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Braemore Resources Uses Cutting Edge Technology (BRR)     

mitzy - 11 May 2009 09:14 - 739 of 810

Rising again.

halifax - 11 May 2009 17:09 - 740 of 810

significant buying just before the close,can we expect some good news?

mitzy - 12 May 2009 12:26 - 741 of 810

Not sure abiut any news but the sp is deternined to rise to 8p/10p.

mitzy - 12 May 2009 17:55 - 742 of 810

Up 15% so not a bad day some people reckon it will go higher in the course of time.

niceonecyril - 13 May 2009 03:57 - 743 of 810

Mitzy i believe they are expecting for the BEE agreement soon?
cyril

mitzy - 13 May 2009 08:18 - 744 of 810

I'm fully loaded up here Cyril and the way it rises everyday.

mitzy - 15 May 2009 09:50 - 745 of 810

Shake-out yesterday has bought the buyers back today.

halifax - 15 May 2009 16:10 - 746 of 810

Some serious buying going on?

2517GEORGE - 15 May 2009 17:02 - 747 of 810

Good today, recovered from yesterday looking forward to next week.
2517

Balerboy - 19 May 2009 09:45 - 748 of 810

Somemore good news..
RNS Number : 4829S
Braemore Resources PLC
19 May 2009
BRAEMORE RESOURCES PLC
('Braemore')
JUBILEE PLATINUM PLC
('Jubilee')
Braemore Resources and Jubilee Platinum announce production and smelting agreement
Braemore (AIM: BRR / JSE BRE) and Jubilee (AIM: JLP / JSE: JBL) are pleased to announce that they have entered into a binding Heads of Agreement ('the Agreement'). Braemore will provide smelting and refining facilities as part of its commercialisation strategy to process platinum group element ('PGE') concentrates, the source of which Jubilee has the rights to recover.

Highlights

Braemore's ConRoast technology will be applied to Jubilee's PGE concentrate from tailings
ConRoast technology will add significantly more value to Jubilee's PGE concentrate than conventional current PGE smelting and refining practice
Exploiting synergies between Jubilee's PGE production and Braemore's refining technology will provide the critical mass necessary to commercialise the venture
A special purpose trading vehicle will be formed to execute this binding agreement
This Agreement provides a vehicle for Braemore and Jubilee to exploit the synergies between these two junior platinum companies and further demonstrates the commercial viability of the Braemore offering. The value of PGE concentrates from tailings will be enhanced by ensuring exposure to downstream beneficiation and upside value. The management of Braemore and Jubilee believe that this technology will provide considerable enhancement to overall the smelting and refining of PGE concentrates as opposed to the conventional route.

Leon Coetzer, CEO of Braemore, said: 'This is a new dawn in Braemore's evolution. We are no longer a technology or development company, the acceleration of ConRoast's commercialisation is now well underway.'

Colin Bird, CEO of Jubilee, commented: 'This agreement is a key step in ensuring we maximise returns across the mining process for Jubilee shareholders and we see the Jubilee-Braemore alliance as an important step for our short term production mission.'

Balerboy - 19 May 2009 09:50 - 749 of 810

Braemore Resources Plc
('Braemore' or 'the Company')
Operational Update

Braemore Resources (AIM: BRR; JSE: BRE), together with its technology partner Mintek, has achieved the stated research and development programme objective of developing a proven, industry-leading technology for the smelting of high chrome Platinum Group Metals ('PGM') concentrates. Braemore is now at the point in its business strategy, which will allow the company to transform from a technology development company into a commercially viable entity on the back of its technology.

The conclusion of the research into the PGM refining process, to complement the ConRoast smelting process, will enhance the commercial strength of the smelting process and is the final stage required to complete the research and development phase of the company.

The company has also undertaken to restructure the demonstration smelting facility in response to current metal prices and a strengthening South African Rand ('Rand'.). The company has experienced working cost increases in US Dollar ('Dollar') terms of some 12.5% within an eight week period whilst Dollar metal prices have remained static. This has put significant pressure on the company's working capital as it accelerated the conclusion of its research and development programme. The restructuring of the demonstration facility is targeted towards significant reductions in operating costs and reviewing the process units to better align with the proposed refining process. The process restructuring will be undertaken as swiftly as possible to minimise interruption to production at the demonstration unit. The refining process, once implemented, will increase the margins of the process to ensure strong commercial viability even at times of a strong Rand and low metal prices.

The company has entered into discussions with various parties to support the financing of the commercialisation strategy both for the development capital to build a next stage ConRoast facility with refining capability as well as addressing the Company's short term working capital needs. In addition the company is well advanced in forming joint ventures with existing and near-term producers of PGMs to secure feed material for a fully commercial smelting and refining facility.

Leon Coetzer, Chief Executive Officer, stated that Braemore is fulfilling its potential. 'We have steadily met our targets and we are poised for expansion. Funding the commercialisation of ConRoast and refining process is key, and we believe that the success of the development work done to date with the demonstration smelter showcases our ability to address the financing, smelting and refining challenges within the platinum industry.'

2517GEORGE - 19 May 2009 10:17 - 750 of 810

Do I detect some dilution ahead?
2517

HARRYCAT - 19 May 2009 10:30 - 751 of 810

Yes you do. Well spotted. Soon time to lock in some profit ready for the dip?

mitzy - 22 May 2009 13:38 - 752 of 810

Moving back up again.

halifax - 22 May 2009 13:41 - 753 of 810

mitzy where to this time.....10p?

mitzy - 22 May 2009 21:47 - 754 of 810

Difficult to say I hope it can recover.

mitzy - 29 May 2009 10:18 - 755 of 810

Slowly moving back up now.

cynic - 02 Jun 2009 10:36 - 756 of 810

sold all mine now for a minuscule profit and glad to be out

HARRYCAT - 02 Jun 2009 11:29 - 757 of 810

Any particular reason?
Smelting of high chrome Platinum on course, though not yet developed & chart DMA's all rising. Fund raising looks likely at some time soon, but with demand for platinum set to increase once the atuo makers are up & running again, BRR looks a reasonably good & cheap play.

cynic - 02 Jun 2009 11:40 - 758 of 810

can't get that excited about this stock ...... it isn't and hasn't really performed and is prob just moving up in line with other commodity related stocks rather than for any specific reason.

therefore see no compelling reason to tie up funds here ...... any more than i would in RKH or FOGL and similar
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