That's all from me today, hopefully I'll contribute tomorrow...it's a red BMR day I'm afraid and there seems to be a lot of tension in the air...
KBC, perhaps it was information from DUFC's 'contact' (or imaginary friend as other may call it) that led him to posting this message last Feb: "I would expect to hear from Ascot this month. Whether a deal can be signed in Feb i dont know however MA is in talks with KCM/Vedanta so i would expect there will be an urgency at Kabwe to sign a deal. If a deal gets signed i March production could start in 3-4months possibly August."
KBC, I think it was razor who said a couple of months ago that he suspects that most of the ramping crew have been trading this all the way up past 8p and all the way back down again (whilst ridiculing and attacking other who did the same). Still, all holding today will be looking at a significant paper loss...perhaps DUFC has seen fit to cut his losses and run?
DUFC (aka rolex/MA/Mudita) has been surprisingly quiet given the build up that he gave to this week. He delighted in taking the plaudits of posters when he shared his 'contact's' info, so perhaps he now owes them some clarity and candour?
Bugle, yep...posting up the Valinger news hasn't quite had the impact that the GG expected
KBC...it is a mess!!! Lord only knows how this will end for PIs...
Hi Ted, are you still bristling with confidence?
KBC, whatever happened to the investors queuing up to invest on BMR? You know the ones, the IIs hiding under the threshold waiting to make a move. The Valinger move wreaks of desperation and I think the silent majority will recognise that
All this excitement and high levels of expressed emotion about when (not ‘if’ I note) ZEMA will give approval. What PIs are clearly avoiding is the likely consequences of this. If ZEMA approve, there is going to be a very dark and ominously stormy cloud, in terms of funding and its consequences, appearing over those who currently hold at already massive losses. Masoud can wink coquettishly at the Chinese and VCs, slap on the rouge, show them a bit of cleavage, expose a little of his well-turned ankles...but when he goes for a Sharon Stones-esque leg crossing manoeuvre, he will be lucky to keep hold of his crown jewels, never mind any discernible value in the SP (until consolidation obviously). Some believe that de-listing is a possibility before being BMR is stripped down for peanuts by the new investors…and many on these boards are waving them in with garlands and excitement…others (perhaps the silent majority) suggest that dilution at way below 2p will lead to a SP of almost half of today’s level…who knows?!? What is certain is that PIs should be very careful about what they wish for.