SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Mentioning this for the Vanadium(Us mine 2022)*not*silver

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Internship10/25/2020 2:07:52 AM
   of 47
 
Bushweld gives us some update at the end of september & mid october!

ca.proactiveinvestors.com

Bushveld Minerals Ltd ( LON:BMN) generated revenue of US$43.1mln from its South African vanadium operations during the first half of 2020, down from the US$78mln generated in the corresponding period a year ago, as lower vanadium prices and lost production due to the coronavirus crisis took their toll.

The company calculates that the total lost revenue due to coronavirus amounted to US$9.2mln, with a further US$400,000 spent on hygiene, screening, protective and preventative measures.

The loss before tax was US$10.7mln.

Separately, the company has also announced a US$30mln financing deal with mining finance bank Orion, to underpin plans for the expansion of the vanadium production capabilities at Vametco.

viewBushveld Minerals Ltd

https://ca.proactiveinvestors.com/companies/news/931535/bushveld-minerals-discuss-half-year-performance-expansion-plans-and-vanadium-market-outlook-931535.html
Bushveld Minerals discuss half year performance, expansion plans and vanadium market outlook

Bushveld Minerals Ltd's ( LON:BMN) Fortune Mojapelo talks to Proactive London's Katie Pilbeam about the company's half year results, which generated revenue of US$43.1mln from its South African vanadium operations.

This performance was down from the US$78mln generated in the same period a year ago due to lower vanadium prices.

Mojapelo also talks through the impact the coronavirus had on production and his optimistic outlook for the next period.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext