BMR Mining Share Discussion Threads

[fireball xl5] 07/10/2016 12:00

QS - took a very conservative view for the first year. The revenues should be far greater but as yet we are not privy to all the products being produced. However, the £ being mutilated by the rising rhetoric from the right, left and centre, dropping to $1.18 this morning should give us a winter warming coat as we have dollar denominated earnings. There are more and more reasons for being here as AB takes us forward. $ earnings, ethical investment, cleaning up Kabwe, Green investment, recycling old waste and of course the Kabwe Cafe. My view on EPS over the next couple of years is 12 cents or 9.6p or 60p - 90p share.

[fireball xl5] 07/10/2016 11:55

QS - took a very conservative view for the first year. The revenues should be far greater but as yet we are not privy to all the products being produced. However, the £ being mutilated by the rising rhetoric from the right, left and centre, dropping to $1.18 this morning should give us a winter warming coa

[qsmeily456] 06/10/2016 22:37

Someone slap that Eric Drivel LOLsss

We'll said 99

[qsmeily456] 06/10/2016 19:29

That's good guys. Sharpen that ✏ though eh.

250 tones per week or 1100 PCM.

Extraction % of zinc and lead

Sale value of raw material with zinc split by 5 and sold at $1200 per tonne so 5 times the tonnage extracted.

Less operating costs of $200 per tonne

Use a PE of 6

10.8p on your calcs balls

LOLsss

[atino] 06/10/2016 10:20

'Thanks' for the investor presentation video, that was held back in Sept FB *__^

[99jeremiah] 06/10/2016 08:16

Difficult to quantify expected profits with the various extractions being of different types, grades and values - e.g. lower value concentrate v. Vanadium or zinc heptahydrate or whatev. I suspect the BoD themselves would find it difficult to gauge within 10%-15% accuracy what the quantity of the end products may be as well as their worth, particularly since the lab results are yet to be scaled up to pilot and then full processing capacity. So for us, it can only be educated guesswork (with myself probably being among the less well educated in these matters) but one senses that the potential returns will be very favourable. ;-)

[stav5001] 05/10/2016 18:33

FB

Check your own post at 26 mins in, that is a magic number!!!

[qsmeily456] 05/10/2016 18:23

And yes I've got a round lead weight called an EVOQ LOLsss

[qsmeily456] 05/10/2016 18:21

Well that's not just a 99 but one with a flake sauce and sprinkles.

Stav baby ......all leads to profit.

No one yet with the exception of balls has set out given the processing rate the actual likely profit PCM and annually.

Then taken the shares in issue calculated the eps and done the PE say 6 arrived at the discounted share price target...and you can stick WHI where the sun don't shine.

When you've all worked that out I'll be impressed LOLsss

[brad44] 05/10/2016 17:53

did the headphones ever work? i heard they were a bit tinny!!! i cant believe we survived those times, and even recent times to be honest. for the first time in a long time I feel quite positive about the whole thing!!

[trentendboy] 05/10/2016 17:35

Funny to see some of the same names here from the TEO days.

Anyone still got their headphones?

Astonishing this is still alive and kicking - a lucky escape for many and a decent story here - I bailed around this price a long time ago for a large loss.

Good luck to the familiar names

[fireball xl5] 05/10/2016 11:56

Presentation:

[99jeremiah] 05/10/2016 07:38

Processing cost of $1000 per tonne of output with metals price around $2000/tonne = mild enthusiasm.

Processing cost of $1000 per tonne of output with metals price around $2500/tonne = pleasurable contentment.

Processing cost of $1000 per tonne of output with metals price around $3000/tonne = deep joy.

Processing cost of $1000 per tonne of output with metals price around $3500/tonne = blissful rapture.

Its not rocket science

[stav5001] 04/10/2016 12:28

FB

Posting at 5 am, I thought I went to bed late!

Or do you get up that early to research BMR?
"
Are we due for a revisit to the Lone Ranger...... "Hi yo SILVER" next!

[stav5001] 04/10/2016 10:07

QS

Yes, perhaps.....but the magic number is processing cost per ton!

It comes as no surprise to find out that those assets were written down too hard initiatially, we have so much more in multi metallic potential, but that can only be exploited once we are making real profits and have solid realistic cash flow projections.

Jorc of the assets is part of this procces!

[qsmeily456] 04/10/2016 07:12

All these metal numbers that balls keeps ramping about are a distraction from the important stuff like profit PMSL

[fireball xl5] 03/10/2016 17:48

Sounds like the pills for the ills from the 60's/70's. Still we have plenty of the V so there is definitely a calming effect. Even QS's "Alex" anxiety has been cured LOL'sss

[qsmeily456] 03/10/2016 17:39

"Potentially" and EIA plus production mid 2017 earliest LOLsss

Stav baby.....charmer...not me. Tells it how I see it and if others don't listen or like....tough. it's only a view. It might be wrong but I can back it up LOLsss. I'm confident, Alex knows what he's doing and what he's doing knows ............. no bounds LOLsss

All these metal numbers that balls keeps ramping about are a distraction from the important stuff like profit PMSL

[ljchandler] 03/10/2016 10:48

We are in October now!!

[fireball xl5] 03/10/2016 09:51

Did I shout BINGO LOL's

[fireball xl5] 03/10/2016 09:12

That's another $360 million at the lower recovery rates on top of the JORC'd material. Next payback calc of the $5.2m loan will be 6 months LOL's.

[fireball xl5] 03/10/2016 09:03

Ah ha the big V at last. Great work and one wonders about the remaining metals now! This is becoming a no-brainer and we may now be able to add the ISF to our swelling $ pot. The recovery rates for the ISF are particularly good as well. With current prices it may be worth looking at the WKS again. Now this is roof top shouting news.