Member Info for noto

As far as I can see. They still have no money short term.
They will need the current share price to sit as high as possible so that they can raise against it. I have no doubt they will be able to - question is for what price.
This is whats holding it back. Once done then yes it should be much higher.

And I think they even tried to blame Brexit too!

I wish I could just use the words it’s “a shame” ref market cap
I’m well under here like many others BOD (reshuffled new and old) have and continue to act disgracefully. For them to publish they are proud of their work is another kick in the goolies

Yep but how much can they raise and at what price?
Money doesn’t come from thin air...

An operating loss is expected in the year subsequent to the date of these accounts and as a result the Company will need to raise funding to provide additional working capital to finance its ongoing activities. Management has successfully raised money in the past, but there is no guarantee that adequate funds will be available when needed in the future.
There is a material uncertainty related to the conditions above that may cast significant doubt on the Group's ability to continue as a going concern and therefore the Group may be unable to realise its assets and discharge its liabilities in the normal course of business.

Insinuated in RNS
10-1 consolidation to 1p
Then issue @ 0.20?
Either way doesn’t sound good

Correction euz @ 0.015 managed to get £1m
CB getting the company on the cheap

£1m to be raised here @ 25% discount would be taken to keep us going another 6 - 9 months. I say us loosely, more to allow LR and CB to raid the kitty one last time.

Funding and diliution is the main problem here and it’s iminent which is why it’s breached 0.10 - another new low record congrats LR!

Will end up like EUZ. LR has let that go down to 0.02. He”s doing same here.

In a word no!

But it can only go higher than this, he says.

If you havent already you can join BAG - Bezant Action Group who will keep you in the loop more.

And who are actually more knowledgeable than LR who is a useless sack of S

Also just sold all my FOOT holdings, relieved to be out of that now.

Now looking to replace the stress with buying into another high street retailer - QUIZ , seem to be a glutton for punishment!

Not today though as think once the FOOT euphoria wears off then this will have a bit more to drop. My purchase being purely based on sentement.

Will monitor closely. Best of luck to you all.

Another cash call unfortunately!

Then rinse + repeat.

Try and put pressure on LR if you can and make it clear you don't want Toral to be another El Choco.

In the space of JUST 12 months at BZT LR had roughly £5 million for El Choco and then sold it for £400,000 and deemed a distraction.

He will unfortunately still be attractive to other companies due to his experience. Doesn't matter ref the shareholder value.

In simple terms Look at what Mourinho did at Manu, you think he's unemployable now? He was linked to Real Madrid.

That's just not how the world works

Another one of LR's lifestyle companies - £600K other expenses.

Sorry to see what he's done here with a perfectly good project just as he's done with BZT. He sees his Director roles as pure CV enhancers by building up his experience in mining. He doesn't care about whether the mine is profitable as long as he gets the analysis attributed to his involvement. He will then use this experience to get another director role somewhere once he sucks all the money out.

Difficult pill to swallow I know to feel done, but just take a look at the share price here.

Hope it all works out for you all

That’s based on old figures (jan 2019) before the share price halved !

This can recover but it’s going to need positive action from the greedy board.

Would be interested to see what peoples views are on this just to provide a more balanced view.

As mentioned I am a holder, but where has that money gone? Are they using it to subsidise the reduced cash they are receiving from their margins decreasing?

As if that rate continues they are out of cash in next 6 months.

And please balanced views only, no it's so undervalued, throw kitchen sink at it.

We are all here to make money - no need to keep spouting the same old generic ramping that can be applied to any share.

Yeah it really climbed those last 15 minutes LOL

This will likely retract more over the next few days, hence I'm still deciding on whether to top up.

I do like the potential here but am a bit concerned ref cash. They have burnt through 25% of their cash since their last update just two months ago January cash was 12.3 million now its 8.9 million.

I'd like to know where this has gone and where so quickly.

Not sure whats more embarrasing here, the posters or the share price.

Worse than a kids playground. "why isn't the share price going up" - "why haven't JD bought more"

Grow a pair - wait - be rewarded

Otherwise just ssshhhh

After all is said I keep having to restrain myself from buying another £1500 to double my holding. It's like supporting england, still believe!

I am up for the action group. Have a million shares which have gone from £15K to £1500 so not happy at all.

BZT is a one man band now. CB has clearly lost interest. Worse thing is we aren't even a one man band as LR has other interests in EUZ, RLD etc so we actually only have 1/3 of his incompetence on this share.

Not sure if the action group can do anything but its worth a try.

If it carries on as it is it will go down to 0.10 and then if that's breached forget it, this will never come back.

Perhaps that supposed £10 million low ball offer is looking more tempting now. I'd take it at this stage.

Every day it goes down 10%, sometimes on £2k sells, sometimes on £8k sells like today depends on how MM's are feeling.

LR's interviews are cringeworthy, have you guys heard them? He can't present and he has a nervous laugh. The interviewers just say "yes" to everything as they are so bored they can't even be bothered to engage as they have heard it all before.

So suspend until end Feb 19 before it does get to 0.05 like EUZ. Otherwise at the rate this is going we will be lucky to be bought out at 0.5p, let alone 2p! Whist its suspended gossip of being brought out could actually have us finishing a day in the blue on open.

Or perhaps like we've said before they want this to collapse so it can be bought on the cheap on mates rates.

Or maybe consolidation is on the cards to bring us back to 1p at 10-1.

LR needs to do something even if its a I see no reason for the fall RNS