Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Southern Gold …Maybe
That was my reasoning as well Jaskk.
My worry is that if an insider is willing to risk offloading knowing the risks they may encounter by doing so, what are they so concerned about ? It’s unnerving to say the least.
Oops, apologies. That should say “the 2 x 5m trades are probably a (as in single) CFD rollover”.
Today’s delayed trades: As has often been pointed on this BB, the 2 x 5m are probably CFD rollovers, while the 1 x 10m is clearly a sell. Whatever folk think of TW, credit to him for “no question mark from me”.
Tom Winnifrith has commented on this in his Bearcast today. I won't divulge his paywalled content in detail as that's his livelihood but it's well worth a listen. I'll only say that he claims to have spoken to BMV about this trade and he seems to think that it is a subject of interest. Check out today's Bearcast and look out for TR-1s.
New interview coming out soon re today’s RNS - Stockbox just tweeted it’s on the way. Be very interesting to hear what Colin has to say. I’m looking for upbeat but realistic…
Your
You are wrong 4kandles, they are not even in the car.
I don't share your confidence in enforcement of the law on the main market. At least with AIM you have NOMADs to steer the BoD straight but with the main market you're relying on the FCA. In my opinion the FCA are asleep at the wheel.
10mil sell was give a. should of sold. but thought 1,2mil placeing guys must of done due diligence . or south koreans want more money .but there so slow on completion of what they want.
It is quite clear the Company tipped off their friends before this bad news.
Uninvestable for the majority now
Like you jaskk I smell corruption coming - that now makes this uninvestable for me.
Take the loss and move on. I've been trusting and patient enough. See ya Colin and the gang.
Totally agree, my only concern is that with gold in a new bull market that someone is deliberately muddying the waters so that they can acquire the mines at a cheap price. It wouldn’t be the first time that government bureaucracy is a cover for shenanigans.
It’s hardly fair to suggest that management have lied. If they were lead to believe that TMUP issue was imminent that’s not on them, and to be fair to them it does seem completely crazy that after all this time, and holding valid extraction permits, they’ve been told they can’t have the TMUP yet for nothing but bureaucratic reasons.
Timescale has clearly slipped but end game should be achievable, just got some more hoops to jump through first.
Important to remember BMV is not an AIM stock, it’s Main Market listed which means tighter regulation & scrutiny. It’ll be interesting to see how this one plays out.
Management have lied to investors once again.
They are past their sell by date. Who would trust any of there money to these clowns lol
That’s surely insider trading which is illegal
Management have clearly got their fingers on the pulse.......
"the Company will be offering to take out insurance for environmental liability as is common practice worldwide" - So if it's common practice, why hadn't they completed that already?
Now we know why. They were in the know about today's RNS.
This management is fast becoming a laughing stock
What the...?
Gold at $2060, close to all-time high.
I’ve been wondering this myself as for Colin to state in an interview the TMUP will be with them the following week was a bold statement to make, unless he was very sure on the matter. Technically holding back announcements shouldn’t happen because the news should be put to the market as and when it becomes apparent. However, BMV only has to notify the market once it has been notified itself by each of the subsidiaries.
Hopefully we’ll get some good news in the coming weeks.
Mustn't worry, it's all end of year tax shenanigans. TMUP news on the 6th for obvious reasons.....