bigbear. it might be a multi-frontal agreement that bellzone is trying to achieve, maybe with regards to the port. but one cannot work without the other's approval. This is why it's taking so long. IDK what it is, but i do hope that i'm right. that's why simon cant even tell me anything.
really hope u 2 are right on this.
"Thanks for your email. To be clear, we made the announcement today only because of a regulatory requirement to do so, having previously put down a marker of "mid November". So we have been forced to announce that there is, effectively, no new news.
If there were hard and definite answers to the questions you ask, we would likely have answered them or given guidance on related matters in the RNS of today. We have not been able to do so. As you might imagine, the situation is complex and it develops every day. We are therefore unable to give details of any agreement unless and until one is signed and contractually binding. By "definitive" we mean exactly that - contractually binding and therefore material to the future of the Company and, as such in itself an announceable event.
On that basis, I am sorry to say you will simply have to watch and wait for the next news, like all other shareholders.
Kind regards,
Simon"
@Spike see my post on it. it's further down.
what is your opinion then @sharetalk?
tell me investerinvester. what more does bzm have to give hudson?
@spike i'm pretty relieved that the fall has finally receded. now it's on the bull (without any bad news hopefully)
yep. the market sentiments really liked the update, perhaps based on the fact that no time is wasted. and that arbritation is really taking place (by 1dec latest). no more games by gspc.
see their corporate update. they said they had until end december. But they have to finish the feasibility study by the end of this year. So, funding has to come way before end december for that to happen.
Honestly. gonna seriously hate this moment because it's either a momennt of relief / moment of sadness. Did u read about the 2014 RNS about funding issues here @allnothing? if i'm not wrong, i think they did transfer kolia proj ownership to otn mining with respect to this.
@spike at least i get to see it from the courts in singapore, given that i stay here. really can't wait to see the drilling happening here. i DO hope there will be good news for BZM. Imho, I read somewhere in the previous RNS kolia project was alr in the name of Hudson (through OTN mining?). I honestly dk what else is there to give Hudson besides the port. (which is essentially theirs)
i'm not sure what nm means. but, i assume it's no movements. imho, i hate seeing RNS from BZM. it's either very good news or very bad news. Not in the mood for it.
great to always see u around buddy @spike. would really love to talk to you real life!
@spike. they just said it's directed to singapore. it just means arbritation has to commence by 1dec 2018. let's hope they get it started soon. at least, it's not A FEW months wait for it to commence, as such somewhat a good news :)
let's see what the market sentiment is on this rns
honestly, all the bod needs to do is to explain their plans, and what to expect. and this share will start flying up again. haters who sold will hate.
well said @tin @spike. let us wait it out. good time for entry point for all new comers.
@mannan. this fall had to happen. those not interested in oilex will pull away. this will only rise prolly next year. many investors trade with market sentiments, not brains.
well. my personal view is that this could reach 1p if it does work out. high risk high return. I just dont know what else BZM has to offer to Hudson anymore...
well zak mir said that if u break the 0.3p resistance, you will see this fly up to 0.5. i literally rofled at it given insolvency incoming. let's hope there's really a deal. i did check on 2013-2014. bzm was in the exact same situation. 2 weeks and hudson gave them 0 replies. let's hope it plays out again. eventually, hudson relented with a loan.