Bluebird Merchant Ventures Share Discussion Threads

[highly geared] 23/1/2019 07:30

Very well written and clear RNS with an articulated path to production that should be ramping up within 12 months. The only thing we don’t know is what the production profile will look like. If they do debt finance it with minimal dilution for ongoing working capital , that will be remarkable.

This has all the makings of a ‘mini’ Anglo Asian Mining’ AAZ. That’s probably the best junior gold miner on AIM.

Hold onto your shares. Hopefully we’ll have a 1 in front of the share price by this time next year.

[cool runnings] 23/1/2019 07:28

Spot on Tsmithy

[cool runnings] 23/1/2019 07:28

I agree. Where does it state that ?

[skyship] 23/1/2019 07:27

s-d - hope you can post a link for that assertion

[cool runnings] 23/1/2019 07:25

Where ?The company expects that construction of the plant will commence in the third quarter with commissioning occurring in the last quarter. The company is in discussions regarding debt financing for the construction phase. This is expected to result in gold production at the end of the year with positive cash flow in 2020.

[cool runnings] 23/1/2019 07:13

Debt financing to get to production, no need for equity dilution! It's a remarkable story

[the deacon] 23/1/2019 07:12

Very pleased with that bullish RNS. So very undervalued here

[tsmith2] 23/1/2019 07:08

A cracking update

[cool runnings] 23/1/2019 07:08

Production by year end ! Tell me how this is a £4-5m market cap? This is the cheapest play on the stock market IMO

[cbeadle] 22/1/2019 11:18

I wonder if it might move back down to 1.8p Not much volume atm Only smaller volumes permitting any online quotes

[the deacon] 22/1/2019 09:59

Back under 2p to buy. I'll have to have another look down the side of the sofa again shortly...

[ih_140496] 18/1/2019 20:47

It’s definitive news that would get this thing motoring upwards. The resource stocks remain incredibly out of favour

[highly geared] 18/1/2019 18:47

Classic T10’s scalping £50 for 5%. Just keep buying more on pullbacks. The share price will hopefully have a 1 in front of the 2 within 12 months.

[the deacon] 18/1/2019 14:30

Not really bothered. It's a long term outlook that'll pay here.

[cool runnings] 18/1/2019 12:23

It's driving me mental. I really don't understand it all

[digger2779] 18/1/2019 12:10

tsmith - it would seem so although can't see many of them making much of a profit.

[tsmith2] 18/1/2019 11:59

We seem to be blighted by constant sellers

[digger2779] 17/1/2019 17:05

Thats a better finish than I was expecting

[jimbowen30] 17/1/2019 11:51

Highly Geared,
I complete agree and have just picked up initial 75k. Will add more to this and other PM stocks on any weakness. Gold is forming a massive base and will move substantially higher in time.

[highly geared] 17/1/2019 11:41

Market full of 10% traders until we get substantive news. See the bigger picture and continue to accumulate....

[tsmith2] 17/1/2019 11:33

Do we see the buying support at 2.2p again?

[digger2779] 17/1/2019 11:18

Doesn't take much to knock this down. Madness since POG not far off 1300 but I suppose some people happy with a few quid profit instead of waiting.

[ttg100] 17/1/2019 10:21

>> Sky - many thanks for bringing these to my attention.
Spread is a bit of a pain but still way in front now.
Ta m8