Member Info for 8ead

Brilliant find Wheaten, lets hope thats confirmed tomorrow they did say June, we'll on track indeed!

PJ me too, completely relaxed now, all impatience gone, I am riding this too phase 2, might de risk slightly one repeat sale is confirmed, but to be honest, very comfortable where my money is and where it is going to go.

There are some other good plays shaping up but none that would make me want to take my money from here and put elsewhere.

Happy to finally watch an investment develop and see my money grow along with the business, ratehr than trading dips and spike like i have for the last few years, these longer term plays are better for the heart and pocket.

Exciting times!

GLA

I couldnt of said it better, I understand my over excitement at the finance thinking we would be at 50 -60m or 0.03 SP

But given the regular updates, the fiancne being as good as it is and the production being as close not even considering the wider market, open pit, profit and stability of Namibia.

I am struggling to understand why this isnt sat comfortably in the 0.2's?

I have jsut soild some other bottom drawer shares to add to this and to be honest, I think if we get to the end of the week and not at 0.18/0.2 I am throwing mine and hte wifes savings at this!

THEY DIDNT BUY IT FOR $400M - it states they are going to spend that on building the mine - plants, equipment etc.

Nevertheless this is good for people to actually see how accelerated adn shrewd Colin has been with NLZM and getting this mine into production this year.

Bezant has saved YEARS for us all and will bring shareholders incredible returns.

Thanks Pricey, I have the same numbers as you My first million, roughly 31.4bn shares if fully diluted - which at least the 3bn from hartree I am doubtful for now.

Also very gratefuly for Mr Colin Bird post that is much bigger indicator of progress than others in my eyes, the plant commissioning was the biggest hold up in my head btu if they are already adding and installing the upgrades and components, first production for Q3 jsut went higher up in my estimation.

P.S. to see the 90m sell print and know it has been absorbed by the market is a huge win for Friday - least we know what dipped us yesterday.

Onwards and upwards!

The Bid on Level 2 is quite deep at 0.14, so looks to be a strong base but buyers not wishing to push up yet.

Positively the book is thin at 0.155 it does keep reloading but as soon as that seller clear, it should move quickly up through 0.16, which is when I see buyers pushing their ask up to chase and not lose these levels.

Its all a game of cat and mouse and can change on one big off book trade, but seeing how quickly we went through to 0.18 this week, the appetite and new base levels are moving up very positively

I agree, great to see further operational progress and updates, very much appreciated to be able to wathc progress more visibly.

Regarding SP, agree PJ base keeps improving, has been fuin watching 10% of the company change hands over 2 days and I expect we will see it a few more times as BZT foms its base in Low 2's while we wait on true Production rerate.

I am genuinely jealous to anyone who has got to walk in here in the last month or 2 and just took up a position to multibag in the 12 weeks, I need to get better at my investment timings!

GLA

B positive stop constantly writing uo the same thing to keep your posts and agenda at the top, its extremely obvious and quite annoying

Given September is so close, I would be surprised at even traders buying at this level not holding on for a 100 / 200 % jump and return.

I think the only sellers are the LTH and large holders who have already 3 or 6 X multibagged and made the life changing cash and letting new money have the same chance.

Imagine getting this at 0.2 (I bought some but wish I had bought more) already 9 X with it due to triple again and more!

It would look much nicer to consolidate PJ, I imagine at some point for phase 2 next year maybe.

Now we have the finance, I have mentally prepared myself for concentrate to be possible at Q1.

I am not a miner but from all the operational updates we have had and the speed the Sat pics are changing, I am hoping to be pleasantly surprised and it will be HUGE reassurance for the market if BZT can get first concentrate out by September.

Im here for the long haul, no point moving my money anywhere when I am certain to see it at least 4 x from here still.

IMO DYOR

Very true Pricey $80 million profit - Phase 2 paid for, incredible stuff

Im all for a good ramp but 1p would reflect very well ha. Thats looking at £400m Mcap pr £300Mcap at 30bn shares.

I fully expect 0.6p steady by September after first concentrate.

I do believe this should be in the 2s minimum with where we are.

