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Was that a 200m buy or sell earlier today 🤔
Can anyone tell?
...available to get this mining license approved.
Copper anylist......https://www.youtube.com/watch?v=-YVSnXuatsA
Could be a ISA transfer but whatever they were it hasn't shifted the SP. Haven't been able to sell more more than 6m @0.023 without it going to negotiated trade but that's still the case now even after those trades. Any decent updates and we should see a good bounce from these levels though. GL
Anyone else notice and understand the two big buys just now?
You can't trust the management either - appalling performance from the man with too many hands in other pies!!
Second day that this is shown to be over 30% up.
And it’s not just this share.
They need to get this sorted because you can’t trust it at the moment
Up a magnificent 2.33% today.
The sun is also shining.
Awaiting the third miracle.
Hey up, up 42% at the close on no trading?? WtF?
Anyone got any answers?
Licence imminent? Or usual joke moves around the festive period!
Mr T
Bribes to get it through not big enough.
How does a mining license take so long ??
I suspect a lot of the funding comes through third parties. Individuals who invest in companies like this are adults (hopefully) and do so at their own risk. The red warning flags have been flying for years so research is essential to avoid catastrophies like this
In the placing rns they also mentioned that:-
256,889,280 shares went to the directors (including 100 million to CB) for fees for the period Jul - Nov 23 or Aug - Nov 23
242,000,000 shares went to the consultants for fees Jul - Nov 23.
This leaves 2.449 billion shares unaccounted for (about 22.5% of the total shareholding)
On the last raise so far we know the following took shares:-
Christian Cordier (director at African Pioneer with CB) - 144 million
Colin Bird - 40 million
Raju Samtani (Finance Director BZT) - 48 million
This leave 2.948 billion shares unaccounted for - 27% of the total shares.
Looking at the previous large investors we know that Tiger Royalties & Investments PLC is Raju's company.
Sanderson Capital Partners Ltd - the director is Tanvier Malik (in November 2023 he held just under 10% of the company).
Tavira Securities Ltd - the chairman is Eliot Goodfellow who held (I think!) 3% of the company in November 2023.
It really a shame because I do believe there will be a bull run on copper but like Leyla my expectations are non-existent given CBs past actions.
Docit,
Timing is all, and the AIM market has been hammered in the last couple of years. Stick with it, green shoots are appearing. I'm also significantly down from three years ago, but the last few months have seen some tentative recovery. Whether we return to bull in 2024 or 2025 remains to be seen, but with regards the woeful lack of investment in critical minerals, it appears some are starting to recognise the excellent value that exists at present. Unfortunately my expectations for BZT are extremely low, mostly based upon the actions of CB.
Agreed, AIM unfortunately is full of bad apples!!!
I could fire off 20 similar outfits to bzt without blinking. Thankfully I am now only invested in 2 such companies so lesson's have been learned so to speak.
Another irrelevant RNS today I see! Confetti shares tucked up in Australia!
So basically we have raised 800k recently by issuing billions of shares for what?
No follow up RNS to indicate things are moving apace? The usual pattern? I presume they have now left for Christmas so nothing until 2024 now.
Remember though CB insists we will be mining at Hope in the New Yrar lol!!!!
Mr T
Are you sure! The last 3 years have left a rather large hole in my wallet. I can't give you one good news story from investing in AIM. I would say the opposite that not to many good apples exist.I have spread in approx 10 AIM's and all are drowning. The only thing going for me is that the roulette will is still spinning. Therefore one word sums things up..HOPE.
Relieved this is one of my smaller holdings. CB is becoming more and more transparent in his personal agenda. I've held for over three years, so significantly down, Unfortunately i can only see the decline continuing for PIs'. We live and learn. Fortunately there's not too many bad apples on AIM.
It’s always a delicate one to comment on when shares have suffered more dilution. Of course CB is always going to benefit at the expense of others but ultimately because of it, funds will be secured with the take up his, and ‘all’ options so further ‘necessary’ technical work can get done, so moving another step forward.
As MrT has pointed out zero developments have been seen in ‘23 so the incentive price for taking up any offer of options was always going to cause contention.
If of consolation CB, along with all existing holders have suffered the same dilution that an investment case will now be based on in terms of return on an asset sale in the future for example.
Howezap, also the analogy robbing Peter to pay Paul wouldn’t apply here. As CB has robbed XTR to buy options for himself. The raise was around 30% lower than the previous closing price, diluting existing shareholders considerably yet, his own position is strengthened.
Really wouldn't read too much into that. Could be a trader hoping to get a price increase to make 10% before Christmas.
Yes Mr T, you are being rather kind in your assessment. I have plenty of patience - even mine has worn out on CB and this company. Do update us if you get a response.
@ full ask and not cancelled yet!?
I fired an email off to the Company today for an update on our various projects.
Apart from decimating the share price and raising yet more cash we have achieved Zero during 2023.
Thats being kind?
Let's see if I receive a response?
Mr T
Hmmm… Howezap you sound like you are PR for either CB and or the group of his company.