Member Info for BringMyReward

Thanks for the well wishes. I sincerely hope you mean them.

Some JLP shareholders have been saying for a long time that BMR are selling down JLP shares. This is not true so you can't blame the fall in SP on BMR. We don't need to sell shares when we have investors with deep pockets wanting to put money in here. They know they are onto a winner by investing further in BMR. If I had a large amount of spare cash I would have approached AB myself...

I wouldn't be too concerned about the JV. It's a formality as JLP are fully committed now. I agree that it would be good to get the placing and JV out of the way before commencing trading, that way it will remove any doubts/fears etc. They only have 12 days to get in signed off so not long either way. Regarding the placing timescale, he said it should be imminent. We've heard that one before but I would imagine it can't be too long now...

Don't know if you misread my post but it doesn't sound to me like they are struggling to raise the money. Meetings must have taken place to discuss and they have come up with a figure of �1m at 3p, plus 5p warrants. Choose to believe it or not but it won't be long before we find out.

No probs mate. Yeah I think his comments were a little unfair towards JH. Sounds like they are using him as a scapegoat and putting the blame on him. I suppose it happens in business. JH is a decent guy but maybe he had been a little gullible where ACI was concerned.

3card, I'm surprised at your comment. You've never questioned what I have posted before, and I have posted many of my conversations with the board up on here. I pretty much quoted word for word what he said about JH. I wouldn't make that up. He couldn't tell me much more other than what he said. I can't give an answer as to why the JV is taking so long. Last I heard LC was finalising the plant design so maybe that is still on-going?

Yeah, I asked if it was all private investors and he said yes. I think this is good thing as the investors are likely to hold on to the shares for the longer term, and they will have the means to also take up the 5p warrants if we surpass that level within 6 months. So good news on that front if you ask me. It's just a case of waiting now...

Right, as I said I spoke to AB, firstly I said well done on getting the licence back. He said it's a bit like having your bike stolen and then getting it back, it should never have been taken in the first place! Here are the questions I went through... Q: Reason for JH resigning? A: Can't say much at present but he's 80 next year. He's done his part and now we have JLP we don't need that level of experience. He was also responsible for the ACI deal (nuff said lol). Q:Are we going to be presenting at the UK investor show on Sat 21st April? A: Doubtful as we are waiting to secure the �1m from private investors. They are happy to put money in at 3p as they know the company will be worth a lot more once we are producing. Q: What's the hold up on trading being restored? A: Hold up is waiting on the placing, it's all private investors that are putting money in. It should be done 'imminently' then we should resume trading. It will depend on how long it takes and if the Nomad is happy with it. There is a possibility that we will wait until the JV is signed off but he's eager to get back to trading once the placing goes through. Q: How's the JV coming along? Still same terms? Anything likely to change? A: The JV is progressing well, terms should remain the same. JLP are still interested and believe in the project. They own 29% of BMR and can't expect to own anymore than 40% because it is BMR's project after all. Q: Will we get funding from ACI? A: Still no money from ACI. I mentioned that JH told me about them having money and they would release it once we get our licence back. I said that they could have just been saying that to string us along. He agreed and said they still haven't come up with it and JH liked to look on the rosy side of life. On a final note I told him to consider updating Twitter, he said he will once he can be a bit more open about things...

Just had a quick chat with AB. Will post up after my next meeting.

It's from JLP's RNS - 15th Jan " It is also noted that Colin Bird and Tiger Resource Finance PLC, a company of which Colin Bird is a director and shareholder, own in aggregate 3 006 250 BMR ordinary shares."

So you will be pleased if people make money here? but last week on the JLP board you were wishing that JLP took us over on the cheap. You change your tune more than BMR changes its Directors. "The less money they can raise the more chance it will go wrong.. Lets not forget that we hold pref shares too. I know i sound cynical, cold and horrible about it. But putting aside the personalities of faceless usernames. What favours do JLP have to BMR. I'd rather it be difficult for them, I'd rather we take the whole bloody lot."

At least the phone won't be permanently engaged now with Jezza not being on the phone to ACI lol. Unless the Bird has taken over that role? How long before he starts Tweeting?

It might not, but it would be a major distraction. Neither company can afford to take their eye off the ball where Kabwe is concerned. That deadline must be hit.

I could be wrong but I'm thinking if JLP tried to buy us now it would likely slow everything down, and we would never make production by the deadline. So it's more likely that it would have to happen afterwards, if it was going to happen.

Paddwah, you are quite the comedian, I'm glad I took you off filter. How come you went from 50 posts to 650 posts as soon as we got our licence back? What have you got against BMR? lol

So who's gonna replace him? I can see why he's gone in favour of CB, we don't need two mining experts. But they said in the RNS that they are looking to appoint a new non exec "with experience of the African natural resources sector". Who could it be?

So who's gonna replace him? I can see why he's gone in favour of CB, we don't need two mining experts. But they said in the RNS that they are looking to appoint a new non exec "with experience of the African natural resources sector". Who could it be?

Hoping for a Friday RNS myself. Then I'll have a glass of whiskey to celebrate - a pint glass lol

Your welcome to use any phrase you like. I was just pointing out that you copied a phrase from a guy who is just as clueless about BMR as you are. Well, I might give the guy some credit and say you are the more clueless one. Lol. Death spiral a? That's another phrase that TBTT has often used on this board. I'm still waiting for it to happen though...

Didn't he get the term "ghost company" from TBTT? I'm sure I've seen him use that phrase over on the JLP board. I wouldn't take much notice of him either, he sold at 2p and said it was because of a false rumour posted on here lol. Not long for that 3p placing now, Paddy...