BMR Mining Forum

Absolutely no comment from anyone here regarding Mr. 1m Buyer??? There was LOADS of talk regarding Mr. 1m Seller when he was about. Seemed to cause quite a stir when he was apparently offloading lots of 1m share batches yet total silence here when someone is apparently snapping up lots of 1m share batches. Hmmmm, that’s a puzzler wouldn’t you all agree? :[

"Further work on the processing programme defined in the DFS has been halted until clearance and approval of the EPL's ESIA submission has been received from ZEMA." So still a fair bit of work to do there then before realising revenue. The separation of other minor but valuable metals work you would of expected to carry on but thats gone very quiet?

and what a day!

Lots of buys / warrants being shifted?

Either way it is nice to see us pulling further away from the obvious 1.25 bottom.

It seems that when there is a good day people seems just as happy to pounce on BMR with their unique and impartial take on things. Oh well, that cloud will continue to hang over some which is a shame.

Anyway, with any luck I will see you all tomorrow

The only one that can see any ramping on the boards posts on here everyday...

I have not seen any price targets by those posting on the bb's or any ramping.

Another blue day, and some nice money made on xel booooom

The nature of the posts today are very reminiscent of BMR days of old...the same days that dragged people into here believing the £1 by Christmas malarkey and now stare at staggering losses. I urge prospective investors to stick to reality, ignore the fiction, reflect on why the SP is on its knees, and look at the cash position. The board's intention to shift this away from 1.25 with little buys, is wholly unconvincing. All being well, I will catch you tomorrow.

A very reasonable post by Tom over on iii, has brought out the team to ridicule him. Problem for the rampers is that his thoughts reflect the concerns of many BMRers...I have been raising these issues for some time. People claim that ZEMA approval is the key to great riches, but if they open their eyes they will see that ZEMA approval will be followed by a massive dilution that could leave many PIs in big trouble. Let's try and have some balance to these discussions chaps.

When Mr. 1m seller was around, some were revelling by posting that fact day after day after day. Looks like Mr. 1m seller has disappeared now and Mr. 1m buyer as appeared again. No comments about Mr. 1m buyer??? Hmmmmm... GLA genuine investors!

KBC, ZEMA told me and others that BMR must be able to demonstrate financial viability in order to gain approval...it is part of their fixed criteria. Starting this work and then have it suspended would be catastrophic in terms of the environment, given the disruption to the 'almost like concrete' dump resources. This isn't gold they are dealing with, it is highly toxic materials

The total hasnt changed from the previous accounts I believe.

If you think zema wont approve because of funds look at luiri gold cash position prior to approval. Also zambezi are not cash rich.

Yes ljc but that was allocated a while back, well before the estimation for the enviro fund. What is the up to date breakdown there? Bit of a mystery as very little interest income received.