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Berkeley Mineral Resources Share Chat (BMR)



Share Price: 1.55Bid: 1.50Ask: 1.60Change: -0.025 (-1.59%)Faller - Berkeley Min.
Spread: 0.10Spread as %: 6.67%Open: 1.575High: 1.575Low: 1.55Yesterday’s Close: 1.575


Share Discussion for Berkeley Min. (BMR)


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Kiwi_
Posts: 5,423
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.70
Dufc
22 Sep '14
No email?
 
Shwmae
Posts: 531
Off Topic
Opinion:No Opinion
Price:1.70
typo
22 Sep '14
need to
Shwmae
Posts: 531
Off Topic
Opinion:No Opinion
Price:1.70
Re: NCK
22 Sep '14
It wouldn't surprise me one bit, that's why I asked him reign it in and wait for news instead. I knew this would be the result...we don't need damage our own investments do we?
Smudger75
Posts: 450
Off Topic
Opinion:No Opinion
Price:1.70
View Thread (2)
RE: NCK
22 Sep '14
people like that don't do shame I'm afraid!!!
frey
Posts: 2,425
Observation
Opinion:No Opinion
Price:1.70
View Thread (2)
NCK
22 Sep '14
I hope people aren't selling as a result of Dufc post if so you should be ashamed Dufc
NatCoalKing
Posts: 2,276
Off Topic
Opinion:No Opinion
Price:1.73
The squeeze is on
22 Sep '14
No surprise after the weekend's debacle. Look after your shares as people are after them.
doubleorquits8
Posts: 236
Off Topic
Opinion:No Opinion
Price:1.73
Progress is Goooood
22 Sep '14
Copper:
December 2013:
Berkeley Mineral Resources (AIM:BMR), the AIM listed resource company engaged in the processing of tailings dumps in Zambia, is pleased to announce that construction of the copper cementation plant at Kabwe is now complete.
A dry test has been run on all aspects of the plant and the Company is now water testing all pumps and motors at operational pressure. This will be followed at the beginning of next week by the proof of concept testing with the resultant trial production using acid leeching and cementation.
Masoud Alikhani, Chairman, commented:
"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".
Lead and Zinc:
DFS concluded an achievable Internal Rate of Return of 197% on processing and sales of the washplant tailings. These have a net value of £18m to NMR – nearly our current market cap – so no value in our share price attributable to the unmined resources, other tailings or all of the acquired copper tailings worth billions.
See page 5 of the below link:
http://www.bmrplc.com/files/9813/7848/2874/Executive_Summary_of_the_DFS_for_the_WPT.pdf
"BMR is not surprised that this final public meeting has so convincingly approved its processing proposals at Kabwe. Since first securing the tailings on the Kabwe mine site, the Company has consistently stated that, in addition to optimising its commercial benefit, it intends to process its tailings and still-to-be-mined underground resource assets at Kabwe with the integral aims of reducing pollution, competently clearing and remediating the site and providing employment for the local community.
Wassatt
Posts: 30,128
Off Topic
Opinion:No Opinion
Price:1.75
Patchy
22 Sep '14
Let's just hope that BMR issue something positive then, and before we drop any further....
I think that we have been frustrated enough here and deserve better....
valencia
Posts: 10,555
Off Topic
Opinion:No Opinion
Price:1.75
Communication
22 Sep '14
Morning all - hope you all had a great weekend. I did :)

If anyone associated with bmr thinks patchy communication is a prolem unique to us, take a peek at today's effort from Tesco!

Have a good day.
doubleorquits8
Posts: 236
Off Topic
Opinion:No Opinion
Price:1.75
A lot is going on
22 Sep '14
At BMR behind the scenes and news will be released when appropriate. In the mean time consider what BMR has achieved...

I heard BMR has £Billions of assets under ownership, has proved an incredibly profitable return on capital employed and that it can be processed. We have plenty of cash in the bank to meet current cash burn, we have NO debt, we have all licences and approvals for production to commence, we have a JV for finance requirements with Hunan (Chinese), we have got all of the locals behind us, we have Mark Wainwright (MD of mining and metals for Turner and Townsend), we have Horacio Furman (renowned for expertise in working with the Chinese), the last few bits to slip into place now. LET BMR CONTINUE WITH THE GOOD WORK THEY HAVE ACHIEVED AND HAVE PLANNED TO TURN RESOURCES INTO CASH.



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