We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I guess that falls into the generally fatigue aspect for any plant then. You use it it wears parts needs replaced.
Falls under the general running costs of a plant. Luckily we are now producing the levels of throughput to cover any further wear and tear within the general running costs.
If not, how does any plant make money? Guess you need to try another line of demise and I'm sure we'll be quite easily able to put that down as well.
Practically every fund raise has had part of the money allocated to making minor improvements to the plant. It’s an old plant and the harder they work it the more it will fail
Although the fundraising earlier this year was to upgrade the machinery to overcome these issues, which I believe they stated has now been completed. So good running from now. As well as the additional funding just raised which we need to see the full details of but will most likely include additional machinery for another pipe as well as the all weather infrastructure.
As MH stated in his video broadcast to proactive investors. The main problems BRD have is getting enough material to the crushed. One of which is the moisture levels and drying the material out. For which yes, weather is the driving force on Top of infrastructure to keep the material as dry as possible.
Soon will be on the way up.
Positive as always.
The weather isn’t the main problem, the plant is old and continuously breaking down. It’s just not man enough to do the job and now they are trying to push more material through and running it 24/7 which will put even more strain on it. Combine this with additional labour will put increased costs for not much return. Last chance saloon for BRD now.
Yes, also makes sense opening other pipes as well. The crushing circuits been tested to a capacity equivalent to processing 700k tons per year so plenty of headroom. Just a matter of getting the material to it. I think it’s loohing up to achieve the rates they are aiming for. Just need to be making a profit rather than a loss.
Ok, scrub that. It was 24hr already during 2018 so needs increased by 50% to achieve the 400k per year.
Connie, 400k per year should be doable. They’ve already demonstrated that during 2018. With 190k tons.
Since then we have gone to 24hr rather than 16hr and 7 days per week rather than 5.
So 190k * (24/16) * (7/5) = 399k.
Which does raise the question, if the fund raising earlier this year was to upgrade the equipment. Was the recent fundraising necessary if last years equipment could achieve the necessaty throughput?
Just noting the revenue estimates from the guidance for next to be at conservative end $10mil equal to £7.8mil so even after that last shit shower of a fund raise we have a ridiculous market cap which catch up. Aslong as they don't run out of money before hitting profitability. Could see a good sized spike here.
Not written off.
9p!! Suddenly I feel lucky @.33p and you don't sound bitter. Was going to ask if you'd written this off but I guess that's a given with a 9p average.
I'm down about 60k at the moment. But with an average of about 0.31p I have a hope for recovery. Longer term, who knows how things will go maybe they will be lucky and find a decent new area to mine with greater turnover? Hopefully so that investors like yourself Connie can recover some of your commitment to BRD.
Yes I feel everyone's pain I think we can all empathise, we're all in the same shitty BRD boat. My Average is .33 and have decided to average down to around .23 LUckily have only a small holding. I hope Waugh has a n accident soon he really took a giant s**t on us.
GLA
Tensions are high we can all feel it even on a message board, I didn't post till my in investment more than halved over night.
I kinda didn't care at that precise moment and just posted.
Many shares I hold either rarely post or not at all period no matter what but we have all been burned here one way or another.
Racked me off had to vent and luckily selfishly to say, I'm far from alone in how I feel here.
jscapper. Not sure what the problem is here. Most people are putting their views forward but yourself and UT appear to want to instigate a war of words for some reason ?? By the way UT apology accepted, I think emotions are running a little high so for my part in anything that may have come across badly I also apologise.
I may not have been a member for long and may only have posted on BRD to date. Does this mean I don't have anything informative to provide? You yourself have only posted to BRD over the last 30 days, so does that mean that your comments are taken badly by other investors. By the way did you take a poll of investors to determine that there's a problem? ;-)
My messages have not intended to be negative but informative both in initially pointing out that AWs comments at the February fund raising suggested that they were looking at further funding (which happened shortly afterwards) and the later details of how to estimate future share price potential as per how traders will be looking at it. Plus pointing out the recent loan to BRD comment clarification.
None of these I see as anything other than trying to be informative. If this has for any reason been taken differently to this then I appologise. It certainly wasn't meant to be.
F**k sake chaps this isn't helping any of us.
Lol...true colours showing now eh? :D
RE: waiting
26 Apr '19
Not sure they will not need more funding. However this should be limited....
2nd May '19
However, I do not see a sell off...People are selling at a loss. Why? Lack of patience or “balls”.
RE: rather concerned
7 May '19
MM's are really good at playing on the weak and impatient.
Wow! Your serious research stood you in good stead, didn't it? ...and 'use the filter'? Geez, how old are you,12?
Please show me that post Which I made denying fund raising.
As I said use the filter
I've just read that JSCapper and find your tone quite shitty. Considering what's happened here over the last week, it's quite alarming how you believe you have the right to be so condescending. Let's not forget that you were one of those posters denying a fund raise was possible despite me highlighting suspicious market movements. So you ain't perfect sunshine!!!
Scottman
I believe the problem investors have is that you made your first post on 13th may 2019. Having been a member for 4 days.
From then you have posted 30 times in BRD and no other share. All of which have a negative slant. You have been given information on the $6 Million which you refuse to accept.
For me it does not worry me as researchers in a company can take different approaches.
Can I also advise the Filter button is a useful tool so as not to disrupt a good board by replying to posters who either are not investors and have a secondary agenda. Or here to try and make a quick buck.
Sorry if I seem rude by the way, and sorry if you feel I am taking it lightly or rubbing it in, I am not ok.
Rubbing in? No. I hold also?
Laughing and joking? Where has that came from? Believe me, I am not laughing and joking, I just want my money back and going on about a debt that doesn't exist in the way its perceived, is not helping!
UT I think if there were any points to be made they've been detailed below.
Not sure why you feel the need to rub in the fact that there are quite a few people here that are unhappy about the recent events and the affect on their investments. This is not a thing to laugh and joke about.
So the point is? What are you trying to say? You are unhappy in this investment and feel it is going nowhere? Convinced we owe 6m in debt? In which case is not many options left for you, seems a bit of a lost cause to hold for you now?
BRD may control KVM but they are legally sesperate entities in all aspects whether it be taxation, regulation or liabilities. Less reputable companies use such subsidiaries to hide things they don't want to be generally known as they don't come under the same reporting requirements. It also means they can bankrupt KVM without affecting BRD.