Member Info for RMc2407

In the red today.

On the plus side you can buy inside the spread at a not bad price. So I've had a small top up.

This link works.

https://www.youtube.com/watch?v=qcP_qUK53ZU

CB interview at 08:47

Prickly knows these things because he is a very sinister person.

I don't know if copper being on the critical list is a good thing.

I'd rather Dopey Donald was kept away from it.

Share price starting to tank now as confidence in this project evaporates.

I expected this to move more, but you can say that for a number of stocks.

I wonder if the fall in the price of gold is leading to margin calls and affecting liquidity.

The RNSs last week were everything we wanted. The CapEx is modest and can be repaid in four months. Then there will be nice looking free cash flow figures. Mr Market loves free cash flow.

Time to jump onboard.

Here we go!

Hopefully. No pun intended.

Disappointing day on less than average volume. Then again, there's a 100 page document that needs summarising by someone more impartial than the Roasties. More cautious investors may be waiting for that.

Progress is being made. We'll be fine.

RNS look good.

As do the first few minutes of trading.

I'm far from being an expert, but here's my take:

It would be logical for one of the majors to buy Bezant. For them the cost involved would be loose change.

Then if further exploration proved fruitful they'd have a major resource for a cheap price.

However, they'll probably wait until that further exploration takes place and produces a result before moving in.

The big money has already dropped the ball with copper. There was already going to be a massive shortfall in supply and now that will be worse with the disruption that's taken place of late.

A buy out would get share holders to serious profit sooner, but if it doesn't come we're still going to be ok and the SP rising gradually gives plenty of opportunity to add some profits from trading.

It's the small Capex at H& G that's significant for me - and that it can be paid off quickly.

Once the free cash flow numbers look good, it will attract more mainstream investors.

No, it's not a sure thing - it never is, but it would take a significant hiccup for things not to work out well now.

Pricey - You've probably noticed Kefi Gold and Copper. Funding announced. SP plumetted for reasons not obvious.

Sausages - Your trades may be on the other exchange. That's happened to me before now.

Welcome back kwadoku.

We're celebrating the SP moving back to 0.1 (again) because we bought heavily at 0.02 when you could buy a million shares for slightly more than a bag of chips.

I'm 100% up on my entire holding and nearly 400% up on the cheaper tranches.

Now we wait nervously to see if Bezant can make the non too common transition from explorer to miner.

I know you'll be rooting for us.

A jump in the ask and some early volume. Hmmm.

Long interview with Colin Bird on the latest Sunday Roast.

https://www.youtube.com/watch?v=v7iHc3FHjec

Segment starts at 38:55. Nothing new here but good to hear him sounding so stoked about H & G toward the end.

Last time Zak Mir predicted anything for Bezant was in 2021.

He reckoned 0.7. At the time it was around 0.3

Then it plumetted.

Https://thatstocksguy.substack.com/p/bezant-resources?r=28f0br&triedRedirect=true

The ask goes to 0.1. Wow.

This isn't acceptable.

- We'll be mining this year.

- We just need the license etc.

Obvious lies.

All you can do is vote with your feet. I've started to trim my holding. I suspect others will follow suit.

Yep. RNS due.

"Weather quite nice."

Interims due tomorrow, provisionally.

I'm quite surprised that the share price is holding up in the face of radio silence.

Interim results are due next week, which would be a good time for Colin to reveal his fiendishly clever finance arrangement.

The chart is primed to move to the upside.