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No. The royalty has nothing to do with Copper or Sable Zinc. The royalty as i understand it is to with zinc/lead. Its my opinion jubilee have no intention in the short term to process zinc. They have stopped building the plant and are concentrating on processing copper at sable zinc. They want copper to process through sable zinc. Yes they can buy copper concentrate in zambia but not enough. Bird is the one that is running the show. Borrelli is puppet but by removibg the puppet bmr go into administration. Do u think stratford would transform bmr. He cant be bothered with his shares either. The bmrwatch need to reset there strategy and kick out the rogue committee members who dont even consult with there members anymore
Stuee, you have lost the plot. If BMR goes into administration it will be AB’s decision, not ours. We just want an update from BMR/JLP. We can’t be held responsible for what the Directors do. Try taking legal action against the Board and you might actually get some where.
So basically this new Company is being set up to serve the needs of JLP? Any Copper that’s found will be shipped to JLP’s processing plant in Kabwe. Leon will be CEO, Colin is on the board of the licence holder Company, Revelo.
If they don’t find Copper, the Co. will go bust and whatever Royalty or percentage share we hold in Kabwe will be gone forever. Isn’t it safer to keep BMR private and reap the benefits from the Royalty over the longer term?
Borrelki will squirm his way out. You wont as you have been warned. Go ahead and remove borrelli. You know the company will be placed into administration. You and others will face the consequences. They were looking to export from zambia to china yep thousand of miles away.
That’s quite a bold statement to make... Not only will they find Copper in Chile, they will ship it over 6 thousand miles across the world to be processed in Zambia? Who’s going to be the new CEO of this Company? Is it Leon Coetzer by any chance?
As for legal threats – there is a queue of shareholders waiting to take legal action against Borrelli. If he liquidates BMR he will find himself in court.
If by your actions you place bmr into administration and lose every penny of your own members there will be litigation. Your actions will only help jubilee and this maybe your motivation. You have given up on your investment. Others have not. You cant represent your members if you dont believe in bmr. You can do what you want but be prepared for the consequences or just sit back and wait and get behind the relisting.
But the you and the gang get to take us to court with your ‘lawyers’ and get your investments back because an EGM was called? That’s how this works isn’t it?
Klueloss lol. You cant even work out if borrelli goes bmr go into administration. Your the only group that punishes its own members. Your a disgrace
You’re an actual joke Stuee
If bmr go into administration because of the actions of a few committee members on the basis you remove a director which will not allow the company to relist which you know is the case you will no be any better than alikhani /borrelli. Maybe you and stratford have given up on your bmr shares but others haven't. How can you represent bmrwatch when you have given up on your shares. Unbelievable
Why not?
Did I just read that correctly? Are you suggesting any Copper found in Chile will be exported to Zambia?
fellowship/stuee, your endless brown nosing of Borrelli and inability to contemplate any action to confront the carnage he has brought to shareholders investment is shameful, trying to pin the blame for our losses on the committee even more so. Should everyone tiptoe round Borrelli like you, just in case he does something that might destroy the value of your investment? Have you not noticed that it's already too late?
Shareholders inaction suits Borrelli and accomplices down to the ground imo .
How can it be borrellis fault for colin bird/jubilee plan of relisting in chile which a few shareholders blocked. The plan was there. Its not the plan you like but its a plan. They want to take chile copper to sable zinc imo but you wouldnt know that. All you want is to remove borrelli which will place the company into administration which will have the lawyers at your door. There are shareholders who are now looking to take legal action. The plan will be to relist in chile. They will find copper and they will export it to sable zinc. Jubilee are concentrating on copper not zinc. Can you not see that jubilee are in command not borrelli. You have tackled this all wrong. You have only one weopon which is to obstruct threaten and ultimately place the company into administration. Borrelli will have tried his best walk away off the hook while you lose every penny of the group you are supposed to represent.
BMR Watch have made a perfectly reasonable request of the BMR board. If AB can’t update shareholders after 6 months of silence, clearly something isn’t right. On top of that, we start receiving threats and demands from other BMR shareholders. Are we not all on the same side here? We all have a common goal, we want to get some/all of our money back from our investment in BMR. AB got us into this mess and it’s his job to get us out. Try directing some of your anger towards the person responsible for your losses in BMR.
When BMR go into administration due to the action of bringmyreward klueloss stratford then expect the lawyers to sue. You know fine well your actions will have consequences for all bmr shareholders who will lose there money. The lawyers are waiting
You blame borrelli but he has no control. Jubilee are in control and you are playing into the hands of colin bird. All you have to do is wait unless of course you want to enter into administration and your jubilee shares go up.
Bringmyreward what team are you really on. The committee members are all betting on jubilee now. They are looking to place bmr into administration. Result will be a spike in jubilee shares. Look at jubilee share price has risen because the committee have placed there bets on jubilee. Bmr are going to go into administration when bringmyreward klueloss and others go for an Egm. Its on record now
Unbelievable the rogue Committee members of the BMRwatch are now calling for another EGM. This will place BMR into Administration. Borrelli will have an excuse to walk away shutting BMR down. The BMRWatch have to be questioned to there motives. In there hatred and ignorance they are gifting jubilee with everything. The rogue committee members are about to lose shareholders there investment. BMRWatch members must speak out and be prepared to stop this rogue bunch of jubilee/bmr shareholders. The end of BMR is now close. The rogue committee will have blood on there hands. The hatred for borrelli will be nothing to the hatred for all the committee members who will be named. They will lose your families chance of getting something back. Utter stupidity BMRWatch.
Not only has Borrelli trashed shareholder value, he has also been responsible for years of additional delay to the cleanup of Kabwe.
For some, the prospect of addressing the massive pollution problems caused by the lead tailings were as attractive as making a good return on our investment......Borrelli has failed on both counts. Whether by design or incompetence remains a valid question.
So BMR have decided to stop updating BMR Watch, which seems suspicious at this stage. We represent over 20% of the shares in issue so we should be taken seriously by the board.
We recently arranged our third shareholder meeting with BMR. A date was set, but was subsequently cancelled at short notice on the basis of their new policy. The policy being that going forward, they will only update all shareholders at appropriate times.
The last half decent update we had was around the time of the AGM in August. That was almost 6 months ago and they have not released a single public statement/update since, which is both totally unacceptable and disrespectful towards its shareholders.
The question we have to ask ourselves is, have BMR got an update in the pipeline or not? I’m expecting an update from JLP within the next two weeks, so this might include an update on Kabwe and hopefully BMR. Seeing as JLP hold all the keys to the project, I would expect them to update first, followed by a statement from BMR.
If they fail to provide an update to all shareholders, action must be taken against the board by BMR Watch. https://twitter.com/BmrWatch/status/1220734060013801475