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BRAMLIN - currently just a shell, but .... (BML)     

cynic - 10 Apr 2007 12:24

Company joined AIM 18/01/07 ...... below is an extract from their web site www.bramlin.com

"Has been established for the purpose of making investments and/or acquisitions in the energy, mineral or mining sectors, which may include projects in the hydrocarbons, base metals and minerals sectors ......... The Company will initially focus on opportunities in South America, Africa, Indonesia and Southeast Asia where the Directors believe that a number of opportunities exist to acquire interests in suitable projects."

cynic - 10 Apr 2007 12:27 - 2 of 18

sp is currently 15/20p which is a dire spread ...... however, i have pretty good reason to believe that BML will not remain a shell for long so, for those who like these spivvy little companies and fancy getting in at the bottom (one hopes), this may have appeal.

as i am always open about these things, i have just put some cash in here.

robertalexander - 10 Apr 2007 20:57 - 3 of 18

Cynic,
As you are one of the more reputable chaps on these bulletin boards i will put in the watch closely list . i dont have any spare money atm.
Alex

cynic - 11 Apr 2007 07:45 - 4 of 18

thank you .... and yes it will be an interesting one to watch in two respects ..... firstly, what will be the immediate reaction to sp when (if!) the first deal is done, and what will happen thereafter

Billybob - 11 Apr 2007 18:29 - 5 of 18

Cynic

what makes this one any different from the many other cash shells out there ?

cynic - 11 Apr 2007 22:10 - 6 of 18

can only post as i have ..... suffice it to say that i have put some money there, which by no means means that anything good will come about

Madelin - 19 May 2007 14:59 - 7 of 18

Cynic , I dont know a great deal about this sort of company. Would you know what this sort of enterprise usually tries to do ?

cynic - 19 May 2007 16:25 - 8 of 18

basically a cash shell MUST make an acquisition and start trading within, I think, 18 months .... failure to do so leads to de-listing ..... BML's focus is at the top

Madelin - 20 May 2007 06:55 - 9 of 18

Cynic , thanks , I watched with some amusment the SJA (St James Energy) saga in another place. It was something similar in the energy field I think. Unfortunatly they chose a venture in flat speakers rather than energy which confused the ever patient shareholders. Its now called ITI. I suppose that it depends on the abilities of the directors. Do you know of other ventures that these directors (+major shareholders) have had a good result in ?

cynic - 20 May 2007 07:10 - 10 of 18

'fraid not .... i put some money in this one on the recommendation of a very good pal of mine who generally knows what he is talking about with regard to investment matters

cynic - 31 Jul 2007 13:21 - 11 of 18

you all know what i think about mini-minnow companies, but this is one that ibrought to your attention a few months back, as well as PRX which has now come up trumps after about 6 months snooze (see thread)

...... so will this even diddier-minnow finally bring home the bacon (more likely hard commods actually) in the next few months

cynic - 12 Dec 2007 13:15 - 12 of 18

sorry it's been such a long time happening one and all, but sp up 50+% since i first brought this to everyone's attention back in April

steveo - 12 Dec 2007 13:26 - 13 of 18

Well done cynic, thought you must be on holiday as tsrnagely (or strangely even) absent from ftse thread

cynic - 12 Dec 2007 13:47 - 14 of 18

have been and still am in dubai on biz ..... flying back tomorrow afternoon

cynic - 12 Dec 2007 13:47 - 15 of 18

.

cynic - 12 Dec 2007 13:47 - 16 of 18

.

cynic - 12 Dec 2007 13:47 - 17 of 18

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HARRYCAT - 12 Dec 2007 15:16 - 18 of 18

RNS issued 22/11/07
LONDON (Thomson Financial) -" Bramlin Ltd said it has conditionally agreed to buy Rodeo Development Ltd (RDL), in a reverse takeover, for a total of about 118.14 mln shares plus 631,000 usd via cash and a loan note.

Bramlin added that it is not appropriate to raise additional funds at this time as the enlarged group has enough working capital to meet its developmental obligations.

It also said it will not be in a position to declare a dividend in the short to medium term.

Vendors of RDL are Rachael S Grynberg, Stephen M Grynberg, Miriam Z Grynberg, Rodeo Resources LP, Victoria Oil and Gas PLC, Jim Ford, William Kelleher and Kevin Foo. Foo is non-executive chairman of Bramlin.

Bramlin added that RDL has farmed into 60 pct of the Concession relating to the Logbaba Gas Field in Cameroon, and proved plus probable net reserves attributed to RDL through this holding are 65.87 bln cubic feet which will earn RDL 192.06 mln usd before taxes."

Followed by news 10/12/07
"Application has been made to the London Stock Exchange for admission of the
Enlarged Issued Share Capital to trading on AIM. It is expected that Admission
will become effective and that dealings will commence in the Enlarged Issued
Share Capital on 11 December 2007.

Following the issue of these shares, the Company's issued share capital will
consist of 132,853,976 ordinary shares of 1p each, with voting rights. The
Company does not hold any Ordinary Shares in Treasury."
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