Level2
25 Jan 2015
Cheers AndyLet's hope they end up being someone's b"tch behind bars !!!
tornadotony
24 Jan 2015
Re: Peace it is then I lost 4k on BHR after trading through an 8p to 1.88p drop. It could have been far worse and I recovered the loss elsewhere. I learned a lot from getting it wrong and except the risk I took.I tried to tell folks something was wrong about the coke yield when I got out. The company was to say the least economic about the truth on yields. The yield data on coke was critical as it was the basis of having low costs. The same issue fooled Rio Tinto in their Riverside investment. So two companies next to each other pretended their was a lot of material in the ground in Mozambique that was not there and used infrastructure delays as an excuse. Any litigation should look at what was presented more closely. The error rate on yield was absolutely huge and goes beyond what I would consider the usual standards. Of course investor presentations have the usual caveats but it is wrong to present a lie. I should also mention that somebody else warned about the coke yield data earlier on and they were ignored when it was 16p.Lesson here is check out other folks warnings and see if you agree.
idg69
22 Jan 2015
buffetinwaiting - in terms of what we own, don't be surprised if BHR actually own nothing and MML own the mine and any assets. In terms of the train set valuation - there is no asset here as it was leased and subsequently sub-leased whilst these clowns ran the company into the ground. It is very painful I know but please get your head into a place where you can accept you aren't going to see a single penny back on BHR. I'm genuinely not being rude or arrogant when I say this, but we private investors are dead and buried when it comes to this share.
buffetinwaiting
22 Jan 2015
the train set must be worth a few bob
buffetinwaiting
22 Jan 2015
could someone please let me know what we own mine, land etc and whether we have any steak in it now that we are in admin
idg69
19 Jan 2015
Evening Breezy, good to hear from you my friend but sorry in the way this has turned out. Blind faith kept me pumping money into this bucket despite it being full of holes. Though the board lied through their back teeth about the true state of affairs. They are devious beyond belief and I suspect the mine (only asset) has been ring fenced and kept separate to BHR for administration purposes. I'm starting a fresh with a new portfolio this year and will be spreading my risk across 5 companies in various market sectors, I won't being doing all the eggs in one basket trick again. Good luck in your future ventures and hope our paths cross on other company boards. I'm watching Ubisense very carefully at the moment - outstanding product in a growing market place with a very low market cap at the moment. They are generating cash but are not cashflow positive at the moment and could be a big takeover target for the likes of GEC or Seimens in a year or two. All the best idg69
breezy
19 Jan 2015
Morning idg69 Like you not expecting anything back here. I have lost 27k and am gutted. Ihope the action group bring Rowan and Justin to justice as I do not believe they ever had any intention of taking this to tier 1 company. They have robbed shareholders out of our hard earned cash. All the best in your future investments.
idg69
19 Jan 2015
buffetinwaiting - any posts on this board don't get seen by either LSE or Interactive Investor boards. Haven't posted for a while as I'm switching off to BHR. I'm a glass half empty person when it comes to BHR and feel no matter what the action group do there will be no money coming to private investors. I have lost £31k on this turkey and £48k on the markets in total over the last 18 months so would love something back but it's just not going to happen in my opinion. I wish everyone the very best of luck in any future investments but don't cling on to the hope of getting any form of return from BHR.
buffetinwaiting
19 Jan 2015
i make £400 per 1 million shares that's not even what i paid to double my holding so i am still out of pocket by 50k
buffetinwaiting
19 Jan 2015
duxi: who do i send my email to to stay informed
buffetinwaiting
19 Jan 2015
can some one setup a new BB as this one may shut down if no activity
harpmandoodle
18 Jan 2015
questions: how many employees in the mine company. whose drawing salary/fees from it and bhr.
harpmandoodle
17 Jan 2015
Fist meeting has to be within 10 weeks.
harpmandoodle
17 Jan 2015
Don't forget to keep your eyes on The London Gazettet for notices of first creditor meeting. No one at BHS will tell you. [link]
clockwurktangerine
16 Jan 2015
Peace it is then And good luck to the BHR action group....
