The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
In the mean time, with on going works, open areas for potentially more high grades of copper/gold, the project is becoming more lucrative for a buy out. The team is working hard to optimise the project as much as they can.
This project is potentially worth billions throughout the life of the mine. Mcap £3.6m! Even if this was bought out for a very conservative $70m dollars again, this would be minium 15 bags. Personally I think minimum 100m as copper will be deficit in a few years! Three times the amount of copper will be needed for new cars. This is a great opportunity for a takeover, and will be snapped up quickly.
Agree. Someone knows something, large but out of the blew, we all know what happens when the likes of LR start marketing a project (look at EUZ, went up 200% once LR starting doing interviews scoping study etc) The bod themselves have huge chunks invested, its in their best interest they get a good deal. Seems the news flow has started. They are obviously trying to get the word out to as many large miners as possible, it's screams to me they are hard at work and a deal could be very quickly in the cards.
Is this not really exciting?? The project was being bought for $70m dollars in 2014 when copper was at its lowest. Now, copper is on its way to being one of the most in demand commodities in the world! The chairman has around £300,000 invested in BZT, taking £50,000 in the recent placement at .36p! They have announced today there is further high grade potential to explore! They've put out a 3D video to give large miners an insight into their high grade copper/gold resource. They are NOW selling the company to interested parties!! At only £3.6 Mcap this was worth $70m dollars just 4yrs ago when copper wasn't in demand. What will it be worth now with copper becoming scarce? Delighted to be apart of this.
Is that not a sell?
I'm in both so I don't see it as a problem. They are not going to just stop running one project to focus on another. They have individual teams for each project. Colin bird took £50,000 in the recent placing at .36p, he obviously felt like the SP had bottomed and was only going to go up because of the work they are doing.
I don't think it's a problem that they are working on two projects at the same time (EUZ). BZT is just as important, if not more. Today's RNS states if anyone has bothered to read it, they are currently working very hard to move things forward and actively marketing BZT to large miners and institutions. It sounds to me there's a lot going on behind the scenes.