Member Info for BigBear2

And that I would say although tongue in cheek is a fair summary. I have reduced my holding to a quarter of what it once was and am now only holding on the off chance art surprises us and pulls this out the bag.
We are only 3 months away from Xmas ffe and the only thing we know for sure is there will be another placing by March.
Grim times....

USD 120 mill spent, so you would assume at a min half of that in outright sale.
Leasing it we don't know. What we do know is the mkt is assigning ZERO for this asset..

Large buy indicating start of someone accumulating? Sleeping giant awaiting the firing gun started.... Take your pick port sale/lease iron jv and of course ferronickel dfs.....last but lot least and absolutely huge iron asset that the govt wants fast tracked.... My money is still on t/o you can pick up a company literally worth hundreds of millions for a decent price, all it needs is the nod from Hudson ...

The herd is not here yet, but rest assured first sniff of news and they will be stampeding to get in....
All we have seen the last few days is moderate buying moving the sp slightly....
The informed are accumulating with the odd trader departing for small profits as we consolidate....

The problem is that Art has got his placing done now, so it's back to BAU mute mode.
As I have stated on several occasions if the court case was entirely spurious it would have been dismissed by now...if we get nowt from Art as I expect the drift will continue and God forbid the placees decide to cut their losses...
Cmon Art show some concern for the people who have kept you paid fed and watered - shareholders....

What a lot of folk aren't twigging is the ferronickel (at a conservative NAV $100 m USD) is probably the least valuable of the assets Bellzone has!<br /><br />So yes it will be great to get the smelter results in that will then go into the largely completed DFS, but the main play is our iron ore........<br />Not to mention the port........<br /><br />It's a silly mkt cap that TBH prices nothing in.....but then again that's what's allowing savvy investors to load up at silly prices....<br />Took a few more today..<br /><br />

also topped up. traders rinsed, onwards and upwards...

People are forgetting it’s hudson that bankroll us....IMHO the current restructuring is then flexing their muscles and preparing for either Jv ot t/o and they can veto anything.....

Folk are waking up to the bigger issue here. We have an asset of national significance and a govt keen to monetise as fast as possible.... If you want a quick trade there are many places to do that on the aim....this is all about getting in low and holding for multiples. I reiterate we are cheap even with a mkt cap of 100 mill let alone the curent sp abberaton....let’s see if someone with deep pockets comes along and takes the whole shebang all talk of charts and resistance will be irrelevant then....

IMHO the ferronickel is a sideshow ... I believe we will be taken out for our huge iron ore asset

Fraid I disagree there yes we need concrete announcements but it’s clear the climate that caused Bell zones sp to crash is no longer apparent. The terrible Ebola virus is gone sentiment is returning on iron ore and the appetite for investment in the country is huge. Regarding another placing that was vetoed by Hudson. The macro climate has changed by bzm share price has not.... U believe something material is in the offing...

Yup but so holding well and mms not putting the boot in just a matter of how long things drag for...

@BigBear215

100% that is a buy looking good for next few days

Port Deal - 1p+

Iron JV with major - 2p+

Ferronickel DFS (NAV $100m) 3p+

Sellout - Min 5p

These are VERY conservative figures for a company that has invested a huge amount (USD 250m)

A 5p would give a mkt cap of £87.5 m which for a full take out is still v cheap.....and gives 10 bags from here...

There are some stocks you do the 10% on, others where the case is so compelling you hold for the muther load....

With a bit of patience here you are looking at a very material return...

Eye Guy.. We are singing from the same sheet mate. Will ping the twitter over later.
We are all lined up here for the mother of all rises...

I can't help but feel something big is happening behind the scene here...

Julian is basically still doing all he was before - but without CEO duties., getting deals done without distraction??
The Ambassador has appeared saying that he sees Bellzone as key to Guineaus success.
Huge investment(billions) guaranteed for infra over a period of years
Lack of port capacity to meet bauxite demands

Considering the amount of money swilling around from the Chineses and others you would have to think Bellzones tiny market cap,
huge iron ore asset , port facilities and ferronickel makes us an outrageously cheap t/o target - and I can't imagine them letting it go cheap

5p min IMHO......

1 mill buys, savvy folk loading up...

This rose from sub 2p to nigh on 4p on the back of sentiment the 1st drill in some time hit black gold as the well is a duster logic would dictate this will now retrace back to those levels