Bushveld Minerals Share Discussion Threads

[jc2706] 01/3/2021 07:08

Interestingly, the Rand/USD rate is about the same as March last year, although the time since saw a sharp drop in the Rand followed by a steady strengthening.

[jc2706] 01/3/2021 07:02

The Vanadium price in GBP is completely irrelevant. The only point at which GBP is involved is in translation of profits into GBP. If the SA Rand rises against the USD then, yes, that makes a big difference as costs relatively rise.

Sorry for responding to an erroneous post from some time ago but I have only just read it.

[purchaseatthetop] 01/3/2021 06:27

Green across the board. 6 days of rises in a row.

FV 50% China +2.65%
FV 80% Rott and Pitts +2.18%
V Pent 92% between +1.68 to +2.05%
V Pent 98% around +1.5%

Good news all round. I look at the planned increase in production during 2021 and the now happening increases in prices and start thinking BMN COULD be a seriously grown up business.
I am buying more this morning (along with AGL and ITX). Good luck all and have fun.

[purchaseatthetop] 28/2/2021 19:31

This link was posted on LSE. Makes interesting reading.

[gah123] 27/2/2021 19:04

Selling to settle tax liabilities is a necessary evil, remember ARB Director sells at 30p, the rest is history.

[purchaseatthetop] 27/2/2021 17:04

shieldbug...based on my opinion that we have idiots for Directors, their selling gives me great confidence that the share price is about to fly. With a company whose share price falls when the value of its product rises rapidly nothing makes sense. They are doing me a favour as I can continue to add at IMO cheap prices with the V structural deficit growing and an endless V price rise underway.

[purchaseatthetop] 27/2/2021 16:27

bassguy...many BMN costs will be dollar related (fuel, equipment, many salaries). Good hedge to earn in dollars as many payments in dollars. Obviously some rand costs.

[dontay] 27/2/2021 15:34

Somethings changing. BE web site not accessible!"Your PHP installation appears to be missing the MySQL extension which is required by WordPress."BUT this now available through the Bushveld.com main site. Bushveld Energy launched in 2016, is focused on developing and promoting the role of vanadium in the growing global energy storage market through the application of Vanadium Redox Flow Batteries ('VRFBs'). Bushveld Energy brings the energy storage value chain to South Africa by leveraging the Company's South African-mined and beneficiated vanadium.Our business model embraces a number of activities along the VRFB value chain, including: electrolyte manufacturing, investment in VRFB manufacturing, battery deployment and project development.Business ModelBushveld Energy's business model focuses on five types of revenue-generating activities in the mid- and downstream segments of the vanadium value chain. These activities have comparatively low capital requirements compared with the mining business. These five activities broadly are:1. Electrolyte manufacturing, which includes: – designing a conversion process for vanadium feedstock from Vametco's existing mining and processing operations; – building and operating a chemicals plant to purify vanadium feedstock and mix it into a liquid vanadium electrolyte product; and – marketing the electrolyte to VRFB companies or direct users/buyers of VRFB systems;2. Renting (or leasing) vanadium electrolyte, a new product under development. Whereas historically VRFBs have been purchased with the vanadium electrolyte, rental/ leasing would allow Bushveld Energy, or a special purpose company, to retain ownership of electrolyte and rent it to the VRFB users or buyers. VRFB technology is unique because of the non-degradation of the electrolyte chemistry and the relative ease of extracting vanadium from the electrolyte at the end of the VRFB's operating life. In addition to smoothing vanadium price peaks, electrolyte rental permits a long-term pricing model that reduces the upfront capital cost of a VRFB to make it one of the most commercially competitive energy storage technologies available;3. Assembly of VRFBs through an investment in the construction of an assembly plant for a VRFB product. Unlike other battery technologies, VRFB assembly does not require the same production scale to achieve competitive economics. This makes regional assembly of domestic and imported sub-components extremely attractive to reduce manufacturing costs and supply times. Such an activity may involve direct investment into a VRFB company or companies that would own the facility, as well as the technology;4. Direct selling of VRFBs in African markets as a value-adding local distributor. In addition to identifying opportunities suitable for VRFB energy storage, this activity includes developing local logistics chains covering importation, transport, installation and maintenance of the VRFBs and key components. As electricity markets are heavily regulated, significant activity in this business would require engagement with public and private stakeholders to create an environment that identifies and values the full range of benefits in long-duration energy storage offered by VRFB technology; and5. Developing and investing in African energy storage projects, an activity that starts with identifying suitable sites and extends to defining the economic business case for VRFB installations. It includes designing the technical and commercial structure of projects that use VRFBs and making direct equity investment into such projects. By creating bankable energy storage projects, either standalone or combined with generation sources such as solar and wind, Bushveld Energy can accelerate the transition to clean energy in Africa while increasing access to quality electricity delivery through distributed mini-grids.Implementation of these five activities will continue to follow the principles of strategic relationships. Relevant external parties include development agencies, funders, renewable energy developers and energy storage component providers.Partnering with Vanadium Redox Flow Batteries companiesAs part of its strategy of partnering with VRFB Original Equipment Manufacturers ("OEM") for the supply of vanadium material, vanadium electrolyte and vanadium electrolyte rental products, the Company is invested in OEMs Invinity Energy systems plc ("Invinity") and Enerox GmbH ("Enerox") through the Vanadium Investment Platform. The investment strategy is implemented through the VRFB Investment Platform ("VIP"), which seeks to make significant minority investments into high potential VRFB OEMs. The VIP allows for the flow of investment into VRFB OEMs and provides investors with access to the rapidly growing energy storage market.InvinityInvinity is a manufacturer of vanadium flow batteries for the large-scale energy storage requirements of businesses, industry and electricity networks. Developed specifically for high-utilisation applications, Invinity's highly scalable, factory-built flow battery products make low-carbon renewable generation reliable and can run continually with no degradation, charging and discharging for over 25 years. Energy storage systems based on Invinity's batteries are safe, reliable, and economical, and range in size from less than 250 kilowatt-hours to tens of megawatt-hours. With over 10MWh of systems deployed to date across 40 sites in 14 countries, Invinity is active in all major global energy storage markets and has operations in the UK, Canada, USA, China and South Africa. Bushveld Minerals holds an interest of 8.41 per cent in Invinity.Bushveld Minerals together with Invinity formed a special purpose company named Vanadium Electrolyte Rental Limited ("VERL"). VERL's purpose is to provide a vanadium electrolyte rental option to Invinity's customers. VERL has signed a contract for electrolyte rental with Pivot Power, part of EDF Renewables under which VERL will hold, and rent to Pivot for a period of 10 years, the electrolyte in Pivot Power's 5MWH flow battery, supplied by Invinity and to be delivered to Pivot Power's project at the Energy Superhub Oxford.EneroxEnerox is a vanadium redox flow battery developer and manufacturer. The Company specialises in the planning, development and turnkey construction of Utility Scale projects worldwide. It is one of the world's first and largest developers, manufacturers and distributors of vanadium redox flow batteries. With more than 136 installations across five continents, Enerox has substantial industry and operational experience. The technology has proven to deliver long lasting energy storage (now rated for 30 years) and infrastructure for deployment in a wide range of applications including: grid storage and micro grids; storage collocated with renewables such as solar and wind; time shift; diesel power replacement; commercial and industrial solutions such as farming; electrical vehicle charging stations; industrial plants; office buildings and emergency power.HTtps://www.bushveldminerals.com/bushveld-energy-3/Bushveld VanadiumBushveld EnergyOther Investments

