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Berkeley Mineral Resources Share Chat (BMR)



Share Price: 1.15Bid: 1.10Ask: 1.20Change: 0.00 (0.00%)No Movement on Berkeley Min.
Spread: 0.10Spread as %: 9.09%Open: 1.175High: 1.20Low: 1.15Yesterday’s Close: 1.15


Share Discussion for Berkeley Min. (BMR)


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NatCoalKing
Posts: 2,328
Off Topic
Opinion:No Opinion
Price:1.38
View Thread (3)
twoday
10 Oct '14
According to some, BMR has done naff all over the last few months so the cash burn would have been far less than normal. Results out at end of November will give us a better idea of where things stand rather than trying to second guess whether a "massive dilution" (lol) is on the way.
 
twoday
Posts: 38
Off Topic
Opinion:No Opinion
Price:1.38
View Thread (2)
RE: RE: Re: what is going on here....
10 Oct '14
during the testing progress, and the equipment purchase, i can see an accelerating money burning speed, say the rate is 150k per month before, now i assume it is at least 300k per month, if we cannot hear anything by the AGM. we need to see another dilution, considering the sp without production by agm, a massive dilution.
Smeghead69
Posts: 61
Off Topic
Opinion:No Opinion
Price:1.38
@Jeremiah99
10 Oct '14
Hi mate, yeah I've had a small punt on Oxus last month so fingers crossed it comes good. Re BMR its obvious they know squat about mining so once they get a reliable 3rd party to provide expertise and resources to actually process something then this share will eventually kick on but not for another 6 months at least imho.
Shwmae
Posts: 611
Off Topic
Opinion:No Opinion
Price:1.38
View Thread (2)
RE: Re: what is going on here...
10 Oct '14
Why would there be dilution now, when the last RNS states that they are reviewing proposals for co-financing from interested parties. An agreement potentially be in place very shortly, a matter weeks perhaps. Val, in your opinion, is dilution a likelihood considering what is on the table? Cheers
BillyT
Posts: 75
Off Topic
Opinion:No Opinion
Price:1.35
View Thread (3)
RE: what is going on here...
10 Oct '14
BMR has investigated all processing possibilities for its zinc and lead resources including:

Leaching;
Flotation;
Smelting and kiln; and
Multi-Gravity Separation Systems

"After undergoing EXHAUSTIVE metallurgical test works, utilising all the known extraction processes, Ascot concluded that the following broad metallurgical processes could be utilised on the tailings material at Kabwe." ie the DFS

However...........the testing continues?!!

What is going on here......... F Knows
Tuaathan
Posts: 624
Off Topic
Opinion:No Opinion
Price:1.33
Re: what is going on here
10 Oct '14
This now looks to like a classic continued slow walk down prior to a placement. I certainly hope I'm wrong.
valencia
Posts: 10,683
Off Topic
Opinion:No Opinion
Price:1.33
turtle
10 Oct '14
1 No
2 Yes
3 Dunno
twoday
Posts: 38
Off Topic
Opinion:No Opinion
Price:1.35
View Thread (3)
RE: what is going on here...
10 Oct '14
for a mining company without any real revenue, the main reason of the drop is the dilution and uncertain future plan.
turtle1984
Posts: 5
Question
Opinion:No Opinion
Price:1.35
View Thread (3)
what is going on here...
10 Oct '14
so, i was hoping that the bmr sp would really kick on following the recent approval, however the opposite appears to have happened now and seem to be back to square one.
is there an underlying reason for the drop drop drop?
is it time for a top up?
what next for bmr and the sp?
1digger
Posts: 518
Off Topic
Opinion:No Opinion
Price:1.28
View Thread (3)
RE: LJC
10 Oct '14
Kinell Val !!! you must have extremely deep pockets lol



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