BMR Mining Share Discussion Threads

[upsondowns] 20/10/2016 16:05

There's a pretty W shape

[qsmeily456] 20/10/2016 16:02

Any chartist worked it out yet LOLsss

[fireball xl5] 20/10/2016 14:28

I believe we are all aware of that. I look at my holding and value and well, let us just say, the reaction is a well versed "Rodney you PLONKER".

We appear at last to be making inroads into a Cash Converter but we have some very steep hills to climb. It is definitely not insurmountable and may well exceed that 80p by some margin when all is on stream.

[wiggle1] 20/10/2016 13:39

Lest we forget...5 years ago this was 80p in todays money....

[wiggle1] 20/10/2016 12:50

Smelly, yup we are all getting excited over a raise from 0.4 to 0.7p in reality...when original stake is averaged at 3p, still a long way to go my friend !!

[qsmeily456] 20/10/2016 10:10

Balls

Tell those idiots on the LEE 9p is just 0.9p in the original basket case MA run pension pot LOLsss

[wiggle1] 20/10/2016 08:32

Tuff, careful what you wish for, it is trying to decide if it want to test 7 or drop to 4.....

[brad44] 19/10/2016 07:43

only pleasant ones though!

[fireball xl5] 18/10/2016 22:09

I like surprises ;)

[qsmeily456] 18/10/2016 21:25

Finals

New PM

* Zinc

ZEMA

Plant update

Surprises LOLsss

[qsmeily456] 17/10/2016 07:26

Have a brilliant BMR free relaxing rest my friend Stav baby LOLsss

[fireball xl5] 17/10/2016 06:51

Enjoy the Karma Stav. I suppose if all else fails you can join J99 for some extreme bar sports. While your there put in a few good words for the rust proofing of cars, every little helps.

[99jeremiah] 17/10/2016 06:29

If you don't find what you're looking for, I can meet you at the bar for another kind of spirit healing here in Goa! Hic!

[stav5001] 16/10/2016 22:02

QS

The're cheap today.....The Guv'nurs away!

FB

PIGGIE? My piggy bank broke, the last time around we all ended up as frazzled bacon.

POSITIVE WAVES. We are still in the game. Onward and upwards!


I will let you Guys hold the BMR fort, I am soon off to India for a month for some spiritual guidance and healing!

[qsmeily456] 15/10/2016 12:00

Let's see you turn up at the next presentation to shake his hand LOLsss

[fireball xl5] 15/10/2016 09:34

I'm inclined to agree QS. It's now the shed looks a little more like a piggy bank. Just keep putting the coppers in, as the piggy bank, is going to bring in the bacon! It hedges against Sterlings decline, follows the commodity cycle and that's looking like a Harley Chopper. Route to market, financed, management team delivering and looks like a sustainable plan in a relatively stable duristiction. 7 to 25 and where? That pigs going to be a porker, a proper porker not like the last one who had a penchant for pork pies. Mr Ham Hocks with all of the offal, credited with turning a silk purse into a sows ear. He was a right runt. Let's hope he gets a waft of the sizzling bacon and sees us enjoying the crackling. Done well, our Alex has.

[qsmeily456] 15/10/2016 07:44

All these idiots moaning about the SP

Yes it's 0.7p and was 2.8p when MA was struggling to bulsh.....you anymore..... this is brilliant news you can buy 25p for 7p LOLsss and the rise will come and then you'll be moaning.....wish I'd bought more at 7p PMSL.. it's still not even a penny old money LOLsss

[fireball xl5] 14/10/2016 06:55

A little more meat for the faithful.

[qsmeily456] 08/10/2016 17:52

NOT MY WORK this guys good!!!

DONT ASSUME 24/7

Assuming minimum 5tph 24/7
3,360t a month minimum processed at a cost of $504,000 ($150 a tonne)

Using today's market prices and initially producing only
Zinc Heptahydrate minimum 500t
$675,000 revenue ($1350 a tonne)
Lead Sponge minimum 300t
$615,000 revenue ($2050 a tonne)

Monthly revenue initially $1,290,000
Monthly Processing Cost
$504,000
Monthly Profit
$786,000
Annual Profit
$9,432,000

If the above is true then we have initially

$9,432,000 / Shares in Issue 173,831,728 = EPS 5.4c

5.4c x Exc Rate 0.8 = EPS 4.34p

Multiply by PE Ratio of 6 (Just for QS) = Share Price 26p

Not sure what PE ratio we can expect exactly, CAML are at 14 but pay dividends by the sound of it.

In year 1 we need to pay back the loan facility, but in year 2 we should see Zinc Cathode come on board which will add another $705,000 a month at today's prices - processing costs will likely move up as we'll be doing more volume however as JH says most likely a reduction per tonne from $150 a tonne.

NB

$1,290,000 / 3360t = $383.9 revenue per tonne processed

Company states expected initial revenues of $750,000 a month which would give $223.2 revenue per tonne processed.

[qsmeily456] 08/10/2016 16:03

Thanks 99 for applying some scrutiny. LOLsss

[99jeremiah] 08/10/2016 07:22

From the presentation video -

AB speaking about pollution at Kabwe "...and the World Bank is focusing on that, where we have a link as well" (c. 6:00mins in)

So we are apparently liaising with the WB...

A couple of points from the WHI broker's note :-

They settled on a price of $4/tonne for the WKS, the price of which has been a minor point of debate on the boards ever since the sale of the WKS was mooted. (perhaps they could use some of that income for land remediation and goodwill gestures like gardens and football pitches/sports facilities etc for the locals?)

WHI's target of 17p is calculated at $1.35-$1.40/£ and we are currently around $1.23 so perhaps that should now equate to c.19p?

Our propriety method of extracting metals may not translate well to other similar global deposits as those tend to be within carbonate rock, which will require uneconomical quantities of Sulphuric acid. So it's unlikely there will be much revenue generated following the patenting of our method, is how I read that.

[qsmeily456] 07/10/2016 20:46

WHI 17p PMSL

[ljchandler] 07/10/2016 15:45

hxxp://whireland.eu.bdvision.ipreo.com/NSightWeb_v2.00/Downloads/Files/c3aca16d-c4de-4032-a86a-1346553a1f2c.pdf?tics=636114426383329426