Early days yet. The RNS gives further food for thought. Shows there will be more gravy once we are up and running. We are above 8. Higher than warrant price of 7. Let us see how close to 9pm we can get to before Friday's close. No pleasing some folk - we all should be aware that the big numbers will not be here until production - Q3 at earliest. Longer term 2020 should see the numbers hit great heights as new assets are being processed. Do not be expecting your £1 a share for a little while. Back to bed now for me. Take care all.
Still creeping up overall since the warrant cut-off date though. Bit of a violently swung blip today (yesterday now), but I feel the news anticipated was that of Kabwe, and although it was a decent RNS, it was not regarding the project that matters at this time. Portugal is one for the future, Kabwe is for the present. The next Kabwe update will therefore hopefully get the sp back on the upward road again.
? BMR Mining PLC ("BMR" or the "Company") Land & Equipment Lease Update
Following a review of operations by the Company at Kabwe, the Directors have now determined that the location of the initial Pilot Plant should be secured for the medium term and also under the Company's direct control, and they have therefore decided to construct the operational plant on the Company's own land at Kabwe. As a result, the Company will not be proceeding with the leasing of land and equipment from Sable Zinc Kabwe Limited announced on 28 September 2015. Whilst the Board is continuing to finalise the specification and costing of the operational plant, it does not believe that this decision will have a material adverse impact thereon.
Alex Borrelli, Chairman, commented "This decision reflects our focus on constructing a fully operational pilot plant that is capable of generating revenues for the Company."
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