"In parallel, the Company continues to progress its activities at Kabwe and the directors are currently undertaking a peer review of the feasibility study for processing the washplant tailings in order to advance the project."
I am optimistic good news is coming our way soon, be it testing/plant/production/JV or financing!
Not many of us know each or have any financial involvement, so the I know you are honest or a scoundrel are said based on nothing,unless you catch someone out making blatant false statements. Some may have proof of other posters holdings,I do not. That is why, even when I have suspected a poster,I have not made anyallegations, because I have no proof. Calling someone a basher or a paid ramper,based on a few posts then disappearing does no good at all. Some imho come onto BB to gloat, others maybe,they see it as light entertainment & enjoy seeing other peoples investment destroyed & resulting pain inflicted.
Cannot stop them & will not be cowed or driven out by anyone. Whilst there is hope & a chance of success will continue,even if things turn nasty, I will try to find out if it was out of company control or instigated by some one. They keep saying chill out,I hope they do not mean outside,it's bloody freezing outside, what could they be thinking of & I am thinking they may have some ill intentions? Eric, Only a bit of sarcasm,I know very poor attempt. 1 out of 10?
Eric, You and a few other holders only seem able to see positive. You still seem to have the "Cannot happen to me" rose coloured specs on that I wore until the suspension lasted for more than two weeks.
There are a number of indicators (both historical and current) here that are really disturbing. That is why so many have pooled their shares, not because I am asking them to.
A mistake that you and others are making is you seem to believe I am in control of the group and manipulating it in some way. I am not. I never have been and never will be. BMR Watch is simply a focal point for very concerned shareholders of BMR, what the group does is up to the holders in that group, not me (but I do get to vote as everybody else does).
So now that the group exists..... What?...... You want us to just sit on our hands? Eric, you are promoting total submission and capitulation. You are actually saying you do not want a nominated representative of the share holder group to contact BMR - do you realise what that sounds like? You are trying to persuade the group to give up the right of simply picking up the phone to the company and asking questions! A right that every shareholder has!
That last RNS was a joke - it told us literally NOTHING. AB could of made a real difference with that RNS and set the tone going forward. He didn't, he missed a massive opportunity to get holders behind him IMHO. On another matter regarding AB with all of his 'current' positions, how much time do you really believe he dedicates to BMR? Please stop making the assumption he is here for the good of shareholders and working his rocks off on our behalf. He may be, but A) He will have responsibilites to his other roles and B) There could be all sorts of machinations going on where he has the interests of potential new paymasters as his main focus at BMR.
You will notice (did you notice I wonder?) that one of the polls on BMR Watch is regarding putting the group on a formal footing. I was going to post about this later and update the site simultaneously, but may as well get it off my chest now....
As it happens Eric, you may get your wish and the group may come to naught - as it looks to me on initial research of nominee accounts that effectively we have no rights at all whatsoever - yet again the little guy scr3wed by the square mile. Given your posiiton on all of this, I wonder if you think that is a good thing too?
It is an attractive stand alone project, however, it's not going to support a great SP particularly if BMR go down the route of placings, dilutions or warrants to raise the CAPEX to start the project. In the most recent RNS there is no mention of interested parties which I found quite disappointing but not surprising, a new leader may not be previous interested parties cup of tea or they may never of existed.... Or as you say they may have grown frustrated, just like most investors. Maybe they were willing to invest in a project by project basis and MA wanted it all gone lock and stock?
The revised flowsheet will have to be quite dramatically improved to justify the length of time it's taken IMO
Laffer, you have done a good job setting this site up for shareholders, no question. However, is it wise at this time to undertake a poll regarding BMRWatch liaising with our Company, while AB and his team are conducting an internal investigation? I'd rather shareholders didn't vote on such a matter, until at least the Company is given a fair chance to conclude the investigation and inform us when it has done so, setting out the next stage for BMR. End of January perhaps?
This, I feel, is not only a very sensitive time for all concerned, but the temporary suspension is also a delicate situation, and one which we should leave BMR to bring to fruition, without the added side issue of AB or Mark spending their time, at this juncture, in dialogue with us, should the outcome of the poll dictate a move for such action. Doing so could actually slow progress, which is what we all don't wish to see.
Only my thoughts, but I believe, because of the situation with which AB is presently faced, and him being newly in the role, the shareholder group polls are treading the fine line of becoming heavy-handed. You are mentioning the polls on the bbs, not only on the BMRWatch site, and members of BMR may be reading these posts. I am concerned that we may heap further pressure on the Company at the worst time possible, hampering any fine-tuning that may be occurring internally, and for our benefit.
I doubt you'll agree, but are the current polls the correct undertaking at this time? The danger is there, in my view, that shareholders could become consumed by this group activity and possibly forget how the land lies with the Company itself, the pivotal stage that it's at, and how AB has to focus only on the matters at hand.
We have had no negative news since the temporary suspension, AB has updated us recently, and clearly more time is required for him and his team to take us to the next stage, but more importantly, we want this to be hindrance free. I think we should therefore let him have the time to create our new beginning, without shareholders being overzealous at this particular point, which may only prove counterproductive, if the intention is to liaise directly with the Company while we are already under the tensions of this temporary suspension. Additionally, should the market pick up on any shareholder rumblings, I'm not sure this will be viewed too favourably.
We want to hit the ground running when the suspension is lifted, as clean as a whistle, with no black clouds hanging over us. Let's therefore not create any of our own doing. Let AB have the necessary breathing space.
The project will return the initial investment by month 10! Now iv not been in the game long but other projects have return on investment times multiples of this...
Now there must be interested parties wanting to JV this- this needs to be clarified by AB IMO as I reckon MA was playing hard ball and potential parties showed him the middle finger before walking off.
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