Yes many, many requests for information here on this up and coming small miner.
I’ve put in numerous calls followed up with emails and spoke to a few sources over the last few weeks requesting information and clarification on various issues ranging from takeover rumours right through to the recent placing.
BMR deal in the lucrative specialised reprocessing of waste tailings from washplant dumps/mines. There has been as you’d expect with a small miner many equity placings which has not had any adverse effect on the potential of the company indeed there’s a school of thought in the city that with institutions piling in to BMR (some with warrants at 9p) stock, there is a genuine belief that the company are a winner. After several telephone calls this week to the company I get the feeling that BMR are quietly confident that the much vaunted acquisition of tailings dumps at the Kabwe Mine is on track and should be announced some time late this week or early next. This should have a beneficial effect on the company giving them more resources to process ergo more money in their coffers!
The board of directors are extremely confident re’ their business model and the whispers coming out of the city are that a doubling of the sp could happen on more good news next week. A 15/20p target has been mooted in discussions I’ve had over the last week or so.
I think Berkley are a decent punt and will in all probability release good news very shortly which should see a rise in the sp given that there is huge retail and institutional interest in this cracking little outfit.
Only my opinion of course.
Good luck here.