Bluebird Merchant Ventures Share Discussion Threads

[dreamtwister] 03/9/2020 10:42

southern gold have working capital,bluebirds capital will be working in the

bankruptcy courts....lol...interesting times a head ?



will bluebird raise ?

[annie1982] 03/9/2020 10:16

Enormous dilution again for southern gold shareholders. They must be loving their ceo for that lol

[dreamtwister] 03/9/2020 10:04

New Strategic North American Investor cornerstonesoversubscribed$10.2millionequity raising•Commitments received for the subscription of 85,000,000 ordinary shares at $0.12 per share with total $10.2 millionraised (before costs)•The issue received strong support by a North American strategic investor, Crescat CapitalLLC,which will invest $2.5 million•Metal Tiger PLC and Flannery Family Officeinvesting $1.7 million and $1millionrespectively, maintain their 17.1% and 10.4% shareholdings•Funding enables expandeddrilling campaigns on multiple targets and a ramp-up onproject generation activityover the next twoyears



bluebird will be in a flutter if a third party enters the frame for s/korean

jv "crescat for example equalls the flannery family & metal tiger subcription

for this funding, the CEO of Crescat is also CEO of Novo Resources, which operates

the Talga Talga project in WA,Eric Sprott has a 9% interest,southern gold has the

support of industry conglomerates & with no doubt done a autopsy on the joint

venture with bluebird.

[dreamtwister] 02/9/2020 08:40

quiet as a church mouse !" have you ever stood on one ?

[bernieboy] 02/9/2020 07:38

Actually nice rather than mice but made me chuckle when I saw it!

[bernieboy] 02/9/2020 07:37

Thanks for the insights guys. Mice to see some posts on the BB again!

[dreamtwister] 01/9/2020 22:23

equity plus royalty on the gold may be the tipping point !

has bluebird a guarantor " hedgefund " to secure the offer ?

the hegdefund will require shares for security....." will bluebird

come to market ? " again !

[andy] 01/9/2020 22:05

dream,


Yes it's going to get very interesting, because if BMV's half is worth the current market cap, which is determined by the market, £15 million, they can hardly put in a low ball bid, can they?


I's still surprised SAU didn't spin out their 50% into a newco and list it in London, where in theory at least it should have been given a value similar to BMV as they each hold half of the same project!

[dreamtwister] 01/9/2020 22:00

bmv/sau held a joint venture meeting on the 27th july !

" southern gold relinguish interests of a joint venture with bluebird.

sau give bmv 45 days to make a offer for the 50% with 60 day to conclude,

should a 3rd party make a bid then a independent umpire will decide who

will be bluebird new partner ?

quick spin of the abacus 36 days has passed since the speacial joint venture

meeting & the 10th september will be the 45th day for bluebird to make offer !

[bernieboy] 01/9/2020 21:07

When is this company going to get its finger out? Seriously only I could get the one gold company going in the opposite direction to all other gold companies and the PoG. Very disappointing

[outlawinvestor] 21/8/2020 12:14

[COVID-19]

20-Aug: South Korea Warns Covid-19 Back In ‘Full Swing’ After Week-Long Case Spike



“We are standing on the cusp of the nationwide outbreak,” Kwon said at a briefing Thursday. “The wider capital region should brace for a massive wave of the outbreak.”

22-Aug: South Korea announces unprecedented restrictions to curb spread of Covid-19

[dreamtwister] 18/8/2020 18:57

plus the oled tellys are overheating & recalled.

[highly geared] 05/8/2020 13:30

Flag and Pennant well and truly intact again , which should be Uber positive for another leg up once the SAU stake is resolved.

[euclid5] 05/8/2020 11:53

Dream T, what exactly do you mean working for investors please?

Seems Align Research now own over 3%, were these the warrants they took in March for 1.13p

Which ever way you cut the mustard, BMV are sitting on a valuable gold mine that doesn't need multi millions in a BFS report to be issued first before getting funding

Can accept some dilution in getting the other 50% holding or if the Korean partner takes some of this.

BoD had a large stake here so doubt they want to dilute themselves own

[shortarm] 05/8/2020 10:46

Yeah, that would be illegal.....