BMR Mining Share Discussion Threads

[deme1] 05/4/2018 09:31

Re-instatement of Kabwe Mining Licence

BMR notes the announcement by Jubilee Metals Group PLC regarding the re-instatement of BMR's Small Scale Mining Licence 7081-HQ-SML. The licence has indeed been re-instated albeit with conditions attached. BMR is in the process of clarifying these conditions whereupon it will make a fuller announcement.




For a company saving RNS it seems a little doubtful?

Have JLP got more of the pie, or are they even going to take over kabwe all together?

[gersemi] 05/4/2018 09:26

Licence reinstatement confirmed

[juzzer100] 05/4/2018 07:59

AB is probably still on his Easter break in Megeve or somewhere!

[deme1] 05/4/2018 07:20

whats the matter, cant BMR afford to pay to put out such an important RNS

[kwizza] 05/4/2018 07:20

With conditions

"Conditions include that plant construction commence within 3 months of the reinstatement of the licence with commissioning commencing by 30 September 2018 and the first production due by 30 December 2018."

[kwizza] 05/4/2018 07:19

Licence is back as per Jubilee announcement this am

[fireplace22] 30/3/2018 09:56

The next chancellor of Germany and an end to Greek like bailouts.

[fireball xl5] 29/3/2018 22:18

A little more democratic than our first past the post.

[fireplace22] 29/3/2018 15:17

If the case for a federal Europe was pushed more vocally, the EU sceptic vote would increase dramatically in the UK, possibly another reason why it isn't making more headlines. There is nothing long term for the UK to gain by being in the EU. Yes with the EU we don't need politicians as it is a massive non-democratic bureaucracy.

[fireball xl5] 29/3/2018 15:12

The EU is not allowing the extension of a transition period beyond 31/12/2020 which we were pushing for.

[fireball xl5] 29/3/2018 15:03

Well we beg to differ. Italy's biggest party is anti EU, but they have already stated that they are not stupid enough to push towards an exit strategy. A Federal Europe, there is a goal. Just think we could ditch our bungling politicians and enjoy an EU political and economic agenda, a panacea.

[fireplace22] 29/3/2018 14:09

Fireball no problem with trading ala EEC but we never asked for where we have found ourselves now.

[fireplace22] 29/3/2018 14:07

Europe's only hope of being saved is to become a federation that would never include the UK and we would still have to accept their legislation whilst having no say in its passing. The official opposition in Germany is anti EU. Italys biggest party is now anti EU. There are far more countries that export to the EU under wt rules than the UK does. It's the biggest con going and we need to be out. Why do you think the EU are pushing the transition period out - in the vain hope or retaining the UK. When the UK goes its a deck of cards and they know it.

[fireplace22] 29/3/2018 13:19

Both Germany and Italy now have powerful official opposition groups anti EU, more countries are creaking under debt mountains, best leave before the tinderbox catches fire, sooner rather than later. It's not just about losing a bit of advantageous trading.

[kryptonsnake] 29/3/2018 12:53

JLP won't be taking over anything, they had their chance to buy BMR but that ship has sailed.

[deme1] 29/3/2018 12:43

Jlp will eventually take over kabwe. So your not stuffed you will be bought out.

IF they don't get the license back then obviously you are stuffed. And jlp take a hit on what they have spent.

That is unless JLP are using these meetings with the zim's to their advantage by hinting they could take over the license

[kryptonsnake] 29/3/2018 12:25

How are we stuffed? They expect to get the licence back.

[wiggle1] 29/3/2018 09:04

What are you lot smokin' ?????? we are stuffed and we have all lost money because of these shysters !!

[fireball xl5] 29/3/2018 07:51

Nothing has changed then lol. Lots of positive spin and a rebuke for some, hope they have the ammunition to sustain the attack and win. They raised cash in the 2nd half.

[fireplace22] 29/3/2018 07:43

yes, but they have 'shareholders interested in investing more money' - sounds like another placing lined up should the licence be restored.

[kryptonsnake] 29/3/2018 07:35

Better start selling those Jubilee shares then. It's a shame they will fall even further as a result.

[sleveen] 29/3/2018 07:20

Detailed update of the Kabwe situation.

BMR in dire financial position.

[kryptonsnake] 22/3/2018 19:25

BMR wouldn't go bust in a hurry, they could keep the lights on for a very long time by selling Jubilee shares.