Member Info for KlueLoss

No doubt. Heartening to know at least Alex Borrelli is getting his full salary against our ever dwindling cash position. No updates on WKS, no update on the litigation and now we look to go back to ZEMA who've already shown they want things moving fast. Got no choice in the matter now because of suspension but I do have a horrible feeling about how everything has been structured and the deadlines. I should probably just stay away from the bb's for a while and hope for the best.

'circa 9 months isn't too long to wait....' That should be BMR Group company slogan it's been said that often down the years. Glad some are able to be positive. I'm not feeling assured by the contents of either RNS as there are few variables reliant on one another in order for us to come out the other side unscathed. JLP have control now IMO. Alex happy to take his salary and roll the dice on all of our behalf's.

FXL5 - I'd also like to see V circuit added and approval obtained. Just a little sceptical on how it would all happen and simultaneously fall into the timelines handed down by ZEMA/Cadastre. Think I'm in around 8-9 years now and would just like the company prove it can walk before it can run. They can be as ambitious as they like thereafter. It's our money and time so they're probably thinking what's the rush. Should have expected both parties to want 'more time', part of me hopes they're told to just get on with originally proposed plans, must be frustrating for ZEMA and cadastre that they have given a licence and yet again we are going to request more time, even they must be wise and tired of hearing 'jam tomorrow'.

In one of the RNS it does say Vanadium will need ZEMA approval first.

That seems like a huuuuuuuuuuuuge stretch. Cost wise I'm not sure how we or JLP could 10x the output from the start utilising a get to be commercially proven technique.

Is the below in respect of further funding for the project after the �2.3m? Means % terms could change if there were shortfalls in funding from either party. From JLP RNS Shareholders' Agreement - Further Funding Terms The amount of any subsequent loan funding required from time to time for the Project shall be approved by the board of Kabwe Operations in accordance with the Business Plan presented by Jubilee, and shall be procured by way of: (a) firstly, loans from shareholders pro rata to their interest in the Kabwe Operations should the shareholders indicate a willingness to further fund Kabwe Operations on terms and conditions to be agreed upon at that time; or (b) secondly, loans from a financial institution or other third party, upon the most favourable terms available; or (c) thirdly, in the event that funding is unsuccessful as contemplated above, additional or other loans from shareholders, pro rata to their shareholding. In the event that any shareholder fails, for any reason to pay all or any of its pro rata portion of such loan funding, the remaining shareholders shall be entitled to provide the shortfall in which event the failing shareholder shall be diluted accordingly.

On one hand I hope BEM comes good and you're able to get your average down here whilst it's still at it lowest. On the other hand I hope BMR just takes off for everyone's sake. Got no choice but to wait now so once I've read the latest news I'll decide whether I'll go for my last ever top up / average down for the 5th maybe 6th time of telling myslef 'that's the last time I try and average down'

As always we are left with more questions than answers. I'm resigned to the fact there's nothing we can do about it.

No pressure. Was more a joke really and nobody should feel obliged to add any more than they are comfortable holding. And we wait.

Don't mullet it over, buy more shares ready for the recovery...

BringMyReward me as well. Even if we come back and news is overall positive I don't think we'll see the back of these lot. Sooner the better on the news front so they can either be proved completely wrong or completely right.

BMReward didn't say anything about basis points (bps) If he had wanted to bet on 'bps' that's what he would of said. He didn't though and only spoke about penny movements. Hence him referring to Paddwah26 paying him �250 for every penny it went up. BringMyReward 'I see you've switched accounts again. Are you taking my bet or what? You give me �250 for every penny BMR rises, all the way till the end of 2018. If JLP "stomps all over BMR" and we go bust, I'll give you �500? Answer my question..'

langtro - I would trust them to look into anything. More likely to cover something up or just go through the motions. I know at least 20 people who contacted them over Alikhani and look how that went. Most likely all complains are printed off and turned into paper airplanes to fly round the offices.

Just yourself and Paddwah26 chose to understand 'point' as 'bps' rather than what was obvious by the terms made clear by BringMyReward. By your owns admission you know that 'point' is commonly reffered to as a unit measure and not a %. If the FTSE drops by 5% nobody reports this as '5 percentage points' , it's expressed as a unit and a % separately. Obviously yourself and other big shots must talk about it differently because you're on another level to us 'paupers'. Such a big shot your tatting around on a Saturday night trying to stir trouble on a penny stock.

Hope you're laughing at paddwah26 as well with his hot as a freshly taken shat take... "Just checking that this is correct, as a point being widely accepted in financial circles as being a percentage point, or 100th of a 1 percent. You have effectively offered me a short position, if the market moves 2% then that equates to �250 X 200 points." 'widely accepted in financial circles' LOL 'WIDELY ACCEPTED IN FINANCIAL CIRCLES' It's pretty obvious that a point in this case is per penny hence why �250 a penny was offered in order for Paddwah26 not to get margin called on his �500 and save himself some money on holding the short with Charles Stanley or whoever.

It's just continued lies and abuse on a daily basis. Pretty disgusting that LSE haven't at least suspended the account for X amount of days. Anonymous or not the continued twisting and contorting of information is getting a little tiresome and there's only so many times you can show someone why they're wrong.

langtro - he probably has read back, his reading comprehension is near zilch hence him accusing he board of 'ramping'. A proper full blown thicko who loves the smell of his own guffs. If this bloke is a 'broker troll' they must really have scraped the barrel and got desperate taking on a gormless know nothing. He hasn't typed anything that could be taken seriously.

What a load of pony. Again.

Friday 06 May, 2016 BMR Group PLC Confirmation of ZEMA approval RNS Number : 4322X BMR Group PLC 06 May 2016 BMR Group PLC ("BMR" and the "Company") Confirmation of ZEMA approval BMR Group PLC, the Zambian-focused mineral processing business is delighted to announce that on 5 May 2016 it received confirmation from the Zambia Environmental Management Agency (ZEMA), that its Environmental Social Impact Assessment, in respect of its tailings retreatment process and the construction of its planned Pilot and Main Treatment Plants in Kabwe, which was submitted in December 2015, has been approved. --- no matter how you calculate '3 years' Paddwah26 , that 3 years is not up. --- Please read the ESIA you will see the mining licences are not up for renewal until 2020. If you knew how to research that information is easily available.

I've kind of just accepted our fate as shareholders. We're suspended for the the third time since AB took over and I know we are powerless to to really influence any outcome one way or another. Hoping for the best and prepared for whatever is thrown our way (I hope). Can you imagine what would be happening to the SP right now if we were listed with this amount of uncertainty over so many factors added to that the harbingers of doom multi accounting typing out unverifiable bile and blather? So for that reason I'm glad we're suspended but, I sincerely hope Borrelli addresses shareholders concerns and makes clear finance situation and ensures we have have a bright near term future. Good luck to us all. I'm convinced that what is good for BMR is good for JLP especially given their not inconsiderable share holding.