focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Road infrastructure is already in place from the Konta port to Kalia mine. However, what most people are getting confused with is the talks going on reference a possible rail link from Konta port to Kalia mine and once this is in place then it would extend onto Simandou, which is the largest untapped iron ore mine in the world.
Price monitoring Extension RNS
That’s a conservative figure. We hit 3.5p just on amendment of mining rights. People are wondering that a 1.5 billion increase is shares is bad … its not, they need that increase so that a joint venture can happen the market will not get 1.5 billion shares to deal with. The most amount of share BZM will place onto the market is 500 million and the rest will go to a major mining company to start this in to production by end of November 2019 as per previous RNS
Timeline …
22nd October deal to be made with Hudson
Once deal made Bulk sample to be sent off
End of January bulk sample results
Start of February we are hitting 5p+
A rise today would be good. Going to bounce back now that there’s a possible Joint Venture on the cards
Hopefully the SP will rise tomorrow on this RNS its about time we went back to the true value of this company
Sort of. They are giving Hudson and SVS two options. More credit OR a JV. This company has gotten to the point now where it’s either let’s get this mine up and running or what’s the point of this company.
At least now we have dialog with Hudson and they are willing to listen to the offer on the table. We are finally at the stage now where real things will start to happen and not just Bankers playing with a concept.
Sh*t or Bust time. Make us money or on your bikes!
Well we need a miner on board to get this going otherwise we are just stuck with bankers playing with the SP. This was always going to be the outcome I just didn’t realise how much insider trading was going to take place. I am pleased I have held my position now. I feel for the PI’s that got shaken from the tree. No one likes to be F**KED and the have deferentially done that to us these past few days
Simon Brickles (54)
Senior Independent Non-Executive Director
Simon was Head of AIM at the London Stock Exchange Group plc from 1994 until 2003 and CEO of PLUS Markets Group plc from 2004 until 2010. He was appointed on 18 November 2014. Educated at Cambridge University, City University and the Inns of Court School of Law, Simon practised as a barrister for several years before moving to finance. Before becoming Head of AIM, Simon worked as a regulator at the London Stock Exchange in the Listing Department (predecessor to the UKLA) and in AIM. Simon is a well-known figure who has lectured on public company corporate governance theory and practice in a number of jurisdictions.
Well the old head of AIM is on our BOD so guess what folks of course its going to be played with
Well at least we now have a date to work to. We will either be loaded your bust. Flip of a coin on 22nd October
Now we can safely say that the 46 million shares were a buy. Insider trading at its finest!!! HAHAHAHA
May have got a little excited there without digesting the hole RNS hahaha. At least now we can see the true colours of Hudson and what their true objectives will be. After all they are just a financing company and not a mining company. This was always going to be the out come so why would Hudson not let this go through. The only reason I can see they have done this is so that they can acquire as many shares as possible so that they can make a huge profit at a later date.
Boom JV here we come
Look on the bright side mapp. Your still alive and the sun is shinning. Stop moaning. Life is s**t it's how you deal with it that counts
From their website " So our investment horizon is long, and we are true investors and long-term partners, not short-term asset traders. Indeed, we have reinvested all of our capital into growing for the future."
So of course Hudson can be trusted to for fill their end of the bargain ;o) .... This is just a massive sake down!
They were struggling to find the barrels for the samples that was what caused the delay
I've dug my trench and I'm currently sit in my hole on my sand bag with my tin hat on waiting for the end! Hahaha
I'm sure they are trying to hit everyone's stop losses
Very true, I got blind sided by the asset and when I did my research I stupidly missed Hudson until it was too late. O well live n’ learn, every day is a school day. Luckily I have time on my side to recoup this potential loss