BSHVF - Bushveld Minerals Limited (BSHVF) Q4 2023 Earnings Call Transcript
2024-07-02 12:17:08 ET
Bushveld Minerals Limited (BSHVF)
Q4 2023 Earnings Call Transcript
July 02, 2024, 09:00 AM ET
Company Participants
Craig Coltman - CEO
Robbie Taylor - CFO
Viki Rapelas - Head of Legal
Presentation
Operator
Before we begin, I'd like to submit the following poll. And I'd now like to hand you over to Craig Coltman, CEO. Good afternoon to you, sir.
Craig Coltman
Good afternoon, and thank you all for joining this webcast today to discuss our full year results to end December. Alongside me today is CFO, Robbie Taylor, who joined us in January and has provided great support during a tough period for the company.
Looking at Slide 4, before we look at the financials, let me set the scene a bit. As you know, I joined midway through the financial year under review with the company heavily beset by confidence of financial, operational and broader challenges. While I've been at the helm for a year, we as a team have worked incredibly hard in a relatively short space of time to deal with many of these challenges. Within days of arriving at Bushveld, the uphill task ahead for all of us was quite clear. Beyond the long-term debt position with Orion that had become current, we also owed creditors large sums of money, the majority of which was long overdue. To remedy this, we had to bolster our cash position and improve our working capital situation quickly, to ensure our credit period days were reduced and suppliers were more confident that they would be paid timelessly on supply of goods, thereby resulting in more reliable production....
Bushveld Minerals Limited (BSHVF) Q4 2023 Earnings Call Transcript