Seriously Anth, I'm not sure I believe you anymore. Why would you leave a long at 2.2p open? I would have preferred to have been wrong about Masoud and BMR (not that I've seen an acknowledgment from all those who have abused me)
Anth, i take no pleasure in the huge losses people are enduring when cashing out today...none whatsoever. Did you get those longs closed?
...and of course this is all without the massive dilution that awaits us if ZEMA approval comes through!
I suppose we must consider the rather ominous possibility that when Masoud says that they are "confident that the Company will continue as a going concern"...it might not necessary be as a AIM listed company. Suspension or delisting will enable a financial restructuring and stripping to facilitate a change at the top, enabling something to actually happen to help the good people of Kabwe. Of course, PIs could be left with something close to nothing, but it is the population of Kabwe that we are all concerned about isn't it?
Sometimes all the clues are there if people look. This is not a problem with AIM or Africa, it is a problem with Masoud, who just hasn't understood what is needed, the challenges, and the processes. He has a recent/current track record of failure in at least two other organisations...do people think that BMR will be any different? BMR is about to encounter a funding cliff, will a 1.30p buy look good value then?
KBC, I suspect that Ascot poured cold water on the viability of the zinc and lead dumps...no proof of concept is a huge problem.
Bugle, hand on a minute or two and SXX will get a mention again! How much cash does BMR actually have in the account this morning? How can warrants gor from 9p to 1.25p without PIs sensing somethign isn;t quite right?
Bugle, yes I do! Still, I hear from Harlequin that Masoud was very upbeat when he spoke to him this week!
KBC, the words in the RNS should send shivers down the sines of all PIs: "subject to financing"...BMR is in desperate trouble and how shareholders have stood back and congratulated Masoud whilst he allowed this imminent funding cliff to get within touching space...is beyond me.