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knuttie - your frustration is with the share price not the progress the company is clearly making. This is precisely how AIM is set up - to benefit those that control this illiquid market. Guaranteed as soon as you sell a large chunk of shares the Market Makers will say 'thanks very much' and move the price up to make as much profit on those shares.
In fact I think that it is just this sort of capitulation that they are waiting for.
I did previously uncover some interesting information about garnet here:- https://www.lse.co.uk/ShareChat.asp?ShareTicker=BMN&share=Bushveld-Minerals&thread=63BB1B52-D9AD-4825-BFDE-715BD44F20DF
Clearly Garnet are trying to block Mustang
taufour.
The reason that Dr Allison did not mention flow batteries is because up until 4 days ago he did not know about them. I explained them to him and now he does know.
https://twitter.com/BMNperspective/status/1414485596505001990
The thing is it doesn't need doing. There is absolutely no need for any placing to raise money. If you want to get shares placed out in a Vanadium company you need to go to someone who does not already have multiple producing facilities.
1) USD is 14.28 rand not 12
2) Vametco Production cash cost (C1) has been revised to between US$23.7/kgV and US$24.20/kgV (ZAR339/kgV and ZAR345/kgV)
3) Vanchem Production cash cost (C1) has been revised to between US$30.3/kgV and US$31.1/kgV (ZAR434/kgV and ZAR444/kgV) previously, between US$26.20/kgV and US$26.70/kgV (ZAR419/kgV and ZAR427/kg)
Bolgas, everyone can see that you are selectively quoting apples and comparing with pears. Vanchem has much lower production than Vametco and furthermore it has much more work underway to expand production so it is hardly surprising that forward cost estimates include a healthy period of upgrading work in 2021.
Let's face it you are just hugely bitter that BMN had to rescue your baby RedT and combine it with Avalon to form Invinity. I can remember when RedT was worth 5 times what BMN was worth, well THAT investment did not work out so good for you did it. Next time do a bit more research.