BMR Mining Share Discussion Threads

[fireplace22] 09/2/2021 07:54

An odd link for a new beginning as it seems to have all the old BMR guff no longer relevant since the JLP shenanigans?

[meanreverter] 05/2/2021 16:31

Robers98: Is what you report as Kendrick Resources Plc the same company as Kendrick Resources Limited (incorporated 5 January 2021, company No. 13114634)?

[robers98] 04/2/2021 22:40

At the AGM held earlier today, all ordinary and special resolutions were passed and so the Company's name has now changed to Kendrick Resources Plc

[qsmeily456] 29/1/2021 10:32

Remember BMR is just a simple private limited company at the moment so no aim or other rules apply just the companies act as amended.

It's your company as shareholders and you can decide who you want to run it and what to resolve.

1st thing is to ring-fence that royalty and not have it diluted. I'd rather BMR was just a royalty shell that be diluted 1000 times to pay another implant who shafts us all

[qsmeily456] 28/1/2021 21:44

On the BMR website....but yes

[1pennytrader] 26/1/2021 12:53

Has the voting details and agenda of the meeting been sent out to the share holders or do I need to request them .

[qsmeily456] 26/1/2021 11:55

Say NO to all resolutions

Demand 11% Jubilee royalty is ring-fence to existing BMR shareholders and not part of any deal or super dilution

[qsmeily456] 25/1/2021 20:19

No attendance Covid

Vote no to all the resolutions

I'd rather lose my investment and take Court action than let this happen

We never needed resources just processing plant and capacity for the £17bil of Kabwe assets that were given away for an 11% royalty agreement the details of which few shareholder have ever seen.

Now the jubilee cuckoo wants to do the same again.

Buy yet more resources we cannot process but will have to fund through a ridiculous dilution.

What's needed it a BOD controlled by true BMR shareholders not another Bird implant.

BMR Watch grow some balls. Shareholders need a pre meet before voting closes.

Remember jubilee have a massive share of the vote

Bird appointed this AB replacement.

The last Nomad resigned because BMR's governance was compromised, effectively a conflict of interest Bird on the BOD, AB Birds mate and the rest was obvious for everyone to see

And here we go again....

[mpilot] 14/1/2021 14:04

Ohhh!! Tea & biscuits in Kendrick Mews on 4th Feb !! At least some return for a "lost investment". Anyone going??

Anyone know what the "Sub-Division" is about that they want our vote on ??

New name of Kendrick - What's that all about ??!!

[qsmeily456] 27/10/2020 11:37

See we've got a new crook joined to milk us 😆

[qsmeily456] 17/4/2020 13:51

Jubilee's Zambian Kabwe Operation continues to operate its copper refinery with all other project related work on-hold during this time LOLsss

[banking_losses] 14/4/2020 15:04

Done really well for shareholders, our Alex.

And now he is looking at exploration opportunities for a relist [ecstatic emoji] What’s another 10 years of dilution and expense? He only had a £2-3 billion set of assets in the palms of his hands that could’ve been monetised. If only the absolute spiv hadn’t have been in charge.

[poombear] 14/4/2020 13:35

Great so now BMR own nothing lol

[poombear] 14/4/2020 10:15

Tweets from BMR today, can't see any rns from Galileo Resources today? Think Bmr still owned 15% of Zinc Star.

[qsmeily456] 05/4/2020 08:03

Albino not posting about the EGM I wonder why LOLsss....are you all white....🤣💦

[atino] 05/2/2020 19:53

(Jan 2020) 🙇‍a94;️ Integrated Kabwe Operations, Zambia - Copper, zinc, lead and vanadium update


The Company's Kabwe Project combined with its multi-metal Sable Refinery establishes Jubilee's fully integrated multi-metal recovery and refining operational footprint in Zambia. The Sable Refinery, which acts as a central processing facility for third party material in the region, gives access to a current resource comprising of an estimated 6,4 million tonnes of surface waste assets containing 356 843 tonnes of zinc, 351 386 tonnes of lead and 1.26% equivalent vanadium pentoxide.


During the period, the copper refinery circuit was brought on-line to process historical copper tailings as well as third party sourced run of mine material. The first high grade copper metal commenced production in December 2019 with the completion of the solvent extraction circuit. The ramp up remains on track targeting to reach 250 tonnes of plated copper cathode per month during Q1 2020, before stepping up to reach 400 tonnes per month from Q2 2020 resulting in early project cash flows during the construction of the zinc and vanadium refining circuits. The accelerated ramp-up of the copper circuit was implemented to position the Company to capitalize on the positive sentiment returning to the copper industry which is expected to reflect in metal prices.



