Added to YB: 2026-04-15
Pitch date: 2026-04-13
BZT.L [bullish]
Bezant Resources Plc
-1.71%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Bezant Resources Plc engages in the exploration, evaluation, and development of gold, silver, manganese, copper, and other minerals in the United Kingdom, Namibia, the Philippines, and Botswana.
Market Cap
GBP 17.9M
Pitch Price
GBP 0.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
-26.73
P/E
4.23
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Land of Hope and Gorob - Bezant re-considered
BZT.L: New MRE shows 7x increase to 1.1Mt measured Cu resources (1.9Mt indicated/inferred), strip ratio improved 11:1→9:1. Now owns 90% of Hope & Gorob + processing plant. At $12,900/t Cu (vs $9,300 study base), IRR jumps to 150%, NPV $110M (Phase 1) rising to ~$450M with Phase 2 (25ktpa Cu output). $12.8M capex nearly funded ($7M offtake prepay, $2.6M equity, $7M debt at advanced stage). Trading 0.08p vs 6mo ago despite plant acquisition, resource upgrade, EPC deal, approvals secured. Phase 1 commissioning H2 2026.
Read full article (4 min)