BMR Mining Forum

Let me paint a possible scenario...post consolidation there are 135m shares left in BMR with no preemption rights and AB has the option to issue up to 500m new shares...now MTR invests £175k into new shares picks up c.10% of the new company...then we start to see progress and assets revalued...whatever value you had here will in time dilute by 80% as the 500m shares get taken up

Boys and girls get off ABs case...exit BMR and buy MTR...

i don't care for criminal action..it's civil action i want

Good luck with that scotch. it would be nice to see some of those that have conned us over the years serve a decent stretch at her majesty's

Actually, crystallization of losses is useful as i now have the substantive figure to support my legal claims against MA and others

Good luck Scotch...it must have been a painful decision, but for what it's worth, I think you have done the right thing in getting out, even at these desperate levels.

You made an error of judgement, you have taken it on the chin, and you are moving on...wonder how many others are doing likewise.

But the real question no one knows is how low can BMR fall over the coming weeks? I reckon 0.2 is still possible as is a recovery to c.1p

You have to follow my logic...IF I my worries prove correct, then post consolidation MTR will take a stake in BMR...and the potential to recover my losses is substantial,,..MTR is worth just £2m today with only 252m shares in issue so far...so now I don't have to worry about AB...I can cheer him on and hope he does the very things I feared he might whilst holding BMR shares

well you should chat with AB and Cameron..plus BMRWatch..

so sell BMR buy MTR - put yourself firmly on ABs side whatever happens