Come on Razor, address the point I'm putting to you. If you think that ZEMA isn't bothered about the cash situation to enable BMR to exist, just say so!
Razor, can you envisage a situation where ZEMA might demand to see cash reserves that will keep BMR going over a period of time such as 8months-2 yrs (excluding revenue generation predictions) before they approve?
KBC (re.producing), that was obviously one of his more lucid moments! I have heard both directly and indirectly the most far fetched claims by Masoud over the years...all gobbled up greedily by the ramping team.
Razor, do you fancy having a stab at answering my question posed in my 9.38 post?
The problem is KBC, is that the cheerleading gang are all impressed with the glossy looking EIS without wanting to recognise its limitations....nor do they understand the process through which ZEMA will ask for evidence, information, and clarification...which can be a very long process as you know.
KBC, are these the same ZEMA employees who have access to the BMR 1p share options???? 
It looks like the 2p bid is coming under pressure again...but who can afford to sell with these losses?
KBC, it's possible I suppose re. copper, but that it certainly not going to generate the cash needed. The transportation side of things is a little puzzling, but who knows what the dynamics are in terms of peripheral commercial relationships.
KBC, the 'go ahead' will be a long way off in my opinion, they are going to be asking for loads for information and plans (I would also be asking for some modelling evidence too). The cash situation is going to be a very difficult one for BMR to resolve, as I believe that most accept that the funding crisis can only be resolved once the full approval is signed off (despite us being told “MA has stated to me that there are many options of funding and when you have big assests everyone will want to lend you money†). So if they have to have the money in the bank (maybe 2 years production cash?) before approval, where is it going to come from?
KBC, agreed 100%. It was the smallest section I've ever seen on Mining Experience ...apparently dependent on Ascot (who now have a less than certain relationship with MA)...do they think that ZEMA will be impressed with this experience when it comes to such a politically and technically challenging programme of work?