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Big year to be in gold I think.

It would be useful to have monthly summary updates from the BOD going forward until we are launched, even if these are just a CEO blog setting out what has happened and what is expected.. Obviously any other ongoing tweets or updates will also be appreciated. Although asking for an update on day 1 of Q1 might just be a tad enthusiastic and impatient!

RichKen it should be a pinned post on this board along with regular one by Nick. As sadly they both get quickly lost on this board.

GLA to all in 2019.

During 2019, £1 by end of March and £2 by end of November is my thinking

Thing is, if I find people disruptive I just filter them, engaging with a keyboard warrior is pointless.

As well as trolls themselves I find the constant calling out and abusing of trolls, real and assumed, on this board disruptive along with the constant fretting over the short term sp. This noise gets in the way of good posts too.

Excellent post RichKen.

Watching the recent video of FM speaking about the future of BE, potentially earning 10 times the income of BM, your figures might even be a little light. I can live with “just” a potential 25 bagger though. :-).

Battery storage of solar power will revolutionise the African economy in the next 10 years and turn it into the next growth region in my opinion. I think once you get your head around the big part BE will play in that growth fear of big numbers disappears.

To repeat, FM believes BE’s earnings could potentially be 10 times bigger than that of BM’s And people still worry about short term SP movements and the posts of a few dipsticks?

Excellent post Pdub

For what it is worth I have no idea why people have a go at Chartist or call him a Troll?

A troll will come on the board and ask loaded questions to shed doubt amongst holders to hopefully release a few more shares, allowing the MMs to get their double bubble, sell and buy spread. Once I spot one I simply filter them. Their style is blatant, obvious and normally from new accounts. Some, like our Alpine downhiller, are just idiots who do it for fun and I filter them too. Arguing with them just stokes the anger and leads to things being said that should not be.

Chartist, like others on here, simply makes short term sp predictions based on their beliefs. Making money on short term trading is not a crime, I have done it on occasion as I guess have many on here. We all know, and Chartist has commented numerous times, that BMN has an excellent long term future therefore short term volatility should be ignored. Nobody on here can control it or stop it so why get angry about it?

Cards on the table, I have a decent core holding here (and have been in since Feb 2017) but I am also currently building a larger short term position that I might sell some into the next run up, short term trading if you like. To make a little money. I will also happily sell all my shares here if my target is met and I find a better opportunity, again to make money and secure my future. The only reason any of us are here.

If a few on here focussed on supporting the great posts by Nick, Pdub, et al rather than obsessing over short term sp movements and SHOUTING at anybody who dares to mention it can go down in the short term, then this board would be a better place imho.

I do not know Chartist personally but he has commented on other boards in a similar vein and I do not believe he is being distruptive. If you do then just filter him.

GLA

Hi Troajan, normally I push back on posts about other holdings but I do agree it is hard to say anything counter on that board without getting attacked.

There is some logic to your thinking but a pull back to $75 was always on the cards and what the 82p broker price is based on, so still plenty of upside. The energy news could also hit at anytime so I would prefer to sit and go sideways for a while rather than jump out, unless they rally to a £1 then I would sell half...

With ATM, Wres and BMN they are all going to multi bag in next 12/24 months (in my opinion) and some will spurts at different times so I will probably keep a core holding in all and trade in and out too. Currently I am buying as many BMN as I can above my core holding to sell into the next news. But as I said above until £1 I will be hanging onto my core holding. I will vary this trading stock by stock based on my view.

Good find DJ by the way..

As Woody said, all pretty standard stuff.

Looks like they can issue millions of shares to institutional investors at a large discount without offering shares to every PI.. They need to raise a few £M to get this project off the ground so getting a few big investors is the quickest and easiest way. Nothing really unusual in that.

Yes we will be diluted but hopefully they will then be relisted with cash in the bank and can grow this offering beyond dilution.

Not sure why they did not just provide a link to the resolutions and save 2 pages of further conspiracy theories on this BB? Plenty of shares on AIM have institutional placings that dilute PIs? They do seem to have a habit of messing up communication..

