Does anyone know who Colombis Milling Limited are or Nicaragua Mininig Company limited? I can't find any contact details or directors or anything about them anywhere...
So..I have sold down most of my BMR and taken a position in MTR...we shall see
....which would be less than 30%...which is an immediate value play because the NAV is £9m....and if AB has done his job well, he has overdone the white down leaving lots of room for upside recovery on BMRs assets
Ladies and gentlemen.I Believe the play is MTR. Not that I have any evidence...it is just my belief. We will be consolidated at 10/1. We will, I believe vote for removal of pre-emptied rights. AB will then have the right to issue up to 500m new shares. now, MTr buys 50m new shares for £500k
Worthwhile also reflecting on who helped get RRR to market back in 2005? It was a boiler house room crew..
Siegfried et al..forget the last 2 years...look at the 5 year trend...see the q4 2010 pump and dump..and the 5 year value collapse since,,.
In Q4 2010, RRR hit 16p per share...since then it's been a story of mass dilution, failed alleged deals, large salaries, fees and emoluments, potential conflicts of interest: ask not for whom the bell toils; it's not for thee!