Member Info for MrTriumph

Irish

Think he meant when bzt do a raise offering us the chance to buy? Why when the sp always falls below the issue price????

So how much is our investment worth now?

Mr T

Mikey.

No volume no interest yet again. The market currently doesn't believe a word of anything CB issues? Also no accrued value for ouf Blackstone investment? This was actually spelt out in yesterday's RNS current value 5.8M but no uplift in the sp?

I was wrong it didn't hit 0.05p the minimum in my opinion it should be valuing us at roughly 6

5 to 8M of which nearly 6 is the investment?

Yes there are debts but our uplift in the investment should have seen this go on a little run, a rerate, if you will?

So let us hope I am not right about other things and this remains trading where we are for thr foreseeable.

I believe some corporate updates are due and CB needs to do some City mingling to get the story out there if the story is accurate. People and traders need to be informed and pronto as to the actual potential of Hope!!!

Mr T

It's not a large drop

As I said the closing price was 0.035p on Friday????

Let's hope we are not about to be diluted? Over a Blackstone??? That would put the tin lid on it?

Mr T

By the way the current sp is 0.035p not 0.039p that was a UT trade on Friday which was not the closing sp!!!!

Mr T

Look further down and the issue is 15.85b do a typo!!

Mind blowing numbers me thinks?

Let's think about some realistic share price numbers and it ain't nowhere near those?

A good target and top target would be .30p which will value bzt at roughly 45M!!! Is that possible?

I don't know, one thing is for sure though the sentiment on AIM will have to change and quick.

More news tomorrow I suspect of the finalisation of the IDM deal when we will have a true valuation of our investment.

Mr T

EI

Agreed.

Also awaiting quotation to the value of IDM shares which will firm up our value?

I'm disappointed again though as my target .05 which was a measly target in the first place doesn't look likely at the minute? Give it until Monday though as that's the overall completion date.

Mr Market needs to wake up or be woken up to the extent of the uplift in overall valuation here.

As it stands H& G is currently valued at NIL which quite frankly is ludicrous!!

May see this blue by the end of the day.

Mr T

Yeah tell em they can have it for 50M !!!!!

Mr T

Prickly

Very droll!!!

Correct though wasn't I?

Not a very impressive response from the market today really? Up a measly 11% !!! Trades now falling back?

Let's see if my .05 is reached next Monday???

50/50 is my guess?

Mr T

EXTRACTS FROM RNS June 2024 12 months ago!!!

A leading contracting group has provided a final set of competitive unit costs for mining, ore haulage to the ore sorting plant, haulage of pre-concentrate and the transfer of a final concentrate to Walvis Bay for export. Individual unit costs are in line with costs used in financial modelling.

· An international engineering group has confirmed its' readiness for the construction and installation of the front-end crushing, ore sorting and conveying circuits. With offices and workshops located in Swakopmund, the group is well-placed to complete the project and provide continuous support and maintenance services.

· Preferred engineering, construction, and project management ("EPCM") supplier has been identified and proposal received for the upgrading and repurposing of the existing available flotation plant and Tailings Storage Facility ("TSF")

· Technical design and costing of a hybrid power supply solution including renewables for the mine site has been completed and discussions are underway to finalise a Power Purchase Agreement ("PPA") for the installation of the bulk power supply.

Commenting on progress, Colin Bird Chairman said "We are pleased we have completed the chain of contractor services that will make up the Hope & Gorob mining operation. We are delighted with the feedback and response from the contracting community, and we look forward to working with quality names in a quality jurisdiction on a quality project.

In essence all the components required to start a new project are in place and the Hope & Gorob has the makings of a pathfinder project for Bezant's mining aspirations in southern Africa.

The project will be launched with a modest and readily achievable output of copper together with a well-recognised potential to grow into a medium scale operation and accordingly we intend to divert cashflow into a significant exploration programme, the success of which will benefit all stakeholders".

So all ready to go apart from the finance package being disclosed.

Mr T

Updates as stated in the Blackstone update on 18 June?

I would have though an RNS to be issued to confirm these dates have been met?

