Bushveld Minerals Share Discussion Threads

[dontay] 28/1/2021 11:06

Agree nothing is priced in. Quite so, and that is why the rise will indeed be spectacular.Imo, it'll make no difference if the news is 'bad' tho. Panic will still result in a massive short term 'oversold' effect. That's what the shorts will be hoping to make money from.

[jc2706] 28/1/2021 11:04

GameStop may initially have been about taking advantage of an over leveraged short position to make money but has since moved into the realms of anti establishment iconoclasm. The most amusing thing has been the bleating of members of that establishment when they are on the receiving end of a system that they created.

But for those seeking to make money from the situation they had better be fleet of foot because it is likely to come crashing down very quickly with no market to sell into. When that will be, who knows? I thought that yesterday probably marked the top but I note that it is up 40% in pre-trading.

[gah123] 28/1/2021 10:55

Personally I don't think anything is priced in for Eskom tenders. BMN haven't even announced they have bidded. The current price is still below NBV and the recent rise in the Vanadium price hasn't been priced in along with increasing production. If we win the tender we will re-rate to 50p very quickly IMO.

[dontay] 28/1/2021 10:45

BMN has to seen as a good bet for a short play for those who like a gamble.If BMN don't happen to get anything out of the tenders (and there is no guarantee whatsoever ever that they will) it would not only put back the plan for having a local battery assembly facility, but could also put back the plan for handing over the ELZ land to the contractors next month!On bad news like that, there would be rush for the exits, it would get well oversold in the near term and the share price would nose dive. It'd eventually recover to somewhere around the current level again, simply because the rising V price effect would kick in. But the next month could go either way. If they get what they want then the twin effects of contracts won and a rising V price should prove to be equally spectacular!Bet on the red, or bet on the black?

[nvhltd] 28/1/2021 10:30

Now’s the time to short GameStop if that floats your boat. Despite the attack on shorters by the Reddit platform the business is still effectively dead like many of the others they are chasing. The inflated share price is built on sand.

Like always it will be the late to the party small investors that will lose out. The major shorters will close their losing positions and reopen them at an even higher inflated share price to make more because the business itself is still a dead duck.

[nvhltd] 28/1/2021 10:22

This is and always has been about the Vanadium price (external factors) and BMN management (failing to deliver).

They have one more role of the dice with the ESKOM tenders before this falls into the long term hype story.

When all the rampers jump up and down on the news of a single sale of a VRFB in Australia or they can list a dozen trials and projects around the world, but mainly in China after all these year and when the Vanadium price has been on the floor for 2 years then you have to start wondering where it’s all gone so badly wrong.

[capablanca64] 28/1/2021 10:12

Dear on dear when will they learn :)

[nvhltd] 28/1/2021 09:32

We must have a tame seller or we’re being shorted. Let’s do a ‘Reddit’ and burn those nasty pasty shorters.

[nvhltd] 28/1/2021 09:26

And what is the monetary value to BMN / BE of those 2 projects, bearing in mind we can’t produce electrolyte and could sell the Vanadium to the steel market?

The VRFB in Australia is 8MWh. A bit far fetched to claim it’s the worlds biggest VRFB.

[jc2706] 28/1/2021 09:19

Déjà vu on the price action. Identical to yesterday and very reminiscent of times when we have had large sellers active.

[plat hunter] 28/1/2021 09:15

50 day MA 16.75

[purchaseatthetop] 28/1/2021 06:36

It appears we are making no progress......NOT!!!!!

Worlds largest redox flow battery:


Delivered by Invinity/BMN special purpose vehicle:


As Chairman Mao said...every Long Walk starts with one step.

[capablanca64] 27/1/2021 20:38

THLTL are you a glass-half-full character..... Brace yourself for a dismal trading update with a litany of excuses as to why production targets were not met and key milestones were missed in the VFRB space.

[truthhurtslessthan losses] 27/1/2021 20:15

By my reckoning results are due anytime now has anyone any thoughts on what the will show?

