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sos
good points!!! sell it, but would anyone buy it?
i've noticed recently that all these small stocks involved with the so called green tech revolution actually do eff all as far as their share prices are concerned.
i have thought for some time that the ev revolution is dead in the water,
if the stocks involved in the battery ingredients required , were, say to find, gas or oil reserves, their share price would rocket!!!!
we keep finding copper and all sorts of ****e, but the market isn't interested. its the same with lithium!!!
my view is all this ev revolution will not work on a mass scale, certainly not in the uk, the infrastructure is not fit for purpose.
bzt has several major resources but if they were that precious why doesn't some major buy it!!!!
mankayan has huge resources and is described as a world class asset, why then can't they raise enough interest to float the bloody thing!!!
i liken the ev nonsense to the diesel nonsense 15 years ago in the uk, where now all you hear are claims. my diesel claims because the car manufacturers and the government lied to the public!!!!! the same i belive is happening all over again with ev's.
lets hope i'm wrong and bzt can actually move one project forward, hope being the one, remember there is also gold involved here, which would interest the market. the proof will be,if and when the licence is approved will finance be on tap, ready to go?
dont get me wrong there will be a requirement for copper and we appear to have an abundance in our portfolio, but, don't expect the market to start jumping up and down and getting excited as they woukd if it was gas or oil!!!
mr t
Where?
Good rns today, but more testing and waiting I'm afraid.
No reaction from Mr Market and no rush to buy bzt shares.
Colin needs a silver bullet rns here to wake the market up and get some movement and interest, licence anyone?
AGM this week, let's see if any more news is released prior to that.
Mr T
Canary,
"It's interesting that the people who seem to hate electric cars are the ones who do not own them".
You are missing the point, the people do not not "hate" EV's, what people such as I and many millions hate is being dictated to by idiots who run the Country and suddenly come up with idiotic plans like stopping the sale of petrol and diesel cars by a date dreamt up by them with no thought as how this might happen or if indeed it can happen. It obviously will not happen, it is just politicians making statements with no thought behind them.
There is nothing wrong with a pterol car in fact with the huge reductions in emmissions over the past 10 years they are greener than an EV, a diesel is another matter, I have never been a diesel fan and predicted back in 2010 that there would be a problem following yet again an idiotic government intervention with promoting diesel vehicles, look how that went?
I tend to live and let live, there is room for all types of vehicles and people should be free to choose especialy as the one promoted by the experts and government idiots is not currently fit for purpose.
EV's will not replace petrol or in fact diesel for many decades if ever, just think about it? Lorries who do hundreds of miles daily, coaches, again the same, motorists who regulary travel 60K to 100K miles p.a? how on earth can you currently replace all of this with battery technologhy? that is without taking into account the sheer cost of buying or leasing the things in the first place.
The EV lovers are usually quite rich so can afford a Tesla etc? and also own another car!!! because they can afford this also.
Mr T
Yes, someone I know spent 120K on a Porsche EV, after 12 months it is worth. er, £53K, the person is therefore in debt by £27K on their finance arrangement as he owes £53 plus £27K!!!!
They desperately want to get rid, but can't!!!
Mr T
Pricey,
Why cannot BZT shareholders be updated quarterly on the progss at Mankayan!
There is a current BZT director on site 24/7 I assume so should be difficult. We opwn 25% or thereabouts, of this asset, but, currently we do not know anything about it? or certainly no recent news/updates?
Question, are they actually doing any work?
We contributed to a cash raise not long ago, therefore I'm not sure why we do not have updates, if we are putting cash into the thing we surely should receive some updates!!! imo.
Mr T
Thanks Pricey.
Steward,
"Whether you agree that there is climate change or not, these kinds of headlines and experiences will push more people to switch their cars to EVs quicker... and CLON are perfectly positioned to benefit"
I'm afraid I disagree, do a search on You Tube of individuals running EV's and now want to get rid of the things. Some have lost thousands on their outlay, and I mean thousands!!! read some of the latest articles in the press?
There is a place for EV's but certainly not on mass and certainly not in the UK.
Oh and the other mad expenses with EV's, Tyres, they shred them??? weight etc???
Yes there will be a need for lithium, no doubt about that, but the mass hysteria surrounding EV's is well over the top, will not happen imo.
Mr T
Asimple
Fully agree with your synopsis, to be honest I can't see what all the noise is about. This is currently trading sideways between circa .14 and .10. It appears some thought there may have been news at the recent AGM, anyone thinking that clearly does not understand investing in a PLC!!! and will be losing money hand over fist.
