Member Info for BigBear2

Plenty of headroom here for a rise patience required

Yup canny investors can see the bigger picture here...DFS on track, formal ratification today validates our huge iron ore asset. Numb nuts trading out for a few hundred quid when the end game is many multiples...IMHO today's news is the trigger...

Great news this now opens the way for a JV, forget..7 this should easily be back in the 1s.....

If it drags on the uncertainty continue...
Until its booted out IMHO no deal on service provider agreement (Yup and Essar kicked into touch as well)

What's needed on 06 Sept is the court to dismiss their claim. No continuances or any such BS...
We get that there is light at the end of he tunnel, we don't and its a kick in the nuts comin from the MMs..

A chump change Nigerian oil Company with o website who are trying to claim part of the asset in Nigeria. Case on 06Set being heard.

900 mill shares hit market fek all volume just a few mid size sells plus a few tiny buys.

Stalemate.....no one wants to buy due to uncertainties and overhang and so far no placees dumping...

Quite Bizarre IMHO...

Brace yourselves today could get messy if placees dump....

Rich don't get hung up on year end drill, we have seen how slow things move in Nigeria .....
If we get NNPC by end of yeaf and dril/say March I will be ecstatic, mainly because it means the additional placing will be at a much higher price.
Let's just ride out this overhang and dispute first ...

Thinking about things I think it actually irritates art he has to deal with the little man for fundraisings...in the good old days of oilexco and billion dollar mkt caps it would be lunch with fund manager executives and job done....his mind is still there hence why we are continually fed bs pre placing etc...as he said he has actually back stopped the last 2 placings personally....humiliating for the once great oil man who is in a hurry to get back to the big time....

Agreed but it's only us that have our pants round our ankles in terms of mkt cap.
So although Kola wants this done his need is not quite as pressing as COPLs...
Let's see what happens, the 900 mill overhang is making me nervous..

To here the ambassador say the economics of Bellzone's huge iron ore asset has the best economics due to proximity to port...and that he sees the two projects as being developed ASAP to put Gunieau to the forefront of iron ore....
Considering the vast sums (40 billion USD) available is it beyond the realms of possibility something significant is happenenig here behind the scenes....with a paltry 9 mill mkt cap surely at the very least a JV of some sort or even full take out would barely dent the Xmas party fund for the Chinese....
Also remember that bauxite is a huge export business and they lack port capacity.....I wonder who has a dormant port???

iMHO he needs to come up with something even if it’s a holding RNS if we here nowt for a month the seeds of doubt willl grow that the Essar dispute as escalated and the sp will react accordingly. Bout time instead of making false promises ( eg placing unlikely) he protects holders paying the inflated company salary bill...

often rollovers...

Looks like

Boot going in....no big volume so no forward selling going on here...

Tomorrow is gonna be interesting - will the placees dump instantly at a 10% loss and try to get back in cheaper...
Or will they have faith in Art and wait it out....

Even mms bored.....

IMHO

MMs response here is neutral... Moving in response to buy/selling on low volume at or very close to placing price.

Let's see if those 900 mill shares hitting mkt tomorrow have sticky fingers or not...

It called investing in a company with huge potential via research - something quite rare nowadays on AIM
90% of folk just look at the top risers and try and catch the wave....we'll get there soon enough

If you have not had a listen I urge you to do so. Ambassador emphasisizing BellZones Iron Asset is optimally located and they want it developed ASAP and it’s port is of significant importance to the country .... With over 40 bill of foreign cash being invested only a matter of time here.....

On the BZM website on Gunieaus emergence

Of note I thought was......the main port cannot handle exports whilst the extension is being done maybe someone needs to take the slack up..??
'Guinea is experiencing steadily increa­ sing maritime traffic which the Autonomous Port of Conakry (PAC) can no longer handle in its current form. The state therefore embarked on an ambitious extension project, the likes of which Guinea has never seen before, that provides for an extra 88.7 hectares to develop the eastern zone in order an increase its capacity to handle cargo and minerals, both its own and those of neighbouring Mali.'