BMR Mining Forum

So, now after turning the latest 'corner' we find ourselves at the 4 year low once again. We are still not seeing an honest debate about the level, size and impact of the dilution that will follow approval (nor the potential conditions that could be attached to the approval).
There is also no discernible discussion about the thorny, yet pivotal, issue of 'proof of concept'...as I said earlier in the week, if Feilong walked away because they were unconvinced about the proof of concept of the commercial viability re. recovery of Zn and Pb, where is the money going to come from make this happen?

why are you afraid?

You're not invested here now, are you?

and I'm afraid it is red once again.

Quiet day trading, but plenty of sells, and even quieter on the boards...perhaps this explains it:
[link]

I jest of course...I can't contribute to the board tomorrow with business travel, but all being well, I will catch you on Thursday.

Tick down to the 'flat line' level...difficult to see market confidence growing at a sustainable level until the funding conundrum is resolved.

If it is true that Feilong walked away because they were unconvinced about the proof of concept of the commercial viability re. recovery of Zn and Pb, where is the money going to come from make this happen? PIs through a dilution offer, IIs (allegedly in hiding for 4 years) through a dilution, or through a less sceptical partner org (resulting in a dilution)? Any thoughts

You're free to challenge him and report back to us - look forward to your findings. Not sure why you haven't done so hitherto though.

So, after all of the excitement in the week we finish with the bid at exactly the same level as we started on Monday. Lots to discuss next week, time to start challenging Masoud to come clean about funding...have a good weekend people and catch you all on Tuesday all being well.

no estimate needed - don't do them. never have done and a futile exercise without full information

Yep, so what's your estimate...?

Rife?