BMR Mining Share Discussion Threads

[mlangton1] 02/2/2015 08:00

Anyone interested in reading the RNS. Probably best not to.

[fireball xl5] 29/1/2015 09:36

Well Ray is busy:

CEO

With nearly 20 years operational experience in the Balkans in both commercial and political spheres he became the first to IPO a technology company in Macedonia whilst pursuing a narrowly focused investment strategy in the natural resources sectors. Successfully led Ascot Group’s mining consultancy team on projects in Africa and the Balkans in key base metal projects, succeeding in developing economically viable beneficiation processes in complex projects and establishing operations on distressed assets. Ray performs an honorary service as Chairman of the award winning British Chamber of Commerce in Kosovo; the British Business Group in Macedonia; and is a member of the Executive Committee in the Council of British Chambers of Commerce in Europe, roles in which he has been party to developing new mining codes and legislation in some of the Balkan countries and leading high level government trade missions across the region.

[vanheldan] 26/1/2015 20:07

My reading of IG is as follows:

They've been hit bad from the swiff franc debacle in the region of £30m. They are probably covering themselves in the expectation that when BMR starts trading that it will be hammered and this will risk clients ging into negtaive equity in their accounts. Looks like they are taking a risk averse approach and asking clients to cover the entire cost of the CFD so they carry less risk.

I don't necessarily believe it is because they have heard that BMR is to start trading again this week and are preparing for themselves. I think it may be that they are reviewing their risk managment. Across the margin FX / CFD industry margins are being raised and liquidtaion levels reviewed, so IG doing this on a share that we can all agree will see considerable selling pressure on the open is just sensbile from their perspective.

[vanheldan] 26/1/2015 16:35

I hope that is a signal that we are to be trading again soon. They definitely suspect, as we all do, that this will tank on the open. Given the swiss debacle a couple of weeks ago, they won't be looking to add to their client deficits.

[jonb7030] 26/1/2015 13:27

Just had an email from. IG stating that the margin on bmr trades will be increased to 100% as of 12:00 on 28th. I guess the suspension is about to be lifted! Brace yourselves!

[fireplace22] 26/1/2015 11:27

wiggle there is already a shareholders action group - about 18% of shares involved. See:

hxxps://bmrwatch.shutterfly.com/

[wiggle1] 26/1/2015 11:23

Yeah, but what are the options, we can do nothing at all. Anyone with a good experience of a stock suspended before...?

[vanheldan] 25/1/2015 10:36

When it comes to BMR, i believe nothing until i see it and even then i 'm sceptical given its past history. Email exchange from BMR management has hardly proven itself to be gospel so far has it?

[fireplace22] 24/1/2015 07:05

email reply from Alex Borrelli to a poster on LSE says preparations for the commencement of processing at Kabwe are proceeding.
Hope for us yet?

[mlangton1] 13/1/2015 06:23

Much more interesting thanks. A truly momentous "What if" event.
BMR sadly remains my best performing share since suspension. News must be fast approaching now. GLA as always.

[stav5001] 12/1/2015 17:48

hxxp://www.battlefieldstrust.com/resource-centre/viking/battleview.asp?BattleFieldId=17FB

FB

Your wit and experience would be a plus for holders, I look forward to your inclusion and participation.

As for Hastings. Well......

"Finally, after reversals on both sides, William breached the shield wall. The collapse of the English defence may have been as a direct result of Harold himself being killed, for medieval armies so often lost their resolve once their leader was dead. Once their carefully organised formation was broken they were vulnerable, particularly to cavalry attack. Despite a possible attempt to hold the Norman pursuit at a site described as the 'Malfosse', the English forces were routed, fleeing northward towards the woods of the Weald.

Though other forces remained undefeated across the country, having lost their leader and most of the housecarls the English never again mounted a serious challenge. Victory at Hastings had given William one of the greatest prizes in Europe and saw the English people subjugated by an oppressive foreign aristocracy"

[fireball xl5] 12/1/2015 06:42

“It is ours…it is important for our tourism.”
Speaking in Kabwe when she commissioned the first ever mining museum run by Enviro Processing Limited (EPL), Prof Luo said Zambia is the rightful owner of the Broken Hill Man skull.

[fireball xl5] 10/1/2015 06:55

Stav, you have made all the constructive comments, it is now up to individual holders to act. Perhaps Hastings would be the ideal place to muster and we should contemplate taking a leaf from our Norman ancestors book. There will always be an England.

[stav5001] 09/1/2015 19:24

Posted on iii

Battle weary BMRions, my apologies for the length of my previous message.

I fully understand why many are now reluctant to post, I was also reticent, however, ..... I still believe in BMR’s potential to turn our poly-metallic assets into cash. I am also hoping that the whispers of news from BMR...sooooon are true, and that it WILL be positive.

However, think, can any BMRion give one good reason, detailing what we can possibly lose by simply pooling our voting power?

