RE: BZT30 Oct 2022 10:54
Cardo,
Agreed, CB need to deliver now for bzt holders, many have been here suffering for many a year some have only been here 2/3 years, which although a long period is not really, for a junior aim miner.
Look, I believe that Hope Gorob is on track, we await licence confirmation, but, the most difficult hurdle will be finance, which is what I believe is the hold up. I suspect CB would want the sp higher before any raise from shareholders ie dilution, therefore other forms of finance will be required, once the sp rises on news of this then should bzt need funds then it will be easier to raise at the least dilution. Even with 5B shares in issue there is no reason why the share price could not 10 bag from here that equates to 50M market cap, but with a copper/gold mine looking to produce, then this is achievable.
Therefore patience is needed, if CB is correct and he still insisted this would be up and running in 2023, there should be plenty of upside once the news starts to flow.
Then we have Mankayan 2023/24 targets and an IPO in 2023, hopefully, which will release substantial value for bzt!!!
Mr T