Bluebird Merchant Ventures Share Discussion Threads

[cool runnings] 02/11/2018 10:44

All will be addressed imminently...

[euclid5] 02/11/2018 10:25

capex of $10m is to be shared 50/50 with SGold so have to raise $5m for Capex or £3.8m

not bad considering exploration gold co's raise multi $m in capex after PFS / BFS reports, that are need for funding. Don't think they need to go through this long process of a full BFS as this is usually required for banks to offer them large funding required by Exploration co's

[the deacon] 02/11/2018 09:53

Are you surprised? Anyone interested would have read the recent results and understood that they're working on a fundraise. Even someone with half a brain would contact the broker to get involved. Page 31 - Going Concern https://bluebirdmv.com/wp-content/uploads/bsk-pdf-manager/BMV_Jun18_AR_Final_8.pdf

[tsmith2] 02/11/2018 08:42

zilch interest

[hazl] 02/11/2018 08:07

Actually says it will be a cheaper process too because of what they have found.

[hazl] 02/11/2018 08:03

'The report on the feasibility of reopening the Kochang mine, the final requirement of the farm-in process, is expected to be submitted to Southern Gold about 2 weeks after receiving the metallurgical testwork results. The test work is expected to be finalised in the next 3 weeks. '

B e interesting to see what Southern Gold make of it.
Seems to be very positive and progressing well.

[tsmith2] 02/11/2018 07:16

sounds good to me

[the deacon] 01/11/2018 14:56

Lots of equity placings by the looks of it. Report reads as though the next six to nine months are going to be expensive for BMV

[cool runnings] 31/10/2018 09:33

Now the annual report is out the way things can be done !

[tsmith2] 31/10/2018 08:32

news in due course, so we are due news soon

[cool runnings] 30/10/2018 14:29

Well wait is what you have to do !

[tsmith2] 30/10/2018 14:27

we continue to wait

[tsmith2] 30/10/2018 14:26

a bit of life

[bo doodak] 24/10/2018 12:53

On target,
Bishop recently intimated capex of under $10m to start production

[hazl] 23/10/2018 20:51

thanks to Lauders for the link

[hazl] 23/10/2018 20:49

S Korea now has estimated global growth of 2% beating Australia's 1.8% and
Canada's 1.7%.
Added to that the fact they are mining friendly and this is a fairly complementary backdrop.

imo

[hazl] 23/10/2018 14:44

GOLD is up 15.9 1.35%!

[hazl] 23/10/2018 14:35

CAPEX.....

'Bluebird continues to initially target low capex gold production of 10,000 oz per annum commencing during the fourth quarter of 2019 and for production to increase to 100,000 oz of gold per annum over a five-year period. The capital costs are significantly less than bringing a new mine into production. '

[hazl] 23/10/2018 14:31

[...]

Metallurgical test WORK RESULT EXPECTED BY THE END OF OCTOBER.

[on target] 23/10/2018 14:21

Small production rates being talked about though. What's the capex?

[hazl] 23/10/2018 13:56

'Millions of ounces of gold remain untapped within old gold mines around the world. Bluebird's mission is to bring old mines back to life by utilizing our global experience in re-opening old mines to unlock hidden value'