BMR Mining Share Discussion Threads

[red rook] 11/5/2017 14:19

I was a previous BMR investor and will buy in at some stage in the future when there is further progress made. I think there is still a long way to go and further dilution will occur before BMR is anywhere near production. I do think BMR has potential, and that for the most part AB has done a good job. However, the recent MTR debacle and the unnecessary Portugal deal has dented his credibility for me.

Also, regarding the financing arrangement with ACI.

I am weary, due to previous experience, that what CEO's of AIM listed companies state either in video conferences, or even in RNSs, do not always transpire in reality.
One example I can give is ALO, and their Matala Mine financing arrangement with their Chinese financiers. It was supposed to have been a done deal. All done bar crossing the t's and dotting the i's. It was supposed to have government backing at the highest level. It was supposed to be progressing well and expected to happen imminently, so PIs were told. However, after months of delayed promises it did not materialize. These things happen and may not be the fault of either party.

The situation with ACI may well be different, and the first tranche may well be made available, imminently. However, I do not like financing arrangements where funds are made available in 'dribs and drabs', especially when you have to have funds available to make the forwards purchasing decisions required to build a plant. It also gives the impression that ACI either does not trust the BMR board or that they themselves do not have the funds available to provide it up-front. This increases uncertainty as to whether the next tranche will also be delayed.

I think it would have been better if AB had done a placing for around £4m when the share price was above the 7p mark. He would have got flak from many shareholders but at least the funding would have been sorted. Although the share price would have fallen I suspect that it would have been higher than the current share price and would not have been held back by further uncertainties.

[qsmeily456] 11/5/2017 11:54

You can tell the BMR leaky insiders because now they haven't a clue what's going on......oh dear listening to your master LOLsss

[qsmeily456] 10/5/2017 22:48

They are all hiding.....the amount of bricks they are passing BMR could build the plant LOLsss

[qsmeily456] 10/5/2017 13:24

STATUS QUO....down down deeper and down LOLsss

[qsmeily456] 10/5/2017 13:22

Let's be clear Wrigler...ive always said the price will correct when the funding mess is sorted.....and I don't smoke pipe or otherwise LOLsss

[wiggle1] 10/5/2017 12:22

Snake-eyes, you have to be fair, the Smelly one called it.....now if it rockets when the funding appears, you can stick that in his pipe, but until then.......

[qsmeily456] 10/5/2017 09:24

Tick Tock Watch it drop LOLsss

[qsmeily456] 10/5/2017 09:21

Alex needs to adon his back up funding pants LOLsss

[wiggle1] 10/5/2017 09:11

My dad's bigger than your dad !

[qsmeily456] 09/5/2017 21:15

Sparky

Ask your mate what's left in the bank LOLsss

The cheques in the post another lie LOLsss

[kryptonsnake] 09/5/2017 19:44

QS, you're more of a troll than an investor. At least some on here can have a sensible conversation. You carry on with those mad ramblings, you're starting to sound like Madalikhani lol.

Don't tell me you started buying shares when we hit 9p and now you are stuck with them? lol!!

[qsmeily456] 09/5/2017 19:15

kryptonsnake31 Mar '17 - 09:27 - 28425 of 28690 0 0
QS, we were told Q3 that's why I said that. I am perfectly aware delays happen and I accept that.

We get that you were right about further delays, there's no need to keep rubbing it in. We know the risks of investments but a delay doesn't worry me

You are a complete novice Snake PMSL

And still the idiot's guessing and changing her tune LOLsss

[qsmeily456] 09/5/2017 19:12

Yes sorry id forgot you were here to lose money LOLsss

Buy high sell low is not the objective. Including spreads you could be several hundred shares better of for the rise that will come when the funding finally gets sorted LOLsss

kryptonsnake9 May '17 - 18:25 - 28737 of 28740 1 0

Speak for yourself about the share price but it will be much higher when we hit production, I've got plenty of time to wait.

[kryptonsnake] 09/5/2017 18:25

It would help if you could actually spell the word, pea brain!

Just because it's taken a long time to get the money, doesn't mean anything has gone wrong with the deal. Perhaps we had not achieved something on the list? You know the list where we have to hit certain milestones to enable us to drawdown the money?

Speak for yourself about the share price but it will be much higher when we hit production, I've got plenty of time to wait.

[kryptonsnake] 09/5/2017 17:59

When the money lands, it will prove that you were wrong stinky. If there are problems and things are having to be renegotiated like you keep saying, we won't be seeing the money for quite some time, if at all? Let's see who's right.

[qsmeily456] 09/5/2017 16:48

All in the bag done and dusted slithered said LOLsss

No point sparky....they haven't a clue LOLsss

[kryptonsnake] 09/5/2017 14:05

I think smelly is busy talking with ACI. Probably trying to renegotiate the terms of the finance facility for us lol.

[kryptonsnake] 09/5/2017 14:03

He couldn't have called today, the share price would have gone up by now! Haha

[markjwal] 09/5/2017 13:55

Not today QS, have you?

[qsmeily456] 09/5/2017 13:24

Hey Sparky have you phoned Alex....too funny LOLsss

[qsmeily456] 09/5/2017 10:11

Mid May is Monday LOLsss

Soooooooonnnnn PMSL

But hey there's nothing wrong LOLsss

[qsmeily456] 08/5/2017 18:16

900,000 as the first stage payment under the facility in early May 2017.

Early moving into mid LOLsss

[qsmeily456] 08/5/2017 12:43

Balls

Is imminent like soòoooooon LOLsss