Bezant Resources Share Discussion Threads

[supercity] 12/4/2021 13:37

9m market cap is becoming quite laughable

[supercity] 12/4/2021 13:36

Markets are asleep with this share - that is some first strike

[the stigologist] 12/4/2021 13:28

that's bloody massive !

[parob] 12/4/2021 13:27

Minemba Prospect Kalengwa Copper Project, ZambiaBezant (AIM: BZT), the copper-gold exploration and development company, is pleased to announce a SIGNIFICANT COPPER INTERSECT in its first drill hole at the Minemba prospect within the Kalengwa exploration project area in Zambia (the " Kalengwa Exploration Project ") in which the Company has a 30% interest and acts as operator.

[parob] 12/4/2021 13:25

Colin Bird, Executive Chairman of Bezant, commented :"The Minemba prospect is one of the identified intrusive-related targets which were ready for drill testing. Historic work identified some evidence of mineralisation but our targeted hole intersected lengthy apparently significant mineralisation. The mineralisation host type is somewhat similar to the Kalengwa main mine and as such gives us encouragement as to potential. The main mine yielded 2 million tonnes of ore at an average of 9.44% Cu representing one of the richest copper deposits discovered in Zambia.

[gah123] 12/4/2021 10:20

This will do 100% soon, no brainer!

[parob] 12/4/2021 10:16

Market seems to be starting to take notice of last Thursdays news.

[deadly] 12/4/2021 09:36

What a great destroyer of value these have been. Is anything likely to change? Where will they get the cash to develop the resources they've long promised and failed to do without more destruction and lining the pockets of directors?

[parob] 11/4/2021 16:51

Exactly my thinking.It would appear that bulls of Bezant Resources (BZT) have decided that they were very much giving the thumbs up to Thursday's news regarding the termination of the proposed acquisition by AsiaPhos of MMJV, a 100 percent subsidiary of Mining and Minerals Industries, by way of a reverse takeover transaction. Presumably the feeling is that this event may actually work in Bezant's favour in terms of an eventual liquidity event or re-rate, especially given recent news regarding the price of copper, especially with regard to the Chile border shutdown. Shares of Bezant were up 14%.hTTps://zakmir.com/stock-market-watch-bzt-ctea-mhc-oprh-rmm-sle-tgr/#gs.xywbgf

[the stigologist] 10/4/2021 22:03

If I was CB I would sell all the peripheral assets (plenty of small SPACs and shells would be willing to take those) and concentrate on the Big One

Mankayan has NPV potential of $300-900m (at $3/lb copper) just working that up in a battery metals supercycle could see us get to 10% of NPV in a sale

$30-90m at $3/lb
$60-180m at $4/lb ?
$90-270m at $5/lb ?

(assuming $2/lb is cost of mining so a move from $3/lb to $4/lb gives 100% increase in NPV (Profit per lb goes from $1 to $2) ?)

[frost1] 10/4/2021 16:41

Colin Bird should engage a commercial bank to get a sale of Mankayan . That alone would double the share price.

[parob] 10/4/2021 15:27

This is certainly starting to look very interesting from a technical basis.With such a low MCap and huge resources, it won't take much to get this moving.

[the manini] 09/4/2021 20:46

With the number of shares we have in issue and on a very simple in situ value, to be on a par with EUA we'd need a shareprice of 20p

[the manini] 09/4/2021 20:42

Ridiculously undervalued?

[frost1] 09/4/2021 19:13

Eua has in situ value of 40 billion I think.

[gowski] 09/4/2021 18:32

What's that make the share price?

[the stigologist] 09/4/2021 16:05

In situ value

$17 billion gold

$27 billion copper

So maybe $44bn+ in situ value ?

[frost1] 09/4/2021 15:55

9.6 million ozs of gold. 2.8 million tons 0f copper. 20 million ozs of silver. Plus all the African interests. 9 million capitalization is too low.

[the stigologist] 09/4/2021 15:48

Zak Mir saying 0.7p

I don't see why 1.0-2.0p is out the question

[tasty1] 09/4/2021 12:16

long consolidation clear line resist 0.22p 50 ma could move up to 0.70p

[wolfcub] 09/4/2021 10:27

I added as well Parob - nice to see BZT getting a bit more interest again.