"Finance...... Have you thought why books maybe being checked?"
Yes I have, several reasons for the books to be checked.
1. Bookkeeping exercise, checking the companies financial status and performing some DD for piece of mind and not trusting the previous owners records. 2. Check on current financial status to see when or if we are likely to require a cash call. 3. A question has arisen such as 'why didn't we just start the copper production?' which lead to more questions and finally forcing a look at the books. 4. A potential suitor or investor has shown an interest but in order for them to commit or even look at investment they want to know BMR has no outstanding issues and getting into bed with them will have no nasty surprises. 5. Current investors and warrant holders want to know what's happened to their money they invested and upon closer scrutiny by AB he has found something and would like to investigate further. 6. A bonafide financial irregularity that requires attention before BMR do anything further. 7. AB is stalling for time to try and prop up the SP and this was one of his remaining options. 8. Many other possibilities, I'm not armed with the facts so I just have to go all out throwing 5hit at the wall to see what sticks.
"If you were ab How would you done this any different?"
I'm not criticising what AB has done, whether he has chosen to do it for the good of the company or not is the question that troubles me most.
Whether he chose do this or was forced to by noticing the anomaly I remain unsure. If we believe that AB and WH Ireland have suggested that they intend to ensure transparency in future RNSs (Why this wouldn't be the case anyway is beyond me) then by that I am inclined to believe that this is a genuine 'material concern'. Hence the need for involvement of independent accountants and lawyers.
I believe that the company needed a shake up and don't buy into MA resigning due to ill health, people generally retire due to ill health. Alikhani appears to be alive and kicking.
Now, the only thing I will say, if we are involved in talks with potential co-financiers and/or other potential investors as indicated in RNSs previous to the involvement of AB they may wish to run a fine tooth comb through BMR and without drawing attention to their interest in BMR/EPL. I find it a little far fetched and too exotic for my mind to entertain the idea that's what could be happening.
I don't recall forecasting anything with BMR, only mulling over the 'maybes' while trying to stay positive. I've said nobody knows what will happen, only what should be happening, based on the RNS news. It is only my opinion, as I do iterate. For those who really know me, they understand I don't have any motive, I am not suggesting this will be brilliant, or in fact, utter crap. I am naturally hoping though, that it will be the former. I have faith it will come good, based on assets, licences, environmental clearance and no current debt or hurdles of authority to now slow the Company's progress. There is much ground to be made up for the past under MA, insofar as communication goes, so naturally, I focus on where we are with progress on the ground, and must trust that AB can make a better job of mirroring our representative assets, via newsflow, into sp value for us. I hope, but don't know for sure. I think this applies to many of us still invested.
Anyone outside of the Company itself who says that they know what 'will' happen is, I believe, kidding themselves. We can be positive, negative or neutral in our outlook here, but we are all in the same boat, in that we remain largely in the dark.
Finally, I am neither trying to bring people into the share, nor drive them away, only that many long-termers, myself included, are way down on our investments here, so I am trying to assist genuine holders who are presently struggling, nothing more. As I have said previously, we are each responsible for our own investment. Nobody else should come into the decision-making process when it comes to each of us either buying, selling or holding. It's the choice of the individual only, not the collective. It doesn't however mean that we can't offer our support to fellow investors, especially in light of those who turn up on the bb with the sole intention of attempting to undermine confidence and derail that investment.
Your paid Peanuts or Monkey Nuts, so keep Bashing away, who would waste their time on a bb they are Invested in. I won't call you a Clown, as they are Funny. Now throw your bestest best, Bashing Post. As I need a laugh.
Hope you lot are enjoying your Tiffs. Still no-one knows what is to come out of this and still across AIM land there will be positive and negative people all battling away , tick tock , get it all off your chests , it'll either make you feel better about yourselves or just plain knackered and not interested till that little red dot appears and then it all starts again.
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