If a massive buy shows up after hours it will be good. Looks like many of us are getting the 'ump. Well, we have to try not to. The next news is what could now define our future, or are least make it clearer how we are to progress. Harking back to the Strategic Cooperation Agreement with Hunan, on the December audio MA mentioned the vast amount of geologists that Hunan has, and Hunan's interest in the mine. Tailings were not mentioned specifically, but the mine was. Hunan to finance BMR in future and for BMR to become a totally different Company. Also, MA did mention a possible dividend for shareholders if I remember correctly.
The point being, unless the Strategic Cooperation Agreement and the audio are a load of old horse crap, we now have to cast our minds forward and stop dwelling on today's sp, as dire as it is. There could be something massive on the horizon. Let's wait for the next news and then examine that. Hopefully some figures will be involved or at least enough substance to restore a bit of confidence for those of us who are currently experiencing a wobbly headed feeling. Most importantly though, MA needs to convince the market of precisely what is going on.
The real problem I'm sure is that there is a very large proportion of pi's in AIM many of whom are trading to make money, this results in volatility. Don't blame the mm's, blame us particularly those who trade with borrowed money. Always remember there is a reason for shares being cheap and usually it is because they are high risk/high reward shares. BMR falls into this category, so lie back and relax while waiting for them to come good, like me. But then I've only got 490k.
REM went from 1/2 p to 2p on an RNS. They have far more shares and are years away from revenue . Their resources are a fraction of ours !! MA has to now clearly give us a clear statement of future revenue profits and most importantly timescales. He's had plenty of time
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