RE: Well worth a re-read4 Jul 2021 22:05
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.