Member Info for BringMyReward

Sure, maybe I should have listened to you and sold my shares here...oh wait...you turned up after we were suspended!! Nothing I could have done then, have a good day...

P.S. If you're more knowledgeable then me on BMR, you must posses insider information.

You've not been posting here very long, so no, I haven't always been wrong, and I've made some good calls. I never said there were any guarantees of us resuming trading, I said recently it was 50/50.

If you want to continue posting here it's fine with me, I can't and won't stop you. But I do not value your opinions one bit. Anything you say isn't going to make a difference to the situation. So if you want to hang around and be the guy that says "I told you so", be my guest.

The reality is you've been here for months subtlety being negative on BMR, and attacking any opposing views, and nobody seems to know why, as you're not even invested here or in JLP??

I doubt I'll be having any direct contact with him, certainly wouldn't post it here if I did.

I was thinking that if you'd given up on your investment here, there wouldn't be any point in you posting. Just like I don't see the point in sidebar being here as he holds no shares. Each to their own I suppose!

It's a tough old game haha

Yeah I know that is usually the case, but I had it confirmed over the phone, unless I have been misinformed. I will let you know what happens.

In hindsight I might have steered clear of the stock market full stop. I'll give it 6 months and might call it a day if I don't start making some profits that are a lot more desirable lol.

Still, I have quite a low average here so if we re-list I'll probably be out if it turns into a pump and dump stock. I foresee many project delays over at Kabwe, so not expecting income from that in a hurry...

If they are sat in a normal trading account, then yes, you should be able to offset the loss against any gains.

Luckily my broker have kept the shares in my ISA, and I was informed that should we re-lsit, they will remain in my ISA. Not that I see it as being a big tax advantage now, unless I can afford to hold them for the next 10 years lol.

No need to post here if you've moved on then? I thought you'd moved on months ago when you bought into JLP?

No, it's not all lost. The company still exists and has some cash and assets. Also a profit share in the Kabwe project, if/when JLP get it up and running.

You don't trust AB, that's fine, I'm sure a lot of us agree with that, but what are YOU doing about it?

3card, if you want to know how long for Kabwe profits, I'd contact the CEO of JLP. He's the guy who's gotta get the plant built, producing, and turning a profit.

As for BMR as an investment, let's wait and see... If they can come up with a decent plan whilst we wait for Kabwe profits, it might just be worth investing in.

There's no advantage for me to talk up the company. We're not even listed yet and there's no guarantees that we will any time soon... It will be beneficial to JLP if we do re-list, so I'm sure we will get the full support of JLP, our largest shareholder.

Rofert, if I'm attention seeking on a bulletin board of a company I'm invested in, what exactly are you doing here?

I don't see how they can get around that. Even if they acquire EML, they still have to pay us a minimum 11% Royalty payment.

Our biggest concerns should be, how do we raise money to re-list, and how do we raise money to fund projects?

JLP will now have to honour all the licence conditions, as well as pay for the environmental clean up? All responsibilities now rest with them, just hope they don't find any skeletons in the closet... Maybe MA's bones buried in the tailings??

I wasn't saying JLP should buy BMR - I was just pointing out a few arguments for and against. We could talk about the pros and cons all day...

I don't really see what liabilities they would inherit? All our legacy issues surround Kabwe, and that asset has been disposed of. JLP would be buying back their shares and the other assets we own, Star-Zinc, Ester etc. What liabilities do we have?

Nobody cares what you think, Rofert. You're just another useless troll commenting on a company you hold no shares in.

Danlaur, Sidebar doesn't own any shares in BMR, or JLP for that matter... Go figure!

Sidebar, if you have no interest in BMR and your concerns are purely over Kabwe, I would take those concerns over to JLP. It's not our project anymore, it's theirs, and we will just receive a profit share or Royalty payments. Instead of coming on here pointing out the obvious, leave us investors to sort our own problems out.

Obviously the below valuation doesn't include our potential profit share from Kabwe and Star-Zinc, but we don't really know how far away they are, and how much they'll be worth.

Looking at it from another point of view, if JLP did buy BMR they would then have 100% of the Kabwe profits, and get their circa 65m shares back, which could be sold off at a higher price at some point in the future. Would JLP shareholders be in favour of this I wonder? It could be worth millions to them in the long run.

In my opinion we could probably grow our MC by multiples if the company is run in the right way. Remaining independent could be better over time. I just don't see Borrelli being the man that can get us to that point.

Effectively that would mean they are paying about £5m for BMR. They would get their own JLP shares back, which they would probably place in treasury, and look to buy back or sell them at some point.

Is BMR currently worth £5m for 15% Star-Zinc, 80% Ester, and the Large Scale Mining Licence in Kabwe? Maybe not...But if EPL own the licences to Kabwe etc. that could be worth quite a bit.

My thoughts are that Leon doesn't really care about BMR, the project lives on with or without us. To him it's just a bonus for JLP if we re-list and actually become worth a decent amount. A large placing will be required to get us listed again, what will it require to actually fund the projects we have?

JLP won't buy us out, they got what they wanted. Borrelli handed it over, in the interest of shareholders of course...