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This won't be related to the Trading Update, which I expect (and they have essentially confirmed) to be good - it is likely the discussions with the new legal team re. UK litigation are holding up the release so they have a solid future path prior to giving the update.

Just on the note of Hardman - looking back, whilst they did state May for the Trading Update in their April newsletter, they also said that in March, which was prior to the statement released by Premaitha. It could therefore be that Hardman just didn't change their original prediction as opposed to having insider information on an updated target of May. Only 3 trading days left in April though, so we'll see!

Difficult one to call - the RNS where April was mentioned as the possible release date for the Trading Update was on 26th March so really not that long ago. One would therefore hope that it will indeed be April. They mention the next steps re. options for the UK will be published alongside the Trading Update - if anything pushes it back into May this might be it. I would hope that it will be somewhat definitive by then i.e. full clarification as to what the company intends on pursuing - if it's full removal from the UK then a timeline would be ideal. If full meat on the bones means waiting until May then I have no issue with that As mentioned a few posts ago, Hardman stated May for the Trading Update (in their April newsletter) - not sure if this is following updated guidance from the company or not. I'll go for either 30th April (Monday) or that week.

Thank you

@Funki - incidentally, what was the price target set by HSR?

'But until they are certified core samples no-one will put their hands into their pockets' Not entirely sue that's true given that KS revealed interest in Salinbas has already been batted away. I think they could sell it or get a JV partner now but it's only logical to find out the true potential first before cashing out. 'Does anyone know if there is an ore stockpile to keep the mill going over the winter?' KS briefly explains this in a couple of videos/podcasts out there as to what they're doing now to mitigate poor weather conditions in the winter months.

by Nigel Somerville. Still thinks a cautious near term target of 2p is on the cards. I think that would still be be too cheap, but not a bad starting point.

"There has been some interest in Salinbas - we've been batting off that interest because we want to get an understanding of what it is we've got and then perhaps later in the year once we've gone through all the field work and really understood the project then we can start to consider some of those strategies" - Kerim Sener Looks like Tracylied has called this exactly.

Nigel Somerville still very much bullish (for what it's worth).

Unlikely that TW will write another article on BMV - he still holds his shares, but when the rumours surfaced around the Philippine mine audits it was removed as a HotStocksRocket tip so therefore unlikely he'll mention it again. TW did, however, briefly mention it in one of his Bearcasts in the recent past after the update on BMV's trading arm - his calculations suggested that with the volumes mentioned BMV would be on a PE of below 2 so shares here are incredibly cheap. We have of course since had the interest from this unknown party wanting to buy a majority stake in the company at a premium, so potentially even more attractive. As for the potential offer, DD could be the reason. There are a couple of large shareholders who would have to agree in order for anything to go through (without them the vote is irrelevant), so presumably the premium would have to be significant enough in order for them to be interested.

I would say another deferral is likely until refinancing is complete. Refinancing is probably, in my opinion, largely complete but likely waiting on the crucial permit/authorisation to sell the gold being produced. It's therefore a bit of a chicken or egg scenario at the moment, but with strong majority shareholder support I don't foresee much of an issue.

Same for me as well. Certainly not a great RNS but seemingly way oversold - dividend of 4.5p also coming in December for those on the register on 2nd November.

Bearfacts - I'm not accusing you of making false statements, I'm telling you that you made false statements. I'm not suggesting that you did this for a malicious reason, just simply that you clearly got it wrong and evidently still can't see that. See Slugworth's post for details.

"Read the facts" - that's a rather apt. statement, don't you think? You clearly didn't read the results carefully. It's probably best you do so again before making false statements. You've read it as the company having 750k GBP in cash when that is what they paid as part of the acquisition - there is, in fact, 3.5m GBP as of the end of July 2016 which , as the company has stated before, is more than enough for the next 12 months (without considering income from Chinese operations).

a Market Cap of 440k GBP.

Taken my personal stake here to 2.4% of the company. By my calculations only around 32.5% of all shares in circulation are available to the public - let's say, at a guess, 15% of that 32.5% are in the hands of PIs who are holding for the long term, that means there are only 2.2 million shares in free float. That is an incredibly small number and given the market cap of circa 360k GBP (trading at a discount to cash in bank), it will only take a bit of interest here (update on investments or potential reverse takeover) to send the SP north. I'd be happy with a 5-bagger from these levels.