Member Info for willy1946

A revealing RNS over at QED

Valkor once seen as everyones savior on the hill

Now very short of funds.

Scaffman

Colin has a lot of experience and he will have people to manage the process

Just cut and paste your post into Ai

You will get a comprehensive answer to the effect these issues need to be managed

So they do not disturb progress.

Prickly

Mcap £100 div 18.67 billion shares = 0.536 do you have a date?

The RNS did provide us with a timeline

Vesting triggers (future, project-dependent): MY numbers

4.1. Breaking ground at Hope & Gorob → 50% of options vest. Cartied out in H2 -1JULY 26 TO 31 DEC 26

4.2. First sale of concentrate from Hope & Gorob → remaining 50% vest.

4.3. Change of control or sale of project → all options vest immediately

a long period for breaking ground .Some time ago it was suggested that further drilling would take place to establish the parmeters of the open pit. In other words lets not miss any good or dig usless ore has anyone got news of this drilling. Needed prior to first cut?

Should we read anything into the inclusion of 4.3 except " what if "

Prickly

I am reminded that some time ago you reported a conversation or statement made by Colin

That BZT would not benefit ordinary shareholders

Perhaps there is no finance package we will lurch from one placing to another.

Perhaps omeone is thinking

We could buy this company and get our money back in a coiple years

Hurry up

Last year we speculated about what level the SP would achieve following a finance deal.

Sensible opinion varied between 0.25 and 0.5. Average around 0.35.

Amazingly it is possible that the SP could be 0.2 before any anouncement is made.

Hopefully the BoD have a list of possible good news anouncements in addtion to the finance package.

Eg

Drilling results to establish size and postion of open pit

Commencement of conversion NLZM plant

Mine base set up equipment on site.

First cut.

A treasure trove of RNS

IF-if the share price reaches 0.589 then the Mcap would be 100 million which is 4.5 times the present sp.

Lets be hoping that the balance between lower oil prices and higher metal prices will tempt some bigger investors.

If the share price rises to 0.24p then the Mcap will be around 40 mill.

I am hoping for at least Mr T's 0.5p i wonder what the Mcap will be then?

Bank of America (BofA) has raised its copper price forecasts, pointing to widespread mine disruptions and steady demand for the metal across global markets.

The bank now expects copper to average $11,313 per tonne in 2026, an 11% upgrade from its prior estimate, then rising to $13,501 in 2027, for a 12.5% increase.

At its peak, copper prices could reach $15,000 per tonne, its strategists added

Because Atalaya Mcap was mentioned earlier I decided to have a look how Atalaya is getting on. The striking difference is the number of shares in issue Atalaya 16m yes 16m BZT 17 billion.

If we assume 50% of Atalaya's assetts i.e. bzt mcap is 450 million then the bzt share price would have to be appx. 2.6p . (450m/17 b) . At 450 million mcap Atalaya sp would still be around 300p. However 5 yrs ago Atalaya sp was 200p.

So BZT is potential a better short term investment. Will the SP reach 2.6p doubtful but possible, l will be long gone by then

I hope for 1p , maybe if all the stars align, near future Mr T's 0.5 looks more realistic.

I asked Ai why mcap was important the main reason was: if you no knowledge of a company a high mcap would indicate a developed established and stable organisation which Atalaya is but their SP can still go down .

I have stopped looking at the number of shares i have but the value of shares in my ISA has or wiil increase.

The mcap of my ISA.

Does anyone know any thing about this?

GMAS a subsidery of ELT are prevented from mining in this area. They seek a decision from an abitration that has been ongoing for a some time.

"All arguments have been presented, and now we are simply awaiting the final decision from the Arbitral Tribunal regarding the arbitration proceedings involving Greenland Minerals A/S (GMAS). This decision is expected to be crucial in determining the future of the Kuannersuit Project and could have significant implications for mining operations in the region.

Here’s a quick recap of what’s at stake:

Jurisdiction: The Tribunal will decide if it has the authority to hear the case.

Liability: It will also determine if the Governments of Greenland and Denmark are liable for the denial of the exploitation license.

Potential Outcomes: Depending on the ruling, mining operations could either commence or face further delays

Sea of red has not changed the buy price for 24 hours

0.0528

OTC something else to investigate

In order to trade you need carbon credits. Oracle have none but have great potential.

Watching with interest.

The IPO for Virgo Resources Ltd is expected to close on December 4, 2025. Here’s a brief overview of the timeline:

IPO Announcement: The company announced its intention to go public and raise funds.

Share Issuance: They plan to issue between 22.5 million and 27.5 million shares.

Expected Completion: The IPO is anticipated to be completed by December 4, 2025

The term 7,000 tonnes of copper equivalent per annum refers to the total amount of copper that can be produced, taking into account the value of other metals that may be extracted alongside copper. Here’s a breakdown of what this means:

Copper Equivalent: This is a way to express the total value of a polymetallic deposit (a deposit containing multiple metals) in terms of copper. It allows for easier comparison of different mining projects or deposits.

Annual Production: The figure indicates that the mine is expected to produce 7,000 tonnes of copper (or its equivalent in value) each year.

Economic Value: This metric helps investors understand the potential revenue from the mine, as it combines the contributions of various metals into a single, comparable figure.

Context: For example, if a mining operation also produces silver or gold, the value of those metals can be converted into an equivalent amount of copper, giving a clearer picture of the overall production capacity

Lepanto will most likely be buying unndervalued shares in Blackstone as we speak a no lose bet

I ask the same question as 8 why ? why not even % or price per ton

I am just not clever enough to work it out

To summarize the ownership breakdown: of the maykanan project

IDM International Limited: 64%

Lepanto Consolidated Mining Company: 36%

Lepanto dont need much to get control

Get ready to blow the doors off

But...but

Bezant would gain only by blackstones share price going up at the moment that seems to do FA for our SP

What sort of deal was this ?

Bezant have no direct interest or control in Mankayan now

For example the some of the copper deposites are shared with the lepanto project next door.

If Blackstone sold mankayan to lepanto for billions plus a %

while Bezant would lose its indirect stake in the Mankayan Project if Blackstone sold it, its financial position would still be influenced by its shareholding in Blackstone

Bblackstone have officially stop trading until 2nd July

Aus rumours about a substantial investment (20mil?) A possible rerate.

The value of bezant's blackstone holdings seems to have no effect on the SP here