Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Can anyone help me on where to find Ocado's Christmas Holiday trading figures?
There was no specific RNS for them last year. I see they will publish full 2018 figures on 21st January this year.
If anyone knows where these figures could be found it would be much appreciated. Thanks in advance
That someone has actually written a book about Botticelli duplicity is unbelievable!
Is this book what attracted CB to hiring AB to be in charge of BMR. My goodnesss.
I have posted by latest letter to AB on the BMR watch site.
...our fcukwit CEO selling about 16M of our JLP from the BMR coffers.
BMR LTH's only have three things of any value anymore, a) 12.5% of the Kabwe Royalty b)81M JLP shares of which we now only have 31M left and c) a small amount of cash.
I have bought heavily into JLP in order to hopefully realise some of the Kabwe profits and also because I think it is heading in the right direction as a company.
Looks like about 16M+ JLP shares have been sold.
VIG, I will leave this to you!
My Right Honourable friend for Rose wall has misinterpreted my statement. As a long-term shareholder of BMR and a new even largest shareholder of jlp I would like both companies to do extremely well. I would hope that he would not be grudge BMR shareholders of the Returns on our paltry 12 and a half percent royalty coming from kabwe for completely giving up a company. It would seem completely reasonable for BMR investors who have sunk savings into the company in good faith be enabled to get there money back after jlp expenses. Once that has been achieved with a time frame around 4 to 5 years from now I think BMR should then sell that royalty back to jlp
Thinking that AB and CB are acting in the interests of BMR shareholders is an illusion. CB's intention is to get as much of BMR & GLR under the JLP umbrella and AB's intention is to do as CB says and take the 12 pieces of silver offered to him down the line for his betrayal and also to remain in a salaried BMR position for as long as the money holds out.
Could we leave this pointless bickering on one side,
It looks like those JLP sales this morning were BMR getting rid of some of their share of JLP shares that have a very good chance of a steady rise in order to buy some pig in a poke.
The info@brm address bounced back so I sent it by post.
Mr. Borrelli,
I am writing to you as an owner of over £xx,000 of BMR shares. Having read your RNS statements and sentiments, I believed you when you said that you saw your role as BMR CEO to reinstall shareholder trust in a company previously ruthlessly exploited by the previous CEO. You stated that your mission was to realise BMR share value to its long suffering shareholders. Since that time the story for BMR shareholders has become even more one of unfulfilled promises and false hope.
The purpose of this letter is not to berate you for your management of BMR. I am writing to communicate to you that I am very sure that by far our biggest asset is the Kabwe Royalty agreement with JLP. I wanted to communicate to you and the BMR Chairman that I do not want this Kabwe Royalty sold off or used in part payment for any future BMR acquisition or joint venture with another company. The same sentiment also applies to our JLP shares and the number of shares currently issued for BMR as a company.
If enough shareholders share this sentiment then I hope you will not suggest that you were unaware of such feelings at a later date.
Faithfully, A
cc: BMR Chairman
F Forsyth's 'Dogs of War' to read over Christmas
I am not sure if bombarding Borrelli with "daily emails which spell out precisely the depth of contempt which surrounds his mismanagement of BMR" will be conducive to him interacting with shareholders or ever hold a public meeting.
If the Kabwe Royalty asset and the JLP shares are our biggest assets then sufficient communication from shareholders to the effect of our wishes for these (categorically) not to be sold to raise cash for any acquisition, should make it more difficult for him to proceed. Maybe.
I have no idea what your post means. It may be due to my lack of 'lookiing in here' often enough or just not being involved in your previous beef.... neither of which I am interested in.
Bring. What you are suggesting is that the only body that stands in the way of BMR LTHs getting some of their money back is the BOD. That is fcuked up! I will continue this on the shutterfly board.
Thanks for this.
So. In a couple of years we will have significant income coming in. The only thing therefore stopping LTH's of BMR recouping money is a) the drain of BMR funds by BMR staffers and b) Acquisitions that will dilute our market cap.
Therefore mothballing BMR until is has accrued sufficient funds to disperse amongst shareholders seems to be the 'least risk' option.
Question. Is the 'BMR Watch Group' @ 15% of the company (I am a member) able to steer Borelli and his cohorts away from getting the company involved in a long lead time acquisition?
Question. Are they/we able to get rid of that layer of management so that BMR is a private company solely slowly accruing capital.
If it is correct that we will gain 12%'ish of Kabwe profits, JLP said in their podcast :
http://webcasting.brrmedia.co.uk/broadcast/5bfc0a9dde87317597836b02
that the vandium profits (after a couple of years of staggered investments in processing) will far exceed the combined profits from the Kabwe lead and zinc combined.
I have put the same proposal on the BMR shutterfly board for discussion there.
JLP shares. Silver. Gold. Bitcoin. They all involve risk. Straight forward investment may be the way forward. Open to discussion.
Borelli would benefit from his 4M BMR shares increasing in value in an agreed manner.
The main objective of the strategy I have put forward is to stop Borelli et al from continuing to gain a salary and access to BMR monies having let the company go for next to nothing and hiving off £400k of assets for no result. He should be dismissed. The strategy also would stop a futile venture which continues management employment for its own purpose and dilutes the little coffers we still have.
Discuss
could I just confirm what I think is our financial relationship with JLP.
We have about 46,503,697 JLP shares.
Once JLP have taken their investment money back (about £4-8M?? for larger processing plant. no idea?), we get 12% of Kabwe profits per year. Is this bit correct? i.e. our 'profit' money comes from Kabwe profits and not JLP profits?
My reasoning is that after 3 years or so, a % of Kabwe profits and nearly £50 M JLP shares, we could start to accrue actual money. Another 2 years or so of that fund increasing (assuming a healthy increase in JLP share price, which they seem to be poised to do) , we could have sufficient funds to divide up between BMR shareholders.
I am very convinced that the alternative is to let Borelli just 5hit us along until all BMR is gone. The £415k of money pi55ed away to 'Blue Square' is another matter.
....... Yes, that period of the webcast was confused by CB's incoherent ramblings and poor sound quality. Also, they talked about being the only zinc refinery in Zambia and not lead, as I reported.
How about this for an idea. All BMR directors and staff are dismissed. Any monies in BMR coffers are used to buy JLP shares. The 12% shares in JLP are managed by an intermediate. After JLP have got their investment money back, a % of Kabwe profits come back to BMR. Any profits are reinvested in JLP and the entity of BMR 'money' stays put. No relisting. No drill holes. No nothing. No BS. Between BMR investors (via investor group) we agree a price when we sell our stake in JLP in order to get back our BMR money. It would take 3 years or so but with no directors and no new acquisitions (that will be dragged out by Borelli until the money is gone. That is a cert.) we should get a proportion of our money back.
RSI now going up after an 18% fall. Hmmm games afoot!