Good afternoon, madam. The speed of drilling has been lamentable throughout. You will remember that 2 years ago, we were unable to drill at all due to our own blunders. Of course the current SP will, in time be seen as bargain basement, so a strong buy is warranted. The next 4 months will continue to disappoint us all. Clive may even halt drilling until concesssion is granted, in order to preserve funds. The last thing we need is more funding requirement at the current SP. ATB.
Don't forget we have an abundance of short term newsflow to come. Here's my prediction:
RNS 1 (December): We are currently clearing roads and drilling sites of snow and putting down some table salt.
RNS 2 (December): Due to the impending Christmas holidays we envisage commencing drilling operations as soon as practical in January.
RNS 3 (January): We are currently clearing roads and drilling sites of snow and putting down some more table salt.
RNS 4 (January): We have been informed by the local villages that they would like us to suspend operations for 1 month to allow the reindeer to wander.
RNS 5 (February/March): We are currently clearing roads and drilling sites of snow and putting down some more table salt.
RNS 6 (April): Drilling operations have commenced on a campaign of many hundreds if not thousands of metres.
RNS 7 (May): Due to underfoot conditions drilling will be suspended until more favourable winter conditions.
RNS 8 (May): Notice of agm and recommendation of re-election to the board of Mr Sinclair-Poulton for guiding the company through what has been a very busy time for all concerned. Having progressed the drilling campaign by a good few yards we would also deem it fit to raise the salary of the directors to make full use of the Lanstead placing/pi dilution.
RNS 9 (April): The company notes the recent rise in shareprice to 2p and can confirm that we are in discussions with Agricola which may lead to a bid being made for the entire BEM.L company at a significant premium of 2.5p. The directors unanimously recommend this very generous offer and confirm that they intend to take their places on the new board.
RNS 9 (May): Following a hostile takeover offer by a group of private investors (lse bemmers) the board of directors strongly recommend you ignore such an outrageous move and suggest you know your place sonny jim.
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