Great article by Charles, we have discounted Gorob and 97km worth of strike money and drilling. If we hit further lines im fully on the phase 2 / 1p+ zone with B-P.

Half a billion volume on a funding agreement for a $40m NPV new copper mine and you end up 4% down ...... go figure 🤷‍♂️

Unfortunately regardless off everyone mystic meg ball and those hwo said they expected this (noses must be huge)

A lot of this comes down to Colin and the way he has promised and delayed so much on this, that the Market is exhausted and fully fatigued, so looks like until we have copper on our trucks and sold, nobody has faith in him to deliver.

Upto him to change the perception and his reputation, which is unfortunate because it is an excellent funding agreement and the project has moved along tremendously well while waiting.

I do think as old hand turn into new hands it will tick up steadily,

Some positives Warrants issued today to Hartree they need for voting, so that will form a strong base and wont be dumped. Sanderson has extended theirs so looking to hold onto the end like me and others for the big cash, further holding, they have half a billion.

so a it of churn on the 0.165 but once those are hoovered up by the market, there should be little resistance to see these moving upto at least a £50m MCAP which we surely are now?

For those saying this was already priced in by the market.... have a look at yourself, the $7m (£5.5m) is literally 20/25%of our SP now partnered with Global offtrade and they could or may convert that full facility for roughly 10% shareholding so even they prices it in at £50m +

Its pure churn and no one before the RNS would have said or posted their wouldnt be a rise in SP, if anyone has posted that and can show it to me prior today i will apologise to that psoter. We all expected a rise of some sort (I genuinely thought 2 or 3 x)

If someone also wants to tell me how our RNS gave AFP a 20% rise on the day... Im all ears

Just reading through the RNS again:

Mentioning Q3 multiple times and repeat they are on time for Q3 Produciton - My Revised true rerate zone (this is brilliant btw, typically 1 to 2 years to go from finacne to this point!)

With Sanderson . Hartree - I make roughly 8bn shares / warrants - Taking full dilution to £30bn, which has been quoted many times before.

Ceiling of 7bn warrants/shares at 0.16/0/165 so will be bouncing round here for a while I think,

Operational updates - communication will give good confidence and spikes, and a possible tick up into the low 20's

At first sale / concentrate- true re rate into high 30's poss low 40's if not higher but depends on how market prices things in?

Thoughts, am I off with anything?

All own thoughts DYOR not advice

GLA

This is certainly not priced in, its very much clearing the old warrants out, old holders derisking and everyone knowing their is a huge warrant line at 0.16 / 0.165 and not wanting to get caught out on this. I think PJ mentioned tht cappign us for today.

I wont lie I expected it to go straight throught to mid 20's touch 30s so i am watching closely at what i miscalculated but the fact remains last barrier gone this will be producing in 6 months or less.

so to get in her with the finacne in palce and production so close at anything around 0.12 to 0.14 is a gift from above!

Be a bit of dam while new money and big family office money come in now and take all these warrants of old holders, once that has turned hands today / tomorrow the supply will dry up very much while they wait for production and 3 or 4 x their return

You are an idiot mike , didnt know you knew my exact average was 0.12 and i had only bought in yesterday..... been buying for a long long time, have decent holding 0.0002 /0.4 and most of my holding around 0.006 so yes, I think in the next year this will get to 0.06 so very much reality but good to see you happy and rooting for others!

6 years of waiting and wondering and the RNS is as good fi not better than I hoped, very strong agreement.!

Excellent reassurance, just breathed properly for the first time in a while, Now to sit back and enjoy the ride!

My very first 10 bagger coming in! 😍 🚀🚀🚀🚀🚀🚀🚀🚀

Can only speak for myself PJ but it would be catastrophic for me.

Not so much the economical and financial but in the overall trust with the company to be led down here for nearly a year to then say we will dilute and fund ourselves, would just highlight the worst fears the Colin and his team can not deliver on time, in budget or even believe their narrative, which is already on thin ground with this narrative.

I would certainly remove my investment that very moment and move it to where I can at least believe the Boards plan and have some idea of whose pocket I am putting my money in.

Its finance or bust with any professional credibility as far as I am concerned