Share Name Share Symbol Market Type Share ISIN Share Description
Bezant Res LSE:BZT London Ordinary Share GB00B1CKQD97 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.15p 1.10p 1.20p 1.15p 1.15p 1.15p 4,193,881.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -9.1 -8.4 - 2.36

Bezant Resources Share Discussion Threads

Showing 4976 to 4999 of 5000 messages
Chat Pages: 200  199  198  197  196  195  194  193  192  191  190  189  Older
DateSubjectAuthorDiscuss
23/3/2017
13:56
"In 2013 Bezant returned $7.5m to shareholders, part of the profit it made from its Filipino copper-gold project, Mankayan. This makes Bezant one of a small handful of AIM exploration companies that has returned cash to its investors." I don't remember sale of mankayan making a profit! The cash returned was a small portion compared to the shareprice 5 years ago
currypasty
22/3/2017
12:20
This one? Last year Bezant entered the platinum space via the acquisition of an alluvial project in Choco province, Colombia. With funds raised in a recent £1.2m placing, Bezant started trial mining and today announced it has recovered first platinum & gold. The shares have started to respond, but we see further upside. Assuming this trial stage produces in line with expectations, management plans to scale-up production over the next 24 months using modular recovery plants. One plant can process up to 120 cubic metres per hour and should achieve annual production of 10koz to 15koz. Each plant is expected to cost $4m -$6m to install, and could be replicated across Bezant’s 27Km2 licence area. Given the team’s expertise in both platinum and alluvial mining, we are confident it can deliver, at least operationally. Trial mining will dominate newsflow over the coming months and key milestones such as first metal or grade estimates should provide catalysts. We initiate with a 4.5p target price and Speculative Buy recommendation. Choco Platinum Project, conceptual economics Historical and existing production from Choco demonstrates the profitability of its alluvial platinum industry. More specifically, Bezant’s FKJ-083 license has a tax paying history. Management is targeting production costs of between $700/oz to $800/oz which should provide a decent cash operating margin. Potential for large scale Bezant holds options over a significant land package covering a total 27km2 which depending on the distribution of the mineralisation has the potential to host >1Moz of platinum and gold. If the trial mining phase is successful, we expect Bezant to increase its footprint in the area. Management’s relevant expertise Management has both platinum and alluvial mining expertise. The Chairman Edward Nealon built Aquarius Platinum Plc and Sylvania Platinum Ltd and Bezant’s experienced team spent two years evaluating this project. Platinum Group Metal outlook – positive medium term We have a positive medium term (2-5 years) outlook due to the high cost of production in South Africa, which means that circa 25% of its mines are break even or loss making and 75% are making insufficient cash to justify expansion. This should result in a higher PGM prices or production will fall and mines close. Bezant’s good track-record – returning capital In 2013 Bezant returned $7.5m to shareholders, part of the profit it made from its Filipino copper-gold project, Mankayan. This makes Bezant one of a small handful of AIM exploration companies that has returned cash to its investors. Valuation and recommendation Our sum of the parts valuation is derived primarily from a conceptual DCF model of the Choco Platinum Project. We calculate a $11m risked NAV for a 4.5p price target and Speculative Buy recommendation.
cpap man
21/3/2017
23:56
So the beaufort entity come up with a buy rec then within weeks a raising! Yes , i like to buy stocks shot to pieces , but my bargepole is long with this one. I have been just keeping an eye on it for about 5 years , i thought it turned a corner but now this.
escapetohome
21/3/2017
15:47
I didn't bother... lost enough on this shower
currypasty
21/3/2017
15:40
great discounted placing :(
thetoonarmy2
23/2/2017
07:54
I had shares in Toledo Mining. That had a large nickel deposit in the Philippines. They spent years trying to get permission to mine the stuff. Eventually, they gave up. They sold the site to a local who was granted permission within a few months.
david77
22/2/2017
20:57
Stockomendation: Risky Buy Bezant Resources (BZT) by Beaufort Securities
deadly
07/2/2017
14:54
I see the Philippines hav shut down most mining in the Country including Lepanto , next door to BZT's undeveloped Mankayan Project, 4 days ago. I guess that pretty much puts the final nail in the coffin, for that Asset ever being sold to anyone for a decent sum, or at all ?! IMHO. DYOR.
andrea152
06/2/2017
14:28
What was visible in the sampled concentrate?
russman
03/2/2017
12:39
There were 22 test pits. Is this an average or there are more sample results to come. I thought there was visible "gold".
russman
25/1/2017
21:25
Does this calc at 0.2 g/t. Have I got the decimal in the right place.
russman
25/1/2017
09:33
shall we guess that 1 cubic metre weighs 1500 kg.
russman
25/1/2017
07:06
https://www.google.co.uk/amp/www.proactiveinvestors.co.uk/companies/amp/media_files/6785
iroquoi
24/1/2017
15:21
Yep 300mg per cubic metre, that's wot it says, though tailings uneconomic @100mg, so they won't be bothering with those. Further drilling and DFS to come, which should awaken interest. IMHO, DYOR, GLA.
andrea152
24/1/2017
12:55
Is the grade 300mg per cubic metre.
russman
24/1/2017
11:39
Today !! Yay !! We're going into production, by the looks of things, but tailings worthless. New Platinum Mining model, so could be interesting. Not many shares around, or in issue, and competent management team, in Ed Nelaon and Bernard Olivier, with Evan Kirby as Geo. Wont b on many investors radar screens, but liquidity is a problem at moment, despite recent placings. Its a "lock and load" then wait and see situation, which could have pleasing results. Ed Nealon took Aquarius Platinum from a share price of 7p to £17 /share 12 years ago, so he has the Platinum experience and contacts. IMHo, DYOR, GLA.
andrea152
19/1/2017
12:12
7 weeks........
russman
12/1/2017
11:57
6 weeks.......
russman
05/1/2017
12:11
5 weeks & counting.
russman
16/12/2016
12:14
Maybe 4 weeks.Happy Christmas.
russman
12/12/2016
13:24
I was thinking 2 weeks seems reasonable
iroquoi
12/12/2016
13:07
I think a week is reasonable.But was there any mention at the AGM.
russman
07/12/2016
13:10
How long does it take to assay a sample of concentrate.
russman
02/12/2016
18:36
Delayed 46.25k buy from yesterday just showing..
iroquoi
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