Does anyone have any information on the old Z&L processing operation that was run by SZK.(processed WPT I think) I did read some information on SZK, before they adapted the plant to process copper. I cannot remember if it was posted here or I came across it whilst trying find info. on acquisition deal that started with SZK ?
If the DFS flowsheet is our only solid business plan and we can find someone to help with the CAPEX its not exactly going to set the world on fire unless we see significantly higher figures, and I mean doubling of profit projections.
Consolidations always work on AIM by the way, in favour of shorters at least.
Oh, I forgot to say, if no JV then nobody has any faith in our prospects so I would get the hell out at the earliest opo. Sorry but it is common sense. There must be a good reason why we have not been picked up by other companies along the way. If the Chinese don't want to know, it is not good news IMO.
BF, for me the SP is too low to raise money, too near the nominal value. Unless there is outside money coming in for a JV, I agree a consolidation is likely. The last few fund-raisers have been priced so that the money boys get a quick in-and-out and a 10% for their troubles. Not a stellar endorsement of BMR obviously, but why would it be? The whole thing is a complete mystery thanks to our last CEO.
Exactly. Our minds are running amok, due to the absence of further facts via news. Understandable I feel.
Only time will tell though if even excellent news in this bearish climate will lift the sp, once the Company emerges from this temporary suspension.
I really hope so, but it depends if people are bothered with the markets at this time of year. We need some way for AB to release news in such a way, that maximum positive impact is achieved in the sp. But how does he go about that, in this climate, at this time of year? He waits?
Just my thoughts. I've recently had good news (a JORCed resource increase) on one of my other shares, BEM, nothing occurred by way of any uplift, then the sp has fallen away over the following week to much lower than the steady level it was at before the good news. I just can't believe it, and quite frankly, I'm finding it all very difficult to take now.
I feel the whole AIM situation is unbelievable. With good news, the price should increase, end of story.
I therefore wonder just what will occur with us here. I think the first thing would be to ensure somehow that the price doesn't fall further. How though I just don't know.
Only my view, but what we perhaps shouldn't do is blame the Company, or AB, if he releases outstanding news and the sp doesn't react as we would like. External forces are at play and the mms are revelling under these bearish conditions. News in some cases, seems immaterial. Just something to bear in mind. We have to be tough, keep our cool, and ride out whatever is dealt.
The cycle will change, but I don't know when. I only know that I don't want to sell for what would have been years of torture, culminating in a financial loss. That shouldn't be on any of our menus should it?
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