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This stock, especially with such a low SP and about to submit the Carotid Steno tic Scanner for FDA approval just has to be one of the best opportunities around at the moment. the risks are reducing day by day and once it takes off (1st sales planned Q1 2019) the SP should soar. I'd be interested in anyone else's opinions though.
a comma or a coma sound like both probably apply
The point is though that Leon is staying very close to the ZG and keeping them on board all the way so that the impact of any delay is fully understood and agreed with them - there should be no come-back but having said that this is Z and I guess that a 'Blue-Square' moment could come at any time.
BMR Group PLC
Kabwe Project and Delisting
The Directors acknowledge that the Company was delisted from AIM today and are particularly disappointed having made significant advances in recent months with Jubilee Metals Group Plc ("Jubilee") on the Kabwe project and in securing a prospective new nomad who recently visited the Kabwe project.
As announced by Jubilee today, BMR and Jubilee have entered into discussions under which Jubilee has offered to fully fund the completion of the Kabwe project against an immediate fixed dilution of BMR's interest in the Kabwe project.
BMR RNS
The Directors are pursuing a number of options in order to maximise value for shareholders including seeking an alternative trading platform for the Company's shares with the full support of Jubilee, its 29% shareholder.
Yes, and judging by the lack of posts, one that no-one really understands; which make me feel uneasy.
You give him too much credit; the sp has been in decline because no one has an efin clue, (including them) about how much profit JLP will make this year; and the constant slippage of milestones doesn't help.
We had ABSOLUTELY NOTHING to do with spreading anything around North London; that was all BMR. All we (JLP) did was to allow them to sell some shares earlier than had been previously agreed.
You assume that it is Esco; this is Zam, could have been cancelled and rescheduled several times since then depending on how many greasy palms outstretched.
Have sent them a message asking why no promotion - can only think that they are only interested in attracting institutional investors and aren't interested in PIs (which probably accounts for the stability of the SP) and to some extent I cant blame them for that, however the lack of visibility opens them up to shorters etc who can exploit the lack of positive news flow.
Just bought into here on the recent drop; looks to me like a well run company that's growing quickly AND paying dividends so what s not to like . . .well, maybe the lack of promotional activity carried out in the UK; they're not selling themselves and it seem to me that you just stumble across them by chance rather than them having any sort of profile. Anyway I'll stick around for a while to see which direction it decides to hobble in.
Unlikely - I know the calculations are probably quite complex but I'd have thought it cheaper for Northam to put some of their mothballed operations back on-line before investing the billions needed to sink a new mine.
Yes, and we don't even have to pay for the refurb.
All depends on the level of institutional investment they are able to attract and they will only do that by hitting milestones and setting expectations on income and profit for the year. Without substantial institutional investment there will always be profit takers frustrating the life out of us investors.
Looking at the Kabwe map I wouldn't be surprised if Leopard Mining didn't want our area as it does seem to be smack in the middle of theirs.
My take on it is that the 'rogue factors' mentioned in the RNs were probably being incentivised by larger foreign mining companies to transfer the licence to their benefit. Now that these factors have been routed maybe the licence will be re-instated fairly quickly.
Maybe even the MMs are getting bored of the wait
He's made it quite clear why he doesn't buy shares directly and in fact has lots of skin in the game as has been partially taking shares in lieu of salary for about 3 years but if you're not convince then perhaps you shouldn't invest.
I guess we should see an RNS today to say that the Approved Work Programme is in place but that the final decision to proceed will be dependent on the resolution of the ML issue, so basically a delay to the programme until resolved.
I stand corrected . . thanks TbT
We are processing tailings only; we don't have or necessarily want the Mining Licence, mining is not the business that we're in and as far as I can tell neither Colin or Lean have expressed any interest getting into it. The only relevance the ML has is for the continued replenishment of tailings once the current stockpiles run out.