What we cannot afford is apathy and in-fighting amongst ourselves. Hindsight is a wonderful thing, and who has not been guilty of making mistakes, or calling it wrong either way in the past? If shareholders are to maximise the potential to protect their investment, we really need every BMRion to get off the fence.

I have no axe to grind with the BOD, but in the face of NO real official news, and the most recent RNS’s, I am not willing to simply sit back and HOPE that things ARE taking a turn for the best based on hearsay. Let us be clear, I am not calling for an EGM, but I want to see LIVE ACTION, and transparency moving forward, with regular, accurate and effective communication to the REAL owners of the company. I believe that we can raise the share pool to exceed 50% of the shares in issue, if all BMRIONS across the 3 main BB’S respond. Its easy and only takes a few minutes to pledge your vote.

"Anything that is not inspected, will not be respected", it is only by having the voting power, that can we guarantee fair play, AND WIELD REAL INFLUENCE.. No more AGM's with board members not attending.

Let us be clear, I am not calling for an EGM. If the new team under AB prove to be effective and produce real results, I will be the first to congratulate, applaud, and support them. However, if we are unhappy with their proposals we must be prepared to act, so pooling our shares is surely a "NO BRAINER".

WE HAVE NOTHING TO LOSE; UNITING BMRIONS WILL ONLY MAKE THE BOD RESPECT US MORE.

We must put aside our differences, past exchanges or harsh words. Our mantra must be to ...RESPECT EVERYONE, AND EXCLUDE NO ONE! IMPORTANTLY, WE ONLY WANT WHAT’S BEST FOR BMR, IN THE UNFORTUNATE EVENT,... that decisive protective action is required, we must be legally versed and prepared to act, but ours should be the measured voice of reason.

Perhaps it would help if serious holders could meet? Constructive comments on this post are welcome as we need all points of view, an open dialogue is best, so where is everyone? Our aligned priority is for BMR to succeed.

Enjoy the weekend. GLA!

[stav5001] 09/1/2015 17:22

FB

TIME FOR YOU TO POST ON LAFFERS SITE,DO YOU HAVE COMMITTEE STATUS?

I THINK A MEETING OF SERIOUS BMRIONS IS THE FIRST STEP.

[fireball xl5] 07/1/2015 22:29

Agreed Stav but there must be some serious security considerations. I wish the Goons were involed, a few from beyond the fringe and a couple of Q series with a touch of the flying circus. Then again a little more eccentricity may be needed, perhaps a few AIM BODs could be courted lol.

You are of course correct and it time to muster.

[stav5001] 07/1/2015 20:22

FB

YES. Never mind the "Avengers"

Vangaurd and BMRions Assemble!!!

We may also be a bunch of eccentrics, but we believe, and where there is a will there is a way. I think its high time some of the serious BMRions met!

Where are the Vangaurd, who still stands?

[fireball xl5] 07/1/2015 15:23

Wiggle - Join the assemble, no one should sit and fiddle whilst BMR burns.

[fireball xl5] 07/1/2015 15:19

Nice to have you back and on board Stav. Your personal life issues etc. must obviously come first. From your well versed post I can hopefully proclaim that the Vanguard should be assembled and ready for any event that may strike us. I too cannot believe that we have come so far and that so much energy and time has been spent by so many without those seeds that have been sown showing little or no signs of life. I hope that there is a silver lining in this sows purse. I would accept zinc and lead as a substitute. As you state Stav, one must be prepared to tackle every eventuality and doing this from within the circle of trust is the only way forward.

[wiggle1] 07/1/2015 13:42

stav, great post as always, what's Laffers site called ?

[stav5001] 07/1/2015 10:19

ALSO posted on iii: Best wishes to All BMRions for 2015.

BMRions, Why I have not posted: Personal business / life related issues, and a long planned month visiting an Ashram at the base of the Himalayas. My phone was switched off for the duration, and I have recently returned.

Why I have chosen to post now: despite wanting to keep a lower profile (as BMR was taking so much of my energy and time in the past), having read considerable portions of the posts across the 3 main BB boards, including the suspension and recent RNS NON-UPDATE. I feel that small investors, who have bled to make this wild BMR adventure possible, cannot allow this to continue further into uncharted territory, without having some kind of contingency plans in place.

There has been no end of wild speculation, some of it slanderous and unfounded, primarily because we do not have the facts, "Mushrooms" springs to mind, and it's clear that when investors are losing money, angry and afraid, it invariably brings out the worst, and darker side of their nature.

Like most here, I am seriously concerned about my substantial investment in BMR. I have been here since early 2002, I cannot afford to crystallise the huge losses. Initially I was truly shocked to see MA go, and needed time to reflect, whilst anxiously waiting to see how things would develop, rather than just jump to conclusions. Unfortunately due to the continued lack of any detailed news-flow, the trust and confidence that I once had, that things are progressing with shareholders best interests in mind is no longer clear-cut.

