Bushveld Minerals Ltd (LSE:BMN)
£ 0.0065 -0.0005 (-7.14%) Market Cap: 15.02 Mil Enterprise Value: 84.98 Mil PE Ratio: 0 PB Ratio: 0.30 GF Score: 0/100
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Half Year 2023 Bushveld Minerals Ltd Investor session Transcript

Aug 04, 2023 / 08:00AM GMT
Release Date Price: £0.024 (-2.04%)
Operator

Good morning, and welcome to the Bushveld Minerals Limited Q2 and H1 2023 Operational Update. (Operator Instructions) The company may not be in a position to answer every question it receives in the meeting itself. However, the company will review all questions submitted today and publish responses to when it's appropriate to do so. Before we begin, I'd like you to look at the following poll.

And I'd now like to hand you over to Craig Coltman, CEO. Good morning to you, sir.

Craig W. Coltman
Bushveld Minerals Limited - CEO & Director

Good morning, and thank you. Thank you to all. Welcome to our quarterly and half yearly operational investor update. And thank you to all who have dialed in.

In summary, group production for the quarter was 840 mtV, up from a year ago with an average production cash cost of USD 274 per kgV, which is 380 kgV less than Q2 2022. This was attributable to higher production volumes and a weakened South African rand to the U.S. dollar exchange rate. Sales for the quarter were up 36% from last year, supported by

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