Bluebird Merchant Ventures Share Discussion Threads

[cbeadle] 02/1/2020 14:11

Surprised that this is unchanged with plenty of steady buying

[cool runnings] 02/1/2020 11:03

Can you see how many available on the rsps?

[scotty1] 02/1/2020 10:56

Online limits creeping up.could see a tick up on bid soon 😉

[hulk2004] 02/1/2020 10:40

Took a punt this morning, normally stay away from resource stocks but this looks to be producing quickly this year at a low cost, best of luck.

[scotty1] 02/1/2020 08:12

Well tip updated by TW as now a strong buy,then Steve Moore tipped it as one of his shares of 2020,price of gold will more than likely rise,only a modest funding required,production starting this year,can only see this going one way over the coming weeks/months 😉👍

[daveydave1] 01/1/2020 12:12

If the gold price stays over $1,500 in 2020 this could be one of the big winners in 2020. Exciting year ahead. GLA

[cbeadle] 01/1/2020 12:07

Happy New Year to you on this thread. If they deliver it will be a really exciting year, and signs of rerating in the last few sessions

[moneymaker2015] 31/12/2019 16:24

I haven’t kept up to date with this share lately. It’s one I bought into a while back and have just left it to ride out. What I particularly like is the speed at which things have progressed over the last 18 months. There’s very few shares in issue too. Provided we can actually avoid dilution, in another 18 months (and all goes as planned) this will be worth a small fortune!

[tsmith2] 31/12/2019 12:10

If/when they get funding sorted, it's only a modest amount that is required - this will fly

[scotty1] 31/12/2019 11:49

Tipped by Steve Moore today as one of his tips of 2020 need a subscription to read all.

[highly geared] 31/12/2019 10:15

What is certain is that any level of production share will be worth more than the current £8.85m market cap. So, for those with patience, a no brainer. The BOD also have considerable experience of reopening old mines and have plenty of skin in the game.

[parsons4] 31/12/2019 09:49

Outlaw... no we are not the same person, I forgot that BMV have a 50% interest. Anyway with a strong GOLD price and production reaching say 30,000 oz this could certainly be a multi-bagger. There is more interest now, they have been off the radar for the past year or more.

[the deacon] 31/12/2019 09:45

Absolutely. Let's not forget the significant silver kicker too. Both gold and silver forecasts looking very strong through 2020 and beyond.

[highly geared] 31/12/2019 09:37

The difference with BMV is that shareholders will not be subject to 5-10 years of resource definition drilling, PEA, scoping , PFS and BFS , along with £15-20 million of expenditure funded by numerous dilutive placings (eg KEFI).

Production should be within 12 months with minimal debt finance and slowly build over 5 years targeting 100k oz with ramp up costs funded by cash flow.

If you dare to dream, BMV’s share by 2025 @ 50k oz and assuming gold enters its most spectacular ever bull market, @ say $2000 net per oz, will be $100,000,000 per annum.

It’s possible to speculate on BMV delivering EBIT north of £50 million, albeit many steps for that to happen.

I subscribe to Clive Maund , who’s usually spot on with his analysis. He sees gold at $3000_4000 by mid 2020’s as central bank money printing goes into overdrive and the $ value collapses. Ergo, there couldn’t be a better time to be investing in gold stocks..

[scotty1] 31/12/2019 08:05

12.30 close today,maybe see a few taking positions ready for New Year 😉

[outlawinvestor] 30/12/2019 20:13

Speculatively, if it indeed goes to plan, BMV could be paying out the equivalent of its current m/cap in dividends by year 5 - imagine receiving your current holding back every year for a few years!

[the deacon] 30/12/2019 19:40

Remember that the plan is to be around 100,000oz per annum by year 5. The JV will be firmly in the mid tier miner category at that stage.

[outlawinvestor] 30/12/2019 19:02

@Andy - it is not his figure, he "nicked" it word for word from parsons4 (#1184) hence the inability to defend/explain it.

ps - in the event that nw99 and parsons4 are the same individual I sincerely apologise.

[andy] 30/12/2019 18:17

cbeadle,


Thanks, so his figure needs to be halved for the actual benefit to BMV.

[outlawinvestor] 30/12/2019 17:41

Obviously no RNS today regarding AGM. And we still don't even know what the agenda was since there is no info on their website...

[cool runnings] 30/12/2019 16:26

It's all 50/50 costs and profits , SAU using the BMV management experience in Colin and Charles to get to production

[cbeadle] 30/12/2019 16:12

I think it's 50-50 joint venture between the two.

[andy] 30/12/2019 16:02

nw99,


Doesn't Southern gold get a share of the production?