29 days ago
To think that Bluebird Mining Ventures (BMV) shares were almost 2p last summer. Today they have again fallen, to just 0.0575p despite disgraced CEO Sath Ganesarajah issuing two ramptastic updates so far thus month. Is the ongoing collapse because:
61 days ago
Were the BE Group of companies run by Bluebird Mining Ventures (BMV) CEO Sather Ganesarajah in a stinking financial mess it would be embarrassing but not a killer blow. But the fact that the wretched Ganesarajah is looting Bluebird not only with vast fees for himself but also with payments to the BE Group for services which appear to generate no revenues makes this a big issue.
71 days ago
Yesterday shares in Bluebird Mining Ventures (BMV) rocketed by 123% in heavy volumes. At 7 AM today there was an RNS. Now, of course, the City of London is a known for its clean markets and so there can be no suggestion whatsoever of any insider dealing. It is just a coincidence innit? One of those coincidences that just keep on happing in the London small cap world.So what of the RNS?
76 days ago
After a while you sometimes just lose count of the number of shares a company has in issue. A hundred million new ones there. 600 million ne ones there. In the end your calculator just runs out of steam and you know that Fat cat insiders will end up owning most of the equity. The greed of Sath Ganesarajah at Bluebird Mining (VMV) in rewarding himself for abject failure in terms of value creation is just nauseating. You may want to look away or at least get a sick bag ready.
78 days ago
The second most hated man in the City after me, Richard “nobody likes me and I don’t care” Jennings has spaffed more than a million quid on Kazera Global (KZG) over the years and is its largest shareholder. I did not expect what he has announced today.
85 days ago
It happened at nobody is watching O’Clock last night, the RNS we have been waiting almost a month for: Zak Mir has lift the building (geddit?). Bloomberg may still be trying to cover up its part in the Seth Freedman/ Nick Leeson criminal conspiracy to destroy me and protect a fraud but the dominoes are starting to topple. The statement is odd.
89 days ago
If I asked you to name the two biggest scumbags on the London Smaller Companies scene who would you pick. Actually it is a fair question and perhaps you might wish to put your dastardly duos in the comments section below. But for starters, my man in the Swiss Alps flags up a video which went out yesterday.
90 days ago
I received a, veiled, threatening email yesterday on behalf of Bluebird Mining Ventures (BMV), albeit indirectly through one of CEO Sath Ganesarajah's lackeys at the financially challenged BE Group HERE. What I hadn't realised was the real value of these warrants Sath wants to bully me into surrendering. I now feel as if this was an attempt to defraud me… let me explain.
91 days ago
Earlier today a member of Bluebird Mining Ventures (BMV) staff sent me an email threatening me with the possible loss of warrants I have.The email was not marked private and confidential and I published it. Now CEO Sath Ganersarajah has threatened me, in his capacity as CEO of the financially challenged BE Group, with legal action. He writes:
91 days ago
In the dim and distant past there was a placing by Bluebird Merchant Ventures (BMV) and as part of that deal there were warrants at 0.23p. I have a few of them and it is via them that I retain an economic interest in Bluebird although I think the shares are worthless. Today came a menacing email from a chap called xxxxx and the disgraced CEO Sath Ganesarajah.
93 days ago
Who is dealing with the gold assets that Bluebird Mining (BMV) owns, notably Batangas in the Philippines, whilst Seth Ganesarajah spaffs what little cash the PLC has on related party jvs with his financially challenged BE Group? The answer according to the last RNS was Aidan Bishop, aka Harold, thew former CEO.
99 days ago
On 28 January Bluebird Mining Ventures (BMV) announced that NED Cedric Simonet had walked with immediate effect. That was yet another abrupt boardroom departure and leves the company with a board of one, Sath Ganesarajah so there is now absolutely no check on his power.
102 days ago
I know what I think! It's both!
104 days ago
Following today’s explosive news here that Richard Jennings has launched legal action against Skylake Capital, the private vehicle of Sath Ganesarajah, the CEO of Bluebird Mining Ventures (BMV) I have written to the FCA asking it to investigate possible insider dealing and other possible rule breaches.
104 days ago
Picking a fight with the man who revels in being the most hated man in the City, after me, Richard “nobody likes me but I don’t care” Jennings, is not a smart move. But Court papers that have just been issued show that Bluebird Mining Ventures (BMV) CEO Sath Ganesarajah has done just that. And it is worse.
