Comments by "Gen Ohmni" (@KingOhmni) on "South Africa Devolves into Anarchy as Socialism Once Again Fails" video.
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This is rather selfish of me but as you may know the Bushveld Complex in South Africa has some of the deepest, longest running platinum group metal mines in the world. Among other interesting stuff like Palladium and Rhodium, Vanadium or Molybdenum and the more mundane copper and gold. Some of the mines have been running since the late 17th century.
Anyway I'm invested in what was once a tiny UK junior miner/exploer company back in late 2019 and through a combination of socialism in SA, Covid restrictions in SA,push for green tech (needs lottsa metals. Be ten years at least before you see some kind of battery powered JCB lel) and a well run company my 140 quid punt is worth 3 grand depending on what day of the week it is. Could even land a years wages (part time zero hour min wage kitchen work so nothing flash) outta this, Invest that shit properly and escape the rat race. I have a dream. A dream of capitalism.
Mfw this broke ass pleb is making (paper gains) on socialism failing in SA. And I didn't even have to short anything. One interesting caveat for South Africa. There is a homegrown company in SA called Bushveld Minerals. It's the one reason I give a shit for SA not falling into anarchy cos it's actually a good company who did good things for the local people of SA. Basically they are working on Vanadium Redux Flow Batteries. Cool shit and could well be the foundation for city/industrial grade reliable and safe (much lower risk of thermal runaway unlike Lithium Ion batteries) electrical storage.
People who think Lithium is going to be the metal of batteries need to read up on the latest advents. It's not just vanadium, looks like Platinum and Palladium will have a catalytic role to play in batteries of the future. There's gains to be made seeing these things early. (this is not financial advice, I am not an expert, pay any taxes due blah blah). This is one of the few talking points I disagree with Styx on unless he only means the here and now when he talks about hydorcarbon usage when doing industrial shiat. There's some safe energy dense storage solutions in the pipeworks that will allow for a battery powered JCB, a blast furnace ran off battery supplied juice etc. We just need to convince people to take up Liquid Salt Thorium Reactors for the electrical generation and then boom. End to end clean as can be energy. Another anywayyy.
I am not invested in that company however I would like to be but if SA imploded. Oof. Be a shame if their various facilities were damaged or destroyed. There's not many Vanadium Redux Flow Battiers extant on such a large scale that have such a history of usage and testing. It's pretty impressive stuff on a scientific level, more so given SA's status on the world stage. Oh and the ironic thing is if the SA government had worked closer with Bushveld Minerals much more reliable power supply could have been provided to key infrastructure for years now. Thereby mitigating one of the biggest headaches for the SA mining sector that actively hurts SA GDP. Power supply interruption. Then there's the poor SOB's on the slab undergoing surgery when the power goes out o.0 As ever the market can provide.
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