Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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few buys coming in now
Markets down in general, possibly fear of global lockdowns..
It just gets worse, now you know why no one is buying. Where is it going? Why is it going down?
its not looking good not showing 1 buy which in itself is strange
Oh well... there needs to be an explanation.
If this stock starts the day in the red, it often ends up blue. And vice versa!
I bought the bid surginater had 5m at .145 no doubt show later.
The spread is massive, seems they don’t really want people to buy cheap but just holding the price ice down. Google shows 0.14. I wonder what they buy price is.
i cant believe theres no buying at these prices
I pray that’s bottom cos this is crazy
0.142 hopefully the bottom
sounds very promising indeed gla
Colin Bird on JV
https://youtu.be/-U_GIpP4c6w
https://www.proactiveinvestors.co.uk/LON:BZT/Bezant-Resources-PLC/
The Philippines
In November, Bezant Resources PLC (LON:BZT) completed the sale of 80% of its stake in the Mankayan copper and gold project in the Philippines to Singapore-based company Mining and Minerals Industries Holding Ltd (MMIH).
MMIH has itself previously entered into a separate agreement to vend certain mining assets in the Philippines to China Hongxing Sports Limited (CHX), a public company listed on the main board of the Singapore stock exchange.
The consideration payable by MMIH comprises an initial funding package of US$2.25mln, plus further funding of up to US$5.5mln subject to the renewal of licencing agreements with the Philippine government.
MMIH will also issue of USS$10mln of shares in CHX to Bezant.
LINK
https://www.proactiveinvestors.co.uk/companies/amp/news/219575/bezant-resources-sees-real-upside-from-zambian-asset-219575.html
Coronavirus delayed the listing plans for MMIH, and Bezant Resources is currently awaiting the reinstatement of the process.
Argentina
Bezant also a small project in Argentina at Eureka where work is underway on environmental permits, which should be completed in the second quarter.
Here, like Mankayan, Bezant is looking for a partner to take the project forward.
In April, Bezant made a move into Zambia, where for a spend of US$200,000 it has an option over the Buffalo copper project.
A review of the historic data and site visit suggests that the steeply-dipping target shear zone is open at depth and to the southwest into the Buffalo hill.
Mapping of the pit and surrounding area is now planned alongside sampling and trenching, which might lead eventually to a drill programme.
One of the key elements of this further work will be to compare the data obtained from the site visit with the known characteristics of the existing mining operations in the region, said Bezant.
Nice one apple, good consolidated overview.
https://www.proactiveinvestors.co.uk/companies/amp/news/219575/bezant-resources-sees-real-upside-from-zambian-asset-219575.html
Experienced management
Diverse portfolio of assets Favourable jurisdictions
??????What it owns: Zambia
The Buffalo copper-gold project in Zambia comprises approximately 398 hectares and is located approximately 300km north west of Lusaka and accessed by a 150km gravel/dirt road from Kasempa.
The project is within the Zambian iron oxide copper gold belt.
Historic third party reports note that the Buffalo copper prospect was ?rst identified in 1899, through outcropping mineralisation on the side of a small hill. During the 1920s, pitting, trenching, tunnelling and crosscutting were carried out into the hillside. This work reportedly discovered a high-grade copper zone at the base of the hill. Further trenching was undertaken in the 1960s followed by the drilling of four diamond drillholes. The best drill intersection obtained was 28 metres at 1.07% copper, including six metres at 1.87% copper. No gold assays were recorded.
Limited small scale mining is taking place in the project area on obviously visible ore outcrops. After extraction, the ore is hand sorted to further upgrade the ore.
The mineralised zone in the open pit trends northeast-southwest and is more or less vertical with mining advancing into the hillside towards the southwest where the zone can be seen to continue. This continuity was not recognised by previous explorers due to near-surface leaching of copper mineralisation. The mineralised zone is 15-20m wide, with a central high grade core about 3-5m across. A composite grab sample from blasted ore material was collected recently by Bezant and tested at the Geochemical Analytical Laboratory at the University of Lusaka School of Mines. This sample assayed 3.17 per cent. Cu and 0.97g/t Au, along with minor silver and trace cobalt.
Under a memorandum of agreement with KPZ International Limited Bezant has been granted a conditional option to acquire a 50 per cent interest in Buffalo for US$200,000. The timetable allowing the company to evaluate Buffalo has recently been extended.
In April 2020 Bezant also bought a 30% stake in the Kalengwa project.
The Philippines
In November, Bezant Resources PLC (LON:BZT) completed the sale of 80% of its stake in the Mankayan copper and gold project in the Philippines to Singapore-based company Mining and Minerals Industries Holding Ltd (MMIH).
MMIH has itself previously entered into a separate agreement to vend certain mining assets in the Philippines to China Hongxing Sports Limited (CHX), a public company listed on the main board of the Singapore stock exchange.
The consideration payable by MMIH comprises an initial funding package of US$2.25mln, plus further funding of up to US$5.5mln subject to the renewal of licencing agreements with the Philippine government.
MMIH will also issue of USS$10mln of shares in CHX to Bezant