We have a new deramper on the block. I have come to realise its just people with their own agenda. Some just must get a thrill out of it. Some I wish I had listened. The wulf for one talked this down and was right. I think we will see a boost here but nobody actually has a crystal ball and really knows. I am still annoyed at the snail pace though
Why don't you give it a rest with the deramping. All of the genuine investors on this board (ie most of the regular posters know what you are. You obviously are not a BEM shareholder and only appear when our SP has had a down day to try to talk it down a bit so that you can make a couple of quid on your £10 spread bet.
Stop wasting your time and ours as this share is solid despite the MMs failed attempt to create a panic yesterday. I suggest you close out your short and save your pocket money to buy a few BEM shares and make a bit of real money when our approval is given.
as Ringowinner (a genuine investor) just pointed out, by the time BEM gets into full production mode the ore prices will be back up. Also don't forget that the price premium on our pellet feed will cover the production costs and the rest is all bunce.
The nonsense that you posted regarding Glencore shows that you know nothing about this market. Let me educate you a bi . I know Glencore as I have been buying during it's fall and bought yesterday. That particular investment is already up by 10% as it is now rallying after the ridiculous tip sheet article yesterday.
GLENCORE Glencore is not going bust it is in it's current position solely due to current market sentiment, mismanagement and (£44 billion), It's cleaning up it's act and is able to service and reduce debt due to it's profit last year of £2.4 billion.
Glencore has assets of £152 billion, and those assets represent 1600% of MCAP, a very healthy position.
Trying to relate this company to BEM in an attempt to talk down our SP is like comparing peas and carrots
a bit of advice to you if you ever intend to become a real investor one day is to ignore tip sheets and do a bit of real research before papering boards with their garbage.
Independent headline this morning: "Glencore shares obliterated after analysts warn they could be worthless". Glencore shares plunged 30pc in afternoon trading to a new record low after analysts warned the stock could be worthless if commodity prices remain at current levels.
The shares went into freefall after analysts at Investec issued a note warning that companies such as the Swiss-based mining and trading giant could see almost all their equity value eliminated under current commodity prices, leaving nothing for shareholders.
Well, if Glencore's shares in today's minerals market panic is worthless, where does that leave BEM's once the markets catch up with reality?
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