise it begins to be reflected in the share price.

FV50% China +2.15%
FV50% Russia +1.01%
FV80% Rott +1.10%
FV80% Pitts +1.83%(up 17.69% in last 90 days now)
No change in Pentoxide.

All good. Maybe one day this will be reflected in the price.

[mauricegarin1] 19/1/2021 17:49

Oh well with the clowns 🤡 serial posting can only mean one thing, shareprice is about rise and he’s popping himself 😂 by the way Stu I didn’t actually realised you live quite close to the village of bell end - so poetic don’t you 🤔 think

[nvhltd] 19/1/2021 16:47

Good evening JC: No, I’m still invested. There’s plenty of short to medium potential here to make a buck.

The ideal scenario would be a Vanadium price spike like 2018. Everything else is playing out far too slowly.

The ESKOM and other SA tenders could also provide a boost if they can deliver. I’m encouraged by the delay announcing the tender outcome.

As is the norm with BMN it might take outside influences to help us out again.

[jc2706] 19/1/2021 16:39

Well, his fingers have certainly had a workout. I think that the bottom line of his input is that BE is doomed, it will take BMN with it and that he is glad that he sold.

[nvhltd] 19/1/2021 16:18

Classic denial going on now on LSE.

Why would Lockheed Martin tell the world trade secrets about their electrolyte? I’d trust them to deliver any day over Invinity, UET or Enerox.

Developing a flow battery is a walk in the park compared to the complexities of their other products.

A flow battery is simply technology. Take a look at AVL’s home use VRFB.

[vauch] 19/1/2021 16:12

nvhltd19 Jan '21 - 14:13 - 15205 of 15213 (Filtered)

0 0 0
nvhltd19 Jan '21 - 14:23 - 15206 of 15213 (Filtered)

0 0 0
nvhltd19 Jan '21 - 14:23 - 15207 of 15213 (Filtered)

0 0 0
nvhltd19 Jan '21 - 14:37 - 15208 of 15213 (Filtered)

0 0 0
nvhltd19 Jan '21 - 14:39 - 15209 of 15213 (Filtered)

0 0 0
nvhltd19 Jan '21 - 15:02 - 15210 of 15213 (Filtered)

[vauch] 19/1/2021 16:11

nvhltd19 Jan '21 - 14:13 - 15205 of 15213 (Filtered)

0 0 0
nvhltd19 Jan '21 - 14:23 - 15206 of 15213 (Filtered)

0 0 0
nvhltd19 Jan '21 - 14:23 - 15207 of 15213 (Filtered)

0 0 0
nvhltd19 Jan '21 - 14:37 - 15208 of 15213 (Filtered)

0 0 0
nvhltd19 Jan '21 - 14:39 - 15209 of 15213 (Filtered)

0 0 0
nvhltd19 Jan '21 - 15:02 - 15210 of 15213 (Filtered)

[lucakane] 19/1/2021 15:16

Had him on ignore for so long now but can imagine he's banging on about missed deadlines or targets....zzzzGla

[nvhltd] 19/1/2021 15:02

It’s also nice to know Loudspeaker also reads my posts. Unfortunately it’s the same old record about my share ownership.

Bassguy: You are starting to ask the right questions. Everything might come good. Maybe Fortune is working on a master plan that will propel the share price north.

The point is BE has been in existence for 5 years and delivered nothing.

Projects can slip or change. I accept that to a point. What I don’t like or accept is the RNS’s with fanfare announcing something positive, but go silent when things don’t go to plan.

The electrolyte plant was due online in 2019. That’s what they told us. Since then we have heard nothing on this missed target except to blame Covid. There’s has been no news and no official new target date other than what has been discovered from various bidding websites. Why is this?

Why are we left to second guess when this vital plant comes online? Is it July 2022 or is it longer?

How do we suffer from this delay in relation to opportunities opening up in SA now?

This is an example of their poor communication and execution.

We all hope they have things in hand, but the reality is that they can‘t just ‘switch on’ production increases, produce electrolyte from a non existent plant or manufacturer VRFB’s In South Africa.

Those are the facts so even if we do win contracts we are not going to benefit along the value chain ad Mikhail suggested. Well not for 3 to 5 years. Then guess what? Lockheed, Jena and other cheaper flow battery technologies will be biting at our heels.

