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Investegate |Ferro-Alloy Rsrcs Announcements | Ferro-Alloy Rsrcs: Final Results


 
Cost of sales increased to US$3.8m from US$3.2m in 2020 primarily reflecting the increased volumes and increases in the price of the vanadium concentrate purchased at the high prices prevailing in 2019 and utilised in 2020. The largest part of cost of sales is the purchase of raw materials, the price for which is determined as a percentage of the value of the content of vanadium at prices prevailing at the time of purchase. Since such materials are purchased up to several months before processing, and sales price determination is made several months after shipment, the prices used as a basis for the calculation of raw material prices were significantly higher than the price used as a basis for product sales. This means that the operating margin was squeezed as prices were kept low in 2020. Again, during times of rising prices this effect would be reversed and is likely to even out in the long term as prices move up and down. ....

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Investegate |Ferro-Alloy Rsrcs Announcements | Ferro-Alloy Rsrcs: Further Investment of US$7 million by Vision Blue


 
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 which is part of 
UK law by virtue of the European Union (Withdrawal) Act 2018.
28 June 2021
Further Investment of US$7 million by Vision Blue Resources
 PDMR Notification
 
Ferro Alloy Resources Limited (LSE: FAR),
the vanadium mining and processing company with operations based in Southern Kazakhstan,
 
is pleased to announce
 
that the Company has today received notice of further investment of US$7 million (the Investment ) by Vision Blue Resources Limited ( Vision Blue )
under the Subscription Agreement entered into, as announced on 15 March 2021 and amended on 1 June 2021.
 
·
Further investment by Vision Blue of US$7 million under the Subscription Agreement comprising: ....

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JUBILEE METALS GROUP PLC – Zambian Operations Update,Project Roan delivers first copper material ,Offtake Agreement concluded - SENS

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