Member Info for thegame316

There seem to be a few LTH's here who are highly cynical. Fair enough everyone is entitled to their own opinion. But the fact is BZT are at a transformational stage. The Hope project is currently being drilled to increase gold and copper resources. The argument that if it was so valuable it would have been done by now can be applied to every single mining project that is being explored right now by every single mining company so that doesn't hold any relevance as far as I am concerned.
I admit its very early stage and it is years and millions in investment away from producing anything but the debate here is whetever the current mcap is correct and more importantly whetver it will go up in the next few weeks/months.
I dont care about the Philippines bit, for me its the Namibian bit that excites me. More importantly its the fact that there is potentially a lot of gold contained within that resource that will soon be announced. Im not saying this end up with BZT worth the same as SOLG or GGP but what I am confident in is that we will see a mcap of £30m-50m before the end of year which means a sp of 1-1.5p/
You only have to look at the likes of UFO and other junior miners to see that this is a realistic value that can easily be met with the right news. They too are at a similar stage to BZT but have managed to hit a mcap of £90m recently. Junior miners are currently in a bull market so as long as BZT do what they say and achieve what they say can happen (add significant gold resources to Hope) then current price is a steal.
Looking at daily price rises/falls can be unnerving but as long as each person does their research and has their strategy worked out then that is all you can ask for.
Just need to remember gold prices are at an all time high price so if next week BZT release an RNS saying they have discover x amount of extra gold in the ground then the sp will explode. I'm not ramping here, I am just stating what everyone knows about AIM and how it works. The sp went over 0.4 a few days ago. Similarly I expect that soon I will be given chance to sell my share for over 1p. Someone else can disagree but my prediction is 1p+ before 2021. If that makes me a ramper than so be it lol.

Gold and copper are the two current metals that are "in fashion", more so gold. The best thing about the current drilling programme is that it is looking to add to the gold resource. at $2k per ounce for every 100k ounces that is discovered that is an extra $200m value.
I'm not saying they will discover millions of ounces but a fair estimate is that they will most likely add a few hundred k.
When this news hits the mcap will easily hit £50m which is around 1.5p for the sp so there is plenty of upside to aim for.

There are outstanding warrants but that does not mean that they all will be exercised. You also need to consider what the company is currently doing which is drilling to increase resources of copper and gold on what is already a billion dollar asset.
News will arrive in the next few weeks concerning this. At the moment there is around 200k tonnes of copper and 100k ounces of gold as resources in the hope asset. If this resource is increased which it will especially gold which wasn't looked for in previous drills then the sp will rerate.
Current copper and gold resource in hope asset is worth $1.2bn and $200m respectively. If the gold value goes up nearer to what the copper is worth then the share price will explode.
Too risky to be out as news could come any day now

people need to step back and look at the bigger picture. BZT have recently acquired an asset with $1.2bn of copper and $2000m of gold. They are currently doing further drilling to add to this resource, news of which will be coming in the next few weeks.
Current mcap is severely undervalued especially when you consider that they have £5m shares i the Hong Kong listing that now owns the Zambian asset. That alone accounts for half the current mcap. The sp is volatile at the minute but it will start to rerate again in the coming weeks

"The acquisition of the Hope Gold Cooper project is a significant milestone for Bezant. We have acquired a very attractive project with a combined JORC (2012) Mineral Resource of 10.2Mt @1.9% Cu and 0.3g/t Au at a 0.7% Cu cut off in Namibia, which aside from being an excellent jurisdiction, is attracting increased attention as a source of Copper."

"The aim is to drill test a geophysical anomaly immediately north of the Hope deposit and to drill confirmatory holes at Gorob-Vendome, primarily to establish the gold tenor at that deposit and thereby add significant value to the Project resource. Previous drill core at this prospect was not checked for gold."

This is why the next few weeks will see the share rerate to over 1p. Just based on the 2012 old JORC resource that's almost 200k tonnes of copper and over 100k ounces of gold. At $6k/tonne copper and $2k/ounce of gold that's about $1.2bn and $200M respectively of each metal.
These figures will only go up once the resource is properly quantified especially gold which wasn't even assayed properly back then. Plus with gold prices hitting all time highs and the upcoming copper shortage this is a multibillion pound asset. Current mcap is only £11M, once the results start coming in then £50M is more appropriate for the short term and in a years time it will be £150M+.

