Bushveld Minerals Share Discussion Threads

[nvhltd] 03/4/2021 14:00

Knuttie: I don’t see what I have posted this morning regarding Schmid and BNM as a negative. I see it as realistic and informative.

I asked the Jena CEO who was formally in charge of the Schmid VRFB project where they were going to source their Vanadium / electrolyte from. He told me that Saudi had been chosen for a specific reasons. One of which was the availability to source electrolyte from crude oil fly ash refining.

Saudi is pretty much a closed shop and corrupt.

It’s all there on the Riwaq website.

Saudi is either painfully slow or rapid. There’s no in between.

I bet that they will be in production before our electrolyte is finished and they will win big government contracts because that’s how they role.

[knuttie] 03/4/2021 13:42

Production 8,400 in 3/5 years. That is a prodigious increase in what is a product with massive demand. nvh even if you are correct in your negativity, which I don’t buy, then it matters not.

[purchaseatthetop] 03/4/2021 13:34

nvhltd....I have no objection to your posts. It is irrelevant to me if anybody is a troll (and you are not) if their posts are informed. Certainly Schmid would never have started making VRFB unless they had security of supply. The amount of VRFB is going to be staggering and the world needs as many sources of supply as possible.

It is a risk but there are always risks in business.

[plat hunter] 03/4/2021 13:32

Nothing and far more a valuable contribution than ramping an imminent and non existent dividend policy

[nvhltd] 03/4/2021 13:21

The old troll and he doesn’t have any shares response.

Tell me what is so wrong to point out and clarify that Schmid won’t be looking to take vanadium or electrolyte from BMN / BE as so many have concluded. They won’t be adding to the “structural deficit” because they will be adding to the supply by refining crude oil fly ash and extracting the vanadium before turning it into electrolyte with Bolong New Materials Help.

So now there is a connection between the two biggest VRFB manufacturers that can produce electrolyte from an abundant waste product in Saudi Arabia.

To make an informed decision and manage the risk it’s best not to close your eyes to the competition.

[saghir786] 03/4/2021 12:12

Would be nice if we continued to languish until my other investments go up so I can try to bring my average down

[purchaseatthetop] 03/4/2021 11:54

gah123....I do not mind good trolls. I really do not know who is a troll and who is not. I want arguments trying to show that the value that I see is a chimera. I welcome contrarians because I can read or ignore. nvhltd is 100% correct that BE has been a shambles. The bigger question is whether this matters a jot. BMN will be a small VRFB supplier in South Africa (lots of sunshine, not lots of electricity) and will do well in small scale projects. The vast projects will go to enormous concerns.

I always return to by beloved supply and demand charts. Demand moving upwards and to the right. Supply must increase to slow the rise in vanadium prices. That is actually good for BMN as otherwise the new industry will be killed immediately. Millions of tonnes of vanadium are going to be needed for the new storage.

Last week I was watching the fall to 15.5p and thinking "have I got this so wrong?". Absolutely not! I bought at 15.9p, 16.5p, 17p again and again. Fantastic chance to buy before the rebound.

[gah123] 03/4/2021 11:39

100% agree, we will fly next week hence the desperation from NVH. So obvious and a signal to buy more shares lol

[gah123] 03/4/2021 11:35

NVHLTD trying his level best to create doubt. Troll with no shares, zero credibility. Best ignored.

[purchaseatthetop] 03/4/2021 11:21

Well, if I was you nvhltd....I would sell my shares. Obviously BMN is going to lose out.

Now use of vanadium is 95% steel and 5% others incl storage. In 10 years time it may be 50/50. The new vanadium has to come from somewhere or there will be no VFRB industry.

For all his failings MF has bought Vanchem, Vanetco and Mokopane leaving BMN with vast resource and ability to upscale mining. He bought them at incredible low prices. He did well.

[nvhltd] 03/4/2021 10:54

Purchase: There’s nothing to see. It’s happening. BNM have manufactured 10 fly ash refineries already.

Apart from Riyadh most of the major Saudi cities and industrial centres are located on the coast where there is an abundance of water via desalination plants.

Processing the waste for Vanadium and other materials is going to be cheaper and more environmentally friendly.

[purchaseatthetop] 03/4/2021 10:46

nvhltd....as far as I can see this process requires enormous amounts of water and is highly polluting. We will see.

In the end the VRFB global market will be worth many billions a year and BMN is far too small to take anything but a tiny sliver of it. new supply is needed as the demand for V is going to go through the roof and BMN doubling it production will be a drop in the needed ocean.

This development is positive IMO. The world is changing. Electrolyte needed for Saudia Arabia will be produced locally as shipping millions of litres of electrolyte (vanadium in acid) long distances is uneconomic and dangerous. BMN will produce electrolyte for South Africa.

We are going to see 20p by mid-next week. Vanadium is the new palladium.

[nvhltd] 03/4/2021 10:11

Schmid have confirmed that their giga factory will be supplied with Vanadium from fly ash waste from the oil industry in partnership with Bolong New Materials (Rongke).

So additional feedstock to the global vanadium market starting this year and nothing in it for BMN.

Schmid in partnership with BNM will be a truly vertically integrated Vanadium play.

Vanadium production from oil fly ash.

Electrolyte production.

VRFB production

Rich, sun soaked, developing market in Saudi and the middle-east.

BE (BMN when they take back control of the electrolyte plant) have been at it for 5 years and is still 18 months away from production. The company has a 25% share in a tiny VRFB manufacturer in Austria. It has had zero sales or projects and still hasn’t committed to local VRFB manufacturing in SA.

So while Mikhail has been all talk for 5 years. Schmid and Bolong New Materials have been getting on with delivering a giga factory and vanadium electrolyte processing industry from crude oil fly ash.

[plat hunter] 02/4/2021 21:16

Yes JC And there you have a natural hedge with large scale copper refiners for a lithium future.With or without cobalt or lithium for that matter. Regardless of a batteries efficacy and ingredients, they'll be no transference from storage to usage without all that extra lovely grade A copper cathode.

[purchaseatthetop] 02/4/2021 17:56

gah123.....2023 and 120p.

[jc2706] 02/4/2021 16:57

Plat Hunter,

True, although a great deal of the research into lithium ion is concerned with reducing or even eliminating the cobalt used. Certainly not there yet and cobalt will be required for some time I suspect.

I am interested in what comes after lithium. It is a relatively mature technology so improvements are likely to be incremental. History suggests that this is the time when a newer technology comes in to challenge it.

I am talking more on the EV side here.

[gah123] 02/4/2021 16:25

Have been waiting for the right moment to take a position. What's your target price and timeframe?

[purchaseatthetop] 02/4/2021 12:01

I have bought some BCN for lithium. Anybody else in there?

[plat hunter] 02/4/2021 11:27

JC, you can't make a lithium battery without cobalt, which is a by product of refining copper cathode and trades at average premium of 9 times cathode.The bigger the the cathode producer the more the earnings leverage they'll achieve on cobalt.If this really is the start of a commodity super cycle then Glencore really stands out on that basis

[purchaseatthetop] 02/4/2021 07:42

China prices up across the board by nearly 2% again.

Things heating up.

[gah123] 01/4/2021 18:48

What a great end to the week with a flurry of buys at the end. Sets us up nicely for next week.

[texaschaser] 01/4/2021 18:17

No news, no assets, no money, no chance

[player one] 01/4/2021 15:50

''II'' bucket shops will be selling into the rise IMO

If it gets to 15-15.5p - could be punt time again

GLA