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Berkeley Mineral Resources Share Chat (BMR)



Share Price: 1.075Bid: 1.05Ask: 1.15Change: 0.00 (0.00%)No Movement on Berkeley Min.
Spread: 0.10Spread as %: 9.52%Open: 1.075High: 0.00Low: 0.00Yesterday’s Close: 1.075


Share Discussion for Berkeley Min. (BMR)


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brynjon
Posts: 1,455
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (2)
Kassam - Good idea?
17 Dec '14
Hi - as a long time investor in BMR I would like to clarify whether the information shown on the company website remains valid.

I would request merely a simple response that the information is correct or incorrect, and that any misinformation be removed.

I ask this as the company is currently suspended and this information, if deleted, would not impact upon the share price currently.
 
harlequin
Posts: 4,447
Observation
Opinion:No Opinion
Price:1.08
View Thread (4)
RE: Good Idea?
17 Dec '14
The real question is can BMR process the WPS and the other tailings profitably. The former does not appear to be a problem. I , for whats it's worth have asked several officers in the company about the latter and have received positive answers. Many will be cynical of this but we are no longer dealing with MA but a far more hard nosed management. If the company was to wound up I think it would have been done by now.
brynjon
Posts: 1,455
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (4)
RE: Good Idea?
17 Dec '14
kassam - I had just this morning sent an email to the company to ask whether the detail within the website was still valid and to use the time in suspension to make any necessary amendments to it.

Whether anything occurs remains to be seen, however, for me - if it is still there surely it remains valid. They amended the directors and management pages quickly enough so it seems it would be easy enough to delete anything which may be misleading.
brynjon
Posts: 1,455
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (2)
RE: fsstback/brynjon
17 Dec '14
KL - Not sure how much was paid out to Ascot or whether they did their work in lieu of profits from the processing.
I do find it sad that at the time when Metorex were selling out of Kabwe BMR were pushed aside from obtaining the Zn/Pb plant, only for it to have a change of use. Perhaps a bully boy tactic, knowing full well that the issue in Kabwe was pollution caused by the Zn/Pb tailings. So Glencore squeeze out the possibility for BMR to immediately process its tailing assets and of course now, they have almost abandoned the site again using bully boy tactics.

Hopefully management can get a hold on the present situation and even if it means selling out some of the assets at less than market value to bolster the coffers then so be it.

Shareholders have (or should I say some) been waiting far too long for this to pop. It has taken a few people out financially along the way. It is time we were either put out of our misery or fill our pockets. I am a glass half full.
kassam83
Posts: 1,427
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (4)
Good Idea?
17 Dec '14
What i think might be a good idea is to ask AB straight if the RNS issued were all correct and true and if all the infomration on the website is still correct and true. This should atleast give us the idea that BMR will still be a going concern.
KlueLoss
Posts: 1,183
Off Topic
Opinion:No Opinion
Price:1.08
brynjon
17 Dec '14
I think nerves would be settled immensely if Alex Borrelli made a statement of intent. Even if he lied and did the opposite funnily enough.

The silence only makes for excellent breeding ground for negative thoughts to manifest and with his history it doesn't exactly make me and others confident.
KlueLoss
Posts: 1,183
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (2)
fsstback/brynjon
17 Dec '14
Just to clarify my position on production and not having the equipment, I make that point in regards to the processing of Pb&Zn.

Unless someone can prove me wrong? Wouldn't be the first time...
brynjon
Posts: 1,455
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (2)
RE: 1laffer and KL
17 Dec '14
fsst - I too believed we had the facilities, however, it seems a number of folk have posted over the past months that we do not.
There have been no further photos added to the website, the company has not issued any statement to suggest otherwise. Another comment on the website "It is currently verifying these and has launched a Copper processing programme at its Industrial site near Ndola." suggests there may be additional processing resources near Ndola.

Now if these statements within the website were untrue or no longer valid - would they still be there? If there was a hint it was not then surely they would be required to alter that information as it would be deemed misleading.

So it appears we have plant, where it is I do not know - however, still posted on the website http://www.bmrplc.com/copper/processing/

Lead and Zinc plant has not yet been sorted it seems, however, the site remains live with positives:-
http://www.bmrplc.com/lead-and-zinc/processing/

Again IM Humble O.
fsstback
Posts: 119
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (2)
1laffer and KL
17 Dec '14
I will help where I can re. company meeting et.c I am happy to get some answers... Although I do expect answers in January.. Whether I like them or not...

KL - I am of the opinion we did have the facilities reading through MAs commentary in RNSs it sounds like we have the equipment there...??????? as ever.. Confused.com
brynjon
Posts: 1,455
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (3)
RE: bmrwatch
17 Dec '14
KL - I do believe that as a strong and coherent bunch of shareholders there is some power. As individuals there is no power.
I do not think that power can be abused however, but using it merely to demand the company re-iterates the commitment and update the website as they had suggested in their e-comms note http://www.bmrplc.com/files/4014/1347/9566/E_-_Comms_28_day_Notice_6_October_2014.pdf

As a group of shareholders we cannot request information that is market sensitive, however, pressure can me given to open dialogue to pacify and reassure shareholders.





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