niceonecyril
- 25 May 2007 03:48
niceonecyril
- 25 Mar 2008 08:11
- 559 of 810
Nice tick up this am,news promised this week so maybe worth a punt?
cyril
canada1
- 25 Mar 2008 09:28
- 560 of 810
I've moved into In Cup Plus, Uranium Resources and Neutrahealth.
niceonecyril
- 31 Mar 2008 11:25
- 561 of 810
Toya
- 31 Mar 2008 11:47
- 562 of 810
Braemore Resources H1 loss widens on increased administration expenses
AFX
LONDON (Thomson Financial) - Braemore Resources PLC reported a wider first half pretax loss on higher administration expenses, saying the activity in the company has changed from being development to operating.For the half year ended Dec. 31, its pretax loss was 1.02 million pounds, compared with a loss of 543,000 pounds a year earlier, as administration expenses increased to 1.2 million pounds from 362,000 pounds.Net assets increased by 1.6 million pounds to 43.0 million pounds reflecting the increased investments in the development of the projects in Australia and South Africa which are near completion, the company said.
mitzy
- 01 Apr 2008 09:52
- 563 of 810
disappointed with recent performance charts looking nasty could fall to 5/7p glad I'm out for the time being.. any thoughts..?
halifax
- 01 Apr 2008 11:12
- 564 of 810
Having read their latest accounts they seem to be on track having produced 6000+ozs of PGM during the past quarter which appears to be valued on a cost of production basis at 4.3million although this has not been shown as turnover but as inventory.
They expect PGM production to ramp up over the next 18 months (power supplies permitting) and nickel production to start as well.All things considered shareholders should be content and there should be some newsflow over the short term.
Toya
- 01 Apr 2008 11:18
- 565 of 810
I hadn't thought the sp would fall quite this low - a far cry from those heady days earlier this year. Still looking for the right time to get back in.
notlob
- 01 Apr 2008 11:22
- 566 of 810
I guess they need to raise a fair bit of cash for the smelter, and more (at a latter date?) for the nickel recovery plant.
Not a great time to raise cash,you would have thought they would have done it when the sp was over 20p?
I like the look of these, but it might be better to wait till any fund-raising is done with, even if you have to pay more.'
Looking at the chart, you would half think the fund raising exercise is already underway!
teddybear5
- 01 Apr 2008 13:24
- 567 of 810
2010 and beyond imo willing to hold untill then nothing has changed with (brr) we all new it was long term so why worry about the sp unless you were hoping to make a quick profit current sp a good chance to top up imo.
good luck to all holders.
halifax
- 01 Apr 2008 13:29
- 568 of 810
Agree however once the market realise BRR is now a PGM producer would expect to see the sp rise if platinum price holds up or goes higher.
mitzy
- 04 Apr 2008 09:02
- 569 of 810
Where is the next support 10p is gone
stockdog
- 04 Apr 2008 10:21
- 570 of 810
support established at 9p since mid-March. Let's hope it holds. RHPS still recommending buy at these prices fwiw. Agree with teddybear, long term this current depressed sp will seem a distant and irrelevant blip.
mitzy
- 11 Apr 2008 15:06
- 571 of 810
Its fallen to 9p today still cannot believe its quite this low.
halifax
- 11 Apr 2008 15:27
- 572 of 810
No sign of a base forming yet, most deals shown as buys are sells MMs working this one down maybe some news coming then they will move back in.
mitzy
- 11 Apr 2008 15:39
- 573 of 810
I will buy when they fall another penny and then see what happens.
halifax
- 11 Apr 2008 16:33
- 574 of 810
First quarter PGM production should be known by now.
stockdog
- 11 Apr 2008 16:33
- 575 of 810
Still holding just above 9p at w/e close gives hope that this is a floor for now, but some good news would be most welcome.
mitzy
- 11 Apr 2008 21:16
- 576 of 810
Still trying to find its own level some big selling today.
mitzy
- 14 Apr 2008 15:50
- 577 of 810
Moving on up strongly.
micky468
- 17 Apr 2008 16:55
- 578 of 810
Braemore Resources PLC
17 April 2008
17 April 2008
AIM:BRR
Braemore Resources Plc
('Braemore' or 'the Company')
Board Changes
The Board of Braemore today announces that Hamish Bohannan has resigned from the
Company with immediate effect.
Mr. Bohannan was appointed Managing Director and Chief Executive Officer of the
Company in November 2006. The settlement terms of the resignation included the
cancellation of the 10,000,000 options granted to him to buy ordinary shares in
the Company.
The Board has appointed David Russell and Clayton Dodd as acting Interim Joint
Chief Executive Officers. Clayton Dodd is currently an Executive Director of the
Company, however David Russell will not be appointed to the Board during this
interim appointment.
David Russell worked alongside Mr. Bohannan from 2006-2007 as an Executive
Director of Braemore's subsidiary Independence Platinum Limited, and currently
works as a consultant to Atomaer Holdings, a shareholder in Braemore. He is a
geologist and investment analyst with over 25 years experience in the resource
finance and mineral resources industries specializing in platinum group metals,
nickel and gold. He is also a Member of the Australasian Institute of Mining and
Metallurgy, a Senior Affiliate of the Securities Institute of Australia and a
member of the Geological Society of South Africa
David Humann, Chairman of Braemore, commented: 'The Board would like to thank
Hamish for the significant contribution he has made to developing the platinum
and nickel business over his 15 months with Braemore.
The Company are fortunate to have David Russell and Clayton Dodd step into the
role of acting Joint Chief Executive Officers to continue progress on the
development of our platinum and nickel projects for the time being, whilst we
search for a new Chief Executive Officer. This process is well advanced and a
further announcement will be made in due course.'
For further information, please contact:
Braemore Resources Plc
David Humann
Chairman
Tel (Office): +61 8 9218 8833
Tel (Mobile): +61 412 469 193
Investec Bank (UK) Limited
Gerard Kisbey-Green
Tel: +44 20 7597 5167
Parkgreen Communications
Justine Howarth / Erica Nelson
Tel +44 20 7851 7480