Member Info for martina07

Still far too many shares in issue though, for a sensible and proper Company. Consolidation due ? then we are off to the (mining) races. 1/100 wudn't be out of order, IMHO. DYOR. GLA.

Just keep buying the dips on this onne folks - I have a nice feeling that you won't be disappointed on this one.. World class asset, with Nickel & Cobalt in high demand globally. Fully funded for 18 months. Wots not to like ? Nuts to the sellers ! IMHO. DYOR. GLA.

All very strange. 4 months in the doldrums then an 80% rise ? News clearly due, followed by yet another PLACING , no doubt. Looks a bit leaky ? Wonder if the Aus mine has bin sold ? IMHO DYOR GLA.

All very strange !! Big movement out of nowhere, after a huge spell in the doldrums, of 4 months or more. News clearly due, then, I wonder if we will have a PLACING ? has that feel to it ? IMHO DYOR. GLA.

Oh well, guess I was wrong about the Placing , but at least they got it away, raised a decent amount of money and didn't destroy the share price in the process, which previous management wud have done !! I am becoming quietly confident in LR and CB and the team here - they seem to have stepped up to the plate at long last, and intend to get things moving in the right direction. Also the case at FCR, where the BOD is practically the same, where similar good things are happening. Just need to get Mankayan sold now, and Eureka disposed of, for whatever they can get for it. (not much I suspect). IMHO. DYOR. GLA.

All seems to be proceeding rather satisfactorily and nice to see LR , MC & CB buying stock with their own money. Still rather confused about why the JSE Listing is being continued though - I thought that was supposed to be out of the door as soon as Moonlight was sold? Perhaps there is some future purpose intended for it - who knows , CB has other African Cos in his asset portfolio ? I DO get the impression , however, that the "New" BOD intend to make a decent fist of things, unlike the previous incumbents and , once the shares have been consolidated (if ?) I shall be buying more shares. That will also give a chance for "loose" Turner Pope holders to be shaken out 1st by the MM's, whjich they will undoubtedly seek to do. IMHO DYOR. GLA.

Very interesting and very good news for BZT, but wud still expect to see Mankayan sold outright WAY before end of 2 Year Mining Licence extension period, in April 2020. They don't need to raise cash at the moment as have over �1m in the bank . I shud imagine Lepanto and Goldfields have had a few phone conversations with BZT recently ? ! IMHO DYOR. GLA.

I shudnt bother trying to work out any numbers at this stage Bricks. They are largely meaningless , as at the end of the day, a Company is only worth wot somebody else is prepared to pay for it - and that is a complete unknown. The only thing we really know, is that if management pull it off, it is currently ludicrously undervalued. I worked out that the net annual profit , per share, per annum over a 10 year mine life (including all production costs @ 1500/tonne) is 7.7p per share per annum, which gives an idea of the "Special Dividends" which may eventually be paid). That is a purely hypothetical number however, as there are many other variables you could input, which we don't have the answer to at this point in time. It all comes down to Management and their ability to pull it off. Ed Nealon, Tom Revy and JT cudnt do it. Lets see if LR & CB & MC CAN. IMHO DYOR.

I, like Quindell am now quietly optimistic here, given the "New" management and a decent chunk of cash in the bank. It's going to take time, but most of the ridiculous overheads have now gone and SA is fully closed down (despite the continued JSE listing ?). I still think that this has the potential to be a World-Class Mine, and, with a lot of luck (impt) and the right JV partner this could well happen. Alternatively, they may well saell it on, after the Scoping, or Feasibility Study and move on. I'd expect a share price consolidation at some point too. 5 Billion shs in issue is too many and the SP is a silly level. (1:100 perhaps ?, who knows)). Perhaps after that we may see something like BZT being reversed into FCR, if they manage to well their Mankayan Copper Depositt for cash - It's the same BOD after all and would reduce Admin Expenses. Chance to make good medium term money here (2-3 years), but I'd wait until after the Consolidation before buying back in, as these things tend not to go down too well. All views my own - I haven't spoken to the Company for 6 months. IMHO. DYOR. GLA>

