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Where is the update? Shortly? Now over 3 weeks! No wonder the SP is on its ar*e....
RNS 6 Sept 23: 'The Company has received the final draft of a revised mineral resource statement in relation to the Hope and Gorob project from Addison Mining Services and is working with Addison Mining Services on an announcement regarding the revised mineral resource statement which it anticipates announcing shortly'
Ouch! Hope you didn't lose too much money! (I'm giving CB until the end of the year)
Out. Apology, I did state I would stay until 2024 but in fact I need the cash now.
Long time holder. I don't post much now. Long time loser on this stock too.
CB. Grandad aged robber. 3 years years in to listening to lies.
Meat on the table old boy . That's what we need.
Cheap as chips - no wonder 7,637,973,036 shares in issue. Who owns all these shares?
holding 3% or more of issued share capital as at 21 June 2023
Shareholders Crest No Number of shares Percentage of Share Capital
The Bank Of New York (Nominees) BO01 720,127,695 9.43%
Hargreaves Lansdown (Nominees) 335 501,021,412 6.56%
Hargreaves Lansdown (Nominees) 335 500,337,154 6.55%
Jim Nominees Limited 842 489,017,772 6.40%
Interactive Investor Services 277 377,990,908 4.95%
Barclays Direct Investing Nominees LMUAG 347,558,164 4.55%
Interactive Investor Services 277 301,949,904 3.95%
GHC Nominees Limited 872 299,956,382 3.93%
Vidacos Nominees Limited 4CMAY 277,713,260 3.64%
Hargreaves Lansdown (Nominees) 335 259,083,811 3.39%
Total 4,074,756,462 53.35%
On 15 June 2023 the company announced that Sanderson Capital Partners Ltd had confirmed that they and associates would on 21 June 2023 be interested in 761,469,231 Shares which represents 9.97% based on the 7,637,973,036 shares in issue on 21 June 2023.
Looks like a lot of PIs and HWIs in the same boat with us and waiting for something to happen.
I remember the dyas when someone buying 8.2M shares (just showing) would have paid over £30k! Decent trade or waste of money? Only time will tell....
If CB pulls off Hope-Gorob (or any of the other projects!) the current SP is a cheap as chips....
Is it not just down to impatience? We know that the mining licence is awaited. We had good reports of what is there; It's frustrating waiting. I'm frustrated too but it's all down to Namibia
Down again today! How low can this go before CB just turns the lights off for good....
Colin Bird has about the same amount of credibility as Liz Truss.
Yes, the market as a whole, AIM and the miners are all in a desperate place with no prospect of improvement in sight.
But continually promising meaningful news and then not delivering it doesn't exactly breed trust.
I too am holding onto a straw that states "could be onto a winner". Fortunately, this lottery continues into 2024.
You know when a company hints at news "shortly" well to my mind that means soon and if it does not happen in a matter of days it is hardly surprising that the share price drops. I'm trying not to think how low the share price might drop if we have to wait until 2024 for "shortly" to happen.
In the meantime, let's hope that commodities boom starts soon or do I mean shortly.
Morning
I agree old Birdy is still sounding very optimistic!!! certainly no change in his views and beliefs here which is encoraging.
Hope Gorob, it appears we have submitted what hopefully will be the final piece of the puzzle to the Authorities, so it appears the licence application has been reviewed and Bezant have been asked to provide further details which they have done. Therefore licence has to be imminent, doesn't it!!
As I say finance is the next hurdle, this appears to be still under discussion vis an SPV, which will negate dilution for the shareholders, to be honest though the way the sp is at the minute will anyone notice? I suspect the finance house will want a share of the asset for stumping up finance and may also want a share of the company! which will involve the issue of stock?
I don't mind it it results in the assets actually going into production and producing revenue, but there is a long way too go yet, although CB intimated in the past it will not take too long to bring the mine to production!
Mankayan, as we thought 2023/2024, so there should be news forthcoming as we are entering Q4 for 2023 and it wont be long before we are in 2024? therefore news within 12 months and the possibility of monetising the asset.
If al of the above comes off!! a big if as we sit here at barely .04p per share, then it will be fascinating to see how high the sp can get?
We will need a good news flow period combining Hope with Mankayan and possibly some movement at Eureka, but as we know the market moves fast when news hits but it must be ongoing, not news one day nothing for 3 months!!!!
The market, particularly AIM is currently is a poor state as CB alludes to, he is correct with that thought, so may as well wait here for this to eventually turnaround, if it does we could, I say could, be onto a winner, still!!!!
Mr t
I spoke to the company regarding the mankayan timeline and the two 1000m drill results and this is the reply I received.
‘As we reported on 27 March 2023 IDM International and Crescent, along with their various consultants and advisors, intend to complete a full Pre-Feasibility Studies during 2023 and 2024 with the aim of presenting the Mankayan Project as a globally significant copper-gold project at a time when the supply-demand gap for copper is expected to be large as the world transitions to electrification. This remains the timeline to which IDM & Crescent are working which is why we have not provided any announcements with updates on the timing’
The 2 drill holes referenced in the 1 March 2023 RNS undertaken by Crescent were focused on metallurgy, geotechnical and hydrogeological studies rather than with the aim of interesting mineralisation and the data produced from the 2 holes will be used in the analysis that forms part of the ongoing pre-feasibility study work rather than being released.
No mention of Mankayan. The fact that Colin's talking about raising finance with third parties through SPVs indicates that a windfall from the Philippines isn't on the horizon. Which is a bit worrying.
The licence has been 'imminent' for ages. i would have said it was positive/exciting etc if I hadn't heard it all before!
Key takeaway from me..
- No dilution.
- License imminent.
Really positive message.
Sparkling and uplifting inteview by Colin Bird and amazing reaction to the share price! Was he again hinting news due shortly?
Https://zakstraderscafe.com/colin-bird-executive-chairman-bezant-resources/7689/
I did email the company regarding PR and news flow and it appears they listened to my comments.
What is the definition of ‘shortly’?
33% spread is the joke.
Unfortunately, I now realised that I have been mixing up the two projects Hope and Mankayan. Looks like I will need to reign back on my enthusiasm for imminent shareprice movement. Still, BZT have fantastic copper and gold assets so hopefully I or my family will benefit in the longer term. GLA
Wow, UT at 11:00:22
at £0.0003
Great potential for the opposit happening here soon - would someone ie CB give the herd a nudge please.
Google showing 5.06% down at 0.03p
Under £400 bought and we are up 10% aim bull****
This is the problem, it's all oh too slow and predictable.
CD needs to get the newsflow going, he also intimated an update at Hope would be soon?
Mr T