http://clients.westminster-digital.co.uk/minesite/microsite/events/50/video/index.aspx?companyId=50_1
=">http://www.proactiveinvestors.co.uk/pdf/brr.pdf
http://www.mineweb.com/mineweb/view/mineweb/en/page35?oid=39359&sn=Detail
www.braemoreresources.com
http://www.investegate.co.uk/Article.aspx?id=200711010702217873G



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http://www.resourceinvestor.com/pebble.asp?relid=38513
http://www.proactiveinvestors.co.uk/articles/art.php?BRR2
cyril

hi cynic/toya i will feel more confident if or when they sign the agreement with bhp because thats the biggie for me/

I like this paragraph:

"The company looks forward to a positive re-rating of the share price on
continuing positive results from the metallurgical testwork and pilot scale
processing of tailings as part of completing its feasibility study together with
the commencement of commercial production in South Africa."

... and this:

"The company's share price performance has been encouraging despite a relatively
low flow of announcements as the company was still at early phases in its major
projects. News flow should accelerate in the current year as we are expecting
some significant progress both in nickel in Australia and PGMs and nickel in
South Africa."

As I don't have an interest far too much for me to bother reading, will be interesting to see how the market reacts tomorrow. I wonder why they were released after the close and why for prelims they are so damn chunky? Perhaps to hide any bad news? No idea

Are they listed in Australia as well? Perhaps it's so the news is released while both markets are closed? - just a suggestion

this one looks encouraging seems the way its worded they already assume it done thing with bhp
With a positive outlook for demand for both nickel and PGMs, primarily driven by
underlying baseload demand in the West and emerging demand in China and India,
Braemore looks forward to unlocking the considerable potential of its projects
in both Australia and South Africa, and emerging as a significant producer of
these important metals.

This is the AFX write-up. Seems you may have a point PTH!

Braemore Resources FY pretax group loss widens; sees newsflow acceleration

LONDON (Thomson Financial) - Braemore Resources PLC posted a wider full year pretax loss, but said it expects acceleration in newsflow in the current year on significant progress both in nickel in Australia, and PGMs and nickel in South Africa.

The company said it is on track to complete the feasibility studies over the Leinster tailings by mid 2008.

The pretax loss for the year ended June 30 came in at 923,000 stg compared to 902,000 stg.

Braemore said it looks forward to positive re-rating of its share price on continuing positive results from the metallurgical testwork together with the start of the commercial production in South Africa.

The metallurgical testwork in Finland and Australia has moved to continuous laboratory scale and is currently being taken to pilot scale, it added.

Actually that's not a big widening of the loss, especially taking into account all the progress they've been making operationally?? - What do you reckon?

dont think the figures really count this time they will count in the next 2/3 years though lol

Teddybear: I thought the same when I read it.

Well, must go on kitchen duty now - will leave you guys to ponder!

You will find out tomorrow i guess, losses are rarely well accepted, usually greeted by a mark down, depends on how well the other stuff is received.

Looking at the trades page today, I can't see any reason for the mark down last thing, wonder if the MMs were in the know?

I wondered that, but if you look at the intraday chart the sp did recover late afternoon - so perhaps it perked up when they reckoned it would be OK? - as you say: we'll soon know... only a few hours to go!

even of the figures are deemed to be better than expected, do not hope for fireworks .... still a very long way to go

I don't need fireworks, though they would be fun of course.

Might treat myself to a trip to the Capital for the AGM - odd time of year for it, but a good time to catch up with friends.

what's your excuse for being up so early?
by The Capital, do you mean the one in Knightsbridge behind Harrods?
if so, fab place to dine, but serious money

Good morning Cynic: I just like to get up and get on... doesn't suit everybody I guess.
And yes: that's the one!

Looks like it's going to be a scrappy sort of day here - may as well go and find something else to do!

Its a dolly drifter type of week..

That's a lovely expression, Mitzy. I think Cynic's taken one look at the world today and headed back to bed!