Ah ha so the long awaited circular has appeared and it reads well for the future Relisting in some form or other with fundraising, dilution, resource to be located, exploration/development costs and much much more - whoopee...not Just another project so good we were able to snap it up before it was on the radar, we have a knack of going around in circles and not quite getting there. AIMHO of course
will be if all shareholders recieve documentation from the BOD outlining the 'Private for Growth' strategy in detail - if this is not forthcoming then it indicates the lack of respect for shareholders and we should expect our investment to stagnate and slowly crumble.
In my opinion there is a clear pattern of slow disposal of assets to keep insolvency at bay and pay 'expenses', again in my opinion, soon we will be in the position where we will be unable to raise necessary finance for any acquisition, so no relisting. There will be nothing left not possibly royalties even.
Apologies I cannot be more upbeat but look at the way we have been managed - maybe not the right word.
I just find it incredulous that as shareholders and therefore part owners of the company we do not get any notification or say concerning the disposal of what is (was?) a sizeable asset - in proprtion to the meat left on the bones after the vultures have fattened themselves.
Another excrutiating year comes to a close - can see liquidation coming now despite hollow promises of acquisition and relisting.
Have a great Christmas all and just think of all the valued experience of investing you've gained being in the AIM
I think to go for an acquisition is utter madness when we do not currently have anything concrete on when the royalties will commence. How will we fund it How will we cashflow it How will we develop it How will BMR shareholders benefit from it How come it wants someone to acquire it it needs Bozwallocks to FORGET IT!,
Forgiven - I am working for my 50,000 posts badge - you have one - whats it like? do people address you as sir and offer you their seat on the train and car companies bombard you with weekend test drive offers.