Member Info for smileywiley

I really want to read it.

Sources pls kabisko.

Well. Why bother talking about the port. When they could have finished us off right then issuing the RNS?

if it was illegal to sell off such a land, why would they have even mentioned it since june 2018 till now? Simon was the head of aim, so he knows very wel what is legal and what is illegal.

So then why do they even bother talking abt the monetization of the port asset? Well. But that just means they own the land and they can sell it off. Why bother telling us about an interested party when they could end us off by the most upcoming RNS?

Yea but it doesn’t say anything about the port if u get what i mean. Like i can be a technical advisor but i can own the asset too. Anyway like what walko said, they own the land of the port. So they have the rights to do so. And i smell hudson wanting them to do just that.

Q true with regards to that. But hudson would prefer to have 50% to make decisions for BZM. Kabisko. They wrote it off in 2013. If they would have ended us, why bother delaying and talking about a port ( which u claim they don’t have) ? I think they might just sell the land and get the value out of it, maybe secure a contract to even ship the ores in future if they really do so

They wrote it off from 2013-2014 period in their balance sheet. So, technically they somewhat possess it. I do believe in what walko said. And they wouldn’t dare to even sell or propose selling in june 2018 till now. Someone would have stopped them ( authorities in this case) if they wanted to. Tell me where did u get your sources from kabisko

Sorry but kabisko, walko said they owned the land, not the infrastructures. Forecariah owns the equipment, as such they cant touch that. The most valuable thing is a port’s land. So, in what detail are u trying to get at? Source thanks.

Just have a feeling alot of underhand stuff is going on. I hope i’m wrong

Imagine if they sold it off to a HUDSON subsidiary. I will literally laugh this off. C O R R U P T I O N at its best. That’s what i’ll call it.

Well, welcome to the corporate world. I rather not call it corruption, simply just some things not meant for us shareholders to know. It does sound from the RNS that they are monetizing the port asset, likr in the process of it. And that was the last step they considered ( before hudson) but now they are forced to plsy it. Regarding whether they own the port, none of us know ( even if we do not trust kabisko or walko) except the bod. I just dont get it why they weote it off their 2013 balance sheet but it suddenly surfaced up today. Like it doesn’t make sense. Unless they alr had plans to sell it off (i.e. now) which might explain why hudson shut their doors to us

Walko did mention land belongs to BZM. Infrastructures belong to failed forecariah. So allnothing. Up yo you to see it!

I smell it too. Like what kabisko said. Then again, alot of us here had no choice but to takr the risk/ punt on this. As crude as this sounds, if konta port is actually monetized ( sold or leased i dont really care) to aid bzm in their working capital, it’s going to be so undervalued like how GSPC sold their oilfield severely underpriced due to cashflow problems. Yea, we shareholders ultimately loses alongside the guinea govt.

Just want to focus on one thing walko actually said. BZM owns the land, not the infrastructures. Let’s see whether they can even monetize this asset ( tricky as it may sound) in the near future. At least we know the dead line is by 15th dec according to the need for a financial statement to be send to Ministry of mining. Meanwhile, we can just wait in despair and be filled with pessimism. Corruption at its best. With all the shell companies.

Nvm it’s back up again. I guess we are all left to the monetisation of their port asset. And let’s just hope they are able to monetize it urgently, before it’s too late. Our last bang for the buck. Honestly, i guess like what simon would say, it’s not a definitive agreement and thus they are unable to provide further updates to it. I guess we just have to wait and see. Let’s hope they will reach a common consensus with all its relevant parties with regards to monetising the port. And we will all be saved from this shelling. All in my honest hope.

BZM sharepage is down....

Balls as a christmas decoration isnt so bad. Let’s hope it’s really not time for BZM to close shop. GLA

I suppose this konta port is another conspiracy to just maximize the value to hudson. For one very impt fact, why would hudson bail out. And bzm not telling us who the interested party is. MAYBE HAHAHA. The interested party is a shell company created by hudson to get the port at a cheap price lol

I do hope so too. Well @kabisko. I fully agree with u. I just don’t know what other cards bzm have left to play. Hey. Kabisko your opinions on BZM website? Why would this suddenly happen

Hey comrade @allnothing. I’m back. This seems interesting. Why would BZM take the news down the website. This is really weird. I feel that hudson purposely closed the avenue of funding to push the value of the port asset even lower so they can sell it to another shell company to get it at an evwn cheaper price. Who ultimately loses? The guinea govt and us shareholders through all this undervalued sales. Sad but it’s true. Me and my
Conspiracy theories. Who knows i might be wrong. But i have been researching and i realized they are a big bad crook. I might just be wrong. But i’m really thinking this time
Is not bzm’s time yet. It’s not times up. If not they would have announced it.