During the period the Company also focussed investment on improving the containment of water runoff and dust suppression of the historical tails which forms part of the Company's strategy to transform the Integrated Kabwe Operations into a zero effluent operation. Jubilee is working closely alongside various social and business organisations as part of the drive to achieve responsible processing of historical waste materials where rehabilitation and containment of effluents forms a core part of the project.



The construction of the zinc refinery circuit has progressed well and is on track to produce the first zinc concentrate during Q2 2020. Vanadium prices have softened sharply, and the Company is reviewing the implementation schedule for the developed vanadium circuit. The design of the vanadium circuit lends itself to rapidly accelerating construction to link to the market conditions if required. The Company will confirm the implementation schedule for vanadium during Q1 2020.

[kryptonsnake] 02/1/2020 19:34

Anyone know what's happening here? Am I going to be a millionaire in 2020?

Have Jubilee started paying us from our share of Kabwe yet?


LOLsss

[sleveen] 13/12/2019 15:38

Yes, JLP arranged a disposal and posted a specific RNS to confirm.

[poombear] 13/12/2019 15:34

Did bmr sell all their jlp shares?

[atino] 13/12/2019 14:39

ONE FOR THE ENVIRONMENTALLY CONSCIOUS:
Jubilee Metals Group plc (AIM: JLP | Mkt Cap: £77.2m):

WHO: A South African based, environmentally friendly metals recovery business currently in South Africa and Zambia (PGMs, chrome, lead, zinc, vanadium, copper, and cobalt).

WHY: Revenues are set to get a significant boost following the recent acquisition of all PGM (current and future) and chrome (current) earnings at its Inyoni Operations (South Africa) – this means Jubilee now has full control of the large-scale operation meaning earnings no longer have to be shared (annual results to 30 June ’19 showed a 67% growth to £23.6m and significant earnings growth of £7m).

BONUS: The metals are sourced from slag, slurry, mine tailings, waste and alternative secondary materials from mining operations ensuring a positive effect on the environment with a zero effluent policy.

[atino] 12/10/2019 07:36

Jubilee Metals Holdings PLC (LON: JLP) Chief Executive Officer Leon Coetzer caught up with Zak Mir for an exclusive interview to discuss what investors can expect in the coming months.

Expanding its surface processing footprint into lead, zinc and vanadium from historical surface deposits, Jubilee established the Kabwe Project in Zambia. The acquisition of the Sable Zinc Kabwe refinery has now been completed, and Jubilee’s engineers have commenced the process to upgrade and integrate the recently acquired refinery to the Kabwe Tailings recovery project. The first phase is targeting the production of vanadium pentoxide and zinc concentrate, while phase two is targeting production of refined zinc and a lead concentrate. Jubilee will bring the copper refining line into operation to capitalise on the regional demand for such refining capacity.




From 10:25mins onwards:

(1st Quote) Copper recovery circuit already in operation 🙌 October is the first copper to be plated (very excited 😛) - first copper to be coming out 🙌

(2nd Quote) Second target (by H1, 2020) focusing on vanadium & zinc circuits 😉👍

(3rd Quote) Kabwe has the ability to DAWF jpl’s current earnings ! 🤑🤑 WOW 🤑 He states, unbeatable earnings for JPL.

[fireball xl5] 29/8/2019 14:24

Can’t disagree with you there Plat. They will, I’m sure, only have their interests at heart. The sub division and any subsequent cash call, prior to any agreement on royalties, could potentially offer new investors a very nice incentive and ability to Collect the larger share of those royalties.

[plat hunter] 28/8/2019 11:39

I don't envy the situation you have found yourself in at all and I would be gutted if I found myself caught up in something similar.

I of course only have a peripheral view of all the circumstances but it seems to me that the Kabwe Royalty should be atleast the safest route to ensuring that all investors eventually get their money back. I would have also thought the name change, cash call and relisting would be detrimental to that.

Sacking the BOD, placing the company into administration and collect the royalty for the benefit of the shareholders would be my favoured view

[fireball xl5] 27/8/2019 23:21

Hi Plat, I met BMR and a couple of other holders. Face to face chats with holders and a holder of a considerable amount brings out peoples views of the disingenuous antics by the board. It appears that we caught them off guard by sending all motions to room 101. Colin, sipping cool mojitos from afar appeared by arranged comms and after exchanges with the room backed off and the meeting was called to a halt with a view to call an EGM. The option must be called before any further movement, the royalty agreement must be drawn up. Bring was most amenable and so were the other holders. We were taken aside after the meeting and complemented for our efforts as the board apparently didn’t want that order of business. Strange goings on but trust is an almighty issue. All motions were voted down including Colin’s re-election. I can’t wait for the next moves but nothing as yet appears signed, sealed or delivered. You should make an appearance at the next, may well be very interesting and better attended.

Let’s see what develops.