Bluebird Merchant Ventures Share Discussion Threads

[andy] 07/6/2020 10:57

cbeadle,


"far less"?

[cbeadle] 04/6/2020 13:49

I wouldn’t disagree with you digger, I wonder if they are planning to be bought out, or is the share structure too tight? I have sold some 10% this morning and switched into MTR but I intend to hold firm with the rest.

[digger2779] 04/6/2020 13:12

Funding news creeping ever closer whatever it will be. Realistically if we do get non dilutive funding what are peoples share price expectations :-

A: on news of funding
B: short term
C: medium term

Mine are

A: spike to 6/7p and fall back to 5p
B: between 7p and 9p
C: take out between 12p to 15p

[dreamtwister] 03/6/2020 21:05

I would worry not about southern gold finacle`s.....But more concern`d

about bluebird "lovely name by the way " housekeeping,The private entity

due to fund the project may delay due to the pandemic !

[skyship] 03/6/2020 16:11

monty - hc = hotcopper

[annie1982] 03/6/2020 14:32

Southern gold have lots of projects so probably the reason for the complaints from their shareholders

[montynj] 03/6/2020 14:25

Yes Andy but it's the history of the endless dilution at Southern Gold which has presumably left a nasty stain on their shareholders....

[devonlad] 03/6/2020 11:17

Andy, is this Southern Gold's only project, do they have any other project that requires further funding and therefore dilution?

[andy] 03/6/2020 10:55

monty,


But they're good to go here, in just the same way BMV will be once they raise their share of the finance.


Australians like to take projects through to production, and that is exactly what Southern Gold intend to do here, so whilst I can understand the frustration for the time delays, I can't understand the undervaluation, or rather difference between valuations.

[montynj] 03/6/2020 09:33

Coz their shareholders are complaining of endless dilution and placings to finance all their tenements

[montynj] 03/6/2020 09:25

"HC" ? HC is Hutchinson china

[andy] 03/6/2020 08:56

Southern Gold now capped at £10 million versus £17 million for BMV.


Reading the HC BB, it's amazing how the negative posts there contrast to the positive posts here, for two companies that equally share the same project!

[montynj] 03/6/2020 08:44

https://www.kitco.com/commentaries/2020-06-02/Gold-stocks-vs-gold-it-s-rocket-time.html

[montynj] 03/6/2020 08:43

A beautiful bullish chart....

[annie1982] 03/6/2020 08:11

Certainly feels like it is about to really takeoff

[cbeadle] 02/6/2020 21:52

Similar pattern of trading during the previous sharp upward rise, quiet for most of the day then a sudden sharp uptick close to the end of the day. It could bode well for the next few sessions. Something about the chart makes it look like it’s about to take off

[guru] 02/6/2020 17:00

1.3m shares bought in batches at 4.66p.

[devonlad] 01/6/2020 12:18

1m trade just gone through, not notifications of major holders selling down, hopefully that is the end of the seller.

[cbeadle] 01/6/2020 10:11

Almost no volume, the mm spread is probably a deterrent for buyers

[digger2779] 28/5/2020 12:13

rakepat - financing terms to be "confirmed shortly" according to RNS with a view to financing to be received by end of July. It seems an odd thing to say as you can't have one without the other? However "shortly" in business terms isn't the same as laymans shortly.

[rakepat37] 28/5/2020 11:39

We have another month or so until we get news so just need to relax and take position

[andy] 28/5/2020 10:10

Skyship,


Agreed, but I would go with a Standard Listing personally. They would certainly benefit by being quoted here, as the arbitrage gap would certainly be closed then.

-------


Interesting comment from HC after the last BMV RNS:

"Oh yeh, its not guaranteed, but its worthy of an announcement. AIM attracts higher valuations and more interest in wannabe miners, yet they can basically release whatever fluff they want. :S"