Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Perhaps it should be shared on their twitter feed.
Haha so I've heard and we deserve our day!!
3 Card - This is from Google Earth - not the clearest of images but there seems to have been progress
https://earth.google.com/web/search/kabwe+mine/@-14.45651621,28.43780677,1182.31445393a,338.93906125d,35y,-0h,0t,0r/data=CigiJgokCTB9hRg1AzVAES59hRg1AzXAGbJ1q2K1FDNAITxEgECY9FTA
Every dog has its day Merlin.
Revenge is a dish best served cold.
I wonder if Borrelli and Bird have seen this but then they appear to be so hard faced- love the article and the number of companies allowed to use and abuse delisting will be wide spread - these guys have taken way our company and they need to be held accountable!!!
Just been looking back over the old photos on BMR Twitter whilst we wait and wait for this announcement. The more you study them the more the BMR site looks like a load of random blocks of concrete almost as if it was designed to fool investors into thinking someone was actually putting their money to good use.
It would be fascinating to see updated photos just to see what if anything has changed in the last 3 and 4 years.
Reminds me of that great film Capricorn One.
Bring - Great read , its so sad these so called Directors , can abuse there positions, and small PI end up loosing everything.
How Directors can continue to draw down funds and drain the last penny before disappearing into night is '' Criminal ''
It will continue until FCA have real clout to make these guys accountable.
BMR is good example of this Type Of Activity
As previously mentioned, BMR Watch has been working with ShareSoc who are activists for various groups and individual shareholders. It’s worth noting they have recently built stronger links with the FCA.
One of the ShareSoc Directors, Paul de Gruchy, had told me he was writing an article about de-listed Companies and the struggles shareholders can face after a Co goes private. He suggested giving BMR a mention and I thought it would be a good idea to get a little publicity out there for BMR shareholders. It was published yesterday on the ShareSoc website and was brought to my attention today. Here it is…
Extract on BMR and link to full article below:
“Another example that members have raised concerns about is BMR, which was a natural resources company focussed on producing lead and zinc from mine tailings in Zambia. BMR was delisted in August 2018 because its Nomad resigned and needed a replacement. BMR had informed shareholders they were in talks with another Nomad, but apparently this fell through because there was not enough time to call an AGM to propose the asset disposal, and therefore was forced to delist. But it still had shareholders and an apparently valuable asset. There appear to have been a web of various joint ventures and royalty rights which do not, however, currently produce any revenue for BMR, despite the Kabwe project supposedly being fast tracked by Jubilee Metals when they took over the project back in August 2018. Meanwhile, the company consistently rebuffed approaches from shareholders, asking for proof of identity and claiming that any attempt to hold an EGM would prejudice the activities of the company.”
https://www.sharesoc.org/blog/regulations-and-law/delistings-take-the-money-and-run/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+SharesocBlog+%28Sharesoc+-+Blog%29
The ultimate Gin "Schwachsinn", an Alikhani tipple which Bozzer took to heart. He then influenced others with tales of rags to riches and let them imbibe themselves with "Zerstörung" Gin. The effects of which produces a gibbering wreck with a penniless countenance. Will there be a silk lining or do the piggies get to revisit the trough. All will imminently, soon, in short shrift, be revealed.
I have a couple of old time liqueurs which I can get re-branded. It is good to have a mate who owns a distillery in Germany. It dates back to the mid 1700's so some of the recipes are a bit weird to say the least and some extremely bitter ones that would suit our incumbent and previous directors very well.
Hi Bryn, interesting story and great collection of Gins. Do you think you could do a BMR collection? ‘Vogel’ would represent Colin Bird. We just need a Gin called ‘Borrelli’ that leaves a very bitter taste in your mouth. The last one would be called ‘Kabwe’ and the bottle would be made of lead and taste of disappointment.
3CB, we will definitely see an update from JLP before we get our update. I think they need to set out a definitive plan for Kabwe and share it with all shareholders. No good saying they will get it done by Q4 and missing another deadline - surely there must be conditions on the renewal of the licence for Kabwe to be producing by a certain date. Let’s not forget the licence was originally intended for the Kabwe tailing, not just Copper and Cobalt.
I turned to Gin in march,loved my weekly trips to the bottle bank & if Borelli had got us on a promise then the excitement would have been daily trips to the bottle bank.
Well at least we know it won't be a one line tweet Bryn. Even Bozzer couldn't string that out for 15 hours. Lol
A little like the school of Alikhani - vagueness but with a big hint of greatness - like all of the small acquisitions of tailings around the area that would boost the possibilities of riches.
He could have been anywhere with that drone - in fact he probably found the camera drone in a field and just put a bit of commentary onto the footage on the camera. Such a leg end who managed to get the lightning to strike twice.
Stay safe everyone - ;@)
I've turned to gin now lol - if this doesn't work there will be a great party ha ha.
https://www.businessnewsnortheast.co.uk/chance-meeting-proves-just-the-business-tonic-for-retired-police-officer-bryn/
Assuming JLP & GLR are in some way involved, then we can't expect an announcement until tomorrow morning. They have to play by the rules
More likely 0.1p or less, can but hope for a good result, but
TBH. Not expecting much. Borrelli has consistently refused to engage with shareholders for 2 years now and done his level best to foist his own deal on us for his own reasons.
I would be surprised if we are going to come out of this with even 5p per share value. We shall see soon enough.
Bryn, remember though, the drone never did get close enough in to show any great detail of what was going on at ground level.
Rusty tanks? Lol.
Thanks LJC. I wonder how long it'll take. The guy hasn't said.
3card, yes, it is 'still' bring prepared. Lol.
That's a great tweet Lee - One of his better ones.
As for his conniving ways - I remember being hung on his every word as he gave us commentary on the drone footage when the 'build' was underway.
Sadly it ended up nor much better than MA having built the copper plant.
Come the glorious day brothers!!!
Stay safe ;@)
I thought it was supposedly already being prepared
https://twitter.com/bmrgroupplc/status/1306302203444035585?s=21
....whether intentionally or otherwise.
Fair comment Merlin. He has been and continues to be an acutely poor performer for us, whether intentional or otherwise.
I'd quite like to see him try and outrun a combine harvester in a field full of long wheat.
I mean, you'd just see the hairdo bouncing up and down.
For a while.