Member Info for blakeney

Nicely timed purchase, gudonya.

Took a while for an RNS on this holding, Nicholas Sutton acquired a 6.07% stake on the 10th August 2017. Mmmm !

Hi BB, I agree with you to a degree, the current offer price of 2.3p combined with the wide spread may initially deter some buyers, but reckon it mostly deters the day traders, do we want them ? Naaaaa. Serious investors would surely take the trouble to ring their broker to check the live price and size available, that's what I do anyway. Although not a holder of Gem Diamonds (market cap �105 million), I noted today's 5% ish rise in their share price following the discovery of a couple Mr Kipling class stones (exceedingly good). One can only speculate as to the effect a similar discovery would have on the share price of a company with a market cap of �3 million. I have of course no reason to anticipate such a discovery in the near future at least, and in comparative terms, a steady spoonful of sugar is okay with me for the foreseeable future. It's my birthday on the 25th March, which could coincide with the quarterly production/tender details update, so it might be a case of "It's My Party and I'll Cry if I Want To" or "Something Tells Me I'm into Something Good". Then again a faint heart never won a fair lady,so it's just as well that I've already got one !

Snap

.....buys at 2.8p, 2.82p, and 2.9p, something afoot ? It wouldn't be before time. Still live in (probably misplaced) hope, rather than any objective optimism.

Hi GM, not seen a dickie bird. I was encouraged to increase my holding after the September Open Offer which the directors supported at 3.25p, mainly it appeared via the excess entitlement offer. Situation seems to be reliant on funding at present so any good news in that respect should result in a decent price rise, if and when it ever materialises.

Cheers BB, missed that, I'll have another gander at the interview... stupid boy ! Agree regarding any cash call for capex and could only envisage one for projects other than at Kareevlei, personally I would like to see them concentrate on the five Ks for the time being, but if the directors, who always appear to support any placings, got excited about other areas, then who knows ?

Hi dcode and all, that of course is the million dollar question. The RNS dated the 5th December mentions the reversion to quarterly reports, with the first one due around the end of March, which will include the tender figures for January, February, and March. I am therefore hoping that any tender figures for December are released within the next few days. I am fully loaded with Bluerock and personally hoping that 2018 will bring a steady consolidation/increase of revenue, but would of course be happy to see some nice quality larger stones, which remains a possibility. My last and probably final top up was immediately after a large sale had just gone through, negatively affecting the price. If I were to make an initial purchase I would wait for a similar sale to be executed, maybe by the likes of Spreadex Ltd whose holding intrigues me. However this runs the risk of some good news being announced first. Good luck whatever your decision.

Just had a tickle on Relentless Dreamer (very apt under the circumstances), ridden by James Bowen being a really good claimer. He also rides Cracking Destiny in the last race, can't resist that can I ?

Personally think it was Spreadex reducing from 4.9% to 4.1%, therefore no threshold crossed. Only my 'umble opinion though.

Hi BB, I'd not really thought of it in those terms before but now with a million shares suppose that I could be in the top half dozen or so. It now represents a very unhealthy high percentage of my SIPP so I do not intend to make any further market purchases but would, if the opportunity arises, support any open offers or placings. AIM shares like Bluerock often attract an unwarranted amount of negative press with many investors, including myself, having had their fingers well and truly toasted. I have put the kiss of death on many AIM stocks, but also had my SIPP almost wiped out by the likes of RBS and BT. I initially purchased BRD a few years ago at around 12p and have been watching it ever since, I basically like what I see with Adam Waugh's most recent addition of 1,714,000 shares at 1.75p being a sort of base line for me. I may be wrong but think it was Clement Freud who said something along the lines of "any punt is unlikely to prove lifestyle changing unless it hurts a bit if it fails", which to some extent sums up my position. I may never get that new Honda motor in which case, knees willing, I'll just continue riding my bike. My biggest worry at the moment is the missus finding out that I've gone overboard on this stock, that is of course until it hopefully creeps up a bit. Here's hoping that 2018 is a good year for all private investors out there. Blakeney aka "A Fool on the Hill" or could it be "Golden Years", by the way Blakeney was a horse I backed ante post to win the 1969 Derby, it was stone cold last going round Tattenham Corner but found a gap on the rails and stormed home. Won £116 when I was on a fiver a week, happy days !

........at 2.08p, not quite the 2p I was hoping for but price seems to have been knocked by yesterday' large sell, maybe Spreadex again but purely my guess.

Still shows as 9.4 million with the RNS on the 6th December indicating a position of 4.87% (about 6.8 million), the figure in the corporate presentation also being out of date. Not impressed by the company reverting to three monthly reporting as AIM shares can often drift lower with lack of news, but still doubt that I will manage a sub 2p top up. Not complaining though as already have a larger holding in portfolio percentage terms than I am told is good for me. Got to have some fun/something to worry about though eh?

.....leaving a limit buy order at 2p while I'm away now, happy to stick for the time being. Not long now before November tender figures are announced which hopefully may include some encouraging indications for sub 20 metre level.

Was doing nicely yesterday until the sellers came out to play, Spreadex reducing their stake with a 'potential' eight million or so to go may serve to keep the price a bit subdued, subject of course to the figures from the November tender. Mostly down to timing I suppose but personally looking to increase my holding if I can get some more below 2p, and as I am shortly away for a couple of weeks intend leaving a limit order in place before I go. Never been good at mysteries but can't help wondering if there is a connection between the Spreadex holding and other major shareholders, be it positive or negative to the long term share price. It is virtually impossible to come up with any sort of projected share price for BRD but Adam Waugh's recent 1.75p top up remains a baseline for me. Waffle over.

...in a sea of red today.

last two trades at 2.5p and 2.55p.

Yes looking like it could be an interesting run up to the November tender figures. The 440,809 'delayed publication' trade at 2.1p stands out a bit, and there are a few trades on NEX, 1.948p, 2.04p ,2.12p, 2.17p, and 2.05p.

Timed the 2.045p buy well didn't I (not).

Top up at 2.045p reported as a sell.