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It's a terrible deal. How much did BMV originally pay for the projects in South Korea?

If ever BMV sees any payment for these projects it means they are going to be producing gold and a huge amount of potential upside has been lost.

Most likely they will never receive anything as the projects can't be progressed

It's shocking how much time and money was wasted when Dennis was at the helm. He seemed trustworthy but lacked mining experience and ended up destroying shareholder value. I guess it's a last throw of the dice now to see if they can demonstrate that the project is viable.

You clearly haven't read the whole RNS: 'Cash at period end was £338,000 and stood at approximately £125,000 at the date of this statement.'

I think that's the opposite of what they set out to do with the company.

If they do sell, Mark and Siam would likely be ostracized by the bittensor community for crashing subnet share prices. This is what Sam Dare did recently and to say he is unpopular now is an understatement

Just reading through the interim results that were released just before the close.

Cash now down to only £125k which will probably last 1 month given the cash burn.

Will wait and see how the company raises funds which won't be helped by the current uncertainty from IG potentially ceasing trading in AQUIS shares.

There's a phosphate fertilizer shortage that's driving up prices

Very nice new multi-year contract 👏

Just what we want to see

Heard we might get an update soon. It can certainly move up quickly on very little buying volume. Could see a big move on positive news so have to be in it to win it

Going to see a new share price low with the RNS revealing guidance is under review.

Really poor from management ☹️

Around this time last year the company was stacking 48,000 tonnes per month and that has been reduced to 12,000 currently and that is before the wet season that starts in Q2

Really disappointing production and stacking results reported. Far lower than was expected, they really seem to be struggling with production falling to a mere trickle

Now we know why Denis left. The company is out of cash and in a precarious osition

Giving away 2 billion shares for a startup seems very excessive. Existing shareholders have been diluted to oblivion.

It's not like they have have scoured the earth for the best possible acquisition as it is just a company that is 15% owned by chairman Brian Stockridge.

It confirms the suspicions that Bixby had given up on TIR and the cash raised was squandered on worthless investments

17% of phosphate production comes from the Persian Gulf region so is currently offline due to the war. China is the biggest producer at 30% and has export restrictions in place. This has to be very bullish for Keras although the market hasn't responded yet. Hopefully the company will make an announcement soon and/or do some PR. I think we could see a big move, like 100%+ in a day, if there is some positive news

I think it will end up delisting from AIM as the significant costs involved with maintaining the listing cannot be justified

Lanstead doesn't put any funds up. All it does is sell shares each month then hands over around 75% of the proceeds to IMM and keeps the 25% as its fee.

It's not a £6m fundraise as the RNS states. The total raised is entirely dependent on the share price performance which could be severely hampered by the constant selling from Lanstead.

The people taking the big risk are any shareholders taking part in the retail wrap offer.

It's not a good look for the company when the largest shareholder is taking the CEO to court and will be very destabilising for the company

From TW:

'Following today’s explosive news here that Richard Jennings has launched legal action against Skylake Capital, the private vehicle of Sath Ganesarajah, the CEO of Bluebird Mining Ventures (BMV) I have written to the FCA asking it to investigate possible insider dealing and other possible rule breaches.'

It will be interesting to see if KRS will be able to capitalise on the rise in phosphate prices due to export restrictions by China and the recent turmoil in the middle east.

ASTR can't do anything meaningful until after the next fundraise as they are currently cash constrained.

Unfortunately, the previous management took nearly all the cash and very little remains. The current market cap is now high relative to the value of TAO held so it's just a question of when and at what price for the fundraise