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SPREADEX LTD .. just got 45% more shares

Production The Board is pleased to report that not only have the Company's daily production levels increased significantly but it is now achieving these levels consistently and approaching Kareevlei's monthly target of 25,000 tonnes. Production in June 2017 was 14,427 tonnes compared with 9,769 tonnes in May 2017. In June, production levels continued to grow such that average hours worked per working day ("Daily Uptime") in the last two weeks of June was 15.2 compared with an average Daily Uptime for the whole month of 11.6 hours. Average Daily Uptime for the period March 2017 to May 2017 was 6.7 hours per day. As noted in the 2016 Annual Report, the Company is in the final stages of negotiation with one of its significant shareholders to provide a loan to acquire certain new replacement plant. The Board expects that, combined with reducing operating costs, the new plant will improve the consistency of Kareevlei's production even further as it will replace unreliable equipment which has been historically a major cause of stoppages. Further updates are expected to be provided later this month. just get better and better ..read back at the rns ... a lot more to come..

how good is that british bulls site Is it 60 70 90% good with the market.. cheers

2 x£20,000

£20k

20k at 1.99

Code 1 If anybody believes in it

Sorry phone's playing up Big spread putting people off buying this the company is growing fast in this industry and 68% of the shares are out of public hands The research so far that I've done on this company it's pretty good just need some news also find that small trades sends the SP rocking .

Don't underestimate this company. massive spread. don't want people buying this Grown fast in their industry and 68% of the shares around public hands research on this company is pretty good so far

67% of shares Ordinary Shares not held in public hands..

news must incoming .. look at the rns from 2012 to date .. all good

Platinum market- World Platinum Investment Council I thought it might be useful to share a really interesting presentation on platinum from this year, gives a real insight into the platinum market/C40 emissions impact and supply/demand. THIS IS NOT FROM BEZANT BUT THIRD PARTY https://www.platinuminvestment.com/files/224537/WPIC%20Presentation%20-%20PQ%20Q1%202017.pdf http://www.platinuminvestment.com/files/224537/WPIC%20Presentation%20-%20PQ%20Q1%202017.pdf

Bezant Resources (LON:BZT, 1.95p) – Speculative Buy Bezant Resources announced yesterday that a gold and platinum sampling programme is currently underway at the HGE-082 licence located approximately 4km from its current mining operations within the Choco project in Western Columbia. Bezant has an option over the HGE-082 licence comprising 91ha compared with the 75ha of the FKJ-083 licence currently being mined. The Company has over 2,659ha under licence covering the extensive gold-platinum placer fields in Choco, where platinum was first discovered in the 19th century. Following recent commissioning of its first mining operations on the FKJ-083 licence, Bezant is pursuing a low-cost expansion strategy by building a series of production plants for under US$500,000 in construction costs per plant that can be rapidly deployed and fed with placer gravels. These plants can be easily disassembled and redeployed to new areas. Test pitting and sampling activities are currently underway at the HGE-082 licence to test throughput suitability and placer spreads for future implementation of mining operations. Our View: Bezant continues to deliver on its strategy of developing a low capital intensive gold and platinum recovery model. The investment case is based on the construction of multiple modern and low capital cost operations across an area of historical alluvial platinum production. Bezant is currently producing from licence FKJ 083, but has a large footprint under licence in a region with widespread platinum and gold alluvial deposits. We look forward to updates on the current operations as well as exploration results from HGE-082 licence. In the meantime, we maintain a Speculative Buy recommendation on the stock. Beaufort Securities acts as corporate broker to Bezant Resources plc

MJ great article on costs ‘Mining has changed since the downturn. What was once a question of, ‘how many tonnes can a company produce?’, has become, ‘how much does it cost to produce that tonne of ore?’ http://www.mining-journal.com/financeinvestment/companies/minings-cost-competition/ Mining's cost competition – Mining Journal

Platinum overview One of the things we keep an eye on at Bezant is that while demand is great it is the weakening in the mining, 80% of which is in South Africa, and the refinery outages due to power and refurb. We are hoping that by building a small, but at surface and ‘simple’ extraction model we are well positioned to produce cost effective platinum into the market with good IRR

Bull run now Held at 161 next target 225 brake that up to 4p Check out charts on Vox market

Bernard Olivier, CEO of Bezant, said: "With commercial mining operations recently commenced, Bezant is now assessing the gold and platinum recovery potential for the other licence areas comprising the Choco Project.” He added: “We look forward to updating the market on our current mining operations in the near term as well as the results of our exploration activities once completed and interpreted.” The Choco region of Colombia is one of the largest precious metals placer regions in the world and Bezant is believed to be the first company to employ modern mining operations in the area, the CEO concluded.

his project is now fully established with first sales from production expected to occur during Q3 2017. Bezant anticipates a grade upscale as production progresses down to the higher-grade platinum and gold bearing gravels followed by a planned ramp-up at the first processing plant to coincide with full production. The Company will closely monitor the success of its first production ramp-up and then seek to expand operations across the region.

All our gold and platinum will be recovered on site, within the labs and offices within the camp, as the advantage of placer mining is that the precious metals are ‘free’. No smelting penalties or liberation issues. Precious metals will be sold to a local smelter in Colombia and our target is to BREAK EVEN within next three months at op. level.

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