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Berkeley Mineral Resources Share Chat (BMR)



Share Price: 1.075Bid: 1.05Ask: 1.15Change: 0.00 (0.00%)No Movement on Berkeley Min.
Spread: 0.10Spread as %: 9.52%Open: 1.075High: 0.00Low: 0.00Yesterday’s Close: 1.075


Share Discussion for Berkeley Min. (BMR)


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Shwmae
Posts: 776
Off Topic
Opinion:No Opinion
Price:1.08
Muaddib
Fri 21:13
Two options to vote on spring to mind...1) share reorganisation and consolidation and 2) what on earth have some staff been doing to justify their role within management.
 
EricDraven
Posts: 16,458
Off Topic
Opinion:No Opinion
Price:1.08
Muaddib
Fri 21:08
Ok. Muaddib, I don't know what the voting options will be until I see the actual proposals from AB, including the details. Nobody does. By the sounds of it, any voting will be to do with a share reorganisation/consolidation, if that is even still on the agenda. It may well not be now we have secured this million pounds. Who knows? All I was saying earlier was, if we shareholders have to vote on something which could affect our shareholding status, whatever it is, then each of us should use our vote.

That's it really.
Muaddib
Posts: 28
Off Topic
Opinion:No Opinion
Price:1.08
Eric
Fri 20:52
I am not being derisory,

All you say is true thankfully but not anything to vote on. As for production thats not a vote is it ? We all want that I am asking what options you think you can vote on ?
EricDraven
Posts: 16,458
Off Topic
Opinion:No Opinion
Price:1.08
Muaddib
Fri 20:44
We don't have to agree with anything derisory. We've also just got a million pounds back. AB has done the right thing in my opinion, under the circumstances. The Company is afloat and we have enough cash to get us into production. That option is the only one we should be concerned with and it can now be fulfilled. Getting our house in order and detailing the write-down will also give us a clean, uncomplicated slate for any potential suitors who may be interested in a buyout. Zinc is becoming scarce as you are aware. We have a definite lifeline, with a lower cash burn rate, plus no immediate debt. Call me naive, but the picture is looking brighter than it was three months ago, in my opinion. If you think otherwise, then fair enough.
Muaddib
Posts: 28
Off Topic
Opinion:No Opinion
Price:1.08
Eric
Fri 20:30
Name your options ? whatever the BOD set out you have to agree with ,so please name your options ?
EricDraven
Posts: 16,458
Off Topic
Opinion:No Opinion
Price:1.08
Muaddib
Fri 20:25
We have valuable assets and no debt. I'd say we do have options.
Muaddib
Posts: 28
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (3)
RE: 1Laffer
Fri 20:22
so naive,There are no options and at this point very little choice
EricDraven
Posts: 16,458
Off Topic
Opinion:No Opinion
Price:1.08
Harl
Fri 20:06
Sounds good to me. I personally feel AB has made an excellent start, got things out into the open, recovered a million quid and avoided any court dramas. We now need to see his strategy for going forward and I'm trusting that he can build on the good work he's done so far. Still cautiously optimistic.

Cheers Harl.
EricDraven
Posts: 16,458
Off Topic
Opinion:No Opinion
Price:1.08
1Laffer
Fri 20:01
Yes, I agree. We should always use our vote. It's our Company after all. News before too long I guess, so hope it's good. We don't deserve anything less.

Regards.
harlequin
Posts: 4,447
Observation
Opinion:No Opinion
Price:1.08
BMR
Fri 19:56
IMHO BMR has a bright future - why. Because :

1 AB is an excellent businessman with a clear vision of where to take the company

2 luckily we have metals in zinc and lead that are in demand and similar mines are closing down

3. Luckily we have no debt.

4 We have a mine where in the past vast quantities of metals were extracted and there's still 2 m tons still down there.

5 we do have vast area of land unexplored where almost certainly there are metals.

6 Chinese desperately want to secure future supplies of the metals we hold





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