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Apologies if this has been answered before......Looking at the Morning Star website under the shareholder info page for BMN it shows Mineral Wealth Int. Ltd with 117m shares, but they don't feature on BMN's top ten. Is there a reason for this or is the MS website out of date?
I have re-read the Feb article and the RNS hoping for some idea of the size of the 3 VRFBs involved. Has anyone found any further information on the finer details? I appreciate the fact they are unlikely to publish the commercials numbers themselves.
I hope not. Would prefer we clear the persistent seller and remaining shorters first before we get any further good news. If Vanchem and the amazing FY18 results weren't enough for the shorts/sellers to call it a day then I don't see why Mokopane would do it, despite the fact that I personally see it as the jewel in our crown. (not foregoing BE developments).
Daisan, quick question if I may, how long can a short position remain open, indefinitely? Would this sort of thing be agreed at the point the shares would have been purchased? I’m lacking in understanding of this subject so any help gratefully recurved.
I’ve been mulling over good news and it’s impact on the SP during my time as a holder here. By no means an LTH, first watched in Jan17, missed the re-rate and bought in end of Mar17, stagnated for 10/11 months due to Erongo then whoosh off we went. What happens if Mokopane licence arrives and we’re still sat here at 26/27/28p?
I understand that our natural instinct is to defend our investment but we need to play them at their own disruptive game. Cracking RNS, as we expected. Surely the shorts will want to close off in light of further good news? Especially something such as Mokopane licence landing? The mind boggles how we’ve been manipulated this past few months. Someone mentioned on here a few days ago how they wouldn’t mind if We hit 45p and stayed there for the rest of the year because we know where this is heading. Well I for one would be bloody furious. Our SP starting position for further good news is already way behind where it should be. My moments of impatience are rare as I have confidence in my investment but the need to vent at times gets the better of me.
This was such an enormous RNS with so much of BMN's future mapped out for all to see yet why didn't we open 12% up? Mokopane news leaps from the page and gives you a right good smack in the chops. The good news list in that RNS is almost endless. Yet why has it taken an 1hr 20 mins to get there. It's criminal that we opened up at 25p this morning. I know we'll get to the £'s and beyond over the next 12, 24, 36 months but god the MM's make it painful for us.
AJ Bell with a two pager on BMN in it's monthly shares mag - pages 58 & 59:
https://dzexi57u5vx1h.cloudfront.net/shares-magazine/2019/2019_03_28_sharesmagazine_youinvest.pdf
https://www.bbc.co.uk/news/business-47494239
https://www.bloomberg.com/news/articles/2019-03-08/norway-decides-fate-of-oil-stocks-in-its-1-trillion-fund-q-a?srnd=premium-europe
I wonder where that $37bn of investment will be heading......
Welcome.......Best to start here.....:
https://www.thebushveldperspective.com/
Does anyone have an idea of rough debt the company is in? - 0, zero, nil. No outstanding warrants either if memory serves correct.