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yep and plenty of legs. Newmont taking a strategic position and from a company prespective have interests aligned with the regular PI. easy 10-15p imo.

10p is only a £15 mill mcap diluted and Newmont will be spending more than that on 1 project. Plus all the other bits. Newmont walked away from GGP but they are backing this to the hilt

also lets not forget Newmont have a 20% stake in the company so it is in their interest for all projects to get the full attention. maybe £20 mill mcap is too cheap. amazing news

this wont fail,now. They have raised $2 million at 5.4p with Newmont talking on circa 20% of the share capital. which means they have a world class backer for all their other projects too. 10p by lunch imo

now they have cash and Newmont in I reckon so. Could be doing 500% today

got in for a couple of k. could be 10p+ by lunch

Lefkosia - good evening. Agree with some of your points.
However no one knew 3% of the share capital would be sold
By one entity after the good news was released. Dont have many here and happy to hold.

Bellzone Mining plc ("Bellzone" or the "Company") (AIM: BZM) informs that it has commenced active dialogue with a number of separate and non-related parties to explore options to maximise the present value of its major assets. These include the Company's Konta Port, the ferronickel project previously detailed and the principal Kalia iron ore project.

Konta Port was built over 3 years for an approximate cost of US$120m and has an installed bulk commodities capacity of 4 million tons per annum ('mtpa') with a footprint and berth capable of extension up to 10 mtpa. It has been successfully used for several iron ore exports in 2012-13 and constitutes a viable and rare port facility for both imports and exports. There is a shortage of port infrastructure for large bulk volume in Guinea and an increase in mining activity, as demand for a number of minerals increases, further enhances the potential value of this asset.

In terms of the Company's mining assets, nickel price increases have steadily reflected the reality of higher demand from electric vehicles and limited global supply. The second stage of the ferronickel project feasibility study is targeted to be completed this year; the first stage of the feasibility study assessed an NPV10 of $104m when updated for the current forecast nickel price of $17,500/t. High quality iron ore such as exists at Kalia and which has a relatively short time-to-market production capability can offer near-term appeal to certain strategic investors. Kalia's iron ore project has a Bankable Feasibility Study, the NPV of which has been assessed by the Company to be positive over a range of different iron ore prices as disclosed in the Company's presentations which are on the home page of the website www.bellzone.com.

The Company emphasises that all discussions are at an exploratory stage, and there is no certainty that any transaction will eventually be agreed.Â

Morning all. Just had another listen to the sharetalk podcast and the interview with the ambassador.
BZM have interest in all their assets so when news breaks this could be doing 100-1000% again like last year.
Konta Port asset $120 million spent with possibilty of increasing capacity . They have ferro nickel project with nickel prices on the rise. And Kalia asset where they have spent already from memory $150 million already have a BFS.
Also guinea is now waking up so majors could be taking strategic positions. Also any shipments from simandou have to go through Kalia anyway as I can’t see anything going through Liberia.
Unless Rio or Chinalco looking at a jv on asset or port. Will keep adding.
If assets are monetised as has been mentioned we could be looking at 10-20p per share. Dyor

No worries even :)

Now worries Latino

Latino - lets get clear what happened on Thursday. News was released which was of course excellent but the buying is working against worked sells up to £300k or there abouts.
If the buying volume did not go against this , then it goes against the retail sells or the bid is increased until the sells come. So in all likelihood it would have kept going. Nothing to do with fibs on a chart Im afraid.

just to add that no chart will predict when an institution wants to sell a stake.
they of course used the liquidity of the rise, with increased demand to offload bulk. that was why the sp didn't for example breach 3p. it is because they sold £100 grands worth between 2.5-2.6 from memory. so this has nothing to do with charts, mm games or whos a ramper. its basic supply and demand. mms make the cut of difference between buy and sell price. i suggest the days would have panned out much differently if invesco did not sell.
happy with a small punt at 2.15 ish. will leave in.

Bladderman- such is just a swing trader. talks down all stocks until he buys then rinse and repeat imo.
take no notice of the fake bears -

0.004% roughly

There’s a Chinese stock always worth owning even when you’re pulling out of the market, according to one of the world’s largest investors.

UBS Asset Management’s Bin Shi has been buying shares of Tencent Holdings Ltd. while also raising cash to a record, saying concern over China’s gaming clampdown has gone too far. Tencent, which is among the largest holdings in the $6.1 billion China fund that Shi helps to manage, can offset some of that worry by growing overseas or selling more ads, he said. The stock dropped 3.1 percent Thursday in Hong Kong, for a two-day loss of 7.1 percent.

A string of bad news and poor sentiment across Chinese assets has put Tencent, which more than doubled in value in 2017, on course for its worst year on record. UBS Asset is taking the long road, making the most of lower valuations to bet that Tencent will launch another winner like WeChat, its ubiquitous instant messaging and payment app with more than a billion users.

“Investors have turned overly pessimistic,” Shi said in an interview in Taipei, adding that the stock looks undervalued. “Tencent needs to prove itself again. I think it’s one product-launch away from breaking through.”

Tencent has a market cap of 3 trillion hong kong dollars and has a bigger market cap that PetroChina, bank of china and hsbc. And they want BBSN to provide their video content. See you all at 5p+. gla
watch for derampers- they just want cheap shares

Im in sub 2.2. Looks good to me.

Hold but interesting article for the bulls.
“One product from breaking through”
https://www.bloomberg.com/news/articles/2018-09-05/giant-china-fund-is-retreating-to-cash-but-still-adding-tencent
Wonder if this is BBSN’s video stuff.
May take a position today.

Good evening Aeasty. I will certainly be scaling in now.
Ferro nickel project should unlock value in Kalia.
And simandou as we know would have transport links that go through Kalia- Rio could be knocking ?
Its a stock that one day you wake up and if you are in then great - and if you are not then its what could have been .