Register
Login:
Share:
Email Facebook Twitter




BMR Share Chat - RSS Feed

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)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Premium Membership
mushty
Posts: 313
Off Topic
Opinion:No Opinion
Price:1.08
longtremers
20 Mar '15
Whare have they all gone,are they posting on a different site.
 
woodpecker760
Posts: 201
Observation
Opinion:No Opinion
Price:1.08
View Thread (5)
RE: The 6 month lie
20 Mar '15
A bit dropped off

A date can be agreed in advance when relisting will occur and I believe that has happened.

http://www.investopedia.com/terms/s/suspended_trading.asp

Suspended Trading
AAA |
DEFINITION of 'Suspended Trading'

A stoppage in the trading of a security for an extended period of time that normally occurs when there is a lack of material financial information on the security. Once the security is suspended, shares of that security cannot be traded on the market until the suspension is lifted or lapses. The exact amount of time for the suspension will be determined on on a case-by-case basis.
INVESTOPEDIA EXPLAINS 'Suspended Trading'

The SEC has the authority to suspend the trading of a security for up to 10 trading days to protect investors. The SEC has this ability under Section 12(k) of the Securities Exchange Act of 1934. The SEC will make the decision to do this based on an investigation and will then issue a press release detailing the reason for the suspension. The most common reason for suspension is due to a lack of publicly available, relevant and current financial information.

http://www.incademy.com/courses/How-the-stock-market-works/Suspension/16/1014/10002

16. Suspension

Shares in a quoted company can be suspended for two reasons:

The company requests suspension

If a company is about to announce news of material significance to investors and it fears that a disorderly market may be created by a leak, it can ask the London Stock Exchange to suspend trading in its shares until after the announcement.

The most common reason for this is that the company is about to participate in a bid for, or by, another company. But there could be other reasons - for example if the company has unusually bad news (the MD has just fled to Brazil).

The Stock Exchange frowns on long, voluntary suspensions. It takes the view that investors should always be able to sell unwanted stock, even at very bad prices.

The Stock Exchange suspends trading

This usually heralds very bad news, although suspension can also be the Exchange's only effective sanction against a company which persists in breaking its rules.

Shares suspended by the Exchange find it hard to return to a full listing. Sometimes the company in question has gone bankrupt. In these circumstances, shareholders just have to grit their teeth and hope something emerges from the gloom.
woodpecker760
Posts: 201
Observation
Opinion:No Opinion
Price:1.08
View Thread (5)
The 6 month lie
20 Mar '15
Don't be fooled by the scaremongering of some regarding automatic delisting of a company following voluntary suspension after 6 months. This only relates to a failure of specified requirements. See below

http://www.investorschronicle.co.uk/2011/09/08/your-money/you-re-suspended-wAcfAyKqDVQIxvIGG7A3eO/article.html

Since the launch of the Alternative Investment Market (Aim) in 1995, more than 3,000 companies from across the globe have chosen to join the London Stock Exchange's (LSE) international market for smaller companies. The total number of companies on Aim grew from 10 on 19 June 1995 to 1,694 at its peak in 2007. Yet Aim's success has also been its undoing. In 1999 and 2000 Aim was awash with investment companies, commonly known as 'shells' which had nothing more than a germ of an idea for a particular investment arena. Many of these shells were dragging their heels and failing to make suitable investments and this began to tarnish Aim's reputation.

So new rules were introduced in 2005 to combat the problem of inactive shell companies. An investment company must now raise a minimum of £3m in cash on or immediately before admission; it must make an acquisition within 12 months of its admission to Aim; it must exceed 50 per cent in each of the relevant class tests and, finally, it must file its reports on time.

A company's shares are automatically suspended if it is unable to make an investment within the one-year time frame and then, if after a further six months it still has not made any investments, its admission is cancelled. Likewise, a company that is unable to file its results on time also has its shares suspended.

