Member Info for EyeGuy

Next year production should be doubled and revenues over $100 million per month.
They have had a crap few months but are addressing it.
This imo is the bottom hence I’ve added again

Babbler- imo this should be 8-10p

Added more. With plant upgrades I make annual revenue over $150 million and Npv is over $250 million.
Amazing

600 Bcf. Funded programme. Mou with largest supplier in Georgia including payments for infrastructure.
Able to take 75% of this. Should be 3 x this sp at least imo

Morning babbler. Looks brilliant to me

Added on the bell. Brilliant rns.

£5.5 mill loss? Doing some research now

I keep nibbling away and adding. Trading in a false market imo with the selling from lanstead. As soon as you see the under 3% rns then it’s off

looks like mms short now. good finish In reckon

possibly the very last dregs of the loose stock before the true rerate

paying well over mate so should be going much higher Imo

glad I got in. spread has come down so looking like a big afternoon push is on;

took 2k at 1p. Now just checking in and am way up gla

Great RNS- I’m in

Personally I think if there is no funding tranche it’s a bust.
No way as you say they would approve death spiral finance. That is not a realistic option.
If Hudson have no money they would approve more shares. They have not. That is clear. They don’t want their share diluting.
Unless Hudson are trying to sell their stake in bzm- hence they won’t sell.
Lots of possibilities.
5 bag or bust imo

yep- could be a 5 bagger or end in tears. Find out more soon

TMS- that's the only option the company have if Hudson don't release the $3.2 million loan drawdown. But the company need Hudsons permission to do that as they own 51% of the shares. So they are not going to agree to death spiral finance when they vetoed the last placing at the AGM 2 months ago- because essentially they will be diluting themselves. The best hope is Hudson releasing the funds, Konta port asset sale or a placing pre agreed with Hudson so they keep their 51% stake

Spike- the assets are valuable. There is no question of that. Its just whether BZM are here to get the rewards from the assets. Personally no idea what Hudson are playing at. My hunch and it is just a hunch is that they have been approached by a third party for assets and Hudson are working out a way to make money by selling them- ie take 100% of the assets rather than 51%. But its more complicated than that when it comes to kalia and the ferro-nickel project. There is still time.

this is high risk. Its imo a 5 bagger or bust.
gla

Madchatter- that appears to be the case.
From rns yesterday:
Should the Company successfully address these issues, the Directors believe Bellzone is in a position to begin monetising its main assets and is on course to meet its updated timetable obligations under its Mining Convention.

So in other words if Hudson get the assets - which will take time anyway with administrators etc then the licenses may be revoked anyway and would possibly have to reapply for licenses etc which could take years. And they cant sell without those in place