Berkley Mineral Resources PLC have a strategy of processing tailings at former mines as a mineral processing company. Their main focus at current is the extraction on zinc and lead from tailings Dumps in the Kabwe mine in Zambia.
Thanks for your time and notes. Definitely seems to be some confusion then regards can we or can't we announce there's an AGM. I can't imagine we'll be able to announce an AGM until accounts are straightened out and material concerns are dealt with. AB text to yourself seemed to be a little bit of a 'yes, I am aware that AGMs are supposed to happen annually' rather than a confirmation. Can't see an AGM announcement whilst the £4.3m anomaly still exists, will need rectifying and the announcements can commence. It's okay talking up company prospects but until that's resolved I don't see much else happening until BMR and AB announce that the accounts are sorted.
Suspension will be lifted, IMO
I think it comes down to the Company informing us of what it has at this moment in terms of actual live projects, current assets, and a future plan. All of which should be known, and, more importantly, the shareholders should also know. I believe it to be a good time now in which to relay this clear picture. It will certainly remove any doubt one way or another, which will assist us in managing our own investments, if and when trading recommences. Sounds obvious and simple enough to undertake. Cheers guys.
RE: DFS - Flow sheet
Cheers Seismic Another thing I suppose to bare in mind is that everything was worked out using $1800 as the per tonne price also it does say within the report that resource volume could increase by 20% or more (unverified). If they can just get the right investment I think it's a nice earner. I thought the Copper Plant would've been as well mind.
West, BMR are focusing on Lead and Zinc right now, not sure about long-term
Lewis7 I hope you do not mind me asking questions,not trying to trip you or anyone. RW said important ALL assets are in Kabwe, does management see no future in Ndola & other jv? Have any of the copper tailing & ore projects away from Kabwe been dropped? I do not want to keep calling BMR, if anyone else calls please could you find out ref. non kabwe projects?
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.