Any holders out there - there's some buying going on.....

Oh no, that's torn it cp. Marni's not a chap. You don't know what you have started!!! ;o)

have you done your research..... HARRYCAT. lol

Yeah, she fell out with cynic on another thread!

That puts a different slant on things!
Relationships have developed from precisely these situations.

Wonder where pth now? Maybe he still dreaming of green shoots.....like Gordon Brown.

What is there to wonder about dipstick? Actually, I'm enjoying a few days golfing holiday, so not entirely bothered about shocks and scares. Lets not forget my prediction was that the SP would exceed 45-50p, which having done so proved me entirely correct. Despite the fall which has assisted yr so called short (I doubt you did cos you're full of shit) I remain correct. Have a nice day xx

"JOINT ANNOUNCEMENT OF A FIRM INTENTION BY JUBILEE TO MAKE AN OFFER TO ACQUIRE THE ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF BRAEMORE AND WITHDRAWAL OF BRAEMORE CAUTIONARY ANNOUNCEMENT

Further to the Braemore and Jubilee cautionary announcements on 16 June 2009 and 29 June 2009 respectively, Jubilee wishes to announce its firm intention to make an offer to acquire the entire issued and to be issued share capital of Braemore (the 'Offer') (the 'Offer Shares')."

Business Financial Newswire
"Jubilee Platinum is to make an agreed takeover offer to Braemore Resources which involves the issue of 1 new Jubilee share for every 15.818 Braemore shares.

The offer consideration is at a discount to the current market price but in addition Jubilee has undertaken to fund the operating costs of Braemore whilst the Scheme is being implemented (up to a cumulative maximum of R7 million on a drawdown basis) and to settle some of Braemore's current liabilities (up to a cumulative maximum of R25 million on a drawdown basis).

Furthermore, Jubilee recognises that Braemore also has an outstanding commitment of approximately R18 million payable to Mintek by 30 September 2009, which amount will be paid by Jubilee on behalf of Braemore, subject to fund raising of not less than ZAR 50m.

These amounts will be repayable by Braemore if the Offer does not proceed. A 1% compensation fee will be payable by Braemore to Jubilee if the Offer does not proceed for reasons relating to Braemore. Similarly, a 1% compensation fee will be payable by Jubilee to Braemore if the Offer does not proceed for reasons relating to Jubilee.

As part of the Scheme, the existing 305m Braemore performance shares of 0.1p each will be cancelled at zero consideration if the Scheme becomes effective. "

Anybody out there with further info or opinion on the Braemore offer?

Good move by JLP.

Do you know Hyleo98 : sometimes I don't think that you are one of us !.

I'm only making some profit like u or any other people. 40p now

Are you still shorting this ?...very brave !....or reckless !.

Yes, I am...from 58p. I am more confident now that JLP has acquired Braemore which is not a desirable move... I feel. I think more weakness prevail.
Are you in it, rf?

Hyleo - you did miraculously well to short at 58 ..... i would guess that was the intraday peak on friday, which you have managed to pick out yet again - uncanny really ..... i expect to hear of you buying a mega-yacht in the very near future

Of course, if the offer is rejected, which seems unlikely, the BRR & JLP sp's will shoot up, which would be ideal for the shareholders. Shorters beware!

Thanks, cynic. But I think I still got a long way to go before owning a yacht.

Harry, I don't think it will shoot up even if the offer falls through, as initially people were speculating that JLP will be a takeover bid. It will fall even further if the offer gets rejected.

presonally i would neither buy nor short either stock ..... markets far too thin

Well, it works out for me.

I'm still in...think this has a good future....!.