I spoke to them earlier today. They are looking to make arrangements. I will be amazed if they will but perhaps that's because I have little faith in african telcommunications systems, when their infrastructure is probably better than ours!
Good to see you taking an interest though. Wish I had all the free time you appear to have. Must be great...
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
KBC - what is the Ministers Environ Fund exactly? You mentioned that yesterday too.
It's nothing of concern. Just a dampening down of over-enthusiasm ahead of April 11th in my opinion.
KBC - is that taking into account the 1.25p warrants though?
That would inject over £1m into the company so theoretically it can survive for a bit longer but it's clear that the deals need to be done.
All the above would explain the current price I guess but there is a carrot being dangled in front of us, hence my cautious bullishness compared to others
No I don't. My feeling is that approval will be the catalyst though. MA has many faults but by all accounts he has friends with deep pockets.
I read with interest Mick Davis' new venture which was mentioned on LSE earlier - 5 investors have raised $3.75bn between them... Idle speculation but I can see a similar situation occuring with Masoud and perhaps Russian money...?
Relatively speaking it wouldn't take much - $11m to someone like Usmanov is petty cash
Just thinking outloud on my train into Liverpool Street...
Have a great day.
I had a great phone conversation with them. Have to be careful with what I say but the company has acted impeccably with regards to paperwork for the submission. There were a couple of issues that needed clarification and we delivered them a few weeks ago in a timely manner. All is on track for the 11th. Followed it up with a chat with Denis who is as relaxed about the whole thing as I am! All good in the hood.
Looking forward to a good day here - the bounce off 1.25 is on the way