BMR Mining Forum

Well scotch all days in the ZEMA process are working days so its not actually due for a couple of weeks, it appears from your comments MA dous not realise that.

SoI, that sounds like a typical Masoud side-step, he 'expected' production in 2012 and 'expected' the sell the dumps 'as is'. PIs take far too much of what he has to say literally to their cost. That's it from me today, catch you tomorrow, hopefully...it's a blue BMR day, break out the bunting!

Thank you for the response SoI, did he indicate what areas he anticipates will require revision, clarification, and further evidence? I'm sure anyone familiar with these application processes will be familiar with the likely requirements...nobody expects a simple yes or no.

typos sorry!!

ScF: if you go to zema site etc you will see 2 things: 1. they have 20 days from receipt of submission to make a decion and 15 days from then to communicate the decision to all parties. we last heard on Fe 3rd and 5 weeks (35days) takes us to March 10th, I asked MA whether there was any risk of the 35day process not being adhered to, he replied that he expected the response this week or next week..is this clear enough?

SoI, I noted your recent post: "Well I spoke to MA today....I understand that Zema news is due next week or the week after"...this looks to me like you have carefully worded your message, so can I ask you directly, did Masoud actually say in a very clear manner to you that "Zema news is due next week or the week after"? It needs clarifying so you cannot be accused of misleading others.

what an odd day - I didn't buy any shares

perhaps the warrents haven't been snapped up because there is no need for the cash into BMR and therefore no need for the holders to exercise. They have the warrants. They can cash in anytime within timeframes they wish and untl the latest point required can stay liquid

Thats where a lot of these theories break down, why havent all the warrants been snapped up if its such a "certainty"

KBC, is he suggesting that MV is co-ordinating a group of venture capitalists?!? Lord knows what they will want in return if true!!! What happened to the statement, “With the assets we have at Kabwe we could borrow money from anywhere against it. Or get financing from a bug gun in return for offtake agreements.”, which looks increasingly ludicrous as MA scrambles about to find someone who will lend him a few bob.