Bushveld Minerals Ltd Special Call Transcript
Good day, and welcome to the Bushveld Minerals Conference Call. At this time, I'll turn the call over to your host today, Mr. Fortune Mojapelo, CEO. Please go ahead, sir.
Thank you very much. It's a good afternoon to you all, and thank you for joining us for this call. As usual, I have with me today our Group CFO, Tanya Chikanza, who will be supporting me in this call.
We are pleased to be announcing today the conclusion of our discussions with Orion and the agreement to refinance the $35 million convertible loan note plus accrued interest of approximately $10 million that was due later this year. As you may well recall the convertible notes, together with the accumulated interest would have come due in November of 2023.
As I mentioned in today's announcement, we believe that the new structure removes significant near-term balance sheet pressure and resolves this material liability that became current in 2023.
In a nutshell, the approximately $45
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |