Bezant Resources Share Discussion Threads

[russman] 26/4/2015 19:58

I am brass-ing it out.

[paleje] 26/4/2015 09:03

Proactive summarised Bezant's current state of play last week:-

[paleje] 06/4/2015 20:28

Tax issue closer to being adopted, some expecting a surge of business once it's confirmed and people know where they stand.http://www.forbes.com/sites/ralphjennings/2015/04/05/trillion-dollar-goldmine-for-philippine-economy-emerging-from-murky-pit/

[hereford29] 04/4/2015 18:48

Fire the board and get some decent management in

[foxx999] 02/4/2015 13:11

I'm thinking same Fib, sounds like their aim is getting their cash burn even lower - but that's likely as they see a long road ahead.Might put a few quid back in when I can, but won't be doing much....

[fibmeister] 02/4/2015 08:43

is it a buy at this level though? i mean its now trading below cash...
ok you have to take into account cash burn of c. 350k per 6months, but even with that in mind the market is just assigning no value whatsoever to the assets.

maybe worth a small punt at this level, although very illiquid so need to factor that in too.

[hereford29] 01/4/2015 18:25

yes, lets all go back in time and short the miners.

[foxx999] 01/4/2015 18:20

Thanks for that retrospective insight buywell. Very useful

[buywell2] 01/4/2015 17:28

Most folks got it wrong because they did not look at the basics


Commodity stocks were NOT the way to go from circa nearly 5 years back


China weakness means they could stay lower for some years yet ... coming $USD strength ain't going to help much either if and when rates go up there as sooner or later they must

[hereford29] 01/4/2015 17:18

this is also true, even more reason to fire the current management and get some people on board who know how to operate in a bad market, because the current BOD and Management couldn't even get things done in the boom times.

[foxx999] 01/4/2015 16:43

True. But it's not fantastic grade either, so going to need to higher prices to work alongside other factors.

[hereford29] 01/4/2015 14:45

That is part of the problem, but not the root cause. The project should be viable, there is a failure of oversight and project management that has led to avoidable delays and unnecessary expenses - and in my opinion they have been not correctly managed the EPCs in order to align the various project stages with market expectations and local regulations.

[foxx999] 01/4/2015 14:19

Priced during a mining boom as well....

[hereford29] 01/4/2015 13:33

The reason for the low share price is that the company was originally valued by crooks then badly managed from one missed deadline to the next.

[paleje] 30/3/2015 11:04

It can go higher too. The reason for the share price is the hiatus in talks caused by the tax uncertainty but today's RNS shows over 2m cash as of Dec and cutting costs further, they've got time.

[buywell2] 30/3/2015 08:30

I did my best to warn u guys

buywell2 - 12 Nov'11 - 16:20 - 3564 of 3699 edit



Who wants to buy when GOLD looks set to drop circa another %10 to 15% from these levels ?

Posted this the other week

The chart says this share is in trouble


free stock charts from www.advfn.com






Copper can go lower yet

[paleje] 18/3/2015 11:03

Can't see anything Currypasty, no news, numbers soon though and some comment from management presumably. Small trades affecting sp, today's vol is small in the scheme of things, but the assets are still there, value must be multi times current share price even with the tax proposals undiluted. Cash we'll know about soon.

[paleje] 05/3/2015 16:11

Presidents Office wants mining tax settled by June, Congress slowing it down, nothing new happening meanwhile pending outcome.

[paleje] 17/2/2015 14:10

They're still trying to get the right blend of taxation, corporation tax proposals and mining tax still being debated:-

[yorgi] 16/2/2015 17:07

Anything in that order Paleje makes BZT extremely cheap then and as I commented earlier way oversold then.