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London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England


Bezant Res Share Chat (BZT)



Share Price: 0.075Bid: 0.07Ask: 0.08Change: 0.00 (0.00%)No Movement on Bezant Res
Spread: 0.01Spread as %: 14.29%Open: 0.075High: 0.075Low: 0.075Yesterday’s Close: 0.075


Share Discussion for Bezant Res




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ismalia
Posts: 773
Opinion:No Opinion
Price:0.09
RE: 23 Oct 2018
19 Apr '19
Jetxie - 11m not so many, about £7.5k at a little under 0.07p I had kept the odd eye on the sp following the raise at 0.45p. Tempted at 0.10 - £1m cap but found small selling continued and at sub 0.07p took the plunge. IMO I would be inclined to see what the Annual report has to say before trying to overthrow the current BODs.
 
ismalia
Posts: 773
Opinion:No Opinion
Price:0.09
RE: 23 Oct 2018
19 Apr '19
trellis. First of all the £250k I referred to was Tiger money. Second I will not be voting either way as at the moment I have no idea what BAG is looking for and will not until you send out the EGM agenda. I am not a member of any appreciation society either but respect tha CB knows a bit more than many. You want to appoint RH to the BODs and thats fine, but I hope you are not hanging him out to dry because he will need to know his stuff about resourse.
Jetxie
Posts: 1,495
Opinion:No Opinion
Price:0.09
RE: 23 Oct 2018
19 Apr '19
Constructed from analysis and interpretation of the available historic core data by Bezant, with assistance and input from, specialist technical consultants, Addison Mining Services Limited's ("AMS") geological team and certain other third party groups. All resource and economic data for the in-house analysis was extracted from previously disclosed historic mineral resource estimates and conceptual studies produced by Snowden Mining Industry Consultants, TWP Australia (Pty) Ltd and Mining Plus Pty Ltd. https://www.mining-plus.com/
Jetxie
Posts: 1,495
Opinion:No Opinion
Price:0.09
RE: 23 Oct 2018
19 Apr '19
Trellis35 sorry. I will wait quietly
Jetxie
Posts: 1,495
Opinion:No Opinion
Price:0.09
RE: 23 Oct 2018
19 Apr '19
18% The fart is big .to make a sound? Not not
Jetxie
Posts: 1,495
Opinion:No Opinion
Price:0.09
RE: 23 Oct 2018
19 Apr '19
trellis35 deceptive BAG ?
trellis35
Posts: 1,381
Opinion:No Opinion
Price:0.09
RE: 23 Oct 2018
19 Apr '19
Ismalia- there will be a GM before a Bezant AGM so they will not be back to back. Sorry if we are not a CB appreciation society but he has overseen a fall for his investors (450k not 250 by the way) from 0.4 to 0.06.
Anyway you can vote your 11 mill against our 18% at the GM
We are perfectly cognisant of what we want( facts that you are of course unaware of until the GM not being a member of BAG) Please do not assume that BAG is made up of 80 ignoramuses from 8 countries who merely whinge about a price drop in SP.
I hope all who are meant to read your and others posts are getting the message- unless Richard Hemans is co opted there will be a General Meeting at which all can vote.
Good to see new posters with such positivity suddenly appearing ……...
Jetxie
Posts: 1,495
Opinion:No Opinion
Price:0.09
RE: 23 Oct 2018
19 Apr '19
ismalia Are you hold 11m ..I don't believe it.
ismalia
Posts: 773
Opinion:No Opinion
Price:0.09
RE: 23 Oct 2018
19 Apr '19
The extension of the licence if it does run to 2019 could be pivotal but in any event I cannot see Mank valued at 75m with so much needed to be done in the ground but 10 - 15m could still be worth up to 1.5p ps. I'm new here with my near 11m holding and so is CB with a near 10pc if you take in TIger. The important thing is thal CB knows his way around the market place and would not, or should not have invested £250k of Tiger funds unless he had a plan. IMO that plan could be to prepare the assets for sale, sell and then grow BZT. He tends to prefer quality assets owned by low cap companies. A BAG is fine but it needs to know what it wants and I would suspect that it will not be in possession of all the facts until the Accounts arrive next month. Also it will be interesting what CB has to say in the Tiger report due about the same time. Perhaps AGMs back to back. We shall see.
trellis35
Posts: 1,381
Opinion:No Opinion
Price:0.09
RE: 23 Oct 2018
19 Apr '19
I bow to the knowledge of the new posters and will await my share of the $6.5bn. (Mann- CB ands LR are hardly new now and MC is actually 900k not 3.5 mill but even bigger margin eh? or perhaps that is very very old news regurgitated)
off to buy my yacht and book round the world trips. Perhaps CB and LR can advise me, although skiing has never been my thing. Looking forward to the GM(not AGM) where talk has to do the walk
mannnan
Posts: 47,015
Premium Chat Member
Opinion:No Opinion
Price:0.09
RE: 23 Oct 2018
19 Apr '19
Bird agrees.

