Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Andrew.W - I can imagine that it was challenging - as a former member of the Two Rivers Gliding club in Germany I used to watch the gliders on Sutton edge soar in 3m/sec lift (and more) and try to work out where the corresponding areas of 3m/sec sink were. I bet a good few people landed out. Have a nice day. Compos
KN. I thought resolution 14 and 15 had more to do with the UK main market. It seems logical to make those changes for a UK Company but perhaps not so much for an RSA one? But that is not an expert opinion - I'm ticking the boxes!
Compos
For me there are interesting known unknowns regarding the next few months which will affect the SP and our happiness. There will be contributors who can add depth and clarity to the current status of BMN so please feel free to add (or detract).
It is believed that MUST will be the subject of a RTO by BMN. In which case:
I wonder what the new Company will be called; BMN, MUST or will the opportunity be taken to choose a new name, perhaps more fitting for a Company which has more than just mining in its prospectus? A name change has been suggested on this board before, but I forget by whom; perhaps this is a good time to make a change.
What will the SP of the new share be? I don't know how these things are worked out but presumably the new share's SP will be determined by the assumed value of the new Company, now listed on the main market. A main market listing is seen as key to the ongoing progress of BMN and will allow many investment funds, which are currently barred by their rules from investing in AIM shares, to invest in a share that has enormous potential. That will surely make the SP rise, will it not? How will that effect the opening share price?
In an RTO, how will individual's holdings of BMN shares be translated into the new share and at what price? Will it be 1 BMN share for 1 new share? Considering the difference in SP of BMN now and MUST when it was suspended, how will that difference affect the outcome?
And, cynically, to what extent are last weeks interesting share sells and buys an indication of an awful lot of pre-positioning by large organisations, including Canada (remembering the recent judgment in favour of BMN but where issues had to be resolved between the two parties).
These are some of the issues I am pondering over and would value other folks opinions.
GLA Compos
It has been a quiet start to the fiscal new year for me as I have nothing left to invest at the moment. I set my target holding for BMN shares in 2017 but the rises in 2018 left me well short of target. After constant reviews of the Company which confirmed my opinion that this is an excellent share with great prospects I have continually bought on the dips and, finally, in the SP lows of January achieved my aim of 1M shares which are, wef March, now all in ISAs. That took a while but I am a happy teddy. Good luck all in the coming year. Compos
I see that my latest top up at 9.8975 is listed as a sell so presumably those deals (sorry - bargains) in the same price range are buys also. Having missed 9.2 and 9.9 recently, I took the plunge as we are off to the sunshine in Madeira. Bonne chance mes amis. Compos
In MWs 1528/9 posts he has gone out of his way in an attempt to put adverse spin on a historical issue settled long ago. As that is unacceptable other than as one of the defining characteristics of someone deliberately trying to affect a SP I suggest all newcomers to this board should firstly ignore what he says and secondly treat whatever else he says with caution. For me he has come out and shown exactly where he now stands - which is that he is not a supporter of BMN. Why is of no interest to me.
That last post from MW is so bad I will not let it go. He tried this tack earlier on in the week in order to dis BMN and was discredited not least by Pdub and Jamie JJ. Apparently a small gathering of protestors turned up made a fuss and dispersed. They were not from the Company and had no effect on it or operations. It was over days ago (unless they have come back - in which case we will hear more). So why should MW now refer to social media reports of unspecified dates on an old issue when there is a whiff of suspicion that it was a put up job. MW you are not filtered - but you are on the watch out list.
For those who do not speak Dutch, in his 1331 post Drt said that he is tired of the negativity here, hopefully there is more information about Bushveld minerals there. I will not presume to judge the value of his input. Compos.
I am comfortable with two top ups below 17p and for those who did not get their chosen buy price - 'courage mes braves'. I have never hit the nadir of a trough nor the apex of a peak - so the last week of the year may prove a good one for investors. As for poor farmer. You are an oxymoron and as such cannot be real; bin 101 for you sunshine. I am going to have a good weekend.
Drake. There are three reasons you would call yourself Colonel; firstly because you are a serving officer in that rank in HM Forces and specifically the Army or Royal Marines; secondly that you have retired from HM Forces with that rank and are using the title in retirement as you are entitled to do; and thirdly that you have no entitlement to use that rank whatsoever. Whichever of the three is correct, you are not increasing the repute of retired officers of HM Forces. So, what Regiment are you serving in, or have served in? Compos