Member Info for IsleworthSpy

@ Impecunious.

I would suggest that any forward placing (with obvious warrants attached), will be solely down to further drilling results.

Nothing at all to do with BG.

I'm hoping that after 100% confirmation, there will be enough in the pot to progress Pepas.

@ RHT99 14.50pm. A question regarding your post below.

Blackrock are clearly having difficulty sourcing the funds. Despite the decimation of their share price """"they are not completely transparent with their shareholders why this is taking so long and why each finance milestone is not being met.""""

Are you suggesting that Blackrock are withholding price sensitive information?

And why ACP? There are hundreds of companies in a less than favourable position. Or do you move from company to company, to p*ss investors off?

What's the attraction in companies that you are not invested in? And will clearly never invest in.

I see today that RM are asking for volunteers, primarily in delivery, to form a group to deal with the possible changes to the USO, and best possible way to execute them, as requested by RM. Starting with about 25 staff, and possibly growing, most meetings will be online, but there will be face to face meetings.

Still to be approved by OFCOM, but this tells me that RM fully expect these change requests to be agreed.

@ Bhargav. Your post @ 8.01 today.

"""""@Isle- its not surprising for me that muppets can interpret views out of the context.

When I said I'm not interested in who's buy and selling at what price was targeted at the muppets club who's interested to know what price I bought in the past etc etc...

Of course, I'm going to keepo an eye on at what price the placement was offered to VIP and bunch and whether they're interested in keep their privileged position for long....and as I suspected unlike the Ceo of the muppet club, they're flogging, and that will continue to influence and dent the SP for as long as it will, then their will be warrants overhang season."""""

So, you are interested then, in the VIP sellers and buyers. And at what price.

Can you get any more ridiculous? Your constant nonsense tells anyone with half a brain, that you are NOT a shareholder. Certainly not one of any significance. I believe that you have sold out the majority of your holding at a loss. The 100% recent rise galls you. And the reason that you still hold a pittance of shares, is so that you can post here, and say that you still hold.

Bhargav???? More like BOREGAV!!!

The last i'm going to post to this pathetic individual, about VIP buyers and sellers.

@ Bhargav. Your post at 9.04 am today.

""""I'm not interested in who is buying or selling at what price,""""

So why do you keep on about the "VIP sellers" who bought in the recent placing, and are selling when the price reaches a certain level?

Is that not buying or selling, "at what price"?

Your lies find you out. Eventually.

@GordonBennett.

It was, and is, upbeat. BMN is still alive and sort of kicking. And i'm certainly not kicking myself. As i said, i've taken my losses. The waters seem even more muddied. Can you explain the RNS on Monday? Can you explain Sattars open hostility to the sale of Vanchem. and then his agreement to it? This is all odd. And then his holdings RNS?

FWIW, i believe that certain holders have bought at very low prices, and will unload after making some decent money. Just my opinion.

And then we have the sale from Acacia.

I hope it hits your forecast though.

@ GordonBennett.

I don't think that there is any chance of going above 1p, let alone hitting 2p.

Why was the RNS released to tell the world of possible suspension on Monday, through non payment of agreed funding?

Only to suddenly to receive agreed funding 4 days later.

Why did Sattar originally disagree with the sale of Vanchem, et al, and then sudenly do a u-turn? And also increase Portillon/His stake in the company?

Why has OMF suddenly agreed this funding? As a very large holder, would they not have been privy to what happens behind the scenes?

We've had a holdings RNS from Sattar. Maybe SPR next?

I guarantee you, that some people have made their money here. Buying post Monday RNS, and selling today and the upcoming Monday.

WHY WAS THAT RNS RELEASED ON MONDAY? It was clearly never going to happen.

I also note that Acacia were not mentioned in the RNS. And they dumped 26 million shares (not 24) post Monday RNS.

I'm out. I've taken my losses on the chin. Good luck to all still holding.

I like this bit from the RNS

"""First repayment of the Orion term loan deferred from 30 June 2024 until 31 December 2025."""

So, 7 million was due on the 30th June, now nothing for 18 months. I would suggest that Orion are confident.

Which raises the question: Why did Acacia dump 24 million shares the other day? Are they no longer part of "the gang"?

11th September

"""SPR is looking forward to being a significant participant in Bushveld's future success.""""

Yeah, right. Replace success with demise.

I also note from the 14th March RNS, that funds from the subscription for US$12.5M still haven't been received. So BMN cannot, and have not, repaid the loan from SPR. I would have thought that if the subscription monies had been received, and repaid to SPR, then an RNS would have been released. Or am i being picky?

And who were the SPR investors that defaulted? Causing more pressure on BMN's financials. And why was the original reason for the delayed funds blamed on crimbo and the new year? Or are the answers a big secret, too?

