BMR Mining Forum

Keith, why do you think that 8p "looks realistic"? Can you give details and perhaps a timescale?

Still puzzled as to why Schadenfreude cares but there you go... I had a great day on board the double decker. A bit of red here or there? Really matters not when it comes to real life, right? Have a great evening all. See you in the morning

Red day here I'm afraid, when there is so much blue across the markets. At least people are starting to think about just how much money is needed...the next stage of the puzzle is to work out how much will be generated from a dilution and at what level it will be. Catch you tomorrow, all being well

Well I suppose until ZEMA clarifies if any conditions required for approval, the total figure is unknown.

I think that the $11m figure to get into full Zn/Pb production mentioned by Keith et al, is way short of what is required. For once, it would nice if Masoud was just straight with investors and tell them exactly what is required and how it will be paid for. Not hard to see why he's not saying how much need to be raised...

Who knows, dont get this mobile idea either, a lot of this plant will need proper foundations the MGS machines for example are heavy and will need a good solid level base. Then all the power/water supplies need to be moved with it. Sounds simple on paper doesnt it.

I don't think he wants to debate with you now KBC. Even after the massive fund raising, it will take a h*ll of an effort and time to get to Zn/Pb production...it will not be in 2014 that's for sure.

only MGS machine in Joburg is the lab size one at Mintek, So 4 full size ones needed for Kabwe. Makes sense.....but when?

Harlequin Posted Sat 17.21 on LSE
"Siemic as you say copper at $3m profit pa is not going to set this on fire. But it's a start and it will give cash flow finally. I want to know about the zinc and lead. When I spoke to MA weeks ago I asked if he would move the plant form J'burg to kabwe. He said they would need at least 4 by which I took to mean than the processing is sorted and as we know the volumes are vast"
So he needs 4 of them which ties into the MGS machines required as shown on the Ascot flow sheet. These things are not off the shelf and are expensive. Boxster I am here to discuss BMR and try and establish a few facts in the fog.....what about you?

all of it, & i don't recall Harly ever saying that . What is your purpose here ??