Member Info for eastern_investor

The spread is huge. The bid is at .7 which tells me there is no appetite for sellers but plently of shares floating for buyers.

Interesting update, whilst the revenue to be generated is not earth shattering, it could be the start of something as no one else has shown interest in the lab grown meat enabler, citimix.

NtM, In addition to the lack of timescales, nothing actually happens on any of those projects as far as XTR are concerned. Even his PR team cannot explain the radio silence on Kankuyu, Foreland, Chilibwe, Bushranger, Silverking and now Morrocco.

Has he given up on XTR and just treats it as a salary earner whilst he concentrates on the likes of BZT where to his credit, things are actually happening ?

Thank you for the updates. I am happy with the progress for now and I understand the legal delays in the finance sign off. The legal transfer of the mine needs to go through the relevent parts of the Namibian bureacracy before and financier completes on their element of the contract. Given that the ministry has approved the transfer this should be straightforward but even in the UK this would take time.

I am confident this will be achieved but maintain that due to past track record we will see no major uplift until work actually starts.

Be careful, you are upsetting the Head of Internal Security and Share Holder Loyalty.

Anymore disloyal behaviour and a white van will pull up outside your house and you will find yourself on a one way journey to El Salvador.

My CB dressed as Santa wish list would be;

Named finance partner

Outline of production plan with set timescales and contract details

Confirmation that the NZLM licence is being renewed in early 2026.

This is not an unreasonable given the earlier podcasts and statements.

Whilst I am shocked by the scale of the dilution the fact that investors have been found to offer up this cash is positive. The corneal work has potential to move to human treatments and the leather looks promising. IF they can pull off a T Rex product which is scalable the rewards will be immense and make the dilution chicken feed. I remember though they showcased a 100% lab grown pork fillet back in 2023 and the market reaction was, 'Oh that's interesting.'

The image of Che Conlan strutting down the cat-walk swinging a handbag made from dinosaur skin should generate a bit more excitement then a chap in a lab coat frying a nice piece of pork steak.

It is the Bird factor here. Whilst the company has done some excellent work in recent months and the future is bright, no institutions have taken a notifiable stake. Both he and the company would fail a risk assessment on such an investment by an oversight team. New PI’s may take an interest based on Charles Archer’s calculations but Bird presents risk. I have knocked him for years but for what it’s worth I recently added another million at 0.085.

I think it is the CB factor, the recent news has been good and the next steps are clear. There is a lack of interest due to the risk that CB presents. Why invest now when look at what he is capable of ? Xtract holders including myself are furious at the recent fund raise, warrants issue and then cut price share purchase pulled of by CB.

Charles Archer's , paid or otherwise, analysis of BZT is excellent and we have clear potential here but until work starts, few will trust him. This lack of volume leads to the price being marked down. To be fair there is not much selling either so the current price is not much of a concern unless you do need to sell.

I am quite satisfied with progress so far. The renewal is a standard process and given the support by the ministry for the rest of Hope and Gorob, I anticipate no dramas here.

My understanding of this is that $7m of finance has already been arranged with an off-take agreement and they are negotiating for the rest which is not a great sum. Nice and steady so far.

The next critical event will be the EGM. According to the company articles, this requires 14 days notice. Bearing in mind that they need to act prior to the end of December and also stated in an interview wanted to get things settled prior to mid December, we should get written notice by the end of next week at the latest.

Ideally we will be informed of the production plan and timeline in addition to information pertaining to NLZM.

Mr A, I admire your optimism and confidence in this stock. If we hit £4.50 I will gladly send you a bottle of something nice ( Remember £1.90 and £3.12??)

On the downside I have been doing some light reading in Wikipedia on the 1929 and 1987 crashes and there are so many similarities to now, I am on the verge of selling out.

I have attached the links and would welcome the thoughts of the esteemed members of this board

https://en.wikipedia.org/wiki/Black_Monday_(1987)

https://en.wikipedia.org/wiki/Wall_Street_crash_of_1929

What is striking is that one month before the 1929 crash, a financial expert called Roger Babson, predicted the crash and this bears similarity to the recent call by Michael Burry?

I agree that the dividend is too low compared to the current price, especially for new investors.

Whilst owning a slightly grrater share of the bank due to the buy backs is good, the dividend puts money into the account for me.

Even at 10p for 2026 this is small compared to some of the best risk free ISA's. I know you should look at dividend yield over a projected period not just one year but even a rise to 12p in 2027 is still not sufficient.

I listened to it. I know the company paid for it but there was lots of detail and I am happy with that. If contracts are to be signed in the ext few weeks I would envisage construction in the new year which I can live with.

We just need notification of the EGM next which must be soon given there are only 7 weeks left of the year.

Ooo, this is like being in Celebrity Traitors. Well, it’s not me, I am a faithful. I still maintain it must be someone who has bet against Mr A’s longs with a series of shorts and got burned each time. Rookie1, you’re a faithful; we both agree the market is over-valued but disagree on the scale and timing of the drop. Not sure about that Wolf character though…

Looking back at the BARC, I cannot believe it has leapt by £1 in 6 months.

I am simply amazed at you being trolled. Really? There must be better more contentious targets out there on the boards. What desperately angry or lonely individual would criticise you? I know you are optimistic about Barclays and maybe this time, a bit too much but that is the investment game for you.

My guess is the troll is someone with a large short who is lashing out at anyone who gives a reasonable bearish view on the banks. I would expect this kind of behaviour from the LLOY board members, not here. Go Mr A, let's all enjoy the Santa rally !

Paid or otherwise, Charles has done the work with the calculator and generated these forecasts which so far are possibly an underestimate. I disagree about CB though as any reading of my posts will show. I will always seek to be balanced in these posts but he is a factor. We invested simply because we trusted him 5 plus years ago and now hold and hope to make good rather then sell at loss. That trust has evaporated and whilst the recent moves have been good, he cannot make others trust him and new investors, private or otherwise want more then agreements and promises.

The proof is in the pudding; despite the latest update we have flat-lined. No institutional investors have been notified and had there been any credibility in him and BZT this should have flown and been impervious to vague derampers.

I think there are too many shares in issue and we should also consider a consolidation in the new year once the production plan is in place even though this will come at cost. As is stands, I am hopeful about this but would prefer a straight buyout of BZT by a bigger player.

White elephants is the new intern and has hit the ground running having studied the North Korean guide to updating social media about how great your boss is.

OSV has now been permanently employed in the new post of ‘Head of internal security’ with the task of hunting down disloyal LTH.

An intriguing suggestion by Charles Archer. I would be surprised as the market cap of BZT is a 'rounding error' ( to using a phrase from Charles) to the likes of Glencore (value $57.3 billion) and I cannot see why they would waste time on such a minuscule endeavor to them with all the associated risks of a JV with a minor led by someone with a less then stellar history.

Charles is either throwing a name out there with no provenance to generate clicks to his site or he has provenance which means a briefing from someone to him 'of the record.'

If it is the former, then life continues and the market will not show interest until buildings start to go up and shovels hit the ground. Now if it is the latter, then I believe it is precursor to take-over. Guess we will find out in 8 weeks.

I am pleased with last week's updates and welcome the finance deal. Miner Steve, does make one key point, had the BoD or company had any credibility, this would have flown on the news but the market wants to see more detail first. For me the next steps will be critical;

The confirmation of the off-take agreement and that it is small given the small amount of finance that needs to be raised

The publication of a production plan with named contractors and scheduled milestones

Commencement of mine construction

First output.

Still, I am pleased with recent news and look forward to the next couple of months