Bullabulling Share Discussion Threads

[temujiin] 25/7/2014 20:01

Hi Rich, don't know too much about them other than the share price has been decimated, what do you think of them?

[sat69] 25/7/2014 20:00

That's good news guys. I haven't got my money yet (Barclays stockbrokers) but from what you are saying my 1m purchase on 1st Jul at 4.19p paid off (profit £1700). I didn't want to risk any more as something didn't smell right. Hopefully get the money on Mon.

[richgold1971] 25/7/2014 18:33

Hi Tem, got mine too, now need to get a 5x bagger, to make good my loss here !! What do you think of THR ?

[temujiin] 25/7/2014 17:23

Got my cash in my account from H-L today. Works out at a 4.36p. Gonna start looking for other suitable investments over the weekend. Will post on Monday if anyone want to discuss a few. FWIW REM looking good for a medium term investment, though quite volitile atm.

[leedskier] 25/7/2014 17:14

The offer will not improve.

They now have 66% of the share capital.

They own the company!

If some wish to become minority shareholders in a company owned by the Chinese

good luck to them!

[carl79] 25/7/2014 16:59

If the offer improved, would those already accepting get the increased amount?

[midas7777] 25/7/2014 12:24

Naughty naughty NGF, the updated % should have been released by now. Again trying to keep BGL shareholders in the dark. Tut tut.

[midas7777] 25/7/2014 09:52

1day left for the offer and NGF have 66%. Will there be a follow on offer at a higher price I wonder.

[temujiin] 23/7/2014 15:21

Midas, you should send an email to Brett and ask him direct. I'm sure you'll get a reply.

[midas7777] 23/7/2014 10:32

The next phase of test-work will focus on establishing gold recovery factors under the optimised process conditions and testing the variability of metallurgical performance in different areas of the deposit. This work will utilize new mineralised sample from a diamond drilling program completed at Bullabulling in early May. Logging and physical testing of the core from this program has been completed, with the core now cut and dispatched for multi-element analysis. Full assay results are expected by the end of this month.

So why haven't these results been released, they were due end June.Should be out by now.

[xclusive2] 22/7/2014 23:34

I've still got all my Aussie shares, I did instruct sell but not auctioned ! I've been told that offer will be extended.

[bhoddhisattva] 22/7/2014 14:31

So - for those of us who have not yet sold, do we sell or await a corporate action to take us out?

I ask as I've been very remiss ((too busy!) in not reading the recent posts nor the emails to me in my accounts and will get to these tomorrow ... if someone could summarize I'd be very grateful!

[georgio44] 22/7/2014 07:47

Does the 63% include all those that have agreed to sell but the transaction is still to complete ?.. this is what i've been told by SIPPDEAL

Thank you for your message.

Please be advised once we have been provided with further information from Bullabulling Gold of when the proceeds are to be released as well as the price per share, we will submit another corporate action on your account.

The information provided on the corporate action page is what we have so far with 0.08 AUD as the stated price.

We will post further information on your account shortly.

[sweepie2] 21/7/2014 13:20

Matter of time sadly

[midas7777] 21/7/2014 09:19

Norton only have 63%. They need 75% to cancel aim shares. Why have they not told the market so far that they only have 63%. Because they would prefer the remaining shareholders to be in the dark and assume that they are going to automatically reach 75%. I think Ngf are not going to have it all their own way here.

[blik] 16/7/2014 17:49

Indeed Midas7777, how do they feel after handing out millions in research and development grants to BGL for this mine.

Dreadful state of affairs.

[leedskier] 16/7/2014 13:15

Given that China buys much of the stuff mined by BHP Biliton and Rio Tinto ... not a lot I guess.

[midas7777] 16/7/2014 10:55

How does the Australian government feel about the possible nationalisation of one of their most promising gold reserves by the Chinese. Remember GGG, the Chinese just walked in and said f/o your not having this gold, we are taking it off you and by the way you have a month to leave or else.

[mmedestael] 16/7/2014 08:50

Remember the GGG debacle.....get out while you can.
Where is the evidence that the Chinese give a toss for Western shareholders? They will eventually 'nationalise' the company as they did with GGG.

[sweepie2] 16/7/2014 07:11

Matter of time before they get to 75% from the look of things send us the money so we can all move on

[truckertee] 15/7/2014 21:19

Bullabulling Chairman, Mr Peter Mansell, said "I welcome Dr Chen and Dr White to the board and look forward working with them as the Company moves the Bullabulling Gold Project towards production for the benefit of all shareholders.

Maybe I'm thick but I don't get that statement. If they withdraw from Aim then it will be very difficult (if you retain your shares)to keep track of Bulla as a company.Will we still be able to sell later -hopefully at a higher price - through our UK stockbrokers?

[sat69] 15/7/2014 18:48

Removed the list of 'major shareholders' from the header!

[retailronnie] 15/7/2014 15:52

At least Brett was n't in on it ...