From the start of 2017 to April 15 2018

Vanadium prices up from 24 USD/Kg to 70 USD/Kg (+191%)

Vametco ownership up from zero to 59.1%

Vametco production increased from 3000 tonnes per annum to 3750 tpa

Links (in order)

https://thebushveldperspective.com/blog/public-blog-1/post/from-iron-to-vametco-221

https://otp.investis.com/clients/uk/bushveld_minerals/rns/regulatory-story.aspx?cid=1344&newsid=862325

https://thebushveldperspective.com/vanadium-prices

https://thebushveldperspective.com/blog/public-blog-1/post/july-2017-vanadium-shock-what-and-why-203

https://otp.investis.com/clients/uk/bushveld_minerals/rns/regulatory-story.aspx?cid=1344&newsid=953979

https://thebushveldperspective.com/blog/public-blog-1/post/the-end-of-erongo-260