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.fsponline-recommends.co.uk/page.aspx?u=rhpsl1007&tc=ERHPCB02&PresentationsID=21147065172&
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http://www.resourceinvestor.com/pebble.asp?relid=38513
http://www.proactiveinvestors.co.uk/articles/art.php?BRR2
cyril

Came across this snippet yesterday which backs up David R's view:

Diversified miner Xstrata (XTA) said it is temporarily suspending operations at its Falcondo ferronickel mining operation in the Dominican Republic as a result of current market conditions. "This is due to a combination of extremely high oil prices, which represent the majority of the site's costs, and lower nickel prices," it said. The shutdown is anticipated to last four months during which time furnace repairs and other maintenance will be conducted. "The suspension will also enable the acceleration of feasibility studies into the energy conversion project, to switch the operation's power source from oil to coal, and the development of the Loma Miranda project, which will provide a new higher-grade mining area for Falcondo and extend the mine life," added the group. Ian Pearce, CEO of Xstrata Nickel, commented: "The resumption of activities will be assessed based on market conditions, which are expected to improve towards the end of 2008."

Well i doubled my holdings yesterday getting in under 4.5p,hopefully this has bottomed out and we can now move forward.Their has been much achieved in the last 12 months and yet the SP was at its lowest, once the market settles down along with news flow, i feel the company will be rerated to a more realistic value
on its progress and potential?
aimho
cyril

Trying to break the 6p barrier, thats 1/3rd up from yesterdays low.
cyril

Hard to believe they were trading at 24p not long ago and now down to 5p...

Oh ..

hard to believe they are still trading at 5p ..... oh, they're not!

They could fall to..1p.

down 15% on the day.

This seemed such an exciting company at the time of their AGM! I can scarcely believe how far the sp has plummeted; just can't see what's going to resuscitate it now either. All that talk of a possible deal with BHP Billiton seems a distant dream. Very glad I've stayed out of this for the past few months - though that's not to say I haven't fallen prey to some other disasters!

I remember buying at 24p late last year and now sub 5p and its a shame because after sacking Hamish the company lost its way.. it really has become a penny share.

Lets see if it finds support at 3p.

agree with Toya as i was there too (didn't know that did you!).... got told a load of porkies that the company would be profitable within about 2 years ..... all i can say is that i am glad i bit the bullet when i did at around 12 from memory

Irrelevent what the company does or says as I have already said to Cyril.

I haven't looked at this before but love the honesty of post 628. All small company sp's are on the way down to 1-2p or even lower irrespective of prospects. Dreadfully frustrating to all involved but that I'm afraid is the market we are in. The thing about sp's though is that they can recover very quickly as the banks stand testiment over the past few weeks. This is purely about survival and nothing else. How many will go bust because of their sp and lack of funds, who knows? For the companies that survive and I suspect that will be most, then in 2 years time all this will be forgotten as the market manically pushes prices way beyond the value of a company. This is likely to be 1/share+ then as to being bust.

Tis is all about confidence in the company and holding your nerve.

RHPS still continues to rate these a buy up to 10p - if only!

Are BRR about to join the 90% fallers club ..

Braemore Resources Plc ('Braemore') is pleased to announce the successful installation of the new 3.2MW smelter at the Mintek facility in Johannesburg, South Africa. The new facility is capable of processing around 2,000 tonnes per month and producing PGMs in an iron-nickel alloy at an annualised rate of up to 70,000 ounces per year depending on feed grade.

The smelting facility will steadily increase production over the coming weeks to reach these targeted processing rates. Braemore accelerated the upgrading of the smelter from an initial shut-down period of eight weeks down to four weeks in order to meet the current levels of demand for smelting high-chrome concentrates.

Leon Coetzer, Chief Executive Officer of Braemore, said, 'We have completed this upgrade ahead of time and on budget, and are pleased to be delivering on our stated objectives. We have worked closely with Mintek to commercialise their technology and we look forward to providing an economically and technologically viable smelting solution to the PGM sector.'

Braemore's 10MW smelter development programme is on track, with the Definitive Feasibility Study completed as planned and currently under internal and peer review. The study has covered a range of feedstock options and the appropriate capital expenditure for the project will be finalised once the optimal smelter feed source is determined, anticipated to be in the 4Q 2008.
cyril

Maybe this is the bottom..

It's certainly the first glimmer of hope we've seen in a long time!

The bottom will come when this chart begins to rise:

Rising today but cant help thinking its a false rally..

sub 4p will it fall to 3p.