I would be happier if our objectives were more clearly aligned with management, where is their financial commitment demonstrated? A new broom sweeps clean, and is not answerable for any previous issues. A lower share price does not benefit already fully committed longer term holders, its just an opportunity for newcomers. This is not to say that good things are not happening in the background, but simply that without more detail and some explanation, the company’s current situation and latest RNS is very concerning. Independent lawyers and accountants, a peer review of our existing, time consuming and very expensive work that BMR funded to obtain permissions?

• PREPAYMENT: PAID UPFRONT!
• MISCLASSIFICATION: NOT what it was purported to be?
• VALUATION: NOT worth what it is reported to be worth?

These key words above need thinking about. I sincerely hope that AB will turn out to be a great asset to BMR, very capable and a deal-maker who delivers. Perhaps BMR are stalling for time, however, looking at AB's background, NO mining experience, NO African experience, does his CV suggest a big ideas man, a known company builder? How was he selected / appointed? We should all be thinking about our options, and OUR Company, just in case.... as this is AIM, and it's no game.

UNITED WE STAND DIVIDED WE FALL:
Regardless of people's individual views, (which we all understand will differ), there is undeniable added value for all BMRions (whether we own one share or millions of BMR shares) to come together in a united front, placing our respective differences to one side, so that we may all benefit from our collective strength, and speak with one voice. If the situation requires it, and we need to safeguard our interests in BMR, we must all agree to disagree.

WHY?
Sadly it is only by wielding a collectively high percentage ownership of BMR (which I sincerely believe that PI’s have), that we will have a voice, strength, and the ability to protect and preserve what brought us ALL together in the first place.........the belief that our investment in BMR would return financial rewards over the medium and long term, and that the people of Kabwe would also benefit, creating a virtuous circle.

ACTION:
Laffer has done excellent work, in an effort to bring us together by creating a web site and a framework; we need to recognise the value of this, by helping / building upon it and demonstrating our collective strength by registering. Why reinvent the wheel?

If there is a consensus, we must somehow ensure democratic voting within that framework so everyone gets to vote and put forward the options that form the basis of voting. At this point my sole interest is to add weight if possible; by acting as a catalyst and to give my support to the notion of BMRions all registering our holding in this one place. Above all we need unity...before last year’s AGM almost 200 PI's from across the boards responded to one of my posts, how many BMRions still stand? We need the silent majority to get involved if we are to have real power. United we stand divided we fall.

Let me be absolutely clear........ I am happy to support ANY individual or group who are democratically elected or have a consensus to act on behalf of the majority of registered share holders to protect our interest, if and when the need arises. I am NOT accusing the BOD or anyone of anything; we could be at the cusp of very positive news. However, Forewarned is forearmed!

On reflection like so many here, I truly believed in BMR RNS 200%. I carefully followed the RNS reports and all available public information. I also believed in MA, and his large shareholding gave comfort. That is why I never sold, and why I am so over committed to a single AIM share. What I am NOT prepared to do, is to allow BMR, (which based on all previous RNS's still has so much going for it, by way of its poly-metallic assets, licenses, infrastructure, and is still debt free), to be mismanaged or spirited away. I refuse to believe it does not have great potential, and is a potential money spinner, unless it is proven otherwise. All viable options open to the company should be explored.

The time has come, shareholders deserve some clarity, after all we funded most of this with our hard earned cash. We need dialogue, and transparency. If required (and we have enough votes) just knowing that we could call an EGM, vote representatives on the Board (to protect shareholders interests) or perhaps even make changes to the BOD, will seriously focus everyone’s minds. I am sure that there must be a pool of talent amongst BMRions.

Please, take this in the spirit in which it is intended, I am a LT-shareholder with a sizeable holding and high average. I understand why many are now reluctant to post, I was also reticent, as .....whilst I still believe in BMR’s potential, I have been cut, and I am bleeding BMR. What do we have to lose by pooling our voting power? What we cannot afford is apathy and in-fighting amongst ourselves, if we are to maximise and leverage our potential, to protect our investment. We need to get off the fence. Where are the 300, who still stands..more than 155 for sure? We will need as many BMRions willingly on board as possible. We must put aside our differences, past exchanges or harsh words. Our mantra must be to ...RESPECT EVERYONE, AND EXCLUDE NO ONE! IMPORTANTLY, WE ONLY WANT WHAT’S BEST FOR BMR. If,... decisive protective action is required, we must be legally versed and prepared to act, but ours should be the measured voice of reason. Our priority is that we want BMR to succeed. GLA!

• " It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things”. - Leonardo da Vinci

[wiggle1] 06/1/2015 09:26

Up to 19p or down to nothing tho...

[asturius101] 05/1/2015 21:46

This is going to do a TPET when un-suspended...