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There are good reasons not to rush ....
https://news.sky.com/story/coronavirus-care-homes-and-public-told-to-immediately-stop-using-one-brand-of-test-kit-12030187
Asked bmn that the SA goverment guidelines outlines basically a ten step process to listing on the JSE. What step are they ? She replied :
Thank you for your email and interest in Bushveld Minerals.
Unfortunately I cannot confirm which step of the process the company is currently at, I can confirm that we have advanced the preparation of a number of the critical documents required for the listing. We will keep updating the market accordingly.
I had seen that article, but it was behind a Paywall so couldn't see the source of the 12 months.
The positive I see from the RNS is that, Bushveld wouldn't commit over $1 million in costs if it hadn't got the ball rolling.
and from SA Policies and Guidelines it can take as little as 9 weeks from scratch.
Less than 9 weeks? :)
https://www.jse.co.za/content/JSESpecificationsItems/Guidelines%20to%20Listing%20on%20the%20JSE.pdf
Sorry if I missed this, theres a lot to take in from the RNS.
But the JSE listing within the next 12 months, Where does that come from?
The RNS says "The Company continues to monitor market conditions and engage with South African institutional investors..." but doesn't commit to an actual time frame.
In China
https://www.vanadiumprice.com/
Hold!!!! :) News on Friday morning!
Why would you risk it ?
Increased profits need counting .... :)
Vox Market has the opening Ask as 32.5p !
Iam deramping by commenting on a broker's article ?
I am frustrated at the company for its continued silence on goals that it set. I am prepared to wait but does it have to be this difficult to get an answer ? No mention of the JSE listing ? I guess that has went the same way as the dividend?
Seems the market isn't favourable to Bushveld . It's as well they only looked at 3 year return for investors ... Imagine if they looked at 12 months :(
https://www.google.com/amp/s/simplywall.st/stocks/gb/materials/aim-bmn/bushveld-minerals-shares/news/how-should-investors-feel-about-bushveld-minerals-limiteds-lonbmn-ceo-pay/amp/