Partly as a result of these rules the number of companies on Aim has dropped. At the end of March 2011 there were 1,174 companies with a total market value of £82bn – 30 per cent fewer than at its peak. And the total number of international and UK companies admitted to Aim each year has been dwindling; 519 companies joined in 2005, compared with just 102 in 2010.

A date can be agreed in advance when relisting will occur and I believe that has happened.

http://www.investopedia.com/terms/s/suspended_trading.asp

Suspended Trading
AAA |
DEFINITION of 'Suspended Trading'

A stoppage in the trading of a security for an extended period of time that normally occurs when there is a lack of material financial information on the security. Once the security is suspended, shares of that security cannot be traded on the market until the suspension is lifted or lapses. The exact amount of time for the suspension will be determined on on a case-by-case basis.
INVESTOPEDIA EXPLAINS 'Suspended Trading'

The SEC has the authority to suspend the trading of a security for up to 10 trading days to protect investors. The SEC has this ability under Section 12(k) of the Securities Exchange Act of 1934. The SEC will make the decision to do this based on an investigation and will then issue a press rel
SAUSAGEFINGERS
Posts: 1,553
Off Topic
Opinion:No Opinion
Price:1.08
Shwmae
20 Mar '15
'it's a disaster dahling!'
Shwmae
Posts: 822
Off Topic
Opinion:No Opinion
Price:1.08
Stuee/dufc
19 Mar '15
Hi guys....what are your current thoughts on everything BMR? Respect to dufc, he did try to warn us by questioning old management many moons ago!!
OdeurdePenguin
Posts: 1
Off Topic
Opinion:No Opinion
Price:1.08
MA's dissolved companies
19 Mar '15
Has anybody seen the dismal track record of MA's dissolved companies ? No profit anywhere
as far as I can see. He seems under the illusion that he was some sort of business man, either that
or a cunning tried and tested operation of raising funds from nieve shareholders on the back
fairy tales.I don't buy the illness story and would be happy to join forces with shareholders in any investigation
of him, his associates, family or past auditors.
West
Posts: 260
Off Topic
Opinion:No Opinion
Price:1.08
Nedd
19 Mar '15
I was just trying to work out some rough idea what revenue may be per tonne. Hope the review has shown the most viable processing route BMR should take, once processing procedure is sorted, AB should be updating shareholders.
I have appreciated you taking the time & sharing your knowledge, the deal for the first three dumps (57..21&22) I have
looked back over RNS data, MA changed the info... how much was supposed to be paid....when & to whom....I will wait for the accounts release RNS but will ask BMR for confirmation of some so called facts put out by MA & team.
I am waiting & hoping for some positive news to be released, which with processing should lead to a viable future for BMR.

Thanks again for your input.
modsa
Posts: 2,165
Premium Chat Member
Research
Opinion:No Opinion
Price:1.08
Zinc
19 Mar '15
Mining weekly says zinc deficit growing which should be good for us, if we ever get this company on the road again!
Nedd
Posts: 68
Observation
Opinion:No Opinion
Price:1.08
View Thread (3)
RE: BMR RNS
19 Mar '15
West, I guess if you've got the patience to crawl over past Annual reports you may be able to work out what everything cost. All the transactions are shrouded in accountant speak. You have to one of this breed of folk to understand what's going on
I can make out that dumps 57 & 21 were bought sometime around 2005/6. Their worth - I've no idea. All depends on a hot shot metallurgist finding the right treatment process - could be problematic costwise. Nothing yet done in this department from what I can see. Lead/zinc grades look OK, so there's potential.
What's 50% mixed lead zinc concentrate worth ex Zambia? At present metal prices; after trader's discount (70%?), transport to a smelter and processing (a lot - lets assume $400 plus per t), you'd be lucky to see $220 for every ton shipped.
sercher70
Posts: 808
Off Topic
Opinion:No Opinion
Price:1.08
Re:so/lastone
19 Mar '15
Agree up to a point. However does not hurt to discuss methodology of possible action/s. Not a bad idea to have some idea of what an action plan may need to consist of, done in a cool rational way. Slowly slowly catchee monkey





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.