I would not want to be out of bmn right now!! great opportunity has presented itself to buy in low - would expect a multibag off these levels very quickly

http://www.bushveldminerals.com/upload/content/lemur_bid_fourth_supplementary_bidders_statement-10-10-13.pdf


http://www.bushveldminerals.com/upload/content/bushveld%20-%20replacement%20bidders%20statement%20-%20final.pdf ...

http://www.bushveldminerals.com/upload/content/edison%20investments_bmn_040413_outlook.pdf

http://www.bushveldminerals.com/upload/content/macquarie_research_obtalaresources180412.pdf

http://www.bushveldminerals.com/upload/content/2012_04_16_merchant_securities-first_view.pdf

22-Apr-13 Fox-Davies Capital Buy 10.75p 28.00p 28.00p Reiteration

10:00 3.50p 50,000,000 £1,750,000 Buy O
15:43 3.50p 10,000,000 £350,000 Buy O
10:28 3.75p 2,500,000 £93,750 Buy O
09:24 3.50p 2,500,000 £87,500 Buy O
10:04 3.50p 2,500,000 £87,500 Buy O

Plus from July

The Directors of Bushveld believe the Offer is a compelling proposition for Lemur Shareholders. The Offer provides the opportunity for Lemur Shareholders to participate in projects which it believes have a shorter timescale to production and with fewer complexities to overcome than the Imaloto Coal Project, and in commodity areas with exposure to global markets which it believes are currently more attractive than that for thermal coal.
Bushveld has been advised that certain Lemur Shareholders, who together hold approximately 40% of the issued capital of Lemur, intend to accept the Offer within five business days after commencement of the Offer Period in the absence of a superior proposal being publicly announced before the end of that five business day period. Bushveld already holds 5,150,000 Lemur Share or 2.68% of the issued share capital of Lemur. Certain Lemur Shares held by some of these shareholders, constituting 27.27% of the issued share capital of Lemur, are classed as restricted by the ASX, with their release being subject to customary conditions. To the extent these conditions are not able to satisfied by the end of the five business day period presently contemplated, the timing of these acceptances may be modified. Please refer to section 9.16 of this document for further information.

Thx Kev for your recent post with excellent links and details.

There is just so much more millage in this fantastic BMN story with far more still to come.
Share price 47p today.
Lots of irons still in the fire yet to be revealed.
£1 by Christmas- We shall see.
Watch this space:))