B2Gold Corp (BTG) Quote

https://www.newsweek.com/china-hoards-more-gold-us-trade-war-intensifies-2027170

I am not going to dump it for one simple reason: it is slated to earn a lot of money in 2025 and 2026 relative to its market cap. If you needed two more reasons, they'd be that it has good projected growth (Goose mine ramping up, gold pre-pay agreement winding down) and generous shareholder renumeration (good dividend and buybacks). It's underperformed for years, making it unreasonably cheap today.

https://www.etfdailynews.com/2025/01/19/q1-earnings-estimate-for-b2gold-issued-by-cormark-tsebto/

$BTG Total Debt (mrq) $239.18M

https://www.b2gold.com/_resources/presentations/B2Gold-Corporate-Presentation.pdf?v=0.21

Not according to TipRanks. "Moderate buy"

B2Gold - Is it time to DUMP this underperforming stock?

If it was not for Black River I would not touch this position. My hope is Goose is their first move toward more stable regions for doing business. Mali and Namibia are not exactly Ideal.

https://www.nasdaq.com/press-release/b2gold-announces-drilling-results-its-2024-exploration-program-goose-project-drill

https://finance.yahoo.com/news/b2gold-corp-btg-best-affordable-225929950.html
Is B2Gold Corp. (BTG) the Best Affordable Stock Under $10 to Buy?

https://www.jpost.com/business-and-innovation/precious-metals/article-821915

https://www.northernminer.com/news/video-we-dont-need-ma-to-grow-b2gold-ceo-says/1003871625/

Very positive info released on Goose. Looks very accretive to B2G with production starting mid 2025 with 310,000 ounces in 2026.

Very good news. I figured it was just a matter of time.

Mali issues resolved.

"https://finance.yahoo.com/news/b2gold-reaches-agreement-terms-mali-234500237.html"

Boing x 2

https://finance.yahoo.com/news/b2gold-stock-trading-cheaper-industry-155500658.html

B2Gold: High Quality, Underappreciated Gold Producer With Impressive Growth Potential
https://seekingalpha.com/article/4716194-b2gold-high-quality-underappreciated-gold-producer-impressive-growth-potential

Gold is shining ‘bright like a diamond’ and could hit $3,000, says Citi https://cnbc.com/2024/04/16/gold-is-shining-bright-like-a-diamond-and-could-hit-3000-says-citi-.html $BTG $BTC

https://www.pv-magazine.com/2024/08/14/b2gold-building-10-mw-of-solar-at-namibian-mining-site/

Q2/2024 Report: https://www.b2gold.com/news/2024/b2gold-reports-q2-2024-results-and-updated-2024-guidance

Mali mining code,

"The Implementation Decree of 9 July 2024 setting out the terms and conditions of the new Mali mining law of 29 August 2023 was finally published in the Official Journal today. It is in French and is quite long, running from pages 587 to 620 in the Official Journal.
Now that the Implementation Decree has been officially published, there is nothing stopping the government from issuing the Exploitation Permit for Fekola Regional."

Boing X 2

https://finance.yahoo.com/news/value-investors-buy-b2gold-corp-134016499.html

Word is Mali mining code is formalized. I will await to hear what Clive has to say as far as how it might impact BTG.

Boing X 2

Confirmed golden cross over. Algos likely will pick it up today. Should be interesting as positive probabilities for the stock.

Boing X 2

that may be waht casued the gap and surge in vol plus the $40+ increase of POG

With 17.7 M shares short there Is potential for a short squeeze here.

Boing X 2

Potential golden cross over the 20 day, 50day and 200day moving average. Could be very bullish for this stock.

Boing X 2

Stock buy,

"https://finance.yahoo.com/news/prospector-announces-strategic-equity-investment-211700887.html?

Boing X 2

Not great. Off to the Dr. today to find out why, This should have been easy. Not so. Going to have rehab to get my leg where I can stand.

Thank you for asking.

B2Gold Announces Positive Preliminary Economic Assessment Results for the Gramalote Project; After-Tax NPV (5%) of $778 Million with an After-Tax IRR of 20.6%

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/743-tsx/bto/162751-b2gold-announces-positive-preliminary-economic-assessment-results-for-the-gramalote-project-after-tax-npv-5-of-778-million-with-an-after-tax-irr-of-20-6.html

Boing x 2,

Great news about Matador. Sorry you have to go back for surgery. How are you getting around?

