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An announcement from Bezant Resources ( (GB:BZT) ) is now available.
Bezant Resources has published a Feasibility Study Report for its Hope and Gorob mining project, prepared by Sound Mining International. The report consolidates various contributions and outlines the use of the existing NLZM Processing Plant, which is expected to significantly reduce capital expenditure and project lead time. The study highlights the technical and financial aspects of the project, including a strong economic case with an IRR of 62% and a net profit of USD 104M. The acquisition of the NLZM Processing Plant is seen as a strategic move to streamline production and minimize regulatory hurdles, enhancing the project’s overall profitability and offering a clear path to execution.
More about Bezant Resources
Bezant Resources PLC is a copper-gold exploration and development company focused on advancing its mining projects. The company is engaged in the exploration and development of copper-gold resources, with a market focus on enhancing project feasibility and profitability through strategic acquisitions and partnerships.
Average Trading Volume: 117,432,141
Technical Sentiment Signal: Hold
Current Market Cap: £17.59M
For a thorough assessment of BZT stock, go to TipRanks’ Stock Analysis page.