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 Earnings Call Transcript

Sep 26, 2023 / 11:00AM GMT
Release Date Price: £0.017 (-1.45%)
Operator

Good day, and welcome to the Bushveld Minerals 2023 Interim Results Presentation. I'd now like to hand the call over to your host, Craig Coltman, Chief Executive Officer. Please go ahead, sir.

Craig W. Coltman
Bushveld Minerals Limited - CEO & Director

Thank you, George, and good afternoon, and welcome to the presentation covering our interim results for the 6 months ended to June 2023. I'll soon hand over to our Finance Director, Tanya Chikanza, to talk through the period under review. But first, a few words on where we are with some of our initiatives we spoke about on the recent quarterly call.

First of all, the improvement measures implemented at Vanchem early in my tenure are starting to bear fruit, evidenced by the increasing monthly production numbers. Since the implementation of these initiatives, Vanchem performance has improved. Producing 160 mtV in July and then a further 10% on top of that for August achieving 175 mtV. The average for July and August production represents a 63% improvement over the monthly average for the first 6

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