I seriously think that Kurt needs to forget about Kallak and move onto pastures new, with BEM. I was told 6 years ago by a good Swedish Mining analyst that Kallak would NEVER get a mining licence from the Swedish Govt, and so it has proved to date. (Reason being, BEM is NOT a Swedish Company). Kurt needs to sell Kallak to LKAB , for whatever he can get for it , then move on with the Graphite , and perhaps other things. This will save an awful lot more time, money & general future bed-wetting. Otherwise, the current �35m mkt cap looks awfully optimistic. IMHO DYOR. GLA.

This is a great little company with a superb asset. Problem is, Management haven't got the slightest clue how to communicate any of this to Shareholders, or the Market - and have no intention of finding out how to do so. Perhaps they shud have had jobs at Carillion !! LOL. Needs a complete management clearout from top to bottom of the BOD and the installation of people who actually know about mining, geology and have the historical experience of actually building a mine. Otherwise, this is just going to get taken over for peanuts and the existing management will move onto pastures new for inflated salaries and freebie options. IMHO DYOR.

Well Mankayan IS worth something - quite a lot actually, but if it got sold for $10-20m cash, it wudnt be a disaster from the current share price. Current Mining Minister in Philippines is actually VERY mining friendly and the new President likewise, so don't know where u got that info from ? They recognise that the previous Incumbents got it wrong. I still think LR wants to tip it into FCR , if & when Mankayan & Eureka are sold, so that he & CB only have the one Company to manage. But that's just IMHO.

MC even !

Roll-on Monday, then hopefully, a bit more action !! Don't suppose anybody will be voting against any of the proposals. NO doubt LR & MR will be buying lots of FCR shares in the mkt, P/A afterwards, with their own money - LOL ! Rather soporific at the moment. IMHO. DYOR.

I think that talks Re Mankayan are going on ,as I write, so here's fingers crossed. What happens to BZT after that is anyone's guess though. Still think it will get tipped into one of CB's other "Vehicles" eventually. I don't think Eureka is worth a hill of beans - especially with Argentina now Nationally Bankrupt - again !! IMHO DYOR GLA.

HZM has everything going for it and it isn't even on the Radar of the idiot "Herd" - which is nice. I wudnt even b surprised if JM & Crew didn't take both projects into production - sweet !! IMHO DYOR GLA.

Theoretically the SP shud come down by the full amount of the new issuance of shares, but , due to the "Stickiness" of the market, it very rarely does that. In the end it usually comes down to what the MM's are upto and the quality of the new shareholders - neither of which is a known quantity at this stage. A binary outcome, in other words. In any event, you would think that with nearly 5 Billion shs in issue after the EGM, an SP "Consolidation" wud b due at some point. IMHO. DYOR.

So much for JT's "Options funding program" ! Wot a joke that man was. Let's hope CB can do a LOT better, once the recent funding has been approved @ the EGM. We really need to GET ON with this feasibility study. Too much time has been wasted farting about wiv Company Semantics for my liking. Sense of urgency now required by BOD. IMHO. DYOR. GLA.

Strangely muted SP response , to a superb RNS. MM activity at work, I suspect. Or perhaps Mr Seller is still unloading. Now a Seriously World Class Resource. IMHO. DYOR. GLA.

Well, BZT is also reasonably cashed-up at present as well, which gives the BOD a decent bit of time to do some sensible negotiating. It will also have to be with someone serious, and BIG, as the mine is going to cost $900m to build and that is a lot of money, even for the likes of Glencore or BHP. Getting rid of Choco and binning most of the old BOD was also a good, though painful move to make. Certainly both Ed Nealon & BO were well past their sell-by date and both CB & LR have actually made some pretty sensible decisions of late, with other enterprises, despite my reservations about both of them from the start. IMHO. DYOR.