I warned you not to trust Mr Colin Bird- FCA21 Oct 2021 19:31
Bzt is a cash cow. Similar to CBs other companies.
Someone I know was starting up a food brand, she went to someone who had set up and sold a very famous UK food brand for £40 million and had now turned himself into some 'expert consultant' living off his earlier success. He would charge £500 for a 2 hour advice session for budding foodbrands and would give zero meaningful information. Eventually news good round that he was just milking people, and his consultancy business came to screeching stop. He went back into the food business but his new brand failed miserably. He was simply lucky with his first business (to be fair to him- he did acknowledge it), rather than being some genius.
My point is, the success of CB in 2010 for his big copper play, has been used by him as a base to establish a name for himself and get him on the seat or head of various BODs. He lives in the tax haven of UAE and spends the summer, no doubt living in the lap of luxury in Europe. His goal is very simple- to live out the rest of his life in the lap of luxury- and he is using your money to do it.
No AIM CEO has as many fingers in as many pies. And CB pies are slow cooked like sous vide, except the final result is not soft succulent steak, but a pile of ****
Imagine a man of his age, with so many businesses, already suffering from inertia, and he goes off to sit on the beach on the Med for all of summer and neglects his businesses whose RNS grind to almost zero
Others have already dissected todays RNS but its clear this placing wont be enough to do all that its supposed to (though such maths is beyond the education levels of some of the posters here).
1) He said they were going to trench Kanye 6 months ago. And now is just asking for money to do it. When we bought it in Feb, he claimed it was 'drill ready'...well that was a lie. Notice how he follows up failures (which Hope phase 1 was in reality) with a complete tangent.
2. The Caerus deal is very random, out of our normal geographic focus and seems off to do for a cash strapped companies which has been unable to bring forward ANY of its concessions to any meaningful stage. You should be very weary of it- especially look to see if he will benefit in some way from Jubilee (another Birdy company) as well as BZT being involved it (in the same way he used BZT to buy up Metrock- another company related to him).
3. No Hope is nowhere near a JORC despite being first drilled in August 2020. Looking at the AIM average- you would have expected a phase 3 drilling to have been completed by now, and a maiden JORC (if possible), we are just looking at phase 2 next month. I wonder if these results will be similarly failures? Or if he will come out with incredible XRF results- which will be followed by lab results which show it was all a lie?
4. I have lodged a complaint with the FCA to look into those now-proven false XRF results in April and the subsequent soaring SP that followed.
GLA