[bassguy] 27/2/2021 13:23

Bushveld Costs are in Rand...are they not

[coldspring] 27/2/2021 11:04

P.S. good luck with your short though THTL

[coldspring] 27/2/2021 11:03

https://www.argusmedia.com/metals-platform/metal/ferro-alloys-vanadiumReporting 35 bucks per kg yesterday

[the drewster] 27/2/2021 10:04

Interesting:

[purchaseatthetop] 26/2/2021 15:08

bassguy....me too. It is rather nice to wake up each morning and while having a cup of tea notice that the price of V has increased by 2.5%. All money straight to the bottom line. At some point the share price must reflect this increasing cashflow and future prospects. The structural deficit is only going to grow IMO.

[bassguy] 26/2/2021 14:08

If you are about to enter into a high profile contract with the govt backed by world bank, would you not ensure your taxes are sorted... That the share price is so low now is perhaps a teeny bit just deserts due to how the comms have been handled affecting market sentiment :)I am excited for the next month.

[vauch] 26/2/2021 13:12

If the directors are having tax issues then they need to peg back the money the get

[jc2706] 26/2/2021 13:10

As stated when Lemur's boss sold last time, it is hardly surprising given the position of Lemur within the company. It doesn't fit and should go. I tend to agree with Bassguy on this and expect to see some news sometime soon.

[bassguy] 26/2/2021 10:20

Don't see it that way myself but good luck to you anyway. I think were in for some big news and this is just house keeping, possibly enforced in the tax side.As usual with BMN norhing is clear

[purchaseatthetop] 26/2/2021 10:14

well any Director happy to sell right now should not be employed by BMN in any case. Shows complete and absolute lack of judgement. Maybe that helps explain why we are all here discussing this. When I bought BMN it was either BMN or Largo. I decided BMN was by far the best prospect.....little did I know then!!

[bassguy] 26/2/2021 10:02

Yeah I think something is changing structure wise. There have been hints floating around for a while now. If Lemur is sold off then I can see Prince selling out of Bushveld, if the remaining co is restructuring to combine Vametco and Vanchem and maybe BE etc then I can understand why directors may be getting tax affairs in order etc. Also they spent a million bucks on JSE prep so again it all would appear to tie in with structure change, poss new listing all coinciding with Eskom... would be good yes?!All starts with Lemur offload in my view, another question being what do they do with any money realised from the sale...

[purchaseatthetop] 26/2/2021 08:27

bassguy.....do you means creating a new "Bushvelt" company and eliminating the rather odd company structure with BMN/BE etc maybe as part of a new listing on the JSE?

[bassguy] 26/2/2021 08:21

Or there is another reason involving a 're structure or the like.