BLZ, BLAZE INTERNATIONAL LIMITED

[mullokintyre]

In Reply To: mullokintyre's post @ Sep 8 2020, 02:55 PM

Full drilling results out today.
Its a dud.
Mck
`

[mullokintyre]

In Reply To: mullokintyre's post @ Jul 29 2020, 10:39 AM

Up 14% today on above avergae volume.
Perhaps rumours of the drill tenement results are getting out, or maybe people just getting set for the announcement.
Mick

[mullokintyre]

In Reply To: macdtrader's post @ Jul 27 2020, 07:09 PM

Good Move Mactrader.
The announcement out today is a bit of a fluff piece, telling the world where they are going to drill.
Might take notice when the results come out.
The most recent capital raising to the sophisticates allowed a stag profit that will suppress things until the next cap raising is required.
Mick

[macdtrader]

In Reply To: rozz's post @ Jul 27 2020, 02:15 PM

Sold today

[rozz]

In Reply To: macdtrader's post @ Jul 15 2020, 08:23 PM

Good call.
Have you sold?

[macdtrader]

In Reply To: blacksheep's post @ Aug 6 2019, 03:30 PM

High Alert on this one.
Will multi bag.
7 million market cap.
All cashed up. Drilling some juicy gold tenements
All the players on the register.
Its a gift.

[blacksheep]

In Reply To: blacksheep's post @ Apr 10 2019, 12:54 PM

Updated chart.

Another quarterly, more assessments of multiple new opportunities for further project acquisitions to create value for shareholders to add to these already acquired in recent years. Gold price soaring but by the time they get results on the board the positive cycle may well be over

08/12/17 Acquisition of Thundelarra Project
03/01/18 Blaze to Acquire Everest Minerals
20/09/18 Further Ground Acquired at Kirkalocka
23/11/18 Blaze Acquires Options Over Further Kirkalocka Ground
05/04/19 Appointment of Simon Coxhell and New Leonora Acquisition

Attached thumbnail(s)

 

[blacksheep]

In Reply To: blacksheep's post @ Mar 6 2019, 09:58 PM

Catching up on progress (or lack thereof) on this one. Been more than a year (January 2018) ago BLZ appointed Klaus Eckhoff and then Tolga Kumova and Evan Cranston as advisors. Last week the company announced the appointment of Simon Coxhell as Non-Executive Director and the acquisition of a new Leonora Gold project - Coxhell appears to be the vendor and the following T&C's apply

The Acquisition will be implemented through the settlement of an asset sale agreement
executed today between the Company and the registered holders of the Tenements,
being Simon Coxhell and his controlled entity, Coxsrocks Pty Ltd (ACN 111 457 231)
(Vendors) (Acquisition Agreement). The Acquisition Agreement contains terms and
conditions that are customary for an agreement of its nature.

The consideration payable under the Acquisition Agreement comprises the issue of a total
of 2,713,404 Shares to the Vendors (or their nominees) (Consideration Shares) and the
payment of $100,000 to the Vendors (or their nominees). In addition, the Company has
agreed to pay a royalty to the Vendors of 2% of the net smelter return from three of the
Tenements, being P37/8725, E37/1164 and E37/1165

Settlement under the Acquisition Agreement remains subject to completion of due
diligence by the Company and shareholder approval for the issue of the Consideration
Shares to the Vendors.

in the FY ended 30 June 2018 BLZ spent $87k on exploration and $527k on administration and corporate costs
In the 6 months to end December 2018 exploration was $239k and administration & corporate costs $201k
Luckily they sill have $2,761,000 cash in kitty

SP took off when the 3 advisors were appointed in January 2018 - hit a high of 11c - currently 1.8c. Hopefully for shareholders Mr Coxhell and his tenements will work some magic - if settlement goes ahead

Noticed 10million shares on the sell side @ 3c - if kosher, can only be one of the top 5 holders below

