Bushveld Minerals Share Discussion Threads

[purchaseatthetop] 16/2/2021 16:58

According to Argus Media while we have been enjoying the Chinese New Year (??) the price of V has been shooting up and has a long way to go.

Therefore the share price obviously falls. One day....maybe one day.....

[coldspring] 16/2/2021 16:24

Plat just means this hasnt hit his buy price yet. Nothing more to it.

[robertspc1] 15/2/2021 15:39

Let's see what happens with these Eskom tenders. Big upside if they get a chunk as will kickstart the Electrolyte plant and increase value of Eneron. If they don't then I think the whole BE side will start to be questioned

[purchaseatthetop] 15/2/2021 11:19

There is IMO a whole year of economic activity stored up, building boom from government spending (based on huge debt), new Green economy demand, and already a structural shortfall of V.
I am expecting a rapid rise on prices.
Might be wrong of course but lets see. Lots of upside, relatively little downside.

[gah123] 15/2/2021 11:10

Prices in China will move ahead of Europe in the coming weeks once we get price updates again. I expect a move to $40 quite quickly due to the Chinese NY.À

[dontay] 15/2/2021 10:42

No doubt there will be an share price reaction at some stage but I think the V prices will need to rise higher still before the share price start to see much benefit. Remember also the monthly shipping lag.Although V sales to China have increased slightly the China V prices have remained relatively undisturbed for quite sometime now at c.$30Although the European prices have recently powered ahead, that's not the market where much of the company's V sales go to.BM's market is still USA based by a long way and their prices have also remained pretty similar to China ... fairly flat. When you look at how abysmal the V prices have been for a very long time and also consider production costs have risen a fair bit ... and no doubt all other company on-costs will have risen quite significantly given the company's activities in the last 12 months .... there is a hell of a lot of ground to be made up.No doubt it will, and all V markets seem to be slowly heading in the right direction, but V prices still have someway to before they impact to any major degree on the share price During the last V 'excitement' prices were up to $150 per kg with an share price up to 50p. We ain't nowhere near those sorts of levels!Have to see what happens after the China holiday, but mainly I'm looking for big rises in the American markets, that's where I believe we need to see the blue touch paper being set alight and that's what will promote the share price take off from the launch pad.

[gah123] 15/2/2021 10:41

It's time to take positions, BMN always moves when least expected. With Vanadium prices now rising quickly it's just a matter of time.

[plat hunter] 15/2/2021 10:34

There's one big problem in that...


Producers will get valued on a forward basis using the forward earnings projections based on an increasing or decreasing metal price, minus production costs (EBITDA). If the company keeps forward spending those leveraged earnings then there isn't any actual earnings accrual.

[vauch] 15/2/2021 10:28

30p would be a miracle IMO

[gah123] 15/2/2021 10:20

30p would be FV right now IMO

[purchaseatthetop] 15/2/2021 09:12

well....i bought some more this morning as the share price MUST start reflecting V prices at some point (cross fingers, eyes, legs etc).

[purchaseatthetop] 14/2/2021 16:55

dontay.....as I have always said, I rely on the natural state of corruption in SA to deliver us some of the contracts plus the political imperative of developing SA resources. The commencement of the electrolyte plant a month ago is a clear signal that it is going ahead IMO.

I am cynical but super-confident.

[dontay] 14/2/2021 16:21

Yep, it's cost $millions, but if they get a slice of the action, which given their close partnership with the SA Gov's owned investment arm seems probable, it'll eventually be worth $billions.

[purchaseatthetop] 14/2/2021 14:48

Agreed plat hunter....at present it is an expensive add on as it costs cash (millions)

[plat hunter] 14/2/2021 14:46

Valued a nil yes, a free ad on...No!

[player one] 14/2/2021 13:00

PATT - agree with NVTLTD that BE is a free add on - valued at nil

BM with increasing vanadium prices is much more interesting for a short term trade ... will be watching closely ..

[purchaseatthetop] 13/2/2021 12:23

Dontay....I think that the process produces large amounts of hydrogen with an iron flow battery. That is clearly a problem with confined spaces and history with airships show that there are risks!!! All these redox flow categories have advantages/disadvantages. The critical element to me is the incredibly long life of the V version. Yes, the initial cost is more but then it is more or less standalone. Each of the others needs continual adjustment to compensate for the chemical problems. The cost of that IMO would be higher and the downtime greater than the V solution.
Anyway....that is from my limited understanding and the proof of the pudding is in the whois actually building as you say!

[dontay] 13/2/2021 12:06

I'm not a scientist but I believe the main drawback with iron is it has sluggish charge/discharge capabilities. There are many such reports of redox flow chemical types continually under R&D. But imo, you only have to look at the huge V battery Dalian City project in China, plus reported plans of them now undertaking even bigger V battery projects, also likes the huge Saudi V project, Korea is also developing a huge V battery industry, these are real live projects that are happening now ... and imo really tells the Vanadium story better than any of the other numerous reports of the latest whizz-bang ideas like this which come out on an almost weekly basis. This report dates back to 2018 ... anyone know if there any plans to install a huge iron flow battery in China?

[farrugia] 13/2/2021 11:19

why are you buying here cordwainer11 - what's the investment case?

Why have directors offloaded shares when they could have retained them if they believed there is a lot of potential here? I don't buy into the tax obligations thing.

[nvhltd] 13/2/2021 11:06

I don’t know if this is a fact, but why can’t iron electrolyte be recycled or reused?

I was also told by Jena that their electrolyte is made from readily available cheap chemicals by their partner BASF. They were so cheap that there is no need to recycle the electrolyte. They just replace it.

We have just got to make hay while we can.

[purchaseatthetop] 13/2/2021 11:03

correct Dontay. All these flow batteries are still at early stages and with issues relating to their component parts but from my (limited) reading what you say is correct.

The "leasing" part also makes the V supplier a "Focal Firm" in the value chain of the customer. That is critical for long term tying of supplier and customer together. Absolutely brilliant for strategic partnerships.

That is where Fortune may have got it right. With electrolyte leasing there is guaranteed V prices at a high level going on for many many year with no peaks and dips.
We will see. nvh has very valid points about wasted resources but maybe Fortune is inspired?

[dontay] 13/2/2021 10:48

Yeah, theres always loads of reports always coming out of many different types of flow techs, so far not one of them has come up to beating all the attributes that V has, but even so, the upcoming storage energy market is going be mind boggling enormous, so plenty of room for all if ever any other flow tech come out that can compete. The one stand out thing that V beats them all on ... it's 100% 'circular' ... and it's that 'green aspect' which puts in it line with 'green sentiment' it not only strips out all future environmental issues by having zero replacement and recycling costs, it's ALSO reusable even after 25+years ... its THAT which makes it 'leasable' and its THAT aspect which is going to give VFRB tech its place in the storage energy market.