[nvhltd] 19/1/2021 14:39

Note: Their test was going “swimmingly and as planned”. Now remind me how our test with ESKOM went?

[nvhltd] 19/1/2021 14:23

From Lockheed in November. Note the size of their production facility. Our only hope is South Africa.

Lockheed Martin said on Monday that it is closer to powering clean energy after installing the first commercial product variant of GridStar Flow, its innovative long-duration energy storage technology.

GridStar Flow Serial Number One (S/N01) was built at Lockheed Martin’s new 95,000 square foot facility Andover, Massachusetts where it will undergo extensive testing. The company said it is an internal asset that will be used to test the energy storage system’s ability to meet customers’ needs for customer-sited, long-duration, large-capacity energy storage systems.

S/N01 is a 2.5-MWh system, projected to discharge at full nominal power (500 kWAC) for five hours or up to 10 hours at half discharge power. Prior to S/N01, Lockheed Martin installed and operated two precommercial GridStar Flow prototypes. Key learnings from those systems were incorporated into the final S/N01 design, which will form the basis for commercial systems for customer-sited projects.

GridStar Flow is a redox flow battery based on the principles of coordination chemistry. This new electrochemistry consists of engineered electrolytes made from earth-abundant materials that enable GridStar Flow to deliver durability, flexibility and safety, said the company.

The system is designed for more than six hours of flexible discharge and is estimated to achieve 100% depth-of-discharge with minimal degradation for a design life of 20 years. These attributes would enable GridStar Flow to manage variability for extended periods, capture value across a wide range of time horizons and applications, including renewable energy integration, and evolve with market needs.

“S/N01 demonstrates GridStar Flow’s unique chemistry and architecture in a commercial system for the first time,” said Tom Jarvi, GridStar Flow program director. “This installation marks an important milestone for the program and the initiation of a rigorous test campaign to demonstrate GridStar Flow’s performance, reliability and maintainability for use cases including the effective deployment of clean, renewable energy.”

“The commissioning of S/N01 is a huge leap forward in the development and commercialization of GridStar Flow,” program chief engineer Mike Bufano said. “Each member of the program team contributed to this milestone, and it’s a testament to their dedication, resilience and creativity. With this installation in place, we are one step closer to creating a cleaner, more sustainable future.”

S/N01 is the first GridStar Flow product instance before early customer installations

[nvhltd] 19/1/2021 14:23

From Lockheed in November. Note the size of their production facility. Our only hope is South Africa.

Lockheed Martin said on Monday that it is closer to powering clean energy after installing the first commercial product variant of GridStar Flow, its innovative long-duration energy storage technology.

GridStar Flow Serial Number One (S/N01) was built at Lockheed Martin’s new 95,000 square foot facility Andover, Massachusetts where it will undergo extensive testing. The company said it is an internal asset that will be used to test the energy storage system’s ability to meet customers’ needs for customer-sited, long-duration, large-capacity energy storage systems.

S/N01 is a 2.5-MWh system, projected to discharge at full nominal power (500 kWAC) for five hours or up to 10 hours at half discharge power. Prior to S/N01, Lockheed Martin installed and operated two precommercial GridStar Flow prototypes. Key learnings from those systems were incorporated into the final S/N01 design, which will form the basis for commercial systems for customer-sited projects.

GridStar Flow is a redox flow battery based on the principles of coordination chemistry. This new electrochemistry consists of engineered electrolytes made from earth-abundant materials that enable GridStar Flow to deliver durability, flexibility and safety, said the company.

The system is designed for more than six hours of flexible discharge and is estimated to achieve 100% depth-of-discharge with minimal degradation for a design life of 20 years. These attributes would enable GridStar Flow to manage variability for extended periods, capture value across a wide range of time horizons and applications, including renewable energy integration, and evolve with market needs.

“S/N01 demonstrates GridStar Flow’s unique chemistry and architecture in a commercial system for the first time,” said Tom Jarvi, GridStar Flow program director. “This installation marks an important milestone for the program and the initiation of a rigorous test campaign to demonstrate GridStar Flow’s performance, reliability and maintainability for use cases including the effective deployment of clean, renewable energy.”

