Bluebird Merchant Ventures Share Discussion Threads

[hazl] 23/1/2019 15:15

..phew grandparent duties today so haven't been able to look in so much,but looks an upbeat report at quick glance..

[homebrewruss] 23/1/2019 14:19

SKY, I think you mean this one:

[skyship] 23/1/2019 14:11

CR - could you possibly repost that bit.ly link - doesn't work for me...

[homebrewruss] 23/1/2019 13:17

Voxmarkets podcast is here:

[the deacon] 23/1/2019 13:09

Quite right HG. This is valued as an early stage explorer...which it quite clearly isn't.

[cool runnings] 23/1/2019 12:58

This morning @bluebirdIR announced an ambitious timetable for its Kochang and Gubon Mines. Gold production expected by the end of the year – how on earth can that timetable be achieved! Read more for free here: bit.ly/2S0qowO @EdisonMining @Edison_Inv_Res #gold #Mining

[bo doodak] 23/1/2019 12:56

Excellent news

[highly geared] 23/1/2019 12:55

It amazes me that people seem surprised by the need for placing/dilution. How else do start ups fund themselves and this is why they list on AIM. The skill is to judge the companies that have genuine potential and those that are ‘lifestyleR17; business with endless placings to pay BOD salaries.

BMV are way up the exploration/production value curve and should be able to rapidly pay down debt financing once in production.We need to see the AISC but at this stage, a good one to accumulate,

[cbeadle] 23/1/2019 12:19

I wonder if we will see considerable interest following the podcast,I think definite mining approval by the Korean authorities will move the share price North! (Maybe Kim Jong Un will notice!)

[skyship] 23/1/2019 11:06

CR - thnx for that. Will it be possible to listen live on Vox Markets, or does it come up on the site after the event?

[highly geared] 23/1/2019 10:02

Need to rename the Kochang mine to the Kerching ! Mine😂

[cool runnings] 23/1/2019 09:20

Podcast live at 12.30! On VOX markets too FYI

[cool runnings] 23/1/2019 09:18

Check out today's RNS - progress in South Korea, great grades, path to production and debt funding discussions. If anyone wants to meet in London to know more COO, Charles Barclay is currently in London - DM us to arrange #BMV..... on their TWITTER page

[cool runnings] 23/1/2019 08:25

Majority of the warrants are outstanding to Colin at higher levels than the current price ! He has enough money that he won't be forward selling . Also the costs are significantly less than what wAs suggested originally

[skyship] 23/1/2019 08:18

s-d: Thnx for reminding me of last July's commissioned research report by Align. I've added it to the Header.

You will no doubt have read the first page too - Conviction BUY - Tp 11.85p

[the deacon] 23/1/2019 08:00

These guys aren't new to this game, and previous placings have set the tone. It's very little in order to get to production, and the fact we'll be cash positive next year says it all.

[space_dust] 23/1/2019 07:51

TD

We will see, will add to monitor, when dilution is in the air and the market knows it, that is always a strain on the share price

From that research report the Co needs to find at least £7m from somewhere, in reasonable time, possibly more.

[the deacon] 23/1/2019 07:45

Space dust, if you're struggling to decide whether this is a buy or not at this current valuation, then allow me to politely suggest that resource stocks probably aren't for you. I don't think there's a cheaper play on the market, given the stage of development, relatively little cost to production and the fact that we'll be producing this year. Of course we may raise capital, but I think those sitting waiting for a discounted placing will be very disappointed they missed out here.

[the deacon] 23/1/2019 07:45

Space dust, if you're struggling to decide whether this is a buy or not at this current valuation, then allow me to politely suggest that resource stocks probably aren't for you. I don't think there's a cheaper play on the market, given the stage of development, relatively little cost to production and the fact that we'll be producing this year. Of course we may raise capital, but I think those sitting waiting for a discounted placing will be very disappointed they missed out here.

[homebrewruss] 23/1/2019 07:38

HG was thinking the same re AAZ although I'm not sure it's quite as obvious a buy as AAZ was when at 4p and similar market cap to here where AAZ had a mature plant, low costs and we're producing lots of gold (although around 50m of debt at that time)

There are still a few uncertainties here around financing, plant startup gremlins and what the AISC cost will be but looks like it could be a great buy and hold if they can gradually ramp up production over the next few years and also not dilute shareholders.

[cool runnings] 23/1/2019 07:34

They will debt finance against production . They won't issue equity. Basically a loan to be paid off from the cash