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ASCENT RESOURCES: Gas flows mean cash flows to develop up to 15 wells


BMR Group PLC Share Chat (BMR)



Share Price: 2.075Bid: 1.90Ask: 2.25Change: 0.00 (0.00%)No Movement on Bmr Group
Spread: 0.35Spread as %: 18.42%Open: 2.075High: 2.075Low: 2.075Yesterday’s Close: 2.075


Share Discussion for BMR Group PLC


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MinorMiner
Posts: 3,361
Observation
Opinion:No Opinion
Price:2.075
RE: Although
Today 05:16
aw2414 - you nailed it!

'Whilst I don't have much confidence in the management, I do have a lot of confidence in the asset.'
 
EricDraven
Posts: 24,372
Off Topic
Opinion:No Opinion
Price:2.075
DShox
Sat 23:05
I see. Fair enough that, and you have obviously been correct in getting out prior to what is currently an awful situation.

We will not be privy to whether our experts have come up short in the lab, not accounted for longevity of plant etc, but yes, although the JLP deal is coming at a huge cost, if such expertise means an operational, revenue producing BMR, then so be it.

Good luck with your other investments.
BringMyReward
Posts: 1,859
Off Topic
Opinion:No Opinion
Price:2.075
RE: DShox
Sat 16:50
Not sure what the worry is really. Even if BMR's process does not work, JLP should be able to tweak it, or redesign the plant if necessary. Either way they will get the plant built and producing.
BringMyReward
Posts: 1,859
Off Topic
Opinion:No Opinion
Price:2.075
RE: Aimee
Sat 15:31
You'd think this will be higher by the AGM, and even higher by March/April. Depends what happens I suppose. Is there already a plan in place for JLP to buy us out by then?
DShox
Posts: 3,178
Off Topic
Opinion:No Opinion
Price:2.075
RE: DShox
Sat 15:25
I left after I got nervous on ACI funding. I'm wrapped up elsewhere at the moment and so plan to see those into fruition for now. Placing volatility aside at BMR, personally I need clarification on the route to Kabwe development and that includes the planned process, the latter because of what I've been told. There is a possibility that the JV provides the resource to ensure that the lab tests fully considered the effects of prolonged material feed, end-to-end, and how the build of deleterious material in the ppm effects the process. For the type of process here, that is very important. Dropping in initial and intermediate feeds into test tubes proves the chemistry and to a limited extent the process, but maybe to robustly enough.
mikebassetts
Posts: 1,983
Off Topic
Opinion:No Opinion
Price:2.075
RE: Aimee
Sat 13:02
you can't tell with AB but i don't think he would want the share price to be at this level or god forbid any lower come AGM time,and that's just two months away..
BringMyReward
Posts: 1,859
Off Topic
Opinion:No Opinion
Price:2.075
RE: Aimee
Sat 09:20
You could always buy those 200k shares you wanted, that would bring your average down to just under 4p. If a takeover bid came through, surely it would be 4-5p at the bare minimum.
BringMyReward
Posts: 1,859
Off Topic
Opinion:No Opinion
Price:2.075
Aimee
Sat 09:16
It's not all that bad. Over the next few months we might get news on WKS, litigation money, V EPB / JORC. Our JV will be signed off by Feb. December is usually a good month for stocks, Nov not so good. I'm expecting a rise within the coming weeks.

AB has a bit more skin in the game, and now JH is in too. AB will want this to reach production because that will benefit them the most. He will need to pull his finger out to keep us afloat and to stop a lowball offer coming in... Keep the faith!!
aw2414
Posts: 21
Off Topic
Opinion:No Opinion
Price:2.075
RE: Although
Sat 09:04
Whilst I don't have much confidence in the management, I do have a lot of confidence in the asset. The sp may well drift down to 1.50, which whilst annoying is not a reflection of the true value, which I believe will be recognised in some form through 2018. Management, whilst not the best, are not paid a huge amount of money in the overall scheme of things, and there has to be someone to turn the lights on and off each day. Although they are fairly loaded with options, at around 7p from memory. Hopefully the complete processing of the tailings will be run by LC from JLP who at least knows his stuff, removing AB from the actual operational side of things.
aim-sickness
Posts: 490
Off Topic
Opinion:No Opinion
Price:2.075
I would also
Sat 06:02
Love to know what happened to our 'Site Manager'. I can only assume most of his days were sat in the local cafe scoffing breakfast cobs with egg running down his shirt...




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