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And of course these new shares will be priced at 3.6p……quite a premium to today’s price…..
Extract from RNS July 19th:T
he Company has engaged Hill Dickinson LLP to prepare the Prospectus for the issuance of the remaining shares due to Southern Gold. This process will take up to six months and Aidan Bishop will lead this process for the Company.
So I am taking a worst case scenario of mid Jan plus a couple more weeks to account to Christmas and New Year taking us to end of Jan potentially. This stock has taught me to manage my own expectations. Good job I have an abundance of patience..
I thought the prospectus would have been approved by now if it was submitted in October. Very frustrating as only really 2 working weeks in Dec !
I guess if they feel better for it……but if they miss out on the price uplift following positive news they no doubt will still bitter…..they can’t win…
Unfortunately Bunion, you’re speaking to 2nr bitter investors or passed investors should I say, so their views will always be negative.
Braindead was on a loss here (BMV), stated he sold because a deal was never going to be concluded, then the following week the deal was settled with SAU and he wasn’t able to buy back in for the same price he sold.
Ronald on the other hand lost money on DISH (which realistically would never have made a decent sum of money, even if it had succeeded). He makes himself feel better by slating Aidan Bishop’s other projects, as he feels his failed investment was Aidan’s fault and not his own.
Seems like a waste of time to myself, as if it were me I’d spend the researching other prospects. However, for these two it seems to make them feel better about their bad decision making.
Trumpy …you and Brainless always speak total rubbish….in fact you and he are most probably the same person ! Both of you hold no shares in BMV, and when presented with the positive facts, you deny them.
As mentioned so many times here,
Southern Gold are pleased with the deal, giving them a 40% share in Bluebird…….at 3.6p per share, the Prospectus is in the process of being published, as is the new website.
Please don’t bother to confuse prospective investors……..but I guess you will continue to keep jumping up and down as a non investor…a never investor.
Real investors will soon be rewarded……
I guess we have 2 camps here Ronald, those with glasses half full and those that seem to have dropped and smashed theirs. The question I keep asking myself is why do posters such as yourself continue to post here if you are not invested and believe there is opportunity here? I have asked the question from time to time but no one has ever given a reason, let alone one that makes sense to me? This share is so under the radar and there are so few posters here, that you must realise that you are not going to change minds here, so just what motivates you?
For balance I am frustrated at the lack of progress on certain aspects such as the website and wish that this could be sorted. The possible explanation of course would be waiting for additional content such as the prospectus which could be referenced. Time will tell and not too much time either in the grand scheme of things.
Agree with you Brainspark, a quick director check on C'House says it all.
Imo they will milk every last penny then simply jump ship and move on to the next bunch of suckers with a new company and new sales pitch.
Just another one to add to a long list of failings.
The funding is sorted, just read the RNS’s:
26/03/20 - “The Company has entered into a legally binding agreement with a South Korean company in respect of non-dilutive funding”.
28/09/20 - “The Company is pleased to update shareholders that it has received the first tranche of funding”.
19/07/21 - “The Company has remained in close contact with our Korean funding partners who have had an encouraging site visit, produced and interesting video for their clients, and expressed their delight at the recent conclusion of the deal with Southern Gold”.
Without seeing the actual terms of the agreement, shareholders won’t know the precise arrangement with the funder. However, the signing of a legally binding agreement indicates that funding will be received. The BoD did other none-dilutive funding options available though, prior to entering into the current agreement.
bunion you can't be sure finance is sorted until South K funder releases funds and that's not going to happen until BOD deliver a timetable for construction ?
Your patience with certain other posters is admirable bunion and certainly greater than mine. I keep my patience for the big prize here.
ATB
Brainless please don’t waste your time here……you’re making a fool of yourself.
Bluebirds contract with Southern Gold still stands, with shares being issued to Southern Gold at 3.6p, with Southern taking a 40% share ofBluebird……a sign of great confidence in Bluebird.
It appears that no one is taking any notice of you……so please don’t waste your time here.
Finance is sorted……that should make you happy…….
Duty of care to shareholders.
The BOD have failed in every aspect.
They have taken the company SP to 2p.
They have taken the company to zero cash left
And now shareholders risk losing everything
No cash. ZERO CASH LEFT
Look at the recent accounts. The SK funders have not given these fraudsters a single penny
Placing at 1p if your lucky. Otherwise lights out.
Brainless why do you bother to post such rubbish…you’re not a shareholder….you attempt to sow confusion when there is none. Just because the prospectus is in the process of being signed off, just because the new website is about to be published, just as Southern Gold will be taking their 40% shares in Bluebird………very nice of you to be concerned about shareholders who are happy to wait…….for the new shares to be issued at 3.6p……but let’s face it…you are Brainless……
Almost criminal behaviour imo dyor
What will the FCA investigation uncover?
You remaining shareholders have been groomed by JMK and AB
Now your about to lose everything
So a Simple prospectus to issue shares takes 6 months!
No management in SK while the ceo is running another water tech company opening offices around the world !
An RNS of lies that construction had started 4 months ago
A website that a teenager can develop not delivered 6 months ago!
A contact email in the current website that get returned undeliverable
AB and JMK a track record of failed businesses and lies costing shareholders their life savings !
Brainless…..you do constantly try to discombobulate, confuse and confusticate.
As a non shareholder you have every right to post here, but constant rubbish, meaningless drivel.
We shareholders and Southern Gold accept that things are moving forward, with the prospectus and website being progressed, with mining restart early next year, with continued financial support from SouthKorean financiers, and with Southern Gold happy to become a 40% shareholder in BMV.
None of this you cannot accept……but that’s your problem.
Go on buy some shares and you won’t miss out….but of course you won’t ever buy shares in BMV or any other company……..you’re really a joke…..
As bmv and the three company stooges enter the 1st week of dec next week.
Let's recap on the over 70% loss as a result of the lies and damn lies the management have inflected on the shareholders
I'l buy that bunion - come to think of it I already have!
ATB
Dermal relates to skin…….in this case maybe “skin in the game”, which the directors have, which of course gives confidence in the outcome……..
Dermal? who knew there was such as word other than my auto correct! Deramp is not an official word on my laptop but it certainly gets many outings on this BB!
The fact I am seeing a green filter without a previous post from someone today tells me only one thing - someone is getting increasingly desperate. I wonder whether it is because we are getting closer and closer to news which could set this on fire? But why dermal a share constantly that you are not invested in? Very strange. True investors here have given very balanced appraisals in my view and we are not without our criticisms with the BoD on their communications for example. Time will tell as always of course whether out overall faith in these projects have been justified. For now I am just watching the clock tick down.
ATB
IF the FCA stamp their approval to the prospectus then everything else falls into place and the Future is very bright indeed.
I notice afew chunky buys today .