Bluebird Merchant Ventures Share Discussion Threads

[toyin] 08/11/2019 08:01

Lol, well you never know these days!!

[tsmith2] 08/11/2019 07:56

Agreed. it is indeed of monumental significance.

[cool runnings] 08/11/2019 07:55

You must have been listening in to my conversations with people ! Lol

[toyin] 08/11/2019 07:48

I agree cool, I think you will find Mr Patterson will fund it as he has done in the past and or have it already sorted.

[cool runnings] 08/11/2019 07:33

This is a monumental milestone for the South Korean mining industry. Getting a mining permit anywhere in the world is not easy and to be following in Ivanhoe's footsteps is exciting. I am sure management haven't been sitting by the mail box waiting for the letter! I await the next updated with more detail on next steps etc.

[highly geared] 08/11/2019 07:21

This is welcome news as the mine now has tangible value. I guess their funding plan is tied into having both permits + there’s the Kores drill funding for Kochang.

My only frustration is words around ‘updating the market in due course’ - they’ve had 9-12 months to have developed a funding strategy to bring the mines back into production, so now they have the permit for the bigger of the 2 mines, what is the plan? The market needs to know sooner rather than later, otherwise we , as shareholders, remain in limbo.

[tsmith2] 08/11/2019 07:06

This means that the Company is now free to engage in a full scale operation to reopen the mine and bring it back into production.

[tsmith2] 08/11/2019 07:06

But welcome news.They now need to crack on starting with showing us they've not been sat idly for months and have a proper plan and financing options on table swiftly

[rakepat37] 07/11/2019 15:36

Looks like it ... news to drop soon as well overdue

[tsmith2] 07/11/2019 15:29

Leaky leaky?

[rakepat37] 05/11/2019 18:05

Agree, I had to sale some as this is becoming a bit more riskier than previously thought , I'm also in BigDish and Aidan and the team screwed that up and took a hit on that as well

[king_baller] 05/11/2019 15:43

Liquidity goes both ways. A 30% drop with only maybe £30k sales over previous few weeks, means only 30k buys should take us back to where we were. And on permits and financing being sorted this will get significantly more buys than that! It’s a terrible stock to trade in and out of, so just requires patience.

[digger2779] 05/11/2019 15:30

This is getting ridiculous now.

[shieldbug] 26/10/2019 09:30

There was a Proactive Investors article on BMV published on 24th Oct. Nothing new but the video clip was of Barclay talking back in January where he gives a figure of £5m capex to start mining plus plant.

Has there been an updated figure?

[...]

[digger2779] 25/10/2019 22:08

Definitely need decent news here. Another month's delay and a silly sell for less than £1k drops the share price by 2.6%!!

[leopoldalcox] 25/10/2019 11:14

Could not agree more. I have a very small holding here and do not intend to increase until the licensing and funding is more clear

[highly geared] 25/10/2019 07:32

Until the licences are received and the funding confirmed, price targets are fantasy. That’s why the share price is where it is. The license process is proving frustrating and painful to say the least but only in the context of timelines projected by BMV back in February/March.
We need some news about overall direction, funding etc.

[bo doodak] 25/10/2019 02:47

Align, share price Angel, Optiva, etc - toilet roll paper in the main?
The factual info can be useful, with extra snippets, but its folly to give credibility to their price targets

[cool runnings] 23/10/2019 09:54

Previously released research pieces, none of which written by Optiva, included alternately constructed valuation models. Rerunning said models, using current market conditions, outputs implied Market Cap values as high as £107.54m.

[cool runnings] 23/10/2019 09:43

A very good note from Optiva today!.Based on the aggregated figures, an implied Market Cap of £47.80m is derived, which would in turn translate to a target share price of 12.91p. As is clear to see, this represents a premium in excess of 400% on the current market price at time of writing, based on the (admittedly strong) assumption of no further dilutive actions over the assessed timeframe. As will be detailed below, these numbers were calculated under possibly the most stringent set of assumptions to which Bluebird has been subject, and as such a view can be taken to the true potential upside of the company.

[cbeadle] 22/10/2019 16:45

When will some more news come? It's being really ignored

[digger2779] 18/10/2019 18:26

Not been a good week.

[cbeadle] 16/10/2019 19:17

A large 2m sell went through this pm, that has probably caused the price reduction