Member Info for martina07

Yep, can't help thinking that Goldfields or Lepanto will be sitting around a table somewhere in the Philippines with the BZT BOD very shortly. If that hasn't already happened ? Whether BZT choose to sell Mankayan Outright or JV/ Farm out is another question, but it should fetch several multiples of the current Mkt Cap. Wot happens to BZT beyond that, is the intriguing question. I think Eureka is also worthless, so I still think that BZT will be merged or reversed into FCR and they have a future together, or perhaps it cud happen with one of CB's other, ahem, "Enterprises" ! IMHO. DYOR. GLA.

I wonder why you would bother to appoint a new JSE Sponsor, if the JSE Listing was to be cancelled completely, as I understood it was to be when Moonlight was all shut down, which it has been ? Then again, CB does have interests in several companies with African Assets....................!

Quite agree Quindell, Choco does not look particularly good and should probably be binned. IMHO BO & EN were well past their "Use by" date and had lost interest in all of the Companies in which they were involved. (BZT, RLD, FCR). I have met Laurence Read several times and spoken to him on the phone even more. I didn't used to rate him at all, (especially with his advice to the Beowulf project on the PR side). However, having been thrust into the Fire at both FCR and BZT , he seems to have undergone a new lease of life and has done some very sensible things for both companies in a short space of time, in what were very difficult and unenviable circumstances. Time will tell, but my own "Scenario" for what might happen here, is that Mankayan and/or Eureka will get sold , Choco abandoned and then the BZT cash shell "Reversed" in some way into FCR, to create a larger company, with greater cash resources and the Same BOD, with just one large project (Toral, in Spain) to concentrate on. I must emphasise that this is purely my personal view, and nobody at any company concerned has mentioned this to me, nor have I discussed it with LR or CB in any way. IMHO. DYOR. GLA,

Lukkin a bit brighter on the offer side anyway. Metals prices increasing generally on Russian sanctions fears and global metals shortages affecting the supply side. Gold nudging higher too. Just need those Irish drill results to see wot we've REALLY got at Sligo. IMHO. DYOR. GLA.

The HZM SP, is now clearly way out of touch with both the Nickel price and the sheer size of the Brazilian Assets. It HAS to re-rate at some point. (Upwards !). IMHO. DYOR. GLA.

In answer to your question Newbie, the shs ought to theoretically fall by the full amount of the Placing issue when they go "Ex-Placing" and the shares are actually issued, but, due to inefficiencies within the market, they don't always go the whole way down. It largely comes down to how generous the MM's are feeling at the time and how many T20's are out there for them to shaft !! That's my empirical experience of these things. Also, you have to wonder, with nearly 5 Billion shs then is issue, if there won't be a share Consolidation of some sort ? It has to happen at some point. IMHO. DYOR. GLA.

Well lets hope that LR & CB can negotiate the sale of Mankayan before too long. Don't personally see Choco delivering much and wasn't encouraged by how quickly Ed Nealon jumped ship, over it. IMHO. DYOR. GLA.

Yes, that is correct WIsha (not wishing to sound like Mike Myers in Waynes world !), and if you look at what that does to the NPV "gearing", as per the chart on pages 12 & 13 of the Company Presentation, you can see why there is scope for considerable leverage and excitement. More to the point though, you have a management team who are actually capable of delivering the project - unlike many, many, AIM Junior Mining Cos I can mention !!..... IMHO. DYOR. GLA.

Looking good. Nickel comfortably over $14000 per tonne. HZM Assets are huge and World Class. Seller is (hopefully) out of the way ! Lets hope the BB "Herd" don't arrive before we've all loaded up !! Outstanding opportunity, IMHO. DYOR. GLA.

Steady, strong buying today though. Perhaps the Giant is waking, with the Spring ? IMHO. DYOR. GLA.

sItill seems to b a seller out there, who hasn't finished yet ? IMHO. DYOR.

More potential Gold in Sweden. Luks OK, except we'll have to pay to develop this one - not Centerro, still, all grist to the mill ! IMHO. DYOR. GLA.

Just to re-iterate. This is a proper company, run by proper people, with a proper Instit share register. Potential upside from sale or development of Araguia at least a 10 bagger from here, IMHO. Vermelho the cherry on the cake , beyond that. Also, the free float is limited by the Instit and Director Shareholdings, so MM's have less scope to muck about with the price. Not on many people's radar's either - which is also usually a good sign. IMHO. DYOR. GLA.

I have a sneaking suspicion that Mankayan will be where we see BZT really "open up the play". It's huge, and with the Philippines recently re-opening for mining again , there must be scope for the sale of the Asset to the likes of Lepanto, Goldfields or some other Philippine-Based mining entity. I suspect that Eureka is a Duffer, which BO bought just to make it look as though he was doing something and Choco was Ed Nealon's baby, with which he hoped to repeat Aquarius Platinum, but found that Columbia was a difficult place to do business and raise money for. Both BO & EN have now gone, so I suspect that CB & LR are having talks in Aus about the future of Mankayan and not anything else. All IMHO of course. I also wudnt be surprised to see BZT end up as part of one of CB's other Companies, at the Corporate level. It just has that sort of "Feel" about it. IMHO. DYOR. GLA.

Must say, the TWO House Brokers are doing a Cracking Job of supporting the share price, with post-IPO buys - NOT !! Makes you wonder why companies bother to pay their fees dusn't it ? Sure, this is a young Company, but a 36% drop in the SP since the IPO , implies that somebody in the Corporate Finance Dept got their initial placing price figures badly wrong ? Would also be nice to see a bit of Director buying at this level - IF they have any faith at all, in their own Company - beyond a pay packet that is ? IMHO. DYOR. GLA.

All is well at the ranch apparently, and no real reason for SP drop since IPO, except short term IPO holders flipping, at a loss (Doh !). It seems like the Galway licences were bought for a real snip, and yet are Very prospective. Make yor own choices as to whether you wish to invest, or not, but Rick Rule, is NOT a fool ! IMHO. DYOR. GLA.

Don't think that will do you any harm in the long run FS. Well done. Luks like there's a buyer out there at 18p anyway. IMHO DYOR. GLA.

Year End Accounts don't tell us anything that we didn't already know. Cash must be very short, 3 months on from the year end. Placing or Corporate Action imminent , in my view. IMHO. DYOR. GLA.

8% SP drop on a sale of 10,000 shares only ! That's not good Garth ! IMHO. DYOR. GLA.

The next hurdle is further funding for the Scoping Study- without which we don't have a company. Beyond that , there may be some form of Corporate activity , IMHO.. (consolidation/ perhaps a merger with one of CB's many other Companies ) Beyond that, they have to find a JV partner, who is willing to mine without going all the way through the time & considerable expense of a Pre Feasibility Study. As Merlin Marr Johnson (the previous geologist) once said to me "the Asset will drive the funding" and I think that's still very true today. JSE listing has no relevance to the current state of FCR and shud b terminated. IMHO. DYOR. GLA.