This might be with us fairly soon. From the RNS dated 17/11/16:
"The appointment of Alfred H Knight, an accredited metallurgical lab in Kitwe has been accepted by the Minerals Consultancy Corporation (MCC) to carry out confirmatory metallurgical test work to meet the criteria for the JORC report."
And from the RNS dated 20/01/17:
"Current metallurgical test work by the accredited laboratory, Alfred H Knight in Kitwe, is intended to confirm the process for the economic recovery of V based on work already carried out by the Company for all three tailings dumps and to produce V2O5. It is expected that this will be completed during February 2017, whereupon the Company will commission MCC to prepare an upgrade of V in the three tailings dumps to a JORC Compliant Resource."
Hopefully, then, once Alfred H Knight has finished their work "during February" they can report their results to the MCC, who can then take that information as acceptable and issue the JORC.
Getting a JORC for the Vanadium will be fantastic news. Couple that with a new brokers note incorporating that information will be something to look forward to!
Ha Ha. The truth of the matter is BMR is the only decent stock on AIM as we have no risk of not finding enough metal in the ground or not finding enough oil in the sea. Let the 10 percent traders do their thing. I tried doing that, house always wins. But I think It takes those mistakes to realise that. Nothing is ever without risk but building a decent pile of shares in BMR is the best investment I know of.
I still need to remind myself even after all these years that AIM really isn't for day or even week by week trading. It's about being ahead of the game, understanding the story and 'how she move'. BMR I got and get. Build it and the herds will come. You'll be sitting back watching the bbs full of "why the rise", "wow I'm 10% up I can finally tax my 0.2 litre fiesta ecosport" and "placing must be coming" posts, just like everyone else that bought now.
Nice buy DShox. I think after the RNS the SP was bound to drop a little as thats the nature of the game. Now the SP has settled the larger buy are coming back in and the SP will rise from here. Its a bit of a 'whos going to start bying first' game from my experience.
Random night time contribution. In ref to a few earlier posts including my own, I bought around >15k pounds after the warrants and found that I pretty much single handedly pushed the Ask over 8p. Yes it's hard to sell. But it's damn hard to buy too. The best way I can characterise this stock - hard to sell and hard to buy. The days are coming, that I am sure. Will be accumulating slowly in the weeks ahead.
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