The more i read back into the RNS's, and re-read again, this causes me more and more alarm. If things do not move favourably for BMN (myself), and certain investors pick up the dregs for peanuts, i may have to look into contacting the FCA. And also seek advice from legal sources, about the strange turn of events, and new beneficiaries from BMNs unfortunate demise. And whether or not this is all above board.

@ Skibba, you may well be right about the re-admission.

My concern is the fact that BMN may be suspended. Why would this happen, when all the big holders are aware of the situation? Why would Orion, in particular, be happy for this to happen?

This stinks to high heaven.

If BMN do eventually go into administration, and get bought for a song by some of the big holders, then i sincerely hope somebody looks into this.

@ Skibba.

Initially, i thought he was brought in to steady the sinking ship.

All that seems to have happened under his watch is that SPR are taking apart BMN, bit by bit. The holes have only been plugged, but are still letting in water. It would seem that someone with great credentials, has been taken for a fool. Or, is it us investors who have been taken for fools by CC?

@PMC

It is odd, as the finances promised by SPR came too late. Putting pressure on BMN. That was Jan - Feb this year. SPR eventually provided "a loan", but only after about a 2 week shut down.

I cannot remember what happened to the £3M BMN were meant to receive from Acacia. Did it ever arrive?

And this latest default, highlighted today in the RNS. Nothing odd there? Orion now decide whether or not SPR can provide a further payment?

How do Orion and Acacia get their money back from their rather large share holding? At much higher prices, i will add.

SPR have clearly worked the oracle here, and stand to gain hand over fist. I can only imagine that Orion and Acacia are involved with SPR, going forward. And probably Sattar, too.

I've done my dough this time around, but i cannot wait to see how the future pans out for Vanchem, Vametco, Belco and the coal plant. Not to mention the other pies that BMN had their fingers into.

And i wonder, should the above all leap into bed together, as is looking likely, whether any "uninvited" large shareholder will have the guts to call them out.

Let's not forget that Sattar, did call them out, and then backed down. Why?

And why are Orion Mine Finance not wondering how they will retrieve their loan?

Game over.

How odd that some of our largest shareholders have defaulted on their financial promises.

That is one sizeable rollover, for a company apparently on it's last legs. Why risk 350 grand if the shares are soon going to be worth nothing?

Somebody, other than me, must still have faith.

I should add, that i would love to be wrong on the agreement thing. And would be only too happy to be called out for being wrong. Fingers crossed.

As i posted in Feb/March, i do not think this will be resolved this year. And i stand by that. I do not have any knowledge of any of the procedures in place, but OMI regaining 100% control is not a new thing. Brad mentioned this a year ago, so clearly something was in the pipeline then. And it drags on.

The fund raise rang alarm bells, if completion was near. The next raise could be done now, to mitigate any lengthy down side, on completion of the agreement.

I also do not think that any agreement will have a huge impact on the current price. Let's not forget that the price has increased by 100% since the "taking back Anza" RNS. Drilling and results will be a positive, IMO.

That's me, with my negative head on again.

My positive spin is, that the reason for the delay is that Newmont are also negotiating there holding in OMI. Agnico, who have been a positive in this, and are well versed in these types of deposit, will take Newmonts share holding and sign a JV with OMI. Obviously funding further exploration, with milestone payments attached, as the project proves it's worth.

Got that off my chest, and feel a whole lot better now. Time for a beer.

@ mike1974

I'm sure that Whistl got some compensation a few years back. Clearly, in their solicitors eyes, it wasn't enough.

As for DSA, i still don't get it.

If Whistl can pick and process this mail so cheaply, why on earth can RM "NOT" do it cheaper. I think a poster here said RM make a profit on DSA. Well, why can't we make a bigger profit and take away Whistls collection and processing arm, by undercutting them? After all, it's competition. And that is what OFCOM want.

@ JBT.

6p per item for the poll cards (election material). NOT all DSA. It's paid after delivery. And i have no idea how it is calculated. Processed by Whistl and delivered to my office, unsequenced, but walk sorted.

I thought that DSA was a negative for RM. But if they are making money, all's good. But not making as much as they should. Or DSA wouldn't be such "a thing".

Regarding the USO. What do OFCOM see, that nobody else does? They have constantly said that RM can make it work.

Lower level management can do what the hierarchy pay them to do. Manage.

@ Johnstoneo.

For someone that has ridden this from 4p to 40p, it is hard to believe that your average is 20p. I guess that i'll have to believe you. But, it wasn't that long ago that the share price was 2p. You've made a 100% upside since then. If you are so down on the company, and BG, why not sell up?

We all have our frustrations, but the continuous venting, does not seem appropriate for a LTH. Especially one who must have invested at 4p, and would therefore be in the money, from that investment.