BMR Mining Share Discussion Threads

[kryptonsnake] 17/11/2016 16:08

Great observation Fireball. Would be amazing if you are right. They might even discuss production figures tonight then RNS it at 7am tomorrow!

[fireball xl5] 17/11/2016 14:38

Well two stonking RNS's if one reads between the lines. First RNS talks about production which is 2 - 3 months behind schedule if we hit mid 2017. The timelines for production are included. First WPT which is as was. Second WPT/Star from 2018-2020 more than doubling Zinc output. I reckon about 40k tonnes per annum year 2 and 3 based on the timelines in the RNS. Then by 2020 if I'm reading this right we are off the WPT and onto LPT/ISF/Star. That indicates that we will produce about 16k tonnes Zinc 1st year and 13.5 Lead. Followed by 2 years of 40k Zinc based on a 17% grade from Star and 13.5k Lead. Exhausting the WPT supply by mid 2020. It also means we have to question the thruput. Based on 3 years supply of WPT we will have to feed the plant with 190k tonnes of dry tonnage from the WPT per annum. That equates to just over 20 tonnes per hour on a 24/7 basis. So question for tonight, have we gone from 5 tonnes an hour, to 10 tonnes indicated in recent RNS's to over 20 tonnes per hour. This would yield about 30k of Zinc Lead in year one and that is without ant credits for the Vanadium or other metals. If we conservatively say around $2200 a tonne for Zinc and Lead that equates to $66m year 1 and at $150 per tonne cost $28.5m dollars would result in a GP of $37.5m. Maybe I'm way off in my assumptions for thruput but based on the RNS it would have to be at that level to exhaust the WPT by 2020. Then we get the Star Zinc prospect on the cusp of completion to put a wonderful story of a clean Kabwe and large tonnages of Zinc production into place. Please correct me if I am wrong. If not this is a long term Cash Generator.

[kryptonsnake] 17/11/2016 12:07

At least we have two updates. Will any juicy news be leaked at the presentation tonight?

[kryptonsnake] 17/11/2016 12:05

Timber? Sorry we only deal with metals here lol

[banking_losses] 17/11/2016 11:28

TIMBER LOLsss

[26 dollars in my hand] 17/11/2016 11:26

Thanks Krypton. You might imagine that a listed company that has an option expiring might feel obliged to tell the market whether it has expired or been extended.
Maybe they just feel that investors are best kept in dark!

[kryptonsnake] 16/11/2016 16:54

$26, we all want answers to those questions. We might find out this week if they release an RNS.

[26 dollars in my hand] 16/11/2016 09:56

Anyone know whether the Star Zinc option (expiring today) has been extended??
And has any of the ACI loan been drawn yet? Have the necessary milestones been completed for drawdown??

[kryptonsnake] 15/11/2016 07:47

Hopefully he's still got a few tricks up his sleeves

[qsmeily456] 15/11/2016 06:21

Quite.

Well now what's AB going to do now his blockbuster isn't going to deliver the warrants money he needs LOLsss

[kryptonsnake] 14/11/2016 21:06

Perhaps it's mostly those with high averages that have the most gripe.

But still, if you don't trust the man that's running the show then why remain invested!

[qsmeily456] 14/11/2016 19:55

Exactly. They were complaining about LB. Now they too can almost buy at the same price. Have they got the balls to invest £210k at this price relative to their own wealth.

AB just cannot win. He said what he was going to do RNS'ed he's then done it with little dilution and yet most are now questioning the very man they were praising when it was 8p PMSL

[kryptonsnake] 14/11/2016 17:25

Agreed Qsmelly. Some on there are making AB sound like the enemy. They'll soon be praising him when the share price eventually rockets!

[qsmeily456] 14/11/2016 17:21

So far AB has done exactly what he said on the Tin.

If you don't like the leader you get out and go somewhere else or you get the leader out.

MA shafted the lot of you and you were blind to it.


I wanted MA gone years before he took you for mugs.

Whereas I think AB is good and I'm impressed. The muppets on that LSE site need to go back to school college university for an education then they might appreciate good leadership and strategy LOLsss

[wiggle1] 14/11/2016 09:52

Ballsy, only a hit if I sold now!! so after a nice weekend away, good to see a glimmer of hope....

[qsmeily456] 14/11/2016 08:14

Basically AB has lent his mate some of LB and your money PMSL

[qsmeily456] 11/11/2016 17:14

Hahaha my pockets deep arms short LOLsss

[kryptonsnake] 11/11/2016 17:01

I thought all those large trades were your buys Qsmelly lol

[qsmeily456] 11/11/2016 13:27

So the recent large trades are related to another transaction....more money LOLsss

[fireball xl5] 10/11/2016 15:33

Wiggle, did you take the hit? I had a long period of concussion, then:

I get knocked down, but I get up again
You're never gonna keep me down
I get knocked down, but I get up again
You're never gonna keep me down
I get knocked down, but I get up again
You're never gonna keep me down
I get knocked down, but I get up again
You're never gonna keep me down

So still in the game:

He drinks a Whiskey drink, he drinks a Vodka drink
He drinks a Lager drink, he drinks a Cider drink
He sings the songs that remind him of the good times
He sings the songs that remind him of the better times

[wiggle1] 10/11/2016 12:42

Snakebite, it was a poke at what seems to happen each time we get some good news....the price drops !
Smellywelly, have to remain hopeful else I'd be crying in my beer after the hit I've taken from this :-(

[kryptonsnake] 10/11/2016 11:29

Lol I will let the wiggly worm off the hook this time. Keep putting them orders in, you might get filled if it dips.

[qsmeily456] 10/11/2016 10:22

Because Jiggle is a dreaming hopeful. Have to pay more to get filled. Not amusing LOLsss

[kryptonsnake] 10/11/2016 09:30

I commented because you said wait and top up at 4p. If you say extraction would be cheaper how would the share price be 4p?

[wiggle1] 10/11/2016 09:03

Snakey, you missed the point, it should be cheaper to extract all of the money if they take Trumps approach to pollution control duh !