Bushveld Minerals Share Discussion Threads

[purchaseatthetop] 23/2/2021 15:03

Vauch...it is doing excellently! My average cost is around 14p so the present price is excellent. I am not going to sell and I am going to buy. The price today just gets me more shares.

I am interested in the share price in a years time. Until then it can do what it wants. The price of V rising (which is the ONLY thing I trust about BMN/BE) means that there share IMO is eventually only going one way.

Just because the price of the share is dropping does not mean manipulation. As we all know there are many opaque things about BMN and IMO there are sales of shares from Orion etc going on every time the price rises about 18p. Thats why we rise and fall.

[dontay] 23/2/2021 15:02

In addition to RP, I think it could be this lot that maybe involved in BMN's tender bid consortium. They are named on the published list of preferred bidders for the SA Gov's emergency one.Https://www.acwapower.com

[vauch] 23/2/2021 14:52

Purch, doing well is it not.

[dontay] 23/2/2021 14:35

Abengoa are the project lead. Boots on the groundsEnerox are the VRFB supplier.BMN are the Vanadium / electrolyte supplier.Yep, for an 'in house' mini grid. Nothing else.

[nvhltd] 23/2/2021 14:18

I agree about Enerox building a presence in SA.

[nvhltd] 23/2/2021 14:16

I think you are confusing things slightly with Rongke. I agree that they seem to be the only VRFB manufacturer capable of delivering the number of batteries, but Abengoa I believe are the boots on the ground contractor delivering the project. The minigrid being the perfect example.

Abengoa are the project lead. Boots on the grounds
Enerox are the VRFB supplier.
BMN are the Vanadium / electrolyte supplier

In the minigrid project I can’t see the point of BE unless it’s because of VERL (leasing, but then that includes Invinity).

[vauch] 23/2/2021 13:37

Purch, it is refreshing to think that one investor belies that this is not a manipulated stock.

[dontay] 23/2/2021 13:26

Should have mentioned also that if we win some of the SA emergency bid stuff, there is imo, a good possibility that it would be Enerox who end up supping their CellCube batteries for that one.Me thinks Enerox are earmarked to become BE's longer term battery assembler for the African continent. Possibly ending up next door to the electrolyte plant near the docks over East London way.Gonna be quite a year ahead, imo!

[dontay] 23/2/2021 13:17

:) It's just my opinion. Also bear in mind BMN and RP go back a long way and RP do in fact own BMN's American Eskom trial partners. It all ends up being Chinese state owned in the background! It wouldn't surprise me to learn, that if behind the scenes, BMN has is some Chinese sticky fingers in its pie! Also the SA 2GW project is primarily about renewable generation (with some storage attached) so I would imagine any partnership formed for that bid would be different again ... and would be more likely to be with a renewable energy (solar/wind) type major. The Eskom phase1 projects on the other hand are ALL about storage. That imo is what opens the door to RP ... they are THE experts in the VFRB space.

[purchaseatthetop] 23/2/2021 13:02

cheers dontay....appreciated.

[dontay] 23/2/2021 12:53

Because of the 'historical abilities, size and experience' requirements that were built into the T&C's of the bid applicants. The Spanish mob having the BMN'S mini grid project may have been as seen as an ok appointment, but these large commercial contracts come with what has been described as "very onerous conditions" attached, imo they will have been seen as an entirely different proposition to BMN's own more 'cosy toes in house' project!

[purchaseatthetop] 23/2/2021 12:40

dontay...why would we use Ronkge Power when we use Abengoa for our own storage:

[dontay] 23/2/2021 12:37

BMN's partner in bidding for the major SA and Eskom contracts is almost certain to be Ronkge Power imo (who are of course) a Chinese State backed and owned company. No fear of them going bankrupt! "Dalian Rongke Power Co., Ltd. is a vertically-integrated manufacturer of vanadium flow batteries. Jointly founded by Dalian Bolong Holding Group and Dalian Institute of Chemical Physics - Chinese Academy of Sciences in 2008, the company is located in the Dalian High-Tech Zone in Dalian, China. Rongke Power leads the way in producing key battery materials and providing turn-key energy storage solutions. With a strong intellectual property portfolio, the company has deployed almost 30 energy storage projects in market sectors such as renewable energy integration, microgrids, and isolated power systems."

[purchaseatthetop] 23/2/2021 12:29

nvhltd...the situation with Abengoa has been clear for many months and I am pretty sure that some deal would have been done. Politically and economically IMO BE must be part of the contract in some way. There is no way ESKOM will give the contracts to lithium/foreign interests.

[nvhltd] 23/2/2021 12:12

So I’m wondering if the lack of news from ESKOM can be seen as a positive for BE. If Abengoa were to be our partner in the ESKOM tender there’s no way that those at the heart of bid weren’t aware of the developing situation.

Maybe, just maybe we can take encouragement from the lack of news as a sign that we have been given more time to find an alternative partner.

[purchaseatthetop] 23/2/2021 11:50

vauch....if it is manipulation (which I think not as that is always the excuse for the share not travelling in the way we want it to!) then it is a great chance to continue to buy shares cheaply. A few more days of 3% V price rises will eventually correct the position.

[purchaseatthetop] 23/2/2021 11:42

nvhltd...of course they would be our partners. They went into administration last August and now it is receivership. Deary me.

[vauch] 23/2/2021 11:35

And the manipulation continues

[gah123] 23/2/2021 11:34

Eyes on the prize guys, the long desired increase in vanadium prices is happening right before your eyes. It's not just going up slowly it's really taking off now, everything else is just noise at this stage.

[nvhltd] 23/2/2021 11:31

Oh dear, oh dear. Another project that’s hit the buffers by the look of things. One step forward, two steps back.

Abengoa have gone into administration. That’s going to delay the minigrid and I’d wager that they are our partner with the ESKOM tenders.

Another bad decision by the BoD. No wonder it’s taken so long to install the minigrid. They went into administration in August last year.

[purchaseatthetop] 23/2/2021 06:34

Thanks Parob...I had seen that on LSE and was delighted.

People were wondering if the 13% increase was actually happening. That is nearly 6% on asian metal in the last 2 days. My guess is that the increases will continue for days at this nearly 3% per day and we will sail past 13% and onwards.

Obviously I now fully expect a share price drop as it seems mined product prices are inversely related to share prices for BMN and BMN ONLY!!!!!

One day...one day...the share price will rise and rise, this delay merely enables me to buy more at sub 20p....suits me Sir.

[parob] 23/2/2021 06:00

Courtesy of Setcentric:#Vanadium prices rocket overnight:China: 2.97%Russia: 2.87%Europe & US: 2.78%Brilliant news for #BMN #BushveldMinerals who plan to increase production and reduce costs over the next three years.hTTp://www.asianmetal.com/VanadiumPrice/Vanadium.htmlhTTps://twitter.com/setcentric3/status/1364077781492113411?s=21

[purchaseatthetop] 22/2/2021 15:32

gah123....you should know by now that BMN is not held by the laws of investment gravity.....

[bassguy] 22/2/2021 14:29

Surely recent activity highlights that the markets were never really free in the first place. They work as long as the right people are winning, if that stops being the case suddenly there is all this talk of problems in the system and policy changes a la Robinhood / IG."The proles are winning, close the MARKETS...!"

[gah123] 22/2/2021 12:46

Volume now 9m, looking incredibly strong with Vanadium prices rising daily. Should re-rate to 30p soon per my model.