Bluebird Merchant Ventures Share Discussion Threads

[bradders51] 22/11/2022 11:14

Straight out of Dad's Army :-))

[johnyee 7] 22/11/2022 08:45

we're all dommed,what?

[rakepat37] 04/11/2022 11:17

Hopefully break 2p today then away we go till progressive news flow

[parsons4] 02/11/2022 12:59

T101 have you nothing better to do ????

[shortarm] 02/11/2022 12:34

Hello hello....?

[johnyee 7] 01/11/2022 15:13

Anyone sent questions for the presentation on Friday?

[reestie3] 18/10/2022 20:08

Most of those selling today were traders who bought less than a week ago.

[terminator101] 18/10/2022 15:14

Just checking in on this pile of pish. Oh look it's an even worse pile of pish than even I thought.

[rakepat37] 18/10/2022 14:57

Somone dumping

[philby1] 18/10/2022 13:30

BMV on Twitter;

We have 100% of our South Korean projects which are licensed and have an estimated 1.5 m Oz Au - bought 50% for just under what our market cap is now and also have the Batangas gold project back in play which was written down 3 years ago. Frustrating market!

[philby1] 07/10/2022 14:15

Proactive interview.

[johnyee 7] 04/10/2022 08:57

Everyone sleeping on here?

from May this year.

"Reviving the Batangas Gold Project is a fantastic and unexpected opportunity to create value for shareholders. Approximately USD 20 million of historical expenditures have currently been written down to zero in our accounts. Should the application be granted this will immediately resurrect the value of this project.

[digger2779] 01/10/2022 18:15

dyor - they took the 1st tranche in April but can't see anything for May.

[doyourresearch] 01/10/2022 15:58

So BMV made this announcement in April 2022

hxxps://bluebirdmv.com/funding-package-to-accelerate-move-to-production/

It says that they have debt financing of £1m and would be drawn in 2 £0.5m tranches in April and May

But guess what? This debt finance doesn't appear anywhere in the Interims. So what's happened to it?

Even a rescheduling of the drawdown would require an RNS but, given that it isn't even mentioned in the Interims perhaps it's disappeared?

BMV are taking shareholders for mugs. They are failing to update the market with price sensitive information.

[johnyee 7] 30/9/2022 10:12

Not great to say the least.

Based on financial projections prepared by the Directors, the Group’s current cash resources are
insufficient to enable the Group to meet its recurring outgoings for the next twelve months. The
Directors have a reasonable expectation that the Group will continue to be able to meet its
commitments for the foreseeable future and will raise funds when required from either the debt or
equity capital markets.
Whilst the uncertainty caused by COVID-19 has diminished, concern over the continued impacts of
the war in Ukraine is creating volatility in capital markets and will make raising additional funds from
any source significantly more challenging, however, the Directors remain confident that this is
achievable.

[digger2779] 27/9/2022 14:32

Doesn't look good does it.

[rakepat37] 26/9/2022 11:43

Gold taking a massive hammering today ... over done with the sale off

[rakepat37] 06/9/2022 15:37

Always the way lol

[scotty1] 06/9/2022 12:03

Spoke to soon there rake

[rakepat37] 06/9/2022 11:48

Ticking up nicely

[terminator101] 05/9/2022 07:51

No timeline given for any of that pish huh. Can ya guess how long the dream team of Hutchinson and Morley Kirk will take to deliver anything? Same as in the past with all their promises. Forever. How is this worth a market cap of £16 million. Hilarious.