RE: Colin Bird steps down as chair of JLP16 Dec 2021 14:18
Bahrain,
Agreed need him to fully focus on bzt for at least a couple of years, in which time, we should have Mankayan listed with a valuation and in a position to cash in some of that value, Cyrus may well be an up and running mine with income coming in, Hope should be in a better postion than it is now for sure with a JV a possiblity, Kalengwa, again the test will be to prove up the asset, again, should be in a much better position that it is currently, then there are other interests still in cold storage if you like, but as everyone with a good knowledge of bzt knows, we only need one of these to take off to see our m/c rocket.
Mankayan will certainly be the catalyst to a significant rise in the sp here once the 25yr extension is agreed and IDM have listed on ASX, then we will know the value of our 27.5%!!!
So if Mankayan is all done and listed, lets say by June 2022, the sp will certainly be 4/5 times the current level, thats me being pessimistic!!! as it could be higher. Remember 1p equals m/c of roughly £49M which is nothing realy for a growing copper and gold outfit with significant assets on its books. Its all about proving these assets up though as anyone with any knowledge in this field will tell you.
Here's to a much better 2022, as for Covid, well I'm not concerned about that, the only negative for me, is that, the licence extension application for Mankayan is obviously being slowed up in its process, but will get there in the end.
Mr T