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Somewhat coherent sentences make me think it’s not them.
More concerned about the management of the actual BMR Group than I am of collective of proven shareholders striving to do what it can for shareholders, admittedly limitedly so.
Not sure how BMRW could be to blame for the position the co. is now in to be honest. You seem to be trying to some how blame BMRW for the co. where it finds itself in a precarious position whereby a director is threatening to liquidate the business because shareholders requested an EGM.
You seem obsessed with BringMyReward. Creepy.
he could b back?
What a character he was.
He has been caught out to be a pawn for borrelli. He is borrellis spokesperson imo. Just look back to his history. Call after call apparently with borrelli. How do you know that the watch can be trusted. From what ive read i wouldnt trust them. Very dangerous a group can be when it is ignorant of the facts
i wonder where mikesurt is nowardays?
Definitely not.
I would put to you those charlatans as you describe are all in the bmrwatch. Clearly you are in the watch. Do you not suspect that bringmyreward is one of those untrustworthy guys you despise
Not really, it shows that we listened to the wrong people and sat on our hands and allowed the company to slip away to satisfy fantasists and shills who came up with ever more ridiculous stories as to why we should keep biding our time. Secret buyers and other such guff. Laughable that we were so naive as to trust such blatant charlatans posing as like minded shareholders.
If you have never confirmed that to be true does that not confirm how weak and dangerous the watch can be. Your actions could have and would have resulted in the liquidation of bmr which would have impacted jubilee shareholders. I dont believe anything that comes from the watch. Very dangerous group of individuals
I have never said that myself. I have never been able to confirm that statement as being true. It was spread by a few fantasists and shills who’ve been wrong on so many things before that it’s hard to take anything they ever say seriously.
Bmr wont be able to relist as you need a director of 3 years in the company. You have said this yourself. Why then would you want to remove him if the result was liquidation of the company. There is something sinister at play in the watch.
Nobody has taken ‘action’ against BMR.
Alex Borrelli is the only person who has intimated the possibility of liquidation. Then you’re the first person to then come onto the LSE boards and start discussing liquidation.
It doesn’t matter how many times you keep repeating the lie it’s not going to become the truth.
Nick just stated he never voted as he was never given the chance. Did you put to a vote in the bmrwatch group whether the whole group wanted to take action against bmr or was it only a handful of shareholders who took it upon themselves to take action and say it was from bmrwatch.
Fellowship, I don’t know who you are, but you have no business to tell BMR Watch what we should and shouldn’t be doing. It was members of BMR Watch who collectively pooled 5% of shares together to put in a request of a general meeting. We were not looking to liquidate the company, we wanted resolutions to go to a vote. The only person that mentioned liquidation was the CEO and Chair of BMR.
Oh, and as for calling me a liar, I’ve already proved you wrong on the above, it was BMR Watch that called for a general meeting. Yes, I’ve been accused of lying about my conversations with AB by half a dozen posters on here. It still doesn’t prove I’m a liar does it? If you’re going to accuse me of lying, at least provide evidence to back up your claims.
Nick if i understand you correctly it was a handful of shareholders at bmrwatch that undertook this action and when bringmyreward says it was bmrwatch in fact that is a lie as it was only a few with large shareholdings that wanted to liquidate bmr. Why did bringmyreward say it was bmrwatch when that isn't true.
No idea where liquidation comes from... if an EGM goes ahead and he gets voted off BMR shareholders can appoint a new Director. Regarding an EGM request, it only takes a 5% shareholding or so I believe, thus a portion of BMR Watch requested this (I.e. those with >5% holding), not the whole 20+% represented via the Watch in its entirety. The >5% have every right to do so. No complaints from me.
3CB - fellowship should be able to answer this.
Seems a perfectly legitimate question. Borrelli with a shareholding of 0.74% can just liquidate the co. if he is removed from his position. If left in place the co. continues at least as a going concern. Wonder what we’re not being told.
Don’t know how that looks to anyone else, but I’m certain of how it looks to me.
Bringmyreward you have a shocking reputation on here and have been accused of telling lies with your secret phone calls to borrelli. Now the bmrwatch come up with the idea of liquidating there own investments by removing borrelli. I cant blame nick as he didn't vote he said. Surely sticking your nose into areas where you don't understand can have the opposite affect. I don't blame jubilee I wouldn't want a bunch of moaners causing issues for jubilee. These shareholding groups are a waste of time. Full of busy body's who know zilch .
Correct me if I’m wrong, but BMR shareholders didn’t invest in BMR for a wild goose chase Copper project in Chile. We all invested for Kabwe, and now all we currently have left of that is 12.5% or an 11% Royalty. The problem is, we don’t have any agreement in place for a profit share of either percentage figure.
JLP are dragging their feet when it comes to ‘looking after’ the interests of BMR shareholders. However, whose fault is it that we are in this mess in the first place? Alex Borrelli is CEO and Chairman of BMR so full accountability rests on his shoulders.
BMR Watch requested the removal of AB and AGH. AB said if he had to circulate the resolutions to shareholders he would just resign and the company would be liquidated. If we withdrew the request, the fund raise and listing for the Chile project would go ahead.
So, it would seem AB is happy to threaten liquidation if his seat on the board is challenged, but if left alone he will happily continue doing what he does best. He also suggests that he’s on the side of the shareholder, yet he’s willing to take legal action against those who are displeased with the way BMR is being run. He’s not the type of person that is willing to work with any shareholder. He’s only happy to do what he sees fit. The problem being, he has already showcased what happens when he’s left to his own devices...
Perhaps I'm being a bit thick but why exactly does the calling of an EGM automatically mean liquidation of BMR?
You must of voted for an egm if your in the bmr watch bud. Maybe you didnt vote but the rest of them voted. Bmr would have been liquidated if the egm went ahead.
I didn't vote for or against an EGM. What liquidation?
nick why did you vote for an egm if it means the meltdown and liquidation of bmr by removing borelli
I'm about 10% down on JLP and have invested about the same in both companies... not a good overall position, but JLP will gain from the BMR meltdown in the long term for sure. I'd be quite happy to exchange the royalty for JLP shares :)