Member Info for 3cardbrag

See my buy yesterday recorded as a sell.

Always said I would never top up again in BMR but have just had a little top up under the new KEN banner. Small fry compared with £22k losses in BMR.
Hoping that things move faster in Sweden than they so far have for BEM Eric.
Cheers 3card

You have to count them slowly and carefully so you know the precise number to add to get to the right result

She defo needs to update her profile photo

WTF was that?

The reason for that drop in the sp from 70p is another story, is a bit of a complicated, with multiple factors affecting it, including a sharp fall in the price of iron ore, which was a bit illogical really.
And there was me thinking it was entirely due to sellers taking profits. Lol

Having recently confirmed the sale of my last remaining BEM shares I'm not going to be one of those Ted Heath types who hang about like a sore loser always moaning about the share.
But I must take issue with you that the current SP is down entirely to traders and profit takers.
That is clearly nonsense. If a company is good enough its SP will withstand profit taking after good news and even grow to bigger heights later. Whereas the BEM SP has seen a sustained retraction over a number of months due mainly to lack of progress both from the company and within Sweden.
Surely you understand that for every seller there is a buyer

I'm invested in 3 Colin Bird companies, four if you include the unmitigated disaster that is KEN.
But having made a shedload in JLP, I am definitely starting to feel that the smart money is in now in GLR for a multibagger in the shorter term rather than XTR.

Sp rises 5% over 2 days after a big fall and that's takeover territory?
Reality check required methinks. BWTFDIKA

Great RNS. This has to fly soon. Can't understand what's holding it back
Well done Leon and the team.

Cheers sj

Love the piccies. Acres of copper

Couldn't resist a small top up at these prices. 12p

Cheers Al. Fully retired 5 years ago and early retirement from HSBC in 2008.

Sold my remaining 80k this morning just before they dropped. Will continue to look in and may even post, if that's allowed Sooz. Lol.
If sp remains low next year and there's any sign that the Swedes are at all interested in getting this mine up and running, I'll be back in, assuming I've got some readies by then
Good luck all.
BTW. Unclemal You need to do some IHT planning sir. I believe charitable donations are exempt and the 3cardbrag Restoration Fund is always looking for financial assistance. Just saying.

Feel your pain Eric. As you know I'm a BMR/KEN investor and my £22k is worth the princely sum of £140. Ouch!@@@!!!!

Andy. I tend to liken the granting of the concession to Brexit. We've waited for it for years, it's finally arrived, and yet..... very powerful forces are doing their damnest to take it away from us.

re As they dilute the sh*t out of the share (which they will - it is AIM), the company will enter into the state most AIM companies enter - fit for breaking up at. Assets that are worth anything will be sold when the company is at its weakest. Just simple AIM probabilities
Sadly I would agree with you Gambier on that point for AIM companies based on my own experiences with a number of AIM shares. Not sure though that BEM falls into that category......YET

re BEM doesn't and never has generated any income
That's a very good point TFE. If you take the Colin Bird stable of AIM companies they are in many ways similar to BEM with concessions, drilling programmes, multi projects, low SP and past dilution.
Where they differ is that Bird's companies are now starting to receive income from some of their projects which dramatically reduces the risk of further dilution whilst we wait for our big payday.

Hi Eric.
Only because I sold half during the oh so brief spike.