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BMR Mining PLC Share Chat (BMR)



Share Price: 4.25Bid: 4.00Ask: 4.50Change: 0.00 (0.00%)No Movement on Bmr Mining
Spread: 0.50Spread as %: 12.50%Open: 4.375High: 4.375Low: 4.25Yesterday’s Close: 4.25


Share Discussion for Bmr Mining (BMR)


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fsstback
Posts: 142
Off Topic
Opinion:No Opinion
Price:4.25
Klueloss
Mon 17:10
Thanks buddy...

Hoping they get the show on the road..

fsst
 
KlueLoss
Posts: 1,311
Off Topic
Opinion:No Opinion
Price:4.25
fsstback
Mon 16:32
Within 60 days once we actually start the approval process. We are not at that stage yet.

RNS 25/06/2015

'The Company has contracted JA Consultancy, based in Lusaka, Zambia, an Environmental Specialist organisation, to prepare, present and assist in securing approval for a further Environmental and Social Impact Assessment (ESIA) from ZEMA (Zambia Environmental Management Agency).'

Zinc has been dropping nearly 10% off recent highs to add to our woes. Not that the price will matter until we actually have a fully functioning processing plant.

No dates given in RNSs to cling onto so a case of waiting and waiting some more.
EricDraven
Posts: 17,048
Observation
Opinion:No Opinion
Price:4.25
fsstback
Mon 16:29
There's your answer. Doesn't look like anyone can be bothered does it? Pity, but I think it's fair enough, as we are all waiting for the next news and our enthusiasm appears to be minimal, considering prior turmoil. We need more upbeat news here now and in the absence of such I feel that is what is keeping us from posting.

I can't recall a timescale for ZEMA being mentioned, but I wasn't at the AGM unfortunately. It's a question of waiting it out. At least we know they were working on the pilot plant design, but not sure which stage they are now at with it. I'm sure if it had recently been finalised and the plant prepared ready for it to swing into action, we would have had an RNS. Perhaps we'll be hearing something positive from AB after the latest Greek tragedy is out of the way.

Sorry I couldn't be of more help, but I thought at least your post warranted a response.

Best wishes.
fsstback
Posts: 142
Off Topic
Opinion:No Opinion
Price:4.38
CONTACT
Mon 10:50
Hi All

Has anyone had contact with the BOD?

I assume the next thing we are waiting for is approval again from ZEMA with the updated/proposed process to move this forward...

Of course the waiting time is as long as a piece of string..

Thinking back to the AGM and any comments made by the BOD... Does anyone recall an idea / time frame for when they aim to have ZEMA approval - ie.. realistic aim - not " We want approval yesterday"

Also... Is there any other news that i have forgotten about?

Fsstback
BonVivant
Posts: 546
Off Topic
Opinion:No Opinion
Price:4.38
banana_fritter
Mon 08:54
but you can roll it in glitter ! :)
EricDraven
Posts: 17,048
Off Topic
Opinion:No Opinion
Price:4.63
3cardbrag
Sun 19:16
Yes, just to be clear, I mean only getting more people interested, as in normal investors out there, with the current amount of issued shares remaining the same. I don't mean more shares to be issued to new investors. I can't see how any interest in the usual way would be a bad thing. If folks want our shares, it will push up the sp, without dilution occurring. I agree with you on the rerate front, but I feel news will have to be that we have either finally become a producer or our other written-down assets are miraculously proven to be worth a bundle after all. Lol. Never say never eh?

Regards.
3cardbrag
Posts: 830
Off Topic
Opinion:No Opinion
Price:4.63
Eric re new shareholders
Sun 18:57
I would like to think that we could hopefully get there without the need for new shareholders. Bringing new investors in only serves in my experience to cause dilution to existing shareholders who are trapped at higher averages. Granted, buying demand pushes up prices, but surely a re-rate would swiftly follow successful production/profit without significant buying pressure. We live in hope.
EricDraven
Posts: 17,048
Off Topic
Opinion:No Opinion
Price:4.63
banana_fritter
Sun 14:50
I agree. We all got stitched up by MA, except for those in his inner circle at Derby Street. I'm only concentrating on the fact that the Company must have been worth saving. There is obviously real value in the dumps and it now looks like they can be processed. Have to see, but very difficult to be optimistic again until we see proof. It doesn't matter that AB may have been stunned by his findings here, what matters is how he can now get BMR into the good books of the market, so that potential shareholders start to become interested.

Cheers 'nana.
banana_fritter
Posts: 166
Off Topic
Opinion:No Opinion
Price:4.63
View Thread (2)
RE: banana_fritter
Sun 10:01
Cheers Eric.

Truth is given what happened posting on the boards seems utterly pointless. We were so close to utter disaster and still are nowhere near safe - hence the current sp.

In hindsight what were we thinking? The majority (including me) got caught up in the Aston for Christmas 10+ bagger mantra caused by MA's bs. We should have been thinking:

"You can't polish a turd".
EricDraven
Posts: 17,048
Off Topic
Opinion:No Opinion
Price:4.63
3cardbrag
Sat 15:22
I'm not the most technically gifted person to answer those questions. That's putting it mildly mate. My thoughts are that a pilot plant is obviously smaller scale than a full processing plant, but not certain if it's a case of simply installing more of the same processing equipment, or having to physically build a larger framework for the plant altogether. We don't know the actual design do we? Only that Jeremy and the guys were working on it. Have to see. That's all we can do. At least we know that they have the method of production sorted, it works. Just needs to be optimised for the plant and all being well, away we go.

Hard to get excited though yet. More news required I reckon.

Cheers matey.





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