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Berkeley Mineral Resources Share Chat (BMR)



Share Price: 1.175Bid: 1.15Ask: 1.20Change: 0.00 (0.00%)No Movement on Berkeley Min.
Spread: 0.05Spread as %: 4.35%Open: 1.275High: 1.30Low: 1.125Yesterday’s Close: 1.175


Share Discussion for Berkeley Min. (BMR)


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evershrewd
Posts: 80
Off Topic
Opinion:No Opinion
Price:1.43
Top up time
7 Oct '14
Will soon be on us. Obviously SP is going to drop to about 1.30--1.35, then I shall buy another 500,000 and try and average out. Haven't given up on a 5p SP in time but it may be a long way off!
 
wageslave
Posts: 534
Off Topic
Opinion:No Opinion
Price:1.43
smudger
7 Oct '14
Exactly, so why are we not in production? This is why our SP is dropping away. No one believe's a word he says.
Not trying to slate my investment here as im heavily invested, underwater and have been here for 4 years and like most will grasp at any positives i can but this is getting harder and harder to do when MA backs up nothing he say's. That sets off the alarm bells in my head.
Smudger75
Posts: 527
Off Topic
Opinion:No Opinion
Price:1.45
MA's words!!!
7 Oct '14
MA's words, no one elses!!!

“BMR expects the plant to be installed and ready for commissioning to commence copper processing during the third quarter of 2013. Approximately £1m has been budgeted to cover the acquisition and commissioning costs.” – 12th June 2013

"Copper is a metal of world importance. However, unlike miners who have to explore for it, BMR has secured substantial above-ground resources in Zambia which are known, measurable and ready to process, without incurring the costs for either exploration or mining. We expect to have initial copper production at Kabwe in the fourth quarter with the other sites progressively coming on stream in 2014." – 26th September 2013

"Having secured considerable resources of Zinc, Lead and Copper, we are now looking to commence production at Kabwe shortly. We expect that initial production will be copper cement from copper oxide with processing of the other material following.” – 02nd December 2013

"We have now finished construction of the cementation plant and once testing has been completed next week we are ready to commence production using the oxide material. In 2014 we will bring copper sulphide and lead and zinc processing on stream". – 19th Decemeber 2013

“we now have the first plant built at Kabwe and ready to start production with the copper sulphide and lead and zinc processing at Kabwe expected to commence in 2014." – 23rd December 2013
In the meantime we are delighted with the impressive proof of concept results coming from the trials of our newly-installed copper oxide processing plant. We will be increasing our efforts in the weeks ahead to maximise the processed grades in preparation for commissioning of the plant and movement into full production". - 03rd February 2014

"While we await the receipt of ZEMA's final decision, I am very pleased with the thoroughness of the preparatory work that has been done at Kabwe. Our team is working very hard to ensure that we have everything in place to enable us to begin processing once we have approval." - 30th May 2014

"Whilst we await the receipt of ZEMA's final decision, we will continue to ensure we are in readiness to begin our processing plans once we have approval." - 11th June 2014

"We are very pleased to have been made aware that the approval of the project at Kabwe has been granted. Following formal notification we will look to commence processing as soon as possible." - 20th June 2014

"We are delighted to receive approval from ZEMA for our plans following their full review. From now on, our focus can and will be on commencing production. We will also be concluding off-take agreements for sales of the metals into world markets". - 19th August 2014

"Following the successful Proof of Concept trials which resulted in production of 92% grade cement from EPL's copper plant
mushty
Posts: 248
Off Topic
Opinion:No Opinion
Price:1.45
Not a bad update
7 Oct '14
LONDON (Alliance News) - Berkeley Mineral Resources PLC Monday said the final lead and zinc flowsheet design for the Kabwe project in Zambia is underway and said it expects to make a final processing decision soon.

The company said the simplification of the gravity flowsheet for the lead and zinc processing at the site is expected to outline a more robust and management process which will enhance the economic returns cited in the definitive feasibility study.

The company also said its Enviro Processing Ltd subsidiary has received a proposal for supplies of copper feedstock concentrate which would result in a substantial expansion of the copper processing plant at Kabwe.

"We remain clearly focused on reaching the position where we can order, install and put into operation the lead and zinc washplant tailings processing plant which will maximise Berkley's returns," said Masoud Alikhani, Chairman of Berkeley.

"Since receiving the ZEMA approval, we have commissioned the final studies and put in place the management resources to achieve this aim in the shortest possible time," Alikhani added.

Berkeley shares were down 3.2% to 1.5 pence on Monday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.
betts
Posts: 4,999
Off Topic
Opinion:No Opinion
Price:1.45
View Thread (5)
RE: Update
7 Oct '14
and the irony is the guy who was the loudest slater on here is now a disser.

now where did I put that Scottish ballot paper ;)
seismicboy
Posts: 1,211
Off Topic
Opinion:No Opinion
Price:1.45
View Thread (5)
RE: Update
7 Oct '14
What is even more startling is that some people can take all the BS like mother's milk and never have the gumption to question it as if it was planned to be like this all along. People that do question it are slated for dissing their own investment.
NatCoalKing
Posts: 2,325
Off Topic
Opinion:No Opinion
Price:1.45
Sable zinc
7 Oct '14
http://www.lusakatimes.com/2014/10/07/government-objects-plans-glencore-retrench-170-employees/

The saga continues, right on our doorstep.

The Government guarantees jobs there? How can they guarantee something that's not in their control? Very odd.

Anyway, perhaps with the ZG investigating further some snippets of BMR's master plan might come out of the woodwork.
1digger
Posts: 495
Off Topic
Opinion:No Opinion
Price:1.45
View Thread (5)
RE: Update
7 Oct '14
Smudger

You do have a point there !
charttopper
Posts: 767
Off Topic
Opinion:No Opinion
Price:1.45
Well
7 Oct '14
Not many people selling. If it goes any lower I think I will be topping up. Board seems to have gone very quiet. No Frey dufc !
Smudger75
Posts: 527
Off Topic
Opinion:No Opinion
Price:1.48
View Thread (5)
RE: Update
7 Oct '14
I think what people get fed up with is the

Will be producing in 013, err no make that Q1 2014, err no make that Q2 2014, err no we need ZEMA approval lets make that as soon as we get it...

Hey we got it!!!! We are producing small scale only but not going to tell you how much or who for. Actually we aren't producing. We will be soon!!!!

That's what people are fed up with



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