Bezant Resources Share Discussion Threads

[bezant shareholders] 04/2/2013 13:43

tiger this is a one play outfit!! without mankayan sold very little value can be attributed to BZT's shareprice. hence, IMO, why until nearer 2014 you will see no move up in the shareprice irrespective of developments with Eureka.

i Personally hold quite alot of shares so buying and selling my holding is not that easy. If i owned 50,000 shares would i sell today, put the money to work else where for a year? possibly! but that just me.

Really dont see the shareprice going below 22p unless something major happens like goldfeilds giving up on the Philippines! ( not going to happen)

GL.

[tiger60] 04/2/2013 13:20

I tend to disagree (it must be in my nature..) if you expect nothing to happen to the share price until jan 2013 why invest now? Why not come back? And based on your logic that we do not rise with the market then it should follow we do not fall with the market if it solely about the option. And we know that is not true.

If we are to attract new investors we need a strong support for the share price - seven days of straight sales would indicate a growing dissatisfaction with BZT.

fine long term ie jan 2014 we will be in a significantly different range but if we fall to 20p or even 15p we are better coming back nearer the time and it is this thought process which could be the main issue. BZT need to give shsreholder value - the first being information on the dividend return, the second Eureka etc.

I have seen the share price regress over the last 18 months and this pattern will continue unless the board buy in with their own money and push the fact that this is not a one play outfit..

[bezant shareholders] 04/2/2013 12:40

tiger for what is worth i dont think we should be worring about the fall too much, its really only a few %. After all i dont think we can expect anything to happen with the shareprice until jan 31 next year when we will know whether goldfields will take up the option or not. hence why we do not rise with the overall market.

hopefully when the 7-8p dividend is paid back the shareprice might creep up a bit.

[tiger60] 04/2/2013 11:25

THanks for that. Always good to know where you stand.

I see this continues to fall 26.68 mid now. It has been a terrible run and it just doesnt seem to respond to the wider markets. The chart says it all.

[bezant shareholders] 03/2/2013 17:59

tiger60- sorry to be the bringer of bad news but it will take alot longer than a few more months to bring eureka up to jorc compliance. we are probably looking at 2 more years before that happens minimum.

first we need

- more surface sampling/trenching

- a complete infill drilling campaign that could take two years on its own.

As you have said, if investor are unhappy then email your board of directors and make your opinion know. They work for you, not the other way round.

[tiger60] 01/2/2013 13:33

You are right.

As to the option price who knows the real story. In hindsight how many invested here would of accepted $50m cash? We will never know the offers available and the variety of packages discussed.

However, we do know it can run for another year and as there is a precedent, it could roll on yet again with GF the only likely bidder.

Worthy newsflow this year is restricted to three events (probably two). The first news is the possible approval of the EIA for Eureka. Then maybe later in the year resources firmed up to JORC compliant status and maybe news on the option. So if the share price - potentially has only two newsworthy events to drive it forward unless they gain some momentum naturally in the mkt or by pr exposure it could be slow going. I here the FPIC process is back on in PH.

[coalfired] 31/1/2013 23:25

Oh and my opinion on BZT.. Made the most out of the sale of mankayan. Do you think that they took the lowest offer ?? They paid approx £4.5m for an asset the sold for (option) $70m.. I would like to do Business like that. Share price we buy and sell is out of their control/interest. Argentina yes delay on licences but I think they have proved their acumen on mankayan and stay invested, especially with the backing of goldfields to develop eureka, agreed poor news flow but what can u say if nothing is happening, make it up ??.. Lets not fall out, it's chat after all :-)

[coalfired] 31/1/2013 22:53

Don't feel the need to filter your opinion, bit childish in my opinion to do that.. just feel like you are on a constant ( but justified!!) vendetta that is getting nowhere. If I thought you were gonna get anywhere I would be shoulder to shoulder with u.. I have emailed Gerry in the past and not impressed with results, what is our option as small PI's ? - nothing !! Don't take it personally, pisd of as much as u but its AIM and u are taking a big risk. Atb CF

[tiger60] 31/1/2013 22:31

Understand and each to his own. Fair enough. However, the 'anti vote ' organised by thomas never happened as such.

