Member Info for prickly

Mr T
I think everybody who can be bothered to request them should have received the notes from the last meeting..
BTW I am as miserable as everybody else who has lost his or her shirt in the company. Until l we get the licence and we start digging. i do not feel inclined to carry on averaging down any more. My last purchase was a few weeks ago at .07. As Cardo picked up I said on the XTR board that nobody takes any notice of what CB says any more. We pointed out to CB in the meeting that nobody believes in him or what he says . He said it was the same for all AIM companies . He is not a crook as some folk suggest but his optimism verges on the reckless at times . On the plus side There is serious income arriving at XTR and good prospects at GLR which is about to start production. Even Bezant is worth a punt at this SP and if IDM manages a trade sale BZT will get a serious boost and if Hope Gorob gets going this could be a brilliant entry point. Difficult to remain enthusiastic when shouldering such a huge loss though.

I am impressed with the analysis on this board. The deal we have at Manica which allows proportionately more income as the POG increases is looking very promising so I have bought more today . Am still showing a 20% loss but this is the best performing CB share at the moment. Shame CB has lost all credibility and his companies are being massively discounted but the hard facts of gold production mean we do not need to rely on the chairman's forecast any more.

Morning Mr T
We had our discussion yesterday with CB. The delays in the announcement of the licence at HG are frustrating but we should not have to wait much longer.
The notes should be with you soon. Have a good Easter.

This practice is quite common nowadays in corporate circles and and not unknown to our royal family.

Mr T. I agree with Cardo and there is not much I can add as we are all hugely disappointed by the BZT SP of late.
Our next talk is not expected until the end of the month and nobody knows exactly when the ML for Hope Gorob will arrive. I am confident it will appear by April or May as they seem to be taking approx 9 months from submission (august application) When it arrives CB will announce in an RNS how he intends to develop the project. Ultimately I think the SP will only seriously improve when we/ CB lays out the mining plans for the open pit . Copper price is holding up well and despite all the doubts about China reopening it is the price of Copper which will sustain this project and many similar ones .

CB very enthusiastic about Hope Gorob . I am glad he is sounding out various potential partners prior to official notification of licence. We need to be in a position to react quickly. BZT needs to move fast if we are to start production this year as planned .

in trying to unlock the issues surrounding BZT” These are CB’ s words taken from the notes of the last call we made in January. Cardo you may doubt the sincerity but this is what he said.

Yes Mr T micro caps like us and other CB companies get hit with large spreads as MMs do so little business. On the other hand Majors like Rio Tinto can be bought or sold with a tiny fraction of a percent . Say 6018-6020 bid ask.. Mind you they turnover more in a minute than all the CB companies do in day. Approx 75000 quid. Different world eh?
AS soon as we receive the licence and CB announces he has a finance deal in place then we should start moving. As he said in his last call he is chasing this BZT project every day. Meantime I am getting a little weary of all the experts warning us of a looming copper shortage as it has had zero impact on BZT but I guess it will at some point and then it will hopefully seem a very good idea to have invested in copper explorers. CB owes the LTHs in all his companies as we are still waiting for one major project to come off big time.

I suppose it is a little optimistic to to expect Zimbabwe central bank to be a reliable custodian of an easily pilferable valuable asset .But we live in hope.

Couldn’t agree more that the crypto coin digital currency frenzy is a ponsi scheme . Block chain technology may have some merit but bitcoin ethereum etc is as Warren Buffet says “rat poison”.
it is easy enough to lose money on Aim . I don’t need another way .

As I am invested in BZT XTR GLR and African pioneer.I have according to CB a serious series of copper call options. I think Kendrick is the only one missing . Probably not such a bad omission as they do not seem very happy with Kkendrick SP on the BB. (They are not too happy at BZT or XTR either, mind you). Putting aside the concern that CB has too many irons in too many fires there do seem to be quite few synergy benefits in using the expertise from his team across the range of similar exploration companies.. Martyn Churchouse is obviously a trusted colleague and he has been assisting CB for some time as a roving consultant with his multiple Southern Africa projects. The bust up at Caerus left BZT without a JV and Martyn without a full time job. Now esconced in the smallest of the CB stable (although BZT runs in a close second in these stakes) I presume he can be called on when necessary to provide expert advice when needed. I am happy with this as I am concerned about CB's single handed abiilty to keep on top of so many projects. I am all for running a lean machine but CB takes this to extremes.. His enthusiasm, breadth of knowledge and energy remains impressive nonetheless.

