BMR Mining Share Discussion Threads

[brynjon] 18/2/2015 09:46

Has anyone looked at the BMR Watch site for details of the recent meeting with AB?
hxxps://bmrwatch.shutterfly.com/discussion/1/184

[rk0] 10/2/2015 15:57

Thanks for the clarification

[fireplace22] 09/2/2015 15:09

They should hopefully be listed again before the end of the tax year - so you should be able to sell and claim a loss. You have to dispose of them or they have to become worthless to claim a CGT loss.

[rk0] 09/2/2015 15:02

Does anyone know if it's possible to write these shares off as a capital loss for CGT purposes - if you cant sell them whilst the dealing is suspended? This is my first share to be suspended.....it's new and unpleasant territory

[wiggle1] 09/2/2015 10:13

Bobs, let my know the next AIM share you go for, I'll avoid it !!!

[wiggle1] 06/2/2015 08:40

XL-ent, the worst thing is the inability to do anything, it was always a high risk share, could have done without all of the lies and fraudulent activities....but smarter people than us have been scammed before i guess...

[wiggle1] 06/2/2015 08:40

XL-ent, the worst thing is the inability to do anything, it was always a high risk share, could have done without all of the lies and fraudulent activities....but smarter people than us have been scammed before i guess...

[fireplace22] 03/2/2015 14:24

I read that he was still on the board of a number of other company's?

[wcj] 03/2/2015 14:22

We hope that MA makes a swift recovery from his Alzheimers, as so many directors do once court proceedings are dropped.

[wiggle1] 03/2/2015 08:25

Ballsy, whilst I admire your sense of forgiveness, it erks a little when I have lost so much. Of course he should be brought to justice and all of his assets siezed to pay back that which he has clearly stolen. The firm of accountants should also be prevented from performing this role again, as you say, they are our last line of defence to people like these.

[atino] 02/2/2015 15:06

[29/1/15, Quote] "Zambia and the DRC shake domestic copper producers"

As if the copper producers did not have enough to suffer the sharp fall in copper prices anyway, so these two African countries rely suck measures to raise additional capital from the mining industry. That copper has to suffer under a 5 ½-year low in prices cares not at all the government agencies obvious. The concupiscence of the suspected high profits of the mining industry seems as strong as ever.

Zambia
As of 1.1.2015, the government raised the royalties from 6% to 20%. This represents a more than tripling for open pit mines. In underground mines to be satisfied with a modest increase of 6% to 8%.

Zambia is one of the largest countries in the copper mining in Africa and the home of many large companies such as Glencore, Barrick Gold, First Quantum, Vendana and many others. Zambia lost last year's place as leader of copper to the Democratic Republic of Congo, which it has held since 1998. Glencore decided on the basis of this new rule his investment of over $ 800 million in the construction of a new copper production to put on ice. In addition, one is forced to work on the Sable Zinc Kabwe mine to reduce. First Quantum, which manages the largest mine in Zambia country with the Kansanshi copper mine reported that they. Investment of around $ 1.5 billion is not working. It is estimated that these measures approx. 12,000 jobs lost. Alone the giant Barrick Gold announced that would get a job by freezing the development of its Lumwana copper mine at the 4,000 workers.

In the years 1997-2013 12.4 billion were applied by foreign investors for mining activities to the USD. Of the 90,000 workers are employed in mining and provide their services to the government a r. 25 to 30% share in the total national budget. This all seems the new President-elect Edgar Lungu but not convincing.

(Watch the video attached *__^)

[fireball xl5] 02/2/2015 14:27

I do agree with taking Cameron and Associates to the cleaners if they were in any way shape or form complicit in the misreporting of the financial statements. There is little else for shareholders to rely upon in the way of independent assessments of a company.

[fireball xl5] 02/2/2015 14:20

My oh My. Well at least it is offered with a sense of the past is best forgotten, lets now get on and start processing the significant assets. Looks like an Autocratic regime with little control has made way for a structured organisation with belief in corporate governance.

[wiggle1] 02/2/2015 10:53

Yeah, have to chuckle at ABs comment "Notwithstanding the material issues that have required our full attention, I believe that we are in a fortunate position" what is he smoking ?!?

[bobby.ifa] 02/2/2015 08:53

That's how I read it.

[jaymar2] 02/2/2015 08:50

After the write downs, have we lost 90% of market cap.?