Bezant Resources Share Discussion Threads

[tiger60] 30/8/2012 17:40

Nothing that interesting other than more profits for gold .

Rns soon.

[currypasty] 30/8/2012 15:12

cheers..

very quiet on here, suprising after a decent re-bound in the shareprice, and as yet, no news to explain it !

[daytraders] 30/8/2012 11:05

30/35p and the other 50% of cash left towards tax/development etc, so im thinking at least 30p cash back + leave a share price of 25/30p after just for starters. imo

[currypasty] 30/8/2012 10:49

can anyone remember how much cash they were going to hand back / share if all goes to plan ?

[david77] 30/8/2012 09:42

Copied from the QFI thread:

david77
30 Aug'12 - 08:52 - 4192 of 4195

Charting - many, many years ago, I used to go to ACTA (Association of Chart and Technical Analyst) monthly meetings in the city. At one of those meetings, a well known and respected chartist displayed two similar looking charts with the later parts covered. She asked the audience where they thought the share prices would go.

After some discussion, she displayed the full price charts. One had gone up, the other down. From that, she concluded that "we haven't a clue, but what does it matter as long as we get paid well for our advice!"

Charts - interesting and can give confidence if the price is going up. Worrying if the price is going down - does someone else know something that I don't know? Are they simply fed up with waiting? Should I sell and rescue some cash or should I buy more at the lower bargain price?

Charts - interesting but I reckon that fundamentals are far, far, more important.

[currypasty] 30/8/2012 09:33

seems to have ticked up since you said that... dont give up the day job

[tbg123] 30/8/2012 08:28

thats the top for now from a TA perspective. 27p resistance has formed a block. downward support at 25p and 23p.

[currypasty] 29/8/2012 14:19

if Hrothgar sold, who bought? perhaps their wanting to sell has been the overhang keeping the price down... funny if its goldfields, would save them a fortune.

[daytraders] 29/8/2012 14:05

That would be even better then, then we get extra big rises once option taken up.

[tiger60] 29/8/2012 13:43

I hope i am wrong but I would expect the rise to be more likely connected to Eureka than Mankayan.

The approval of the 10 exploration licenses is due imminently and imagine that all has gone well.

[king suarez] 29/8/2012 13:10

Do we think this 15m share buy/sell is probably just a transfer between institutions? Surely would have affected the share price more if this was outside buying?

[gr3gor] 29/8/2012 13:08

Hello everybody!

I've been invested here for a while now and patiently waiting for the good thing to come! There's quite significant trading going on today, so I've been trying to find out a bit more. According to the "Holdings in company" RNS from 11 January 2012 7'703'915 is the amount of shares Hrothgar Investments Limited hold after the final transfer of shares from Cubana to Hrothgar (the list of major shareholders on the Bezant homepage doesn't seem to be up to date). So it looks like Hrothgar got rid of their shares, but who took them? And is this good or bad? No clue!

Enjoy the day, cheers
Gregor

[daytraders] 29/8/2012 12:56

looks like tbg123 and buywell2 got this badly wrong, hope they ain't loosing to much money on there shorts.

[goalmachine2] 29/8/2012 12:22

ryan, you would have thought so in the past this has flew up.

[twixm100] 29/8/2012 12:21

Vidacos Nominees Limited – 7,780,315 (11.97%)

Roy Nominees Limited - 6,852,801 (10.54%)

W B Nominees Limited - 6,037,399 (9.29%)

Rathbone Nominees Limited - 4,469,744 (6.88%)

TD Direct Investing Nominees (Europe) Limited - 3,924,705 (6.04%)

Barclayshare Nominees Limited - 3,069,664 (4.72%)

Vestra Nominees Ltd - 2,578,689 (3.97%)


Only person that could cross that amount is citi group, but who has taken the stake, could be goldfields ?
Obviously only speculation, but somebody has taken it on

[ryan83] 29/8/2012 11:58

yeah, strange. Surely buys/sells of this magnitude would cause the share price to react quite dramatically?

[daytraders] 29/8/2012 11:55

Well there are now 2 x 7,703,915 trades showing up on lse, over 15million.

[goalmachine2] 29/8/2012 11:38

ryan83, just trying to get ahead buddy, if it is a buy its got to be worth a good top up, they always no something!!!

[ryan83] 29/8/2012 11:35

I guess you will get an RNS which will tell you

[goalmachine2] 29/8/2012 11:33

Anyone know if the 7mill trade is a buy or sell????

[daytraders] 29/8/2012 10:29

I have said all along the option will be taken up 99%, no brainer here, and i will easily see my 52p buy in price back and more, imo

[currypasty] 29/8/2012 10:15

too cheap by half, imho...


Cash Resources:
* Approximately GBP6.32 million cash in bank at the
period end.


* Company remains well funded to pursue its ongoing
environmental and work programmes on its wholly-owned
Eureka Project in Argentina.



Mankayan Copper-Gold Project, Philippines:

* Shareholder approval obtained for the grant of an
Option for the potential disposal of Asean Copper
Investments Limited to Gold Fields Netherlands
Services BV ("Gold Fields") for an upfront cash
payment of US$7 million with a further cash sum of
US$63 million being payable should the Option be
exercised prior to 31 January 2013.



Eureka Copper-Gold Project, Argentina:
* Acquisition of 100 per cent. of Puna Metals SA
("Puna") completed ahead of schedule for a reduced
aggregate consideration. Puna holds a package of 11
highly prospective copper and gold exploration
licences in the Jujuy province of north-west
Argentina.



Mkurumu Gold Project, Tanzania:
* Joint Venture Agreement with Ashanti Exploration
(Tanzania) Limited, in respect of the Company's fully
impaired Mkurumu Project, terminated. New agreement
negotiated, whereby the Company shall retain a
reduced free carried interest of 5 per cent., along
with a Net Smelter Return Royalty of 2 per cent.,
with no exposure to any further exploration costs on
the project.

[currypasty] 29/8/2012 09:11

someone must think the deal is going to happen, only a few months to go now!

[tbg123] 29/8/2012 08:44

L2 looking very strong with some bigs buys. next leg up to 27 imminent from a TA perspective.

[king suarez] 24/8/2012 17:02

Hear hear..