Member Info for johnpwh

I think you would be right Mr.C.
The only thing that might mitigate against that is that the last large cash raise was about 14.5p. To get the vote of those presumably large investors I think the bid would hopefully be at least that

Doubt it will make any difference to us Cholertona!

Fox Marble will put out their own RNS tomorrow. Let's have a look.
That's a no then.
Seriously, anyone who hasn't written off any money foolishly invested here is not glass half full, they are glass overflowing. It's dead Jim. And Gilbert is the one to blame.

Thanks fuel
Nice of them to tell us!

I don't see £1000 per oz profit post tax, as conservative, in fact optimistic. Gold is currently around £1425 per ounce one mined and refined.

Even worse Foz. Upwind.

Please let it be a takeover bid. Please let it be a takeover bid. Please let it be a takeover bid. Please let it be a takeover bid.

Makes you wonder what it will take to move this at the moment. Wall to wall good news and a stable PoG (though ideally could do with it being higher). Sit and wait for production I guess and hope for no slippage.

'I am therefore optimistic that 2022 will prove to be a turning point for the Company. It is also likely to be the year where FOX Marble is able to present its case in the court of International Arbitration on its €195M legal case against the Republic of Kosovo. Legal proceedings are fully funded and are being led by Dentons Europe CS LLC.'
Quote by the knob end who answers to the name of Chris Gilbert. A man so pathetic and incompetent that he makes Liz Truss look like one of the best Prime Ministers that the UK ever had.

Trapped Captain Mainwaring. Doomed! Doomed I say!

This was once a very active discussion board about Ariana Resources, a metals miner. Collectively that has now been destroyed by irrelevant political conversations to the point that no one else bothers anymore. Why did you feel the need to do that?

Thanks zoros. Appreciated

Has anyone any idea when the next is due?

I agree rylidan, I assume you mean a good short term investment not a good short!
Looks positive to me, will try to add here

Thanks HaleSpur. I agree, get this over so the picture with BMN is more settled. At the moment I can't feel motivated to expand my holding here, much as I would like to average down.

Even if PoG is a bit down I am a little disappointed that the SP isn't reacting better to the clear path forward we have since Fridays meeting. Guess it's just going to be a waiting game.

Yes, I am thinking of having 4 pints of Old Dirigible and giving it another read

Seriously if anyone can point out where my argument is wrong I would love to know. I really hope I am mistaken, but securing someones investment by pledging a bailout for them, if necessary, by issuing your own shares at whatever the share price then is, seems to be bordering completely incompetent.

When I looked at this deal it did seem foolhardy for BMN to allow a party to buy in by raising money from investors and using BMN shares to reimburse any investors who subsequently lost interest. The end of the day BMN are potentially required to dilute their own shareholders at a historically low share price. What on earth were they thinking giving that guarantee? I am quite happy to be correct ed here but that is my take, frankly a poor management decision.

I think we all have to be aware of bogeymen! I was rather astonished when I looked how many shares i had yesterday, split between my ISA and non ISA investment account. But I'm not selling any time soon, fortune (hopefully) favours the brave!
It all looks good. The only things that seem worrying as they are out of the companys control is the world economy (particularly inflation), markets, PoG and the fact that we are a junior partner and I suppose it's conceivable that NCM could potentially delay production. Ok so 'only' may not have been the correct word!
But the way I look at is that it is potentially, hopefully probably, a multibagger. You can go safe on a blue chip, but without that potential.