TOP 20 HOLDERS OF ORDINARY SHARES AS AT 28 SEPTEMBER 2018

1 GREAT SOUTHERN FLOUR MILLS PTY LTD 15,675,000 7.56%
2 MCNEIL NOMINEES PTY LIMITED 14,199,996 6.85%
3SACCO DEVELOPMENTS AUSTRALIA PTY LIMITED <THE SACCO FAMILY A/C> 10,265,148 4.95%
4 MR GAVIN JEREMY DUNHILL 10,250,000 4.94%
5 KITARA INVESTMENTS PTY LTD <KUMOVA FAMILY A/C> 10,000,000 4.82%
6 KINGSLANE PTY LTD <CRANSTON SUPER PENSION A/C> 8,000,000 3.86%
7 VIENNA HOLDINGS PTY LTD <WESTGOLD A/C> 8,000,000 3.86%
8 PAYZONE PTY LTD <ST BARNABAS SUPER A/C> 7,688,000 3.71%
9 CELTIC CAPITAL PTY LTD <THE CELTIC CAPITAL A/C> 6,505,054 3.14%
10 STATION NOMINEES PTY LTD <STATION SUPER FUND A/C> 5,000,000 2.41%
11 AVELA ASSET MANAGEMENT PTE LTD 4,500,000 2.17%
12 JKR SUPER PTY LTD <JPR SUPER FUND A/C> 3,500,000 1.69%
13 RIMOYNE PTY LTD 3,316,640 1.60%
14 MS NICOLE GALLIN & MR KYLE HAYNES <GH SUPER FUND A/C> 3,250,000 1.57%
15 MR SCOTT LAWRENCE KITCHELL 2,884,859 1.39%
16 MR STUART HECTOR MACLEAN 2,271,532 1.10%
17 MR RICHARD STUART DONGRAY & MRS JOAN DONGRAY <SUPER FUND A/C> 2,000,000 0.96%
18 MR JAMES PATRICK ROBINSON 2,000,000 0.96%
19 RAZORBACK RIDGE INVESTMENTS PTY LTD <GREG SMITH SUPER FUND A/C> 2,000,000 0.96%
20 MR RICKY GORDON SMITH 1,953,960 0.94%
Total of Top 20 Holders of Ordinary Shares 123,260,189 59.46%

Attached thumbnail(s)

 

[blacksheep]

In Reply To: blacksheep's post @ Jan 19 2018, 08:40 AM

Seems the options handed out to advisors - Eckhof, Kumova & Cranston - have expired, according to 3B issued after the market closed. Mind you, in the 13 months since the appointments very little progress seems to have been made

SP hit a high of 11c when these appointments were announced - currently the SP is 2.8c

Blaze International Limited (ASX: BLZ) (“Blaze” or the “Company”) wishes to advise that 184,999,996 Unlisted Options exercisable at $0.08 on or before 1 March 2019 expired unexercised.

Mr. Kumova and Mr. Cranston are each to receive 10,000,000 options in the Company, exercisable at $0.08 and expiring 1 March 2019 (Options)

Mr. Eckhof and Corporate & Resource Consultants Pty Ltd (Advisors) are currently advisors to Everest and their engagement will be maintained post settlement of the Transaction.
The Advisors will be remunerated by way of options in the Company, as detailed below.
The Advisors are to each receive 25,000,000 options in the Company (being 50,000,000 in total issued by the Company); these options are each exercisable at A$0.08 and expire 1 March 2019.

Attached thumbnail(s)

 

[blacksheep]

Rightly or wrongly this should ignite the SP. This pair seem to get more media exposure than Kim Kadashian The hype on HC will be in overdrive, so take care

All that "glitters" is NOT gold, IMHO

Blaze International is aligning itself with some big names in the resources sector.

The ASX-listed explorer (ASX:BLZ) has named Tolga Kumova, Evan Cranston and Klaus Eckof as strategic advisors as it advances its recent acquisitions.

https://stockhead.com.au/special-report/app...tegic-advisors/

Blaze International Limited (ASX: BLZ) (Company) is pleased to announce the appointment
of Mr. Tolga Kumova and Mr. Evan Cranston as advisors to the Company in relation to the
Company’s exploration activities and ongoing business development initiatives.
Mr. Kumova and Mr. Cranston are each to receive 10,000,000 options in the Company,
exercisable at $0.08 and expiring 1 March 2019 (Options). The Options will be issued subject
to shareholder approval.

“We are delighted to bring the networks, experience and technical capacities of Mr.
Kumova and Mr. Cranston to Blaze and its shareholders. Together with Mr. Klaus Eckhof,
the Company has access to a group of high credentialed, experienced and successful
advisors who are each committed and incentivised to the future success of Blaze” said the
Company’s Chairman, Mr. Josh Puckridge.

PLACEMENT
The Company has also agreed to conduct a placement to raise $1,587,666 by issuing
31,753,316 new shares in the Company at $0.05 per new share (Placement). This Placement
will fully utilise the Company’s 7.1 and 7.1A capacity under the ASX listing rules; new funds
will be used for general working capital, business development and the exploration of the
Kirkalocka Gold and Thundellara projects. The Placement will also come with a free 1:1
attaching Option, on the same terms as the Options being issued to Advisors. The issue of
these Options will be subject to shareholder approval.

Attached thumbnail(s)