Interesting to note that VAST resources has skyrocketed today on news of increased production at its Romanian copper mine.
this is a small mine comparable to what we envisage at Hope Gorob .
Vast has other mining interests abut so does BZT . Also Some rough diamonds locked away in a legal dispute for many years may be about to be handed over which may be a factor as well in the meteoric rise. Anyway good to see what happens to the SP when a company finally gets into production

Have similar wife investment problems. Am constantly giving my opinions on shares and she ignored them all but picked up on BZT three years ago and put in £5k which is now worth SFA. Everything I say now is given equal worthless rating as she sits on an inheritance being eroded by inflation. Very annoying.

Although CB had no concrete news the Hope Gorob Mining Licence process is very much alive and news from Mankayan can also drop at any time. With the steady increase in copper price I have added a few today .

Clearly XTR never reached 10p . Not even Kwaduko would claim this. And I doubt if Cela bought in at 1.5 either. There is however every chance that this CB company could reach 10p and beyond .given it is a micro cap at £7m which so much going on.

Hi Silverknight
I am a little more recent than you as I got involved after meeting Ed Nealon six or seven years ago and liked his idea of a platinum mine and his plans for expansion in El Choco. Sadly the mine was mismanaged by ED Nealon, Laurence Read and Bernard Oliver and we ended up with assets being sold off for a fraction of their costs amid talks of flooding and locals helping themselves. This was after we had already produced some platinum. I never fully understood how it all collapsed but CB was not interested in this rather outlaw style operation when he joined us and we moved to safer jurisdictions . After a couple of false starts in Kalengwe and Cyprus we now seem to be homing in on a potentially lucrative small copper mining operation in Namibia.. The mining licence is "imminent" and an open pit operation alongside a potentially much bigger operation is quite an attractive prospect. I rate the probability of this happening (in the sense that we start producing ) at around 65% next year .If not I shall be quietly dismayed and will bow to the cynics and naysayers like Snoop and Kwads who see CB as something between Bernie Madoff and Ned Kelly.

Mr T we are indeed due a call . However I have asked if he would prefer to hold back until news comes though on the ML approval at Hope Gorob. There are other areas to discuss such as Mankayan but this is not really within our control and any manganese results would be announced via an RNS.

I used to have a fair chunk of XTR shares (approx 1m) but sold out a short time ago before the fateful RNS as I needed the cash elsewhere. Fortuitous and not for any premonition or worry about the company's performance. Like everyone else I was dismayed how short of our target/threshold of 2mt we ended up but I think at 1.1-1.3mt and with $5M usd from Manica projected i think this has been oversold and am happy to be back in again at the current SP. I am also in BZT GLR and African Pioneer. So a bit of a Colin Groupie but mainly a copper fan.

At this meeting CB gave a fine campaign style speech about the progress at Bushranger . The general impression was that the 2mt threshold which should trigger the Buyout option had either been reached or was about to be. There was much talk of what price BR should sell for and the figure of 25p or 5 times the current market cap was bandied about.
I like Colin and have met him several times. I generally consider him to be a little enthusiastic at times but fundamentally honest, So the revelation that we are woefully short of the 2mt target was a shock to me and a huge disappointment . It clearly was to everyone else here. This massive shortfall has undoubtedly damaged his credibility and cost a lot of investors a lot of money. I agree with the suggestion that he should set up a Q & A session along with his team at BR to explain what has happened and why the situation has been allowed to drift without any indication that mining prospects were not nearly as good as we had anticipated. His podcast was also disappointing . I think he owes us a better explanation.

I see the great algorithm censor has removed the first four letters of the opposition team on Sundays T20. How daft is that!