The questions placed are valid, the timing of the erronous rns regarding eureka prior to the agm fair. You can just filter me simple? But at what point do you complain? When the share price is 20p? 15?

The initial complaint about the bonus award explained as based on a suggestion by major shareholders doesnt hold up..the major shareholders , prior to gf, are all nominee accounts. No one would say take a bonus for achievng a fall in the share price Add that to the rather weak negotiation of the original and extended option, along with the most recent bland rns i feel obliged to let tem know my opinion.

Now a million odd sales without a buy and you have no opinions other to slate mine. Just filter

Or rather than debating my whining - guilty as charged - lets debate/hear your opinion on bzt

[coalfired] 31/1/2013 22:10

Tigger, I am in the situation of being locked in having an average of 50p.. Could have sold at nearly 80p but didn't, my choice!! I could have made a good profit and the BOD would have been flavour of the month, but I didn't and they "aint" however I don't see the point of belly aching about it. I either sell up or ride it out... We don't have any say, as the PI anti vote organised by Thomas a good few months ago proves. Agree with your frustration but its getting a bit tired now.. No offence intended chap

[tiger60] 31/1/2013 16:41

Ok now it is a bit more of a concern - selling continues - this time pulling down the share price BZT?

Bid down to 23p from 24p another 150,000 sold - a week of consistent selling - some thing is up time for it bit of payback. Disgraceful share price performance.

[bezant shareholders] 29/1/2013 20:02

evening all,

stating the obvious but- for every sell there is a buy in share dealing and in BZT's case recently for every sell at 24p there is a buyer already lined up.

i think it may well be one of the larger shareholders moving some stock around to another company for their own reason, possibly tax ect.

we have seen this before and i would not be surprised to see a holding RNS at some point detailing what has gone where.

[king suarez] 29/1/2013 19:26

YOu're thinking some kind of transfer of shares to Goldfiends?

I sure hope it is not the directors selling up!

[tiger60] 29/1/2013 18:57

So whats happening - the varying sales would suggest multiple sellers but these are being swept up. I have one thought that i am not wiling to share but it is bordering on a requirement for bzt to comment.

[daytraders] 29/1/2013 18:35

i think your correct.

[coalfired] 29/1/2013 17:43

It is my understanding you have to hold the share on the dividend distribution qualifying date, this cannot be before the announcement of the date i.e it can't be that you are told today that you had to have held the shares last week. Could be wrong though, as investing in AIM, divi is an elusive word :-)

[daytraders] 29/1/2013 13:25

but bzt cant do that, they cant backdate a divi date, no company can, or i dont think they can.

[tiger60] 29/1/2013 13:16

If the ex divi date is set today or even a few days before. THey can sell now at a 'good' price and collect the div.

[daytraders] 29/1/2013 13:03

but you would not exit would you, as there loose out on the 7p divi per share or what ever it may be ?

[tiger60] 29/1/2013 12:56

Not really as they are all with GF and it would make no sense for them to sell.

It is very strange. Maybe some think the ex dividend date will be set in Jan and therefore exiting - but thats a weak guess.

Anyone?

[daytraders] 29/1/2013 12:21

same continuous selling today, but price not move, could all these trades be something to do with the extra 17,945,922 shares added to the market for dealing ?

[tiger60] 28/1/2013 20:34

Nearly 350,000 all sells and up a quarter.

[tiger60] 28/1/2013 13:20

It is a bit disconcerting and if news has been leaked it would be hard to take.

[daytraders] 28/1/2013 12:34

strange, but the price does not move down, any other share with all these sales over the last week, would have dropped big time.