independent directors were right bmn diluting., page-2

Hi,
Whilst I respect your opinion allow me to post my own. I believe BMN are looking only at short term capital, minor dilution really in the scheme of things to keep things ticking over.

If you take a look at the resources which BMN have waiting to be tapped and go live producing revenue over the coming year I believe you will see the short term dilution is insignificant. If anything this has been caused by LMRs remaining stubborn holders feeling they can hold out for a better offer perhaps?

The short term dilution will be offset when the remaining LMR holdings come home to us bringing the assets into the fold.

We (the royal we) look forward to working with you and your fabulous resources.

Respectfully, take a look at the following.

Origionally posted on III by a respected poster, MARS.
http://www.iii.co.uk/investment/detail?code=cotn:BMN.L&display=discussion&it=le

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Description

Bushveld Minings' shares have had a hard time in recent weeks. This share price weakness is an attractive entry point for new shareholders as the Company develops its promising Bushveld Iron Ore and Mokopane Tin projects. It is encouraging to read of the on-going discussions with strategic partners. The closure of the bid for Lemur at end of November will give Bushveld controlling shareholder of a Group with approximately A$16m to pursue new opportunities in a depressed sector that will invariably benefit shareholders of Bushveld given the host of opportunities available.

SPECULATIVE BUY - 30/10/13

Clinch link below for more
https://www.beaufortsecurities.com/shp/research.php?vid=162
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Best wishes,
GB