Just did a dummy buy for 100k (22.675) & then 50k to see if was cheaper, it wasn’t it was 23.0125 so back to 100k, the same. That is a big instant jump.
Bushveld minerals is not spending $12mBushveld Consortium is. We don’t know yet the make up of said consortium, if YD is anything to go by we may never find out. We will find out our % exposure along with much more coming for Bushveld Energy IMO.
I presume first refusal is in recognition of the fact that a rapidly growing requirement will exceed our ability to produce. This company has come a long,long way in a relatively short time I.e commencing April 2017.
Having previously being over optimistic when predicting future production Fortune has I would suggest learnt quickly. I am now bullish that targets will be beaten. We have it from the horses mouth that September with 310mtv was the record month. Yachty I think it was popped with “the news” to be corroborated that October had beaten target & all was spot on within the workforce. Fortune has reiterated that we are on target for 2800+mtv for the calendar year. That suggest an average of 300 mtv per month in Q4. Couple that with the first reported increase in V price & we might well see the worm about to turn.
I fully expect the ticking exercises to be completed before the end of next week with the completion RNS landing accordingly. I don’t rule out an “out of the box” RNS just to add to the fun & games.