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Trumpy you are not a shareholder, and never will be………..just an irritant to real shareholders.
The board is moving as fast as possible, with directors and geologists on the ground in November, following COVID restrictions being lifted.
Any “collapsing”of the mine would be historic….over 80 years ago…….and has no relevance to today.
Southern Gold see this deal as a great opportunity to start reopening the mines and produce gold, and have every confidence in Bluebird…….after all Bluebird management have a good track record of reopening old gold mines……let’s not dwell on things that happened decades ago, but then I guess that you’re not interested in Bluebirds future……..
Ronald I do not know anything about Dish. Was this a South Korean gold mine project involving all the BMV directors trying to get a project off the ground during Covid? I
So we had an RNS update and zero surprises for me on the Covid delay. Good to see the state of finances and looking forward to getting FCA approval.
For balance I am disappointed that there was no reference to the new website. I do not believe that Covid is an excuse and the BoD need to get this sorted asap in my olinion. Interesting that JMK reads this board and as I previously posted he does answer emails. He will understand the mood of the small handful of PI,s who post here and hopefully will take on board the constructive comments.
So for me a number of positives against an unavoidable backdrop of Covid headwinds (understatement of the century) BUT there is still much to do on the media relations front and a new website would be useful in spreading news of the potential here.
ATB
There is no decency unfortunately
Was the same story at Dish
Just make a false promise, then continualy ignore investors
Yes they may be having a 5star business trip
They may be speaking to contracors regarding quoting to build a new mine entrance.
The entrance isnt the problem
They need to concentrate on safety if ever the mine is going to be productive. (not sure how many lives the mine has taken) could be a big factor in it closing along with the low price of gold at the time.
After previously colapseing the mine looks far from safe and in its current state will not be mined.
JMK here. I always try to reply to all emails. jmk@bluebirdmv.com
Well I told you so.
I have now closed my short. As it looks like SG are actually taking shares at 3.6p
Some pre xmas profits Thank you
Brainless why waste your time here. To reiterate yet again Southern Gold are completely happy with the deal at 3.6p.
Southern Gold actually expect Bluebird to do very well from the deal ….
Please don’t waste your time constantly posting absolute rubbish…or maybe you like enjoy doing it…….but take no notice of you.
Let’s wait for interims and update …..should be Monday/Tuesday…….and as you previously said……you might at last buy some Bluebird shares……but I wouldn’t wait too long…
I suspect they await prospectus signoff by FCS very very soon. Once that occurs expect investor roadshows :)
The bid is 2.4p. Why would SG accept 3.6p.
I doubt your a business man
brains………as previously reiterated, Southern Gold are very happy with deal and the 3.6p price ….they are contractually/legally obliged to continue with the deal at this price .the only “muppets” in the room are those that continue to question this…
Covid delays are inevitable. But SG still drill with a SK team
The nonsense on this and others bb. It's all panic
Which rampers actually believe that ?
Covid delays are inevitable. It's all priced in imo.
South Korea is opening up in November. Southern gold taking shares at 3 6p. Once issued which is very soon the road shows start.
brains………as previously reiterated, Southern Gold are very happy with deal and the 3.6p price ….they are contractually/legally obliged to continue with the deal at this price .the only “muppets” in the room are those that continue to question this………
Southern Gold said on 25th October that “The (Gubong and Kochang) projects are currently on care and maintenance until such time as international travel resumes more broadly.”
There is no way SG will accept shares at 3.6p from these guys that cant even get a functional website in nearly 5 months.
There is no way SG will accept shares at 3.6p from these muppets that cant even get a functional website in nearly 5 months.
Hi JerseyCrew,
Surely its not insider information to acknowledge receipt of an email? I would assume they have received it twice, as the SP Angel contact said he would forward it to their BMV contact.
Investor roadshows are all very well, but the company reputation is built up 24/7 365 by its actions and behaviors, and any future corporate spin will be tempered by its past behaviors.
The Video from the Philippines I posted a month or two ago alluded to the problems that COVID and restrictions were causing in South Korea. To me, it gives investors far more confidence if these are reported clearly and honestly but the PLC, even if the news is negative.
As it is, since July, there no is information for investors at all.
I suspect they await prospectus signoff by FCS very very soon. Once that occurs expect investor roadshows :)
Hi squib I think that you will find even the most optimistic investors here (!myself included) would wholeheartedly agree with your comments on the investor relations front. I have long been critical.
My experience with emailing JMK is however different in that he has responded on 2 occasions within 24hours. Maybe the lack of response indicates an imminent RNS update. He will not give you the timing of an RNS of course as that could be considered insider knowledge even without knowing the content. I am hoping all will be revealed in the next week or so.
Not wishing to be grouped with the obvious negative posters on this forum, whose motives I can't really fathom, I do think BMV's investor relations are really poor.
The contact email on their website just results in a bounced message.
I've politely emailed JMK (on the email given in the last company announcement) for at least some indication on timings for updates, given milestones seem to have passed without comment. This email didn't seem to bounce but I have not been given the courtesy of acknowledgement of receipt, let alone a reply.
I did receive a reply from SP Angel (listed as their stockbroker both in Sharepad and on the BMV website) saying that SP Angel has not been Bluebird's broker for over 1 year.
Some months ago it was announced via RNS that a new website was under construction, surely at the very least, until its complete, they could remove the old website in the meantime and insert a placeholder with basic contact details?
And at least have the decency to respond to enquiries from shareholders.
Ronald this is not just an AB show. There are other directors with a mining background whose reputations are on the line here. There is also the not insignificant aspect of Southern Golds interest and you might wish to read their AGM presentation released over night.If you are not invested why are you interested?
Mm
A RNS statement by AB does not equal facts 99% of the time it equates to a false promise / statement
All you need to do is his history a look at the Dish RNS's will prove that.
If the shares to SG are issued at 3.6p i will eat my hat and buy lots of shares under that price
Trump, you seem to have glazed over the facts in your timescales below.
Q4 2019 production was on the basis that the permits came through in April 2019. The permits, which were out out BMV’s hands, didn’t land until December 2019. The very earliest it could have achieved production was therefore pushed back to August 2020. In August 2020, SAU put its 50% up for sale, meaning no progress could be made to head towards to production until after 29th June 2021.
Don’t forget, in this period BMV secured a very positive finance deal and obtained SUA’s 50% on very good terms.
How can you say investors are left clueless if the mines will ever get into production, when the last RNS literally reads:
“ Construction work to commence at Kochang gold mine
· Korean funding partners remain committed to the Company bringing about gold production”.
It’s easy to talk down a stock when you dismiss all the positives and all the facts.