Anyway the sooner they list and allow the never ending negative posters trapped in here to sell up and go the better.

Moosematics - I put “technical” in commas because I was being ironic. There is nothing technical about it, currently, the markets breathe in the very short term as the “technical” traders battle it out. None of them, the MMs included, do not care about fundamentals and real value they care about making today’s profit.

In the medium term we will be talking about this share price in £1s and all the silly short term noise will be forgotten.

They will not give 2 hoots about short term SP because they know what they are building a multi bagger from here.

As said previously unless you are going to trade the short term SP it serves no purpose discussing it.

Shame really as this board normally has some great fundamental and opinion pieces all currently drowned out by short term SP posts.

Just an opinion...

Just an opinion....

They will have the shares to cover their deals, it would be illegal not too. They will probably now buy these shares in large chunks and sell them to the traders next week for 45+p with a large spread... As Nick said, coiled spring...

They have the means to keep this share in a 40/50p range until news hits. For the brave go for it. For the sensible ones hang on, when news hits we will be at 59p before you can breathe.. A 50%+ upside from here as long as you can live with the short term roller coaster..

Even I treat myself today, another 14398 @ 37.95p Just took some of the upside on another investment.

My trading account is currently playing havoc with my love of round numbers though, now hold 214398 BMN shares, so will hopefully round this off tomorrow.

There is clearly a “technical” retrace going on but I do agree with @Moosematics that BMN does not have the trading history to predict anything other than short term waves. The short term charts do look awful at the moment (1 day or less) but only because of the percentage rise in the first place and are meaningless.

MMs know where people like Chartist are expecting the price to go so oblige them before catching them out with a rapid jump. It is all a game played for short term gain and most Personal Traders lose at this game.

The game may be rigged, it may even be manipulated but I do not think it is illegal. I personally think those who obsess about the short term SP on this board would be better served by learning the rules rather than constantly abusing the players.. Or even better buy and hold and ignore the short term noise.

There are some excellent fundamentals posted on this board but most are drowned out by the constant short term SP obsessed posts. Yet, as soon as a trader like Chartist joins in he is castigated because he dares to say short term prices can go down on the way to a longer term up trend.

Right back to my life...

Interesting stuff Worzel. Should be a good 2019/20 I think.

Yep got a small stake stuck in LION but try not to look at that BB these days, too many angry traders who want their money out for my liking. Should come good hopefully but was always a punt unlike my investments in ATM or WRES et al.

Expecting a few multiple baggers in 2019 in my portfolio and this is on my top 5 list. Have a prosperous 2019..

Boom, £3M delayed sell. Obviously they did not want to stop the PIs piling in today after they moved the price up.

Still a big seller out there imo. Funny how we had more chat than usual on this board today?

Anyway, as always GLA

Got to say 6p was my stage 1 expectation. Which, because lower costs equals diluted levy, I get to 30p for full stage 2. Stage 3 is really exciting though! Expansion of Namibia to 10k ton and a local smelting plant.. that’s my 60p by end of 2021.

I really do like being in some great miners at the moment, BMN, ATM, WRES. Very exciting and very under valued.

GLA all

Just to clarify I never mentioned cannabis it was Troajan based on him nosing at my buys.. To be fair a few pages back there were people discussing a cannabis trade on this BB.

And yes, it is only a loan at this stage, although we all know there is more going on behind the scenes.. and by the way I do read RNS’s

That said, I am not going to put £4K into something I am not keen on.. more news to come. This is the deal of 2019 in my view...

Repaying the loan was something MM was keen to mention at recent shareholders meeting? Depending on interest rates and obvious penalties I would repay once Regua was up and running and La Parrilla was fully exploited. Which I think is MMs plan. Once chugging along at $100M a year a whole different game..

Yep Troa the first one was a bargain.

Got a tiny little toe in this one, I know they have only made a loan to Comarco but it was too big a one off deal for such a little company that there has to be lot more behind this one. Even if the loan is repaid that is a lot of cash for them to develop the initial idea.