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Bluebird Placing at 0.15p – can the FCA please explain why CEO Sath did not cost folks 90% by welching on commitments

Tom Winnifrith
Thursday 18 December 2025
In June Bluebird Mining Ventures (BMV) announced that its CEO would be putting in a £2 million loan with 0% interest rates convertible at 2p. The first tranche would be paid over “immediately.” The shares headed up to and above a guided NAV of 1.5p. The money never came despite repeated assurances that it would. And now it has been cancelled.

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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