Member Info for RMc2407

Yes. A transfer. Rather a lot of that going on. Charles Watson, Helen Johnson and Morgan Stanley clients who all had large holdings now have none.

And no. There won't be any mining in 2025.

I share the amusement at the ludicrous theories about the SP of this non business.

There is very little interest in this company. It's just a lab experiment.

Volume is tiny. The average monetary value of each day's trading is less than £62k.

At present it's a rotten investment. Chances are it always will be.

We know the CapEx involved now and it's not a particularly onerous sum.

The SP will continue to struggle until we know the extent by which earnings will be diluted by the finance put in place, so all I can say is get a move on.

It's been marked down this morning on little volume. I've taken the opportunity for a top up. Be rude not to.

All resolutions at the AGM have been passed.

So my vote to remove Colin Bird was in vain.

We await Prickly detailing the excuses for the total lack of progress.

Is Prickly our man on the spot today?

I'll be disappointed if I don't see him on Youtube with a microphone.

The £4.50 price target must be from ages ago. The last time this crock was over a pound was in 2007 after a 20 for one consolidation the year before.

Searching through the Investors Chronicle archives I had a good chuckle. On March 20, 2013 Simon Thompson was recomending a buy at 25.5p.

Good ol' Bezant. Letting everyone down for decades.

No 6 sounds about right, but the excuse may vary.

Colin lost the company shovel on the beach.

Things must be quiet. The most boring discussion in share trading/investment has started.

That's something else to blame Colin Bird for.

I'm all for technical analysis, but in thinly traded, illiquid garbage like Bezant with no institutional involvement it's less reliable.

The really amusing thing 8ead, is your ignorance of how the stock market works.

Perhaps you'll improve when you've been doing it longer.

But you probably won't.

Market makers doing what market makers do. No point moaning about it.

Sudden rise on tiny volume. Something about to happen or are the market makers bored?

There is no shorting gang nefabeta01, because there are no shorters.

The average total value of transactions in this stock each day is £40k. It's too thinly traded to be a viable shorting candidate.

I've never held a stock that's gone to zero before, but that's what will happen here.

Thankfully, it was only a tiny starter position unlike the mugs who've sunk serious money into this mess.

The reasons being advanced for this debacle are laughable.

There is no short attack. There isn't the liquidity or the volume for this to be a viable short. Anyone not understanding that should be nowhere near the stock market. Go down the casino. You'll have more fun losing your money.

This isn't a business. It will never make money and it's burning through cash at an alarming rate.

Put this down to experience and make sure you don't go anywhere near Vlad's next venture.

If we don't see plans and finance before the AGM then this will be back in the twenties and the chairman needs to go.

Pedro seems to have spent too much time in the sun, poor lad.

Of course, those of us who've been here a while know what Bezant is worth, how much the value could be and are aware of the risks, so the squawking of our newly arrived drama queen isn't going to have much effect bar providing some mild amusement.

So much for a sustained rise. This has been struggling since the rare good day on 7th July.

That said, the percentage shown for the drop today is entirely false.

Yesterday's published mid price of 0.049 was an uncrossed trade with the correct figure at 0.044. The real drop today is around 3.5%

It's still dispiriting though, given the SP is nowhere near what's on the balance sheet.

I like the sound of that, Prickly.

Neat trick if he can pull it off.

It makes a pleasant change discussing how high this can go, rather than how low.

Good day today. Highest closing price since May 2023 and on supporting volume. Hopefully we'll get a few days of this and the SP will more closely reflect what's on the balance sheet, before we get a pullback as traders take profits and some of the longer term holders bale out.

Then Colin can tell us about his magic plan for financing H & G which will save him being lynched at the AGM.

A sensible spread for once. 0.04 to buy 0.0385 to sell.