Bluebird Merchant Ventures Share Discussion Threads

[tsmith2] 25/10/2017 08:51

hugely undervalued imo

[tsmith2] 25/10/2017 08:50

Not really the mine would have to be particularly spectacular for anyone to commit to that sort of capex nowadays. We know the infrastructure saves a huge of time, cost and effort but no need to egg on too far.

[cool runnings] 25/10/2017 08:14

Euclid that's a key point ! If BMV wanted to get the mine up and running to where it was it would cost $350m plus ! We have it for free ! That once again shows the huge size of this project !

[tsmith2] 24/10/2017 14:13

think this is well below radar. At some point we will get some serious amount of attention.

[tsmith2] 24/10/2017 14:12

Infrastructure - it's a massive saving but in itself worth anything

[euclid5] 24/10/2017 12:05

120 kms x $3,000 per meter = $360m / 1.30 = £277m infrastructure in the mine - considering it was the 2nd biggest SK mine.

[the stigologist] 24/10/2017 11:11

so they're basically saying they've got $420m worth of infrastructure here ?

[euclid5] 24/10/2017 10:57

someone was smart enough to buy just over 1m today of the back of today;s news

[euclid5] 24/10/2017 10:56

Largest risk on this co is the location & so long as nothing bad kicks off in NK / SK area we should be ok

[euclid5] 24/10/2017 10:52

Nick, I wouldn't worry about that yet, as the directors can easily extend the maturity date of their loans or convert to shares.

Worth looking at Colin Patterson's & Charles Barclay's previous working experience

hxxps://bluebirdmv.com/team/

I think it's best if you take a read of some of the posts from a poster called
"Dingoheeler" from the Hot copper website

hxxps://hotcopper.com.au/asx/sau/

also BMV's twitter:

[nick rubens] 24/10/2017 10:20

cheers

This Loan Note on a 6 Month term will earn 8% Interest paid in shares. That I understand.

How will the loan note itself be expected to be repaid? Do they expect Profits or are they likely convert to shares instead?

[novicetrade68] 24/10/2017 10:00

Is it not the case that till they've released the FS on the Korean mines, BMV should be ok fund wise? I was under the impression that in case they need more money the Directors committed to make up to $500k available.

[nick rubens] 24/10/2017 09:41

A year ago there was supposed to have been a potential offer of investment for a majority/controling stake at a premium to the then share price.

What happened with that? Is is still in discussion?

That aside, how are the finances here? cheers NR

[tsmith2] 24/10/2017 09:02

Also some meaty director purchases would help sentiment

[tsmith2] 24/10/2017 08:14

News - not bad at all. Still zero interest in stock

[cool runnings] 24/10/2017 07:36

The sheer size of this project and the upcoming studies should make for interesting viewing in the coming weeks ! I remain very optimistic on a game changing situation evolving here

[digger2779] 13/10/2017 15:41

Sitting next to a potential war zone may be putting people off.

[cool runnings] 13/10/2017 15:29

Ted , I couldn't agree more ! PR and brokers have both been a pain from the off ! Something will be done I believe to rectify !

[tsmith2] 13/10/2017 07:50

Cool runnings not seen One write up or comment. If the idea was to drum up interest in the stock then management have monumentally failed.The PR outfit should be shot?

[cool runnings] 05/10/2017 14:18

Ted, I have no words ! I'm shocked at a total lack of interest ! Seems that news flow will be the only driver and not demand for shares !

[tsmith2] 05/10/2017 11:11

cool running: complete apathy, if yeh management were here to promote the stock, they've not succeeded one jot, as yet..

[cool runnings] 04/10/2017 07:14

Funding IS NOT a concern ! Directors are not taking salaries and are all aligned to the progress of the company !