Well the only motive can be that they want the share price up... I've been in here too long you know, can't help being cynical. We've come up from 1.25p. Why do they want the share price up - so they can sell at a higher value....? It will take a lot of spondoolies to achieve everything BMR has under its wings anyway, so why is it looking for more ? Third and inal question. Who got plugged from Aim last week in the press. Can't remember, can anyone help (genuinely loosing it these days..). I still stand by what I said at 1.8p as we slid toward the (then future) placing price. With JVs and funding - BMR is not the share that will take me out of work slavery... but it may help a bit tomorrow. GLA. If anyone remembers which share was leaked last weekend - would be greatful to be reminded.
Keep an eye on Berkeley Mineral Resources, which extracts minerals from the tailings left behind at mines in Zambia. Purchase of a new asset was rumoured to be imminent, as the shares rose 4.6 per cent to 2¼p.
That MA actually told the truth about the £1m raised recently at 1.4p
"Once we have received confirmation of clearance from ZEMA of EPL's EIS, we intend to devote the funds raised now to expediting production through our installed copper plant and advancing towards the processing of our zinc and lead tailings inventory. These are already onsite at Kabwe."
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