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Should be interesting
I wonder if Colin has hastily arranged to do the podcast since Bezants big share price drop Friday to clear up or give some clarity over the suggestion that they still owe their JV partner half a mill in their interims.
Caerus >> The non-payment by Bezant Resources of its share of Troulli JV expenditures. The JV agreement provides for funding up to US$1,000,000 with each party agreeing to commit up to US$500,000. Funds were supposed to be provided by both parties in advance.
The fall does appear to have been a delayed reaction to the above Caerus RNS earlier on Friday and as a result of the BZT members drawing attention to it and posting about it on their own forum, seem to have shot themselves in the foot.
Would hope there is a reasonable explanation and other companies in the CB stable don’t suffer a knock on effect due to investor confidence taking a hit.
Point of note,
CB has revised a market turnaround from oct/nov to feb/mar now.
To be seen if this has an effect on timescale to when BR goes on the market.
Prior to this revision was it just coincidental that oct/nov was suggested that both, RC modelling with resource estimates and a market turnaround were forecast to coincide?
Still comfortable with where these copper prices are at present
Colin can't get xtracts timescale predictions right, what makes you think he can predict the world markets?
Who said that’s what I think lucky? Besides, that wasn’t the point, but it probably wouldn’t matter what anybody tried to post in a positive light!
Its a shame you have become so negative when there is no real reason to be as yet.
I hope you see a decent return here soon, but we are all in this 5’hit storm together mate which obviously isn’t helping.
Would have liked some more questions regarding his Companies and in the case of XTR, what are the plans going forward. Preferably ,is it still the plan to return cash to shareholders.
I am much, much more negative on the markets than he is, not expecting a recovery until late 2023/24 at best. But did add to XTR/GLR/AFP/JLP last week. The gold production at Fair Bride should be picking up now, once the $ tops then I expect a recovery in the gold price which helps us. And BR is basically a freebie.
At the end of the day, you can't print gold or copper .......................................... Good luck all.
Your right howzap, it does t matter what people post in a positive light, its not what people post on here that make me positive, its the share price going up and the end goal getting closer and the targets being hit!! All of which are ot happening......Currently.
So did he explain what was going on in BZT in Sunday Roast? As I say, anytime he goes on that show- its a red flag.
For a man with such poor PR in his companies- he finds the times to ramp his companies on these type of programmes. There are some CEOs who barely go on them but have much better records
Also- anyone who thinks that CB can predict world markets is living a fantasy. A lot depends on how long the current war in Ukraine goes.
Just to be clear, CB made some money in 2010 on a copper deal. Since he has been on AIM- the results speak from themselves:
-----------------
A little reminder of Colin Bird and his AIM 'businesses' (I use 'business' in the lightest sense)
Time he became CEO of BZT- SP 0.5….now 0.07
Time he became CEO of XTR- SP 10...now 3.3
Time he became CEO of Galileo 7.38...now 1.3
Meanwhile ££££ squeeze out of these companies while PIs get decimated by the very placings that raise money to pay his salaries.
I’m not going to bother responding to Kwadoku’s constant streaming of the same thing - day after day, week after week, yawn…. To do so would be to give him the attention he is clearly seeking. I’m filtering him instead, so I don’t have to look at his posts, and, more importantly, his posts don’t distract from those of the many excellent, and well researched, posters on this forum. Simples!
You forgot AFP and Kendric they're both doing tremendously bad too. :)
He's filtered
Kwak gets a lot of bad press, but, if you're all honest with yourselves he's really not that far off the mark.
What have we seen from Bird across all the companies he's involved in - huge dilution, missed deliverables, sometimes by years. Consistent misleading statements to shareholders, millions blown on his next, 'this is the one' project that then get dumped...
Yes, he made a sale once, but was was his track record before? - It seems he is blowing share holder money looking for one more asset to prove he is not a one hit wonder. Will BR be that? - It's looking OK, but possibly nowhere near the BS he's been feeding us the last year.
In the last interview he backtracked on the 2MT he'd been spouting was a given - halfway through the interview he also suggested in was the interviewer's words that it was a 'tier one' asset despite him saying it himself numerous times. No mention of Ascot?!
The question is, how off the mark from his comments is BR? (Remember how great Eureka was going to be? The Alluvials? (our partner actually sued us at the time remember?) The satellite HR mines? - We will find out shortly but with Bird's history it I doubt it will be anything near what he's told the market....
I get all that Gixxer, I've been listening to his stories for many years.
I just don't need Kwaka reminding me every five minutes.
So I filtered him.
Fair enough Jezz - I'll get back in my box.
o/
lol !
Kwado.
I was going to say not true. I've made £25k profit from JLP. But then I've also lost over £22k in KEN/BMR.
"The question is, how off the mark from his comments is BR? .......we will find out shortly but with Bird's history it I doubt it will be anything near what he's told the market"
Agreed.
But even if it is say only 1.25mt Cu at RC the majors will be interested and I would be amazed if that amount at RC + whatever value at Ascot + the other areas of interest in the licence wont see a buy out of 10p min.
Yes, nothing like what CB has implied many many times, but a three bagger against current sp and a new sp high. (min 12p high if you add on FB additional value )
Agreed A4444. My thinking now is 8-12p
I just hope Birds ego doesn't further dilute us into another round of drilling or indeed another half arsed due diligence projects.
Having already taken my entry, ave 1.6p built up between 2015 and 2020), the the bulk pf several million shares seem set to pay well.
Patience.
"My thinking now is 8-12p"
Possibly, but any buy out less than 10p or RC MRE less than 1M and I think CB's reputation is in tatters after all he has said many many times. There's being optimistic, and there's being deliberately misleading (being kind using that phrase) :)
Even CB's praetorian guard would struggle to defend his comments over the last 18 months with less than 1m RC or sub 10p buy-out.
I notice that there must have been another "misunderstanding" re the "definitely got the 2mt "comment. He apparently was talking about the 2mt in ALL of the licence - not what we would confirm from our drilling... Hmmm.
For clarity - I am expecting min 15p buy-out and 3p additional value for FB. Sp high, in high teens.
I should qualify that my numbers are for a pay out. I'm assuming the company will not divvi the whole BR sale value.
"I notice that there must have been another "misunderstanding" re the "definitely got the 2mt "comment. He apparently was talking about the 2mt in ALL of the licence" - must have missed that comment.
As i recall, in the removed section of the presentation video he gave last year he actually circle's the RC area, with a lazer pen, when he states the target will be reached. He also stated its a T1 asset and that the mine will run so long mist SH's will be dead before the mine is barren. With the latest 25y statement I definitely hope I'll not be pushing up daisies so soon!
Am I the only one who thought that 2MT was across the whole of the licence? That was reported back quite clearly, I thought. But that’s not to be sniffed at: 1.25Mt for RC (say), with optionality over Ascot and anywhere else that’s contributing to the 2Mt (capex-free after RC).....