“There aren’t many projects around like Mankayan,” he says.

Certainly, there aren’t many companies around like Bezant that hold assets like Mankayan.

Its market capitalisation is a relatively modest £3.75mln. For a company that has copper in the ground worth over US$6.5bn, not to mention the gold, that’s quite a value gap. To be sure, it’s deep and the mining costs will be considerable.

But Bird sees significant value here, and he has delivered before.

Watch this space.
mannnan
Posts: 47,015
Premium Chat Member
Opinion:No Opinion
Price:0.09
23 Oct 2018
19 Apr '19
BHP Billiton PLC (LON:BLT) has publicly stated it is on the lookout for large copper projects. And it’s not the only one.

The thinking among the world’s major mining companies is that the opportunities presented by emerging new technologies are best capitalised on by focusing on copper. The lithium market is too unpredictable, the cobalt market is too small, and other speciality metals are as yet unproven. But copper is a tried and tested metal that will be greatly required in technology - old and new.

READ: Bezant Resources reverts back to copper after strategic review

According to an estimate used by BHP Billiton’s head of American operations Danny Malchuk, 105 kilogrammes of copper could be required in the manufacture of every electric car.

He puts the future copper demand for use in electric vehicles at something like 12mln tonnes per year, or more than half of the current global market for refined copper.

The major companies are cranking up their exploration efforts in the hunt for the next big new discovery, a dynamic that’s not been seen for at least a decade.

But in the case of the Mankayan project in the Philippines owned by Bezant Resources PLC (LON:BZT), they’ll be offered a short-cut.

At 1.1mln tonnes of contained copper and 3.7mln ounces of contained gold, Mankayan is big. As such, it was once under option to major South African company Gold Fields Limited (JSE:GFI, NYSE:GFI). And before it repositioned its efforts outside of the Philippines, Gold Fields had already stumped up significant portions of cash to secure the position at Mankayan, money that eventually made its way back to Bezant shareholders.

For a while, after Gold Fields had backed away, Bezant pursued other opportunities in South America and elsewhere. It was the aftermath of the global financial crisis, and the mining sector was in the doldrums. Majors were repairing their balance sheets, and although Mankayan is big, it’s also deep. The appetite was simply not there.

Focus shifts to Mankayan

Now though, the dynamic is different. And with a refresh of its management team and new money injected, Bezant’s focus has once again shifted to Mankayan.

The prime movers in initiating this change have been new board members Laurence Read and Colin Bird. Bird has had major success in the copper space before, with the US$260mln sale of Kiwara to First Quantum back in 2009. He’s hoping to repeat the trick with Mankayan, and is willing to set almost as punchy a valuation on it too.

Read is an experienced resources company director, who also sits on the board of Ferrum Crescent and is involved in several unlisted projects too.

Together, Bird and Read have clearly marked out the future of Bezant as being in copper. One South American asset has now been sold. The second, Eureka, remains on the books, and it will be no surprise for investors to learn the reason. It already has a non-compliant copper resource, and looks prospective to yield more.




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