Mr T

Irish

Do you really think the Blackstone investment will be cashed in? I don't?

Good news again today but a small rise not the 50/100% some were promoting?

AFP up 20% on the same news????

More good news should arrive Friday and next Monday so we should see this to at least. 05p as I said last week.

If anything I believe the H & G project will be financed from outside sources as discussions have been ongoing for many months!! The investment would then be an asset on the balance sheet as a fall back if working capital requirements are needed to get the mine up and running, next year by the way not this?

With any new business working capital is required and plenty of it? So to avoid any further hefty dilutive raises use the allegedly arranged outside finance and pay off as income starts as agreed with the lenders?

Now there should be plenty of buying over the next few sessions but sellers will keep the lid on this for the time being but things do now look a little better going forward.

Mr T

Irish

"Our time is coming"

When pray tell?

I as I assume you would think it should be this week leading up to our mega deal whereby we will own an investment worth more than the total company value !!

But no nothing? Nada? No trades no buying no input from our great hope CB and to boot we are again going down, admittedly on zero trades??

Maybe tomorrow!! Good song that?? Or maybe Monday Monday another good ditty!!

Very very disappointing so far, but par for the course so no surprise.

Mr T

Tarquin

I don't think the 50M sell printed at the end of the day is traders????

Yet more B S.

Mr T

Irish

Somethings brewing?

You been on the Guinness again?

Next week should be the week should it not or early the following?

Then once the deal is done we move onto Hope?

Nothing then to stop us moving forward is there,or are we still awaiting multiple licences? How many do we need???

Anyone selling now is mad but they are and the sp is again down??

Off to the sucker now but nothing to celebrate, again!!!!

When was the last weekend we had a celebration of a good week at Bezant? I think God's dog was alive then!!!!

Mr T

Prickly

Wind your neck in, youre not the sheriff of AIM!!!

There is one but I forget his name. He's a plum though!!!

If it's good news why oh why is the share price falling back? It should be shooting up should it not.

I think it's time the rose tinted spectacles were removed old son.

Mr T

Unbelievably with all the so called good news on the horizon we are down, again???

This should be rising not falling but unfortunately fir us there are no buyers coming in.

Hopefully next week will be the week!!!

Mr T

Tarquin

That's nothing, if the valuation of our shares is 7M we should be valued at 10M plus easily if the Hope Gorob hype behind the scenes is true?

05 only equates to our Blackstone holdings and nothing else!!!!!

I'm hoping that following the Blackstone conclusion next week we will see some real corporate activity here. The only problem is we have very few people to do it? That's the real issue?

CB is tied up in top many other projects look at AFP that's going nowhere also despite being ahead of bzt?

Let's wait and see.

Mr T

MFM

Yes every need old son!!

Sarcasm you can't understand?

If we mine this year I will donate 100 quid to the charity of your choice old son.

The merger will happen but as someone pointed out we had Mankayan all to ourselves at one point and bit by bit have given it away?

I doubt finance will be raised on the back of a moving current asset? Would you lend us 5M against an asset worth let's say 7M but in a few months could be worth 3M? Which bank in your world operates on that basis?

I've been right so far this year, our market cap has barely moved the best I forecast by the end of June is 0.05p at best!!!

You keep on believing though it's good for the soul old son.

Mr T

Nobody has a clue?

Could be 2, 5 or 7million???? Or 10 million

Apparently finance has been discussed? With various investors but again we are all totally in the dark.

Remember though we are mining this year at some point??

Mr T

Agreed Irish.

One eighty something bloke running multiple companies listed on AIM is a joke!

I keep on saying we need some new blood here to dynamise the company?

Basically nothing is happening because we do not have anyone with focus on this company?

It should be shouted from the rooftops we are about to uplift our investment in Mankayan to 6 7 or 8 million? And we are valued at????

Hope should be moving forward with haste now?

Remember we are mining this year!!!! But deadly silence??

This is what drives me mad?

Good news on two fronts but nobody from the company gives a F!!!!

Then good news is released at the end of the day to be completely forgotten when the market opens tomorrow?

It's as if someone is willfully damaging the share price?

Mr T