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Don't think both are sells if so above the bid which is a positive.
Someone certainly has looking at the last two sells
Very difficult to understand why someone would sell shares - I certainly wouldn't use it as a barometer of where the share is going to go after the indicated resource has been confirmed. Approx £5M mcap including the new share issue v £200-£400M resource valuation.
Really looking forward to the news flow.
Sorry bit of a typo with the last question
Only Bobby knows why.....:-)
If that’s guaranteed good news going from inferred to indicated why’d he sell and do you reckon that was a poor decision?
Cheers again
#BZT I think this should be viewed as positive news, firstly, its copper, secondly its CB & LR doing a deal albeit a smaller one, a practice one, one might say , this should bode well in my opinion. A busy time for them.
Who me ?
Bezant Resources secures funding deal for its Mankayan copper project
Bezant Resources PLC's (LON:BZT) Laurence Read tells Proactive London they've entered into a conditional transaction agreement to sell an 80% interest in the Mankayan copper project in the Philippines to Mining and Minerals Industries Holding Pte.Ltd
Read says the project's a significant property and the agreement allows them to secure funding to progress it while also generating value for Bezant.
Quick facts: Bezant Resources PLC
Price:0.22 GBX
Market:AIMMarket Cap:£2.19 mFollow
Oct '19May '19Jul '190.10.150.2060MZoom1m3m6m1yFromApr 3, 2019ToOct 3, 2019Highcharts.com
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Headlines from the Proactive UK newsroom. Bezant (LON:BZT) has entered into a conditional deal with a private company based in Singapore to sell an 80% interest in the Mankayan copper-gold project in the Philippines. The deal constitutes a reverse takeover under the Singapore stock exchange...
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We know, where've you been these last few years.
https://www.google.co.uk/url?sa=i&source=web&cd=&ved=2ahUKEwjb3-HRg4rlAhULTBoKHRpEBukQzPwBegQIARAC&url=https%3A%2F%2Fwww.proactiveinvestors.co.uk%2Fcompanies%2Fnews%2F904254%2Fbezant-resources-secures-funding-deal-for-its-mankayan-copper-project-904254.html&psig=AOvVaw0JNDU8gV2oL6ughIKgy0Sv&ust=1570533578634489
Both the Colin Bird and Laurence Reid are directors of EUZ and Bezant
All the research I have done points to a huge risk reduction for investors....so with the risk reduction the SP normally climbs. In our case with EUZ its been as high as 0.0012 with an inferred resource....so your guess would be as good as mine....but from where we are today...I would guess at least 100%....minimum. My opinion only ....cheers 10 Bagger GL.
How much should the inferred to indicated up the estimate by?
Cheers for the reply bricks
Early Quarter 4.....so that's any time from now.....
Turner Pope did a revised valuation based on the latest placing....now 0.0071
I very much doubt you will be able to buy back in again at 0.0001.......definitely 0.01 though. :-)
So when exactly is the inferred to indicated taking place this month and what’s the expected share price after all warrants etc are taken into account?
Reckon if they reach 0.01s again before the announcement or there’s a good enough share price expected il buy back in.
Cheers again
It is expected that admission will become effective and dealings commence on or around 7 October 2019......
All forward sold I guess......
Oiltap, I don't hold any either purely because I used to be married to a Filipina and know how frustrating it was to get anything done there. The law is "CASH", in an envelope!!
Over 100% up in one day.... hopefully will happen here.!!!
CB LRs other company. RNS today worth reading.
The Company has capital commitments of $230.5 million on various initiatives, of which $210.8 million is expected
to be paid during 2019.
See section K paragraph 24. Commitments and contingencies.
https://ml-eu.globenewswire.com/Resource/Download/448f9334-ea46-4166-9a5e-9f9a39a3e95c
Does delineation mean taking it from inferred to indicated ?......Anyone know ?
Lundin also retains a one-time back-in right to reacquire a fifty-one (51%) percent interest in the Toral Project once GoldQuest provides written notice to Lundin within 10 days of the following events occurring: delineation of an inferred resource on the Toral Project of greater than 1 Million tonnes of lead and zinc (contained), as demonstrated in a NI 43-101 compliant report, and completion of not less than 5,000 meters of drilling.
Europa Metals Ltd (LON:EUZ) said it had raised £1mln in an over-subscribed issue of stock at 0.025p a share.
The proceeds will be used for “progressing the workstreams” required for a pre-feasibility study on the Toral lead-zinc-silver project located in the Castilla y León region, northern Spain.
European Metals Holdings Limited (LON:EMH) took a lot of encouragement from the decision by Volkswagen to locate its first electric vehicle plant at Zwickau, 90km from the Cinovec lithium deposit.
As is my 5M buy....
Where is the code that makes this display decision? Within the London South East website ?
My 16M buy is showing as a sell on NEX as is a 32M share trade before me at the same price.