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Resources analyst Charlie Long sees good times ahead for uranium Watch here

Resources analyst Charlie Long sees good times ahead for uranium


BMR Group PLC Share Chat (BMR)



Share Price: 5.00Bid: 4.75Ask: 5.25Change: 0.00 (0.00%)No Movement on Bmr Group
Spread: 0.50Spread as %: 10.53%Open: 4.875High: 5.125Low: 4.875Yesterday’s Close: 5.00


Share Discussion for BMR Group PLC


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Richi1414
Posts: 96
Off Topic
Opinion:No Opinion
Price:5.00
RE: Ball
Thu 21:49
Could be we got to good a deal in the first place and they wanted to renegociate. Now it's who blinks first.
Anyway, I am in till we have the full plant. On the plus side, its reduced my daily funded bet charge on my IG account
 
BringMyReward
Posts: 825
Off Topic
Opinion:No Opinion
Price:5.00
RE: yard re RNS
Thu 17:04
Giving them more time is unacceptable, I don't think it would solve anything and we would just be waiting another month for potentially nothing. Time to cut ties if the don't pay tomorrow. How many months have they had already? How long before it starts to put us further behind on the plant build? Sort it out Alex!
3cardbrag
Posts: 2,184
Off Topic
Opinion:No Opinion
Price:5.00
yard re RNS
Thu 16:53
ACI have until 26/5 to come up with the goods and Alex has promised an RNS by 26/5 at the latest so I suspect we're looking at close of play tomorrow. Hoping all ok but as we seem to be going right to the wire, I SUSPECT WE WILL EITHER BE LET DOWN OR GIVING THEM MORE TIME.
BringMyReward
Posts: 825
Off Topic
Opinion:No Opinion
Price:5.00
RE: yaardvark
Thu 16:35
Exactly, the problem is with ACI not BMR. If we don't get the money by close of business tomorrow, then I say we ditch the ACI deal and go with one of the others. But Alex needs to act fast on signing the next deal. We can probably wait a little while longer before we actually need money anyway. I just think ACI have had long enough, tomorrow could be the day we walk away from them.
KlueLoss
Posts: 1,891
Off Topic
Opinion:No Opinion
Price:5.00
ACI Drawdown
Thu 16:33
If BMR have requested a drawdown then they must've met the "milestone" in order to do so.

It's ACI not keeping to their end of the deal and struggling to get the money from the various avenues they need to.

Any future financial agreements should be water tight, but somehow I don't think Borrelli would want it it too black and white as he likes to keep shareholders guessing and uncertain about how BMR achieves its ambitions.
FireballXL5
Posts: 1,024
Off Topic
Opinion:No Opinion
Price:5.00
Ball
Thu 16:32
in ACI court I would believe. If ACI had the money requested and by all accounts they don't, as it took a knock on their door to promise funds by the 26th. If they are employing a syndicated finance deal then all probably was ok at the time. I don't believe Alex would request if our milestones had not been met.
EricDraven
Posts: 22,558
Off Topic
Opinion:No Opinion
Price:5.00
yaardvark
Thu 16:13
Yes, those are also my thoughts on the matter. Let's see what Alex tells us though.
EricDraven
Posts: 22,558
Off Topic
Opinion:No Opinion
Price:5.00
ChimeyBleue
Thu 16:11
We can't deliver anything on schedule without funding to do that, so I don't know what ACI may have expected of us. No point in theories though, we will find out shortly.

Cheers Chimes.
yaardvark
Posts: 531
Off Topic
Opinion:No Opinion
Price:5.00
RE: Still
Thu 16:06
WB money has been sorted a while back, this is nothing to do with that or any criteria BMR haven't fulfilled, we are just waiting now...
ChimeyBleue
Posts: 820
Observation
Opinion:No Opinion
Price:5.00
RE: RE: Still
Thu 15:58
So jam, what would you guess might be missing? We've had plenty long enough to deliver whatever is needed.

I'm not overly into conspiracy theories, but wasn't it Stuee on iii saying ZEMA would just drag their feet on approval in order to keep getting WB cash. Maybe that's the reason.

Hope ACI come good, but either way, down to the wire again.

Cheers




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