From memory the processing permit expires April 2014 to add to fun
Hi Ted, are you still bristling with confidence?
KBC, whatever happened to the investors queuing up to invest on BMR? You know the ones, the IIs hiding under the threshold waiting to make a move. The Valinger move wreaks of desperation and I think the silent majority will recognise that
shady many think because he has 20 odd mill of shares himself they are safe
All this excitement and high levels of expressed emotion about when (not ‘if’ I note) ZEMA will give approval. What PIs are clearly avoiding is the likely consequences of this. If ZEMA approve, there is going to be a very dark and ominously stormy cloud, in terms of funding and its consequences, appearing over those who currently hold at already massive losses. Masoud can wink coquettishly at the Chinese and VCs, slap on the rouge, show them a bit of cleavage, expose a little of his well-turned ankles...but when he goes for a Sharon Stones-esque leg crossing manoeuvre, he will be lucky to keep hold of his crown jewels, never mind any discernible value in the SP (until consolidation obviously). Some believe that de-listing is a possibility before being BMR is stripped down for peanuts by the new investors…and many on these boards are waving them in with garlands and excitement…others (perhaps the silent majority) suggest that dilution at way below 2p will lead to a SP of almost half of today’s level…who knows?!? What is certain is that PIs should be very careful about what they wish for.
Dear Masoud....please clarify the BMR / Valinger situation asap
KBC - the last SADC Handbook I can find online is 2012....has it changed? do you have an update for 2014?
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