Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Pleased its out of the way. Shame it’s at the level we have found ourselves but not a lot that can be done about that. But at least BZT cashed up now ready to drive projects forward - as I’ve always said at this mktcap it only needs one to come off to multibag.
Must admit when we had the little rise I said to a friend I thought it was a precursor to a raise as you quite often see it. Anyhow GL all - hopefully CB can start to deliver shareholder value over the next year or so.
Thank you for the informative post Prickly - it sounds like it was a good night and great that Colin is happy to chat freely with people. A lot of CEOs are nowhere near as accessible! I really would have liked to have gone but things are a bit hectic for me at the moment.
Smiller - “He’s a crook man” is what you actually said! So don’t try and back peddle.
As for UFO I look forward to webinar- I know they can only say stuff that’s in public domain but I always think you get a decent feel by body language words used etc so look forward to it!
Added this morning and a few over the last day or so. Happy to keep buying AZ snd when other shares allow - particularly at these levels -
Highlights:
· Modelling and drill hole planning of data from Bezant's helicopter-borne EM survey, covering about 3,000 line kms along a 130km strike extent of the Matchless Copper Belt on EPL 5796 has highlighted at least four highly prospective drill targets
· The EM survey was designed to look for buried extensions of the Hope and Gorob-Vendome deposit cluster on EPL 5796, as well as testing the extensive underexplored potential through EPLs 7170 and 6605
· Two previously undrilled anomalies with similar signatures to established deposits are located in close proximity to the Gorob-Vendome deposit cluster
· A third undrilled anomaly 1.8km in length with similar signatures to established deposits is located along strike to the east of the Hope and Anomaly West deposit cluster
· A fourth target, approximately 2km in length has also been discovered in a new area with no record of previous exploration
· Arrangements for approximately 3,000m of diamond drilling to test these new EM targets are well advanced, with start-up planned for November 2021
I suspect tomorrow might be Wednesday lol. Do I get a medal if I am right!!!!
CB has already said Caerus JV etc will bring cash generation. But as usual a certain someone with far too much time on their hands likes to sow the seed - so that when CB mentions it again he can do the old ‘ I told you so’ even though it’s already been publicly stated in interviews etc!
Added another small amount- happy to keep nibbling while it’s quiet.
One thing it’s proved I suppose is ignore XRF initial results ( which I shall remember with other companies as well) - obviously copper there - be interesting when do they more work whether they hit it better!
One of the positive things about BZT is multiple projects- like I have always said we only need one to come off especially from current mktcap and we will be all good.
1Calyps0 I tend to have shares I trade( daily - the hot shares etc) and shares I hold with a longer term view. I look at Mktcap and future potential and BZT has always fitted that criteria for a long term hold same as GGP was snd EUA - I first bought GGP at around .45 from memory snd nothing really happened for a long time. Reminds me of here really as people moaned etc that nothing was happening/ lack of progress etc but I added where I could and eventually it went north ( then came back down) I suppose my point is - junior explorers are slow burners in general. That suits me as I don’t have to micromanage them - just add on dips as and when.
I have read it a few times and I tend to agree with the statement it’s better to keep 27% of a massive Tier 1 project where something should actually happen, rather than be diluted right down to keep a larger % of something that may then not happen. Longer term that 27% could be worth an awful lot if you are happy to play the long game - which some clearly are not!
I have added a tiny amount more today as just a storm in a teacup in my opinion- longer term all good. I will see if I can buy any IDM when it lists on my Aussie account.
P.S at least this sycophantic investor actually has major skin in the game! Unlike some who just have a hardon for CB lol! And love their own self importance/ Bizarre is not the word!
I bought more as well - once traders/warrant holders flushed it will head north. Today was brilliant news.
I added a few more today… feels poised to make a decent move soon.
Pretty much repeating the same thing over and over … and over again. We get it, you don’t like CB ,or the company and that’s why you sold out! But sadly for you some of us do believe:)
Glad I don’t comment on every share I have sold or it would be a full time job lol !
Smiller just for info I think anyone who was in Arian silver before it became Ufo would say similar- as not a lot happened for yeaaars!! And the management payed themselves millions. Up to a point it’s irrelevant what a company has done before. There are literally hundreds of companies where their share prices were way higher than they are now - if they still even exist - some don’t. What matters is - is said company in a better position than it was? Can I buy now and make money? Do I believe share will be higher in the future? If yes, then all good.
Share trading is a lot about timing entry and exit. And sometimes you’ll get it right, sometimes you won’t. If it was easy no one would make any money!
I’ve added the last week or so as well- I am usually guilty of not always keeping dry powder, but it’s situations like we have had recently where it really pays to have some funds. Hopefully, the whole sector will start to pick up again soon.