Member Info for BringMyReward

Yeah would be nice if metals start going up again. Also hope some of Birdies companies start flying (excuse the pun lol).

True mate, but that's why I said based on what we know it's unlikely... There's also a good chance that BMR and JLP might merge together before we even get a chance to expand or build a bigger plant. SZ is an 18 month drilling programme with all costs covered by GLR for now. We only own 15% so I doubt there will be a need to throw much money at that, and it's a long way off yet mate. All in all I'm fairly confident that BMR will sort its financial woes out very soon!

Here are a few classics from our resident basher to have a laugh at, and these are all from just one post lol. "The trolls here are Bring, Klueloss, Yaardvark who are undoubtedly the same account.. You can extrapolate their posts going back over 18 months in BMR" "Ps.. I have Klueloss and Yaardvark on filter as they offer absolutely nothing" "I'm more than happy to wait for the Bring brigade to get bored and move to their next victims. I'll be waiting until the placings have been completed, for positive cashflow to hit BMR's bank account and for the RNS and quarterly that will eventually confirm that maximum throughput and best practice methods have been achieved." lol based on the above statement it sounds like he'll be buying in at the very top - what a chancer! Enjoy your Monday folks.

Take your own advice and don't feed the troll lol. He's clearly ignoring the fact that AB has mentioned a placing for �1m plus warrants that could raise a further �1.6m. Then we have �2m worth of JLP shares that we can start selling after we start producing and then according to AB, we can also take on debt finance. So based on the above his several placings theory is looking fairly unlikely. I also have a sneaky feeling that BMR and JLP might merge together at some point in 2019. Who knows! His story about buying in after all the placings and after we prove we are profitable is a lie. Our MC will be much higher before we even hit production. His strategy is to get in as cheap as possible. In order to achieve that he's trying to drive away the informed and positive posters, then he'll make up a load of rubbish to scare people into selling, or new people into not buying, then he gets his cheap stock. I don't think it's going to work though and the chances are he'll be banned long before we start trading again. Saying that, he'll no doubt be back as he seems very desperate to carry out his mission here.

3card, was it a "bring" and buy sale lol

Good post TerryDactil. Yes I agree, we need to avoid dilution if we make further acquisitions. Perhaps we could loan money, that's the only other way, unless we can find something cheap and pay cash for it, but again we would need to boost our earnings first. As you say, we could do with getting to �5m profits but without a ridiculous amount of dilution. We only have about 40% of the shares in issue in free-float, if this selling stopped I think we would move up pretty quickly. I am of the same opinion at the moment, just looking to hold and see how it goes. Hoping to see a big improvement come year end.

It was a good pitch but he seemed nervous and it was very scripted, he kept having to look at his notes. He could have said at the end "any questions please?" I wasn't aware that we come up with ideas for programmes and then pitch them to broadcasters, seems like it could be a tough market to be in with all the competition, but they seem to be doing a great job with all the commissions we have won lately. He mentioned another 1 or 2 acquisitions over the next 18 months, that sounds reasonable, and he thinks we can build up to �50m revenue per year. Sounds good but we need to start improving those profit margins. Could be worth holding until 2020 to see if we can sell the company, if we don't we should be trading near on 5p by then providing everything is going to plan. The next step now is proving that we can keep on increasing profits, and break back well above 1p before we consider another acquisition.

Read my post from 15:45 today. The plant won't cost more than £2.3m at this stage - plans have been submitted for a 5tph plant so these lot don't know what they're talking about.

I think I also remember you coming on here when we lost our licence and you said I had egg on my face. But here we are, with the licence back. It just seems like every time I post something positive about BMR, there is a JLP holder ready to shoot me down. Oh well, believe me or not but there's not long to wait before I'm proven right or wrong. Like I say, I'm not going to lie about a conversation I've had. I've been posting here for 18 months and I've got a decent reputation for providing research and information that others probably wouldn't share. I put quite a lot of time and effort into my posts on here, in particular the posts containing information on conversations I've had with the BMR directors. I do this out of the kindness of my heart, to keep shareholders informed, and give them some hope. The sentiment here can shift in the opposite direction very quickly, I'm here to help provide a bit of balance.