I'm assuming they will show quite a loss this year without running the numbers as things seem to have worsened since a year ago I'm terms of the V price (or certainly my the average V price across the preceding 12 months anyhow).

It's hard to say how that will impact on the share price though. I would hazard a guess that a loss would be far less of a shock this year than it was last year where what seemed like the bulk of the investor base was expecting a profit still and if my memory is correct we finished marginally up on results day last year around.

That being said lots of investors get caught up in the speel they put up top to distract us from the real numbers.

The V Price has recovered and the share price following its fall back seems closer to the value attrition you would expect following the price of a commodity lifting marginally above the business's breakeven point so I'm tempted to predict a small gain once the bad news is out of the way.

What's everyone elses thoughts?

[capablanca64] 27/1/2021 18:54

At your peril

[jc2706] 27/1/2021 18:19

"Ignore him/her"

purchaseatthetop,

I think most people have done so for the last few years.

[capablanca64] 27/1/2021 17:27

Death by a thousand cuts - heading back to single figures imho

[nvhltd] 27/1/2021 16:01

Some interesting developments going on though. I actually see these other technological advancements as being very positive so not all doom and gloom.

[mogwhy] 27/1/2021 15:52

Some useful intel came out of the Vanitec ESM about current and proposed VRFB projects in China. The updated list includes 3 more projects under construction in Dalian and a new 200 MWh project for VRB Energy.

Utility scale planned VRFB projects (4.5 tonnes of V per MWh)

1,000 MWh------- China - Jiangsu TianWan nuclear station (4,500 tonnes)
1,000 MWh------- China - Jiangsu offshore wind integration (4,500 tonnes)
---800 MWh------ China - Shijiazhuang (3,600 tonnes)
---500 MWh------ China - Hubei Zaoyang Ph 2 (VRB Energy) (2,250 tonnes)
---400 MWh------ China - Dalian (Rongke/UET) stage 2 (1,800 tonnes)
---400 MWh------ China - Yancheng (Shanghai Electric Group) (1,800 tonnes)
---400 MWh------ China - Wuhan (1,800 tonnes)
---320 MWh------ Eskom BESS phase 2 (1,440 tonnes max)
---300 MWh------ Australia - Pangea, Port Augusta (CellCube) (1,350 tonnes)
---200 MWh------ China - VRB Energy project TBA Q1 2021 (900 tonnes)
---180 MWh------Bushveld Minerals self generation project (810 tonnes)
---166 MWh------ Eskom BESS phase 1 package 2 (50%) (747 tonnes max)
---160 MWh------ Eskom BESS phase 1 package 1 (50%) (720 tonnes max)
-----82 MWh------ Eskom BESS phase 1 package 3 (50%) (369 tonnes max)
-----60 MWh------ China - Hongyanhe, Dalian (Rongke) (270 tonnes)
-----51 MWh------Japan - Abira Town Hokkaido (Sumitomo Elec) (230 tonnes)
-----40 MWh------ China - Tuoshan, Dalian (Rongke) (180 tonnes)
-----40 MWh------ China - Lejia, Dalian (Rongke) (180 tonnes)
-----40 MWh------ China - Wafangdian Zhenhai W/farm (Rongke) (180 tonnes)
-------?--------------China - VRB Energy / Hanloon Energy power station

One off total of 27,626 tonnes of vanadium required
Global vanadium production in 2019 - 111,225 tonnes

[purchaseatthetop] 27/1/2021 15:16

Marvin the Paranoid Android announces imminent approach of doom.
*shock horror*

[gah123] 27/1/2021 15:08

This week in the Bushveld...- 500mw of new storage procurement planned for September- Covid cases in SA have now fallen c75% from the recent peak.- Vanadium prices in the US and EU have risen to close the gap on Chinese prices- Vanitec are predicting a 5000mtv supply deficit for this year- VRFB procurement is now ahead of Roskills conservative analysis.- The share price is down 23 % from recent highs.-Vanadium prices expected to accelerate further with Chinese new year

[nvhltd] 27/1/2021 14:47

The window is closing on VRFB’s already.