Also just over the border to us in Zimbabwe is London Minerals, Its a warning what can happen on AIM - the shareholders are looking at a massive dilution IMHO. This is a post from their board. No I am not in it thank God. It went up 200% before suspension locking in everyone before dilution.
I hope MA can honour what he said in his last RNS.
quote from Lond investor -
Been invested long term holder since 90p recommend and all analyst had 100p+ targets, kept averaging down hence ended up with a huge holding. Never trade short term and had a view of holding 2-4yrs. Now was sitting on 90% losses, but did average down at 0.6p, was on 50% loss this afternoon and with Reuters article thought this had a buyout chance of 10p+...30min later it's suspended. What can a PI do? All analyst had 100p+ target even recently in Sep analyst had high targets. Can not shareholders get together and stop scam of admin pre-packs at £1 plus debt? Is this AIM? Hence will not trade AIM anymore...lost 100% now I don't do CFD, day trading or shorting, and just invest for longterm and invest in batches but still lose the lot. Seems like Germans, maybe shares will be never for me...maybe might as well play lottery...Anyone any help or idea what can be done? Shareholders group?
Hi mate, yea I weren't sure how long you had been invested and your post came across as having been here short term. Wow, March 2010, earlier than me. In hindsight, I was late getting into BMR and first bought in about 2.90 and topped up further as the share price increased. This share has been caused me a lot of grief, and as things stand I am well underwater at this current time. I can see much value here mind and will stick with it...., otherwise, I go down with the ship and the rest of the stubbornites. I have invested too much time and cash to bail now, and if the situation has not improved come AGM, I will making my feelings loud and clear to the BOD as many here will also. Hope to see you at the AGM. All the best
Ref your earlier post I am not a new investor I have been here since March 2010 and built up to 2.5m shares but I am down to half of that now. Incidentally the sp at the time was around 2p but I bought in chunks all the way up to 4p and I thought that was cheap given what MA was saying!!!! currently sitting on over a 50% loss.
The draw to this share for me was MA saying the metal is there ready to process will be easy and quick!!!!!!!- no need to mine and we will be helping to clear up one of the most polluted places on earth for the locals.
You can see now why this is like a millstone round my neck.
"Chimney" as in stack....lol. Hi mate, heard that 35pps mentioned a while back....Lupupa from memory....hmmmm....could it be a sign or an omen!! Is there anyway of making 666 out of 140487....Countdown enthusiasts please solve.....lol. 35pps, in our dreams eh :)
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