Look into the history of this company and AB. Nothing ever gets done here, this is a lifestyle company where the person running it gets a six figure salary for "working" part-time as he is also on the board of other lifestyle companies. If you can trade the spikes and make money than go for it but please do your research before investing in the hope that the company will progress.
FFS they have had the kenyan asset for over 10 years and done nothing. It was even taken away from them because they did nothing for years. All this company does is announce new projects to dangle the carrot in front of new punters but in actual fact they have yet to produce one success story. They will come up with excuses such as the market for junior explorers is in a bear market but if other small miners can succeed than why hasn't RRR done anything even close to this in the last 10-15 years. I understand it takes time to explore and prove up a resource but how long do they want.

0.44 to sell, more like jogging up then creeping. Probably another couple of hours to get in before 0.5p. By next week people will be looking back and thinking why they didn't buy in at less than a penny.

Took a bit of a breather in the morning but with the buying pressure this will only go one way. Nothing ever goes up in a straight line but this is close to it. Current mcap is only £11M but should be at least £50M. DYOR but this share is severely undervalued.

Looks like it will finish at 0.40+. Am getting 0.4075 to sell, bodes well for tomorrow. Current mcap only £11M so a long way to go yet...

Was just about to post something similar lol

its a not a temporary spike, if you look back at last 3 years, sales have been consistently increasing by at least 20% per annum. Last years issue was profitability but this has now improved by over 300%.
The future is online retailing, it doesnt matter whetever covid happened or not. More and more people are buying online, thats a given. It could be argued that due to covid a few more people have brought online instead of going out to brick and mortar shops but this can also be looked on as a positive as research as shown that when new customers start buying online and realise how cheap and convenient it is, it then leads to a change in consumer behaviour. So this covid spike could be interpreted as a fundamental change that will not be reversed once we get back to normality.

This cannot be compared to BOO. Both companies are in the same business and are both valued between £4-5bn. But BOO has annual revenue of around £1.2bn and PBT of £92m from last annual report whereas ASOS has revenue of £3.2bn and PBT of £142m. Just on the numbers ASOS should be worth twice what BOO is worth so either ASOS is undervalued or BOO is overvalued....personally can see ASOS hitting £70 by the end of the year at least.
At this stage sales dont need to go up 50% a year anymore. Even a steady 10%+ yearly increase is enough to keep the sp moving as they are now a major player in online retailing so just need to consolidate this position. Todays news shows 19% increase in sales so the business is progressing well. More importantly profit has gone up over 300%. You cant ask for more than that.

Annual trading profit of over £130M and profit before tax of over £90M. Current mcap is around £800M so current situation is definitely not factored into sp. Mcap should be in the range of £1.5-2bn.
There are more positives here than negatives. Sales have been going up for the last 3 years, money generated is being used to lower debt hence lower interest which means more profit and the combined pension scheme is now in surplus.
I agree the sp has risen but it is still undervalued. Even a conservative value of £1bn means there is a 20% upside to the current sp.

ive brought back in. This is a brilliant share. sp should be £2+. Debt is going down and profits up. Whats not to like

This still has a long way to go. NPV10 of over US$1.48 billion, with NPV per barrel of $6.00 and an Internal Rate of Return of 55% for just the Kuparuk formation at its Talitha project. With the 3 different formations this is a multi billion dollar play and current mcap is around £250M.

News is due though in the next few days. A decent upgrade of resources will be great. News of farm out will be much better though but that is probably a few weeks away.

Looks like rns on monday if the folklore is to be believed. Have seen this happen more than a few times but also seen it not happen as well. B

I dont think there will be a double whammy this time, for the simple reason that the last financial report had gold sale price in the $1600's. Gold price now is in the 1900's. Even with the lowered production and the slight increase in all in costs of production (about $1k), there will still be a massive rise in revenue and EBIDTA based on the increased price.
Each ounce of gold sold will bring in about $900 net profit. CEY is a low cost producer and more importantly does not do any hedging so is poised to benefit from high gold prices. Quarterly production will be about 20% down from the previous quarter but the sold price will be about 20% more so this evens it out.
I picked up some shares last week for £1.55 as feel the current price is a steal. This will easily get back to £2 in the short term and if the price of gold breaks out over $2k then £2.50 is also possible.

"Work is nearing completion for the determination of an internal resource estimate for the deeper and independent Kuparuk horizon, which is now forecast for completion during the first week of October."

According to this news should come in a few days. If there is a decent upgrade of resources then the sp could breach 50p. Ive got a target of 60p-80p by the end of the year at minimum considering its a world class oil deposit and there is no debt.

managed to get out with a 10% loss, feels better than selling at >40% loss so feel like i made a profit lol. GL to the rest of holders though, im just getting a bit sea sick with all the ups and downs lol