113 days ago
After yesterday’s revelations about Bluebird Mining Ventures (BMV), I have written to my link man at the FCA about its CEO Sath Ganesarajah once again.
121 days ago
Oh dear, Oh dear. This looks grim. Let’s start with the timeline. On 16 January Bluebird Mining Ventures (BMV) published an FCA Prospectus allowing it to use £600,000 worth of shares which started trading on 22 January. It also announced a WRAP retail offer which flopped.
127 days ago
I fear that the answer is not very much. Not because it shouldn’t but because the penalties handed out by the FCA are so utterly piffling. The FCA wants us to get excited as former Carillion CEO Richard Howson was yesterday fined £237,700 for his part in misleading statements being issued by his company. Put that in context. In his last full year in charge Howson trousered a total package of £1.5 million. His payoff when he left as the firm collapsed in 2017 was £660,000. He was CEO for five and a half years and his net wealth must be closer to £10 million than to £5 million. This fine is a drop in the Ocean.
153 days ago
Sath Ganesarajah the CEO of Bluebird Mining Ventures (BMV) has crossed us all, costing us millions, twice promising to put money in at one level so inflating the share price only to welch on a legally binding commitment. I have reported him to the FCA.
158 days ago
I just despair of the UK regulator at this point. After hours Bluebird Mining Ventures (BMV) finally published a prospectus that will allow it to issue a gazillion more shares and yet again its CEO Sath Ganesarajah has welched on an RNS commitment meaning that he us again shown to have created a false market in the shares.
174 days ago
Following the publication of the loan agreement between Sath Ganesarajah’s Skylake Management LLP and Bluebird Mining Ventures (BMV) on Christmas Day I have been contacted about Sath’s main UK company The BE Company of the United Kingdom Limited.
182 days ago
The document below fell into my hands via the Winnileaks service last week but I thought I’d save it for Christmas Day as the FCA should be all over a £1 million fraud against investors by the CEO Sath Ganesrajah and seemingly aided by the rest of the board. That fraud has seen investors lose 90% of their cash.
186 days ago
I have again written to the FCA flagging up that at the very least Bluebird Mining Ventures (BMV) CEO Sath Ganesarajah has breached the rule book in welching on a two million pound loan commitment – something that has cost we investors 90% of our money.
187 days ago
Some folks have been good this year and will get a present from Santa. Some will be naughty and will get nowt. The FCA? The Jury is out but just in case I have flagged up today that it will be getting a Christmas Day present from me. That and more Bluebird matters is in today’s email to my good pals at the Financial Contact Authority.
187 days ago
I wrote to the FCA yesterday asking for an investigation into the £2 million loan convertible at 2p Sath Ganesarajah pledged to provide to Bluebird Mining Ventures (BMV) in June. Yesterday he reneged on that and instead there was a bailout placing at just 0.15p meaning that those who bought on the back of the RNS pledge now sit on 90% losses. It gets worse.
188 days ago
Having spoken to folks who have seen the loan documentation between Sath Ganesarajah and Bluebird Mining Ventures (BMV) I have written to the FCA
188 days ago
I start with the Government gaslighting us on Erasmus and on base rates. Then it is Bluebird Mining Ventures (BMV), Blackbird (BURD) and Time Out (TMO)
188 days ago
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.
191 days ago
Sath Ganesarajah of Bluebird Mining Ventures (BMV) still has not put up the two Bernies he promised immediately back in June. So shares in his company remain uninvestable. And there should really be a Stewards over those RNS's which caused so many to buy the shares at multiples of today's share price so Sath us in my bad books. But he has penned an interesting piece on the AI bubble that you might enjoy.
196 days ago
Another day and another operational update arrives from Bluebird Mining Ventures (BMV) with more horse from CEO Sath Ganesarajah assisted by turd polisher, evil genius PR spinner Harry Chathli of Technology Minerals (TM1) infamy.
305 days ago
Bluebird Mining Ventures (BMV) has issued an announcement commencing that it “is very pleased to announce the further strengthening of the leadership team and provide further updates on the development of the company’s business”. How ‘pleasing’ is the news, with the shares currently responding around 4% higher to 1.35p?
