RE: Bzt7 Jun 2023 19:25
Silver
It may be a huge project but, it has been on the go for many a year.
So what is the plan. It must be to raise finance to take it through to production, via either a listing or private/commercial finance.
It is stated to be a world class asset, therefore if the case surely investors will be interested?
AP are in the process of concluding finance for their mine in Namibia, therefore why wouldn't you raise the required funding for Mankayan?
Now your point regarding no benefit for years for BZT is a little misleading isn't it or negative. If an IPO was announced tomorrow I'm sure BZT share price would rocket. Then we will have opportunity to sell all or part of our 26% on a listing!
So I would say any benefit could be huge and immediate for BZT but we are in limbo?
As for updates, you are correct, which is my point really, if not a listed entity and we hold 27% what are the reasons we do not receive updates quarterly. There are no listing rules to follow for Mankayan, its not a listed entity, as there are with RNS's from listed entities, therefore I cannot understand why on earth bzt cannot update the market and us through an RNS from BZT. Is this breaking any rules? I don't think so.
It appears lazy to me to not issue any such updates, we know activity is ongoing, we know our man out there is a BZT director, he must know what is going on. This appears to all be kept secret and BZT as a shareholder are being kept in the dark? Do you believe this?
If you were a shareholder in a private Company would you not want to know what the hell is going on!!! I certainly would, its my money??
So I ask this question to anyone, what is the point in holding a share in a world class copper asset but receiving no information, news or anything about the bloody thing?
I can't understand it, perhaps someone has the answer?
Mr T