Bushveld minerals in its last leg. They have raised around 12 million at lowest possible sp and selling their assets just to stay afloat. They are losing around 30 million a year last few years. They are pumping up production for 4000 to 4500 tonne per year .
With 90 million dollar debt and very low vanadium price, they will go bankrupt by next year. Sadly this good for VR8.
Ann: Over 100% of Phase 1 Production subject to Offtake MOUs, page-21
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
