Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
-And the best bit for Ella:
"a gold-rich zone was encountered at 630m depth which returned an overall interval of 8m at 0.85 g/t Au and best gold result of 2m at 1.92 g/t Au from 634m."
Thank you, Colin.
Of course the SP would really be helped by publication of some decent assay results - how about it, Colin?
You have to pay a premium to the ask to get hold of any shares, so looks like another tick-up is on the cards?
-Not much of a surprise, as many have said that we should be in double figures by now...
Hello Bob,
I will certainly be there and look forward to seeing you again.
Now that the company is reasonably well funded, it is up to the BoD to keep their promise of early revenue stream from Cyprus and it's up to we shareholders to ensure that they don't take their collective eye off of the ball with development of the other assets.
I'm not too sure that I like the idea of issuing warrants that will result in an additional 10 % dilution, but I guess the £1M that they bring in will be useful to the company. I will need to give it further thought and, probably, some discussion at the AGM before making up my mind as to whether or not to support the motion at the impending GM.
Thanks, steve.
A 5.5p close was a bit of a surprise - must be something going through after hours?
I can fully understand your reasoning Andrew, but as you say, each to their own and the market as a whole will probably end up making the final choice - whatever that may be.
One thing is for sure - even the drilling so far warrants an SP far north of our current position and as that slowly sinks in, the market will respond, then the 5s, 6s and even 7s will be history - and that would at least be a good start...
Agreed Ice,
" As we progress with the Racecourse Phase 2 drilling programme, we are increasing our understanding of the overall shape of the mineralisation and the orientation of the higher-grade zones. "
-Certainly indicates that there are several zones of higher grade mineralisation and that we have started to build a more detailed picture of exactly where they are...
I can see where you are coming from, Ben et al.
However, if it comes to an option to accept around 30p per share in 6 months time for a proven-up extended open pit, or wait 2 years or so to also prove up the surrounding anomalies and then get around 75p per share, I think I know what the majority of PIs would go for.
My personal preference would be to prove up the extended open pit and the south-eastern anomaly ( 6-9 months) then press the button to trigger negotiations over 40 -50p a share...
I asked that question on the evening and it sounds like it is 'all or nothing' for the entire licence.
At several points during the evening Colin was asked about a possible buy-out price from AA - obviously some attendees thought that we should take the time required to prove up as big a resource as possible so as to maximise the selling price and up to 75p was mentioned as being possible, but Colin did seem to lean towards a quick sale as being the better option for current shareholders and 25-30p was mentioned in this context. Colin repeatedly stated October 2022 as a backstop for triggering the buy-out clause, so I think he would be happy with an early sale.
I think that if AA came forward with an offer of 25p + tomorrow then CB would be only too happy to sit down and start negotiations...
Either a scam or a very old report, it says:
In context, the price of copper per tonne has now reached $1,000. The previous high for the market had been $330 per tonne in 1996-97.
I can't remember the PO C being only $1,000 per tonne since the 1970s ?
To be fair, CB has consistently stated that just about every company in his stable has been, and is, vastly undervalued. XTR has started a good recovery in recent weeks - so maybe it is now also the turn of some of his other companies to make up some lost ground?
Looks like we are in an after-hours auction period - could be interesting, but not sure why there has been such a big increase in SP today?
Hello Prickly,
It was good seeing you again last week.
What was said at the presentation was very much in line with our half year report:
"Market Outlook: During the period the copper price has been volatile, but generally very positive and the consensus for the short term is that copper prices will gain momentum in 2022 and beyond. We firmly believe that our copper initiatives are timeous, well located and have the propensity for serious shareholder value enhancement."
And I, for one, very much look forward to that 'serious shareholder value enhancement.' happening sooner rather than later - Something to discuss with CB in detail next Monday at the AGM?
Second on the 'top risers' board - so could get BZT noticed today?
https://www.londonstockexchange.com/indices/ftse-aim-all-share/constituents/risers-and-fallers-and-volume-leaders
Hello Mr T,
It is true that I do not often post on this board, but I have been a shareholder for many years and I own a considerable number of shares ( I was even listed on the company website as having a significant holding not so very long ago) and I was involved in the very early stages of the formation of BAG - so I do have some history with the company.
After a long quiet period, I believe that things are about to pop here at BZT so don't be surprised if you hear a bit more from me in the coming weeks and months...
ATB.
I have registered to attend the AGM and have received only positive vibes in response.
Incidentally, at the meeting on Thursday, during the one-on-one session later on in the evening Colin was asked: "If I had £10,000 to invest in just one of your companies, what would be your recommendation?"
Of course Colin initially tried to get away with suggesting that the money should be spread over all of his companies, but when pushed to choose just one he said, (yes, you guessed it) - BZT!
BZT is, after all, Colin's favorite unloved child...