“The commissioning of S/N01 is a huge leap forward in the development and commercialization of GridStar Flow,” program chief engineer Mike Bufano said. “Each member of the program team contributed to this milestone, and it’s a testament to their dedication, resilience and creativity. With this installation in place, we are one step closer to creating a cleaner, more sustainable future.”

S/N01 is the first GridStar Flow product instance before early customer installations

[nvhltd] 19/1/2021 14:13

Alfa: Appreciate the shout out re Lockheed. Good to know you are reading my posts.

So you’ve heard from a third party that Lockheed won’t have a flow battery ready for a further 2 years. Well based on the fact that we haven’t sold diddly in 5 years I don’t think 2 years will be an issue for them. I noticed you or the conference speakers didn’t say that the Lockheed flow battery was a dead duck.

So with their resources I don’t think it’s a problem for them. The problem is ours. Based on what you said and I said we (BMN / BE) have a small window of opportunity to exploit and sell batteries before cheaper technologies come on stream.

Based on our past performance 2 years is very little time to exploit our advantage.

[dontay] 19/1/2021 13:46

Concessional funding will:? Enable selected sub-projects to obtain financing with terms not currently available on the market, but necessary for them to move forward;? Allow IFC and other commercial investors to provide financing to sub-projects, reaching financial closure;? Set a precedent of successful projects;? Directly enable the construction of a series of transformative utility-scale battery storage plantsand indirectly stimulate the RE sector in countries where little to no RE capacity has beenfinanced by private sector to date and where it may not yet be competitive;? Encourage private sector participation in dispatchable utility-scale battery storage projects inSouth Africa, which can be replicated in other emerging markets. 2.9 Mitigation of Market Distortions and Application of DFI Enhanced Principles of Blended Concessional FinanceThe proposed Program will not distort the market, since it will not be displacing any private sector investment, but rather will support such investment. The Program represents an important opportunity to innovate, since it will leverage and enable financing to enter the nascent energy storage market in South Africa. Concessional finance will be directed towards addressing first-mover costs experienced by project developers who seek to provide new and evolving energy storage solutions, given the high cost of battery storage technology. The sub-projects will represent first-of-its-kind energy storage investments in South Africa, so initial market distortions cannot be foreseen or measured. After the initial investments, and as the markets mature and become better understood by financiers and developers, it is expected that commercial financing will flow, reducing the need for concessional funding.

[nvhltd] 19/1/2021 12:54

I note with interest some posters on LSE expressing their frustration with the lack of news from the company. As usual any decent is swiftly dealt with by way of condescending replies suggesting anyone voicing their concerns must be a trader. Really? Either way does it matter, but the issues they raise are genuinely concerning.

I sent an email to Chika and Mikhail over Xmas venting my frustration with their targets and objectives that are delayed or changed without explanation. I received a reply on Jan 5th the contents of which was rather frustrating and annoying insofar as she basically told me what I already knew. She didn’t answer the central issues.

I asked why they haven’t achieved 5,000 mtv by 2020? Why they didn’t explain their rationale for taking a further 3 to 5 years to achieve what we should be producing now. Here’s the reply.

“In relation to your question around Vametco’s production, please note that in September 2017, Bushveld Minerals commenced an expansion initiative to increase Vametco’s production capacity from approximately 2,600 mtVp.a. to a production nameplate capacity of 5,000 mtVp.a. The first two phases of the expansion, designed to increase production capacity to 3,750 mtVp.a. were completed in June 2018. However, plant performance did not meet expectations from the expansion plans. A review conducted at the end of 2018 highlighted several operational shortcomings, which the company addressed in 2019. The third phase of our expansion project will increase the production nameplate capacity to 5,000 mtV per annum, which we expect to generate a steady state production in excess of 4,200 mtV (more than 80% of nameplate capacity). This information was communicated to the market and can be found in the Q4 2018 operational update and 2018 annual report. We have extensively communicated that as a Group, we are targeting a production of more than 8,400 mtV”.

[texaschaser] 19/1/2021 11:53

pump over. timberrrrr

[dontay] 19/1/2021 11:48

Htpps://pubdocs.worldbank.org/en/708001608131403597/14526-South-Africa-RE-Grid-Integration-Program-Public-Final-Project-Document.pdf