Q3 is the news month so anytime between now and the end of September will give a clearer view of where we are, I'm positive it will be all systems go as I've seen or heard nothing yet to make me believe otherwise.
Mr T
Every
I agree, but to be fair Q2 has only just ended, and the results although it would be nice to receive, are meaningless until the licence arrives.
Therefore, even if the results were mind-blowing, market reaction will be muted without the licence!!!!
I now think focus should be on the licence, I'm sure work is ongoing but maybe not as quick as it would have been if we had received the news we wanted re the licence.
Mr T
Well. that didn't last long did it!!!
Two days of excitement and then, nothing!!
More silly small trades today and back down by double digits?
Lets hope we are still not sitting here this time next year awaiting licence news, Colin, can we have an update please before the AGM, otherwise it could get fiery!!!
Mr T
Pricey,
I am not attending, but I agree with you, why do we as shareholders keep paying out fees for no improvement in any of our projects!! and as I keep on referring to why cannot shareholders be update on a quarterly basis in respect of Mankayan, Ronnie is a Director of BZT, he is based at Mankayan, therefore knows what is going on! is it me?
In fact I will email the company in this regard, I have a contact name now following my emails last week in respect of the typo erros on the FS.
I also requested a copy of the detailed profit and loss account for 2022, being a little cheeky I know, was told these are not freely available to shareholders of plc companies!!! This would tell us exactly where and how the cash is being spent and why these raises/loans are required without any progress being made on projects?required.
I will vote against Resoulution 3 also, dont think it will make any difference, but, at least it shows some input and dissatisfaction with the way these fees are paid.
Mr T
DVH,
As you and I both know, this had fallen to lows we didnt envisage!!!
Therefore long way to go here before getting excited. Once we breach double digits and start heading off towards 0.20p then I will start to get a little excited.
Mining licence update must be imminent, is it to confirm or to inform us there is a further delay.
Once the licence is approved and issued then the next hurdle is finance, circa £5M required to build the mine and get it up and running. We have been in discussions for nearly 12 months with prvate investors, therefore if they have been fruitful then financing the mine should be quickly resolved? however as we know these things can be held up with various delays etc.
CB did infer we would be mining in 2023!!! I think that was pre the licence hold up due to changes in the Namibian Government, however, he did say this!!! So he must have though the finance part of this was going to be agreed. Question, will BZT be required to put some funds into this, I think so, therefore this capital will either have to be raised via a placing, hopefully at a much higher sp than the latest raise, or our famous shareholder will stump up more loans?
Mr T
Watching, wow, thanks for sharing!! I dont think I would cope not knowing this!!
Although as anyone with more than two brain cells to rub together will be aware, there is of course no way of veryfying your claims!! is there old Son!!
I could post on here, oh I sold on Tuesday and made 100k profit!!! or lets make it a million, round it up a little!! shall I! god I'm clever, give myself a pat on the old back shall I.
Do you get it yet, when anyone not just you, posts such utter dross which is meaningless and repetative you are merely wasting your time and setting yourself up for ridicule and looking an absolute fool.
Therefore keep your trading secrets to yourself, they are personal, for no one else but you!!!
Mr T
Gordonbennett!!!
One of my favourite catchphrases is that!!!Good volume today, why? IS THE QUESTION.
One thing I do know is the licence approval for Hope-Gorob is due this month, 12 months since our application, usually the longest wait is, 12 months!!!
This should be circa 0.10p at least, which would still only value us at £7M peanuts for the assets we have and below our Nt Book Valuation on the balance Sheet.
Hope-Gorob, Mankayan, Eureka, Kanye!!! plus more and we are valued at zip?
Hopefully this is the start of a rise back to double digits for starters and then beyond.
Bird still thinks is a 100M company in the making!!
Mr T
I see so much carp posted on here primarily by individuals who either do not hold stock or have told everyone they have sold!!! why on earth we need to know is beyond me, is anyone interested, answer, no, does anyone care, answer, no!!!
Then we have the usual headings of "pump and dump" another load of bilge I have to say from school children who quite frankly should be in school!!
Now lets get back to reality, until Clon update the market then the sp will trade sideways, as it has done for weeks now. There may be a point if there is a leak then the sp will shoot up but you will only have this with large volume!!
Sit back, relax, enjoy the summer, oh its freezing here, never mind thats Global Warming for you!!!! lol.
Mr T