Go on, I'll take your bate this once... He said around 10% and he said it would depend on how much capital we can raise, something like that. He sounded confident in being able to loan money, that's the main thing. So stop trying to drown out my positive posts with your negative ones.

Lol, he's back to his old antics, but this time he's pretending not to be paddy. Is this your 7th account now?

Yeah, I wasn't really expecting to be able to charge them for plant feed, especially as it didn't say anything about it in the latest JV RNS.

Hi Paddwah.

One quick thing to note. If 3 private shareholders are looking to buy 11m shares each and another potential 11m warrants, that would mean all 3 would hold 22m shares each, plus what ever they already hold. So each would hold circa 5% or the enlarged capital in BMR. That's some impressive private shareholder voting power right there! Is it possible that they could combine their 15% holding and vote to appoint a non-exec to the board of BMR? Somebody that has shareholder interest at heart (vote for BringMyReward). P.S. If I make it onto the board of BMR before year end, all beers are on me at the AGM. I also rescind my offer to kick me in the nuts lol.

3card, you're entitled to your scepticism. When you say a hot line, are you just referring to a mobile phone? Almost every human being on the planet has one of those... If you are trying to say that I'm not telling the truth, then all I will say is, liars always get caught out, so I'm not stupid enough to lie on here knowing that an RNS could come out and prove me wrong.

Something to watch over the weekend... https://www.youtube.com/watch?time_continue=3&v=LaW_77SAjow

Time to end the speculating and just wait and see what happens... Have a good a good Bank Holiday Weekend All!!

Afternoon all, just spoke to Alex, I mostly asked questions surrounding the JV RNS. I asked the reason for talking to the ZG about the timing of construction and commissioning, he said that it is just to clarify the dates. With having the 3 month gap between 30th Sept and year end, they are basically asking if they can just get it built and producing by year end. He said we have submitted plans for a 5tph plant and sounded very confident that we will be producing by year end. The next few weeks are all about getting dates and plans clarified/approved. I asked him about the plant costs exceeding �2.3m, this is only if we build a bigger plant or get permission to add in the Vanadium circuit. I asked him how we would fund it and he said we can go for debt finance when we are a little closer to producing. We can get loan for around 10% APR. Asked about the indemnity section, this just means that if we don't disclose certain things to JLP then they could potentially charge compensation, so it' all about making sure we disclose everything that needs to be disclosed. I asked about the potential of having our 60% diluted and what steps we are going to take to prevent it. He mentioned the debt financing again. He also said that JLP can't actually acquire any more than 50% of the project anyway, otherwise it is classed as a disposal, and we're taking every precaution to maintain our 60%. I mentioned that they have enough already considering, he went on to say it's a good deal for both parties. Q: Will JLP be taking part in this share subscription? Will you be buying anymore shares yourself? A: He's not aware that JLP want to take part in it, he is currently talking to 3 investors about the �1m placing. He won't be putting anymore in as he's already put a lot in. Says he put in �40k when he exercised warrants at 7p (and recently in the placing at 2p). Q: With JLP being contractors/operators, what can they charge us for? Can we charge them anything for plant feed? A: Nothing, the deal is to provide �2.3m for the project, the only costs involved are production/running costs, these will be deducted before profit split. We can't charge them anything considering the dumps are right next to the plant. Q: It would be good to have some revenue before we start production, where are we at with the WKS? A: That will be the next phase once we get these dates confirmed and approved by the ZG. He didn't specify a time window for selling it. Q: What are the plans for the JLP shares we own? At what point will we sell them? A: Not until after we start producing, we want to keep a good relationship and not affect their SP by selling now. It sounds like we are going to be ok for funding additional plant costs when they do come around, he mentioned that it will be on a pro rata basis so perhaps it would give us more time to pay anyway? Nothing is certain but I feel much better after that call. Time to end the speculat

I'm not going to judge anyone for past actions. I'll have a think about the shareholder group, it could be a useful tool. ATB mate.

You make a good point about CB being a shareholder, plus he's on the board. I can't see him wanting JLP to take majority of profits at Kabwe, it'll hit his investment. I know he holds in JLP but I reckon he stands to make a lot more out of BMR if things remain the same. JLP are circa £40m MC, BMR has better growth prospects, and he's probably in at a low price already.