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Berkeley Mineral Resources Share Chat (BMR)



Share Price: 1.325Bid: 1.30Ask: 1.35Change: 0.00 (0.00%)No Movement on Berkeley Min.
Spread: 0.05Spread as %: 3.85%Open: 1.325High: 1.325Low: 1.325Yesterday’s Close: 1.325


Share Discussion for Berkeley Min. (BMR)


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nubie1
Posts: 2,447
Observation
Opinion:No Opinion
Price:1.33
Ljc
6 Apr '14
How better to pit (get it ) them up against each other . Which would win??

One who is hungry for assets or one who can provide the supply demand and production and sell to who ever they choose nearby who already has an interest.

Agree wassatt Isa top ups will be steady , just reread warren b quotes !!
 
Wassatt
Posts: 27,840
Off Topic
Opinion:No Opinion
Price:1.33
View Thread (3)
RE: Just a thought.
6 Apr '14
It would be nice to know which direction MA sees this going. I wonder if he has an end play already in mind ?????
Secondly
Will tomorrow see a flurry as the new ISA year starts...??????
ljchandler
Posts: 18,464
Off Topic
Opinion:No Opinion
Price:1.33
View Thread (3)
Just a thought.
6 Apr '14
MA " ok mr glencore we will allow you to store all your tailings within out license area and will work with you as long as once we have everything in place you buy us out for a fair price, otherwise we will sell to the Chinese"

I can't see glencore wanting the Chinese at kabwe or another major. Unless they also plan on selling the sable zinc plant at some point?

Just some musings.
ljchandler
Posts: 18,464
Off Topic
Opinion:No Opinion
Price:1.33
If you look
6 Apr '14
Where sable are dumping all their copper tailings (5187) you can see this is all within our license area. Would glencore be pleased if the Chinese took Bmr over?

http://www.bmrplc.com/files/5813/6679/6623/Tailings-Licence-area.jpg
ljchandler
Posts: 18,464
Off Topic
Opinion:No Opinion
Price:1.33
Frey
6 Apr '14
MA probably didn't bother lol
frey
Posts: 2,289
Observation
Opinion:No Opinion
Price:1.33
LJ
6 Apr '14
I was going had a couple of tickets but Masoud never replied to say they were attending,
Would have thought someone would have posted if they were there
ljchandler
Posts: 18,464
Off Topic
Opinion:No Opinion
Price:1.33
Frey
6 Apr '14
Not sure mate. I don't know anyone that was attending.
frey
Posts: 2,289
Observation
Opinion:No Opinion
Price:1.33
LJ
6 Apr '14
Do you know if BMR spoke at the investor show
ljchandler
Posts: 18,464
Off Topic
Opinion:No Opinion
Price:1.33
From EIA
6 Apr '14
http://postimg.org/image/p8cizjm4x/

MA did say they would be good neighbours.
ljchandler
Posts: 18,464
Off Topic
Opinion:No Opinion
Price:1.33
Posted by Wreker
6 Apr '14
Discussions are underway with one very important potential local supplier, Sable Zinc, EPL’s immediate neighbour, on the possible use of their tailings which are currently deposited at their tailings storage facility at a rate of about 10 000 tpm. The tailings are being dumped on the EPL’s property (Stand 5187) under the condition of a notarial lease entered into between Enviro Pro Limited and Sable Zinc. The feed that Sable Zinc uses is a copper ore that is imported from Glencoe’s operations in the Democratic Republic of the Congo. The resultant tailings from their Solvent Extraction and Electrowining processes are potentially a sulphide copper ore, as virtually all the oxide copper has been leached out. Visual inspection of this material and chemical analysis thereof by Sable Zinc, indicate that this material has a grade of ± 4-5% Cu (Sulphide – most probably bornite) and could therefore be a valuable ore supply, given their tailings output rate.
***************************************************************************************************
6.10.6 The No Mining Option
If the project does not proceed, Kabwe mine dumps will continue to be a health risk to the people in the area. The town will also lose on the economic benefits from the KLRP&CPP.
Based on the potential environmental impacts, positive socio-economic aspects, project viability and minimum 8-year life of the project, it is evident that the ‘no mining option’ cannot be successfully argued.
****************************************************************************
BMR's Activities will end up smelling of roses!

7.5.2 Closure Phase
At closure, all processing activities will cease and no water or effluent will be discharged from the facility. The dumps will be reprofiled and revegetated.
Phytoremediation, including landscaping and sustainable non-food crop farming, such as roses, which in recent studies have proven to absorb high levels of lead.

The final tailings material will be cleaner in terms of lead and zinc content.
Table 7-16 below shows the significance rating of surface water contamination during project closure after implementing the mitigation measure. The significance rating is predicated to be VERY LOW (12 - Negative).
*****************************************************************************************************

Additionally, various focus group discussions with the Kasanda Township residents were held in the month of October 2013 about the upcoming project. The key findings are as shown below:
• The community is requested for employment opportunities arising from the project to be extended to them;
• Illegal stone crushing on various dumps near the project area was presented to be one of their main livelihood activity;
• Residents expressed happiness that finally EPL has come along to recover the remaining lead in the dumps which has lead the people of Kasanda Township to live



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