Thank you surer44,

Need surgery to repair cracked plastic disc in knee Tuesday.

Matador mining finding moire gold. "https://www.listcorp.com/asx/aam/aumega-metals-ltd/news/matador-identifies-several-new-diamond-drill-targets-3040314.html"

Boing X 2

Good you're getting better Boing x 2. Better days with BTG.

Calibre finds more gold,

"https://finance.yahoo.com/news/calibre-continues-discover-additional-gold-100000204.html"

Boing x 2

surfer44,

Thank you. It was a rough 31 hours. Artificial knee became dislocated and it took that long before they could get is straight.

Took major drugs to stop the pain. On the mend now.

Boing X 2

I have concerns about Mali and their current situation so I did some research. Luckily I have formed an opinion on a military-run country trying to transition to democracy from watching the movie "Badamasi" on Amazon. It could go either way imo but Mali would still be only 25% of BTG.


BADAMASI (Portrait of a General)

A powerful Army General attempts to guide Nigeria through a viciously strained era in this first of its kind authorised biopic.

Born in a small village in northerrn Nigeria called Wushishi, Ibrahim Badamasi Babangida or IBB as he is fondly called, loses both of his parents by the age of 14.

It is his charm and intelligence that would propel him from that inauspicious beginning to the pinnacle of military politics in Africa's most populous country.

But to fulfil his destiny, Babangida has to survive a brutal civil war, spearhead several successful military coups, escape a few ferocious plots on his own life and confront his deepest fears.

But when fate pitches the General against the will of 150 million tough Nigerians, something has to give. Babangida has won several battles to rule Nigeria for 8 years. However, with the country about to implode, he may have to lose the fight to bring her back from the brink.

I hope everything is well with you

And so it starts. End of the Fed. About time,

"https://silverseek.com/article/supreme-court-ruling-state-sponsored-banks-can-disband-federal-reserve-system-and-issue"

Boing X 2

Sufer44,

Right on both counts.

Just got out of the hospital and I find the news on Versamet. I think Clive made a smart move. The reserves are outstanding on copper.

Copper is in tight demand and getting ready to rip. Not enough copper mine to meet the coming demand. Oil likely to rip likewise.

Boing X 2

America’s Looming Debt Spiral

RoW is tired of the BS. I wouldn't be surprised if there is an oil game going on right now.

https://www.sandboxroyalties.com/investors/ Looks to me like this was a good move, and I totally agree with the following statement.“This strategic partnership provides B2Gold with an attractive opportunity to unlock the value of our royalties which have gone largely unrecognized by the market and were not a core part of our business,” This is similar to what Mcewen Mining did with their copper properties that were being
unrecognized by the market.
This also will greatly diversify the portfolio of royalties that we have an interest in.

B2Gold and Sandbox Royalties Partner to Create Versamet Royalties; B2Gold Receives $90 Million Equity Interest in Versamet
June 06 2024 - 7:00AM


B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that it has entered into a purchase and sale agreement (the “Agreement”) to sell a portfolio of 10 precious and base metals royalties (the “Royalties”) to Sandbox Royalties Corp. (“Sandbox”), a private, returns-focused metals royalty company (the “Transaction”). In connection with the Transaction, Sandbox has been renamed Versamet Royalties Corporation (“Versamet”). All dollar figures are in United States dollars unless otherwise indicated.

Under the terms of the Agreement, Versamet will acquire ownership of the Royalties and as consideration will issue 153.2 million common shares to B2Gold at a price of C$0.80 per share, representing an equity ownership interest in Versamet of 33.0% valued at approximately $90 million. The Royalties are comprised of the following:

2.7% net smelter return (“NSR”) royalty on the Kiaka Gold Project, owned by West African Resources Ltd.;
2.7% NSR royalty on the Toega Gold Deposit, owned by West African Resources Ltd.;
2.0% net profit royalty on the Quebradona Project, owned by AngloGold Ashanti Ltd.;
2.0% NSR royalty on the Mocoa Project, owned by Libero Copper & Gold Corp.;
1.5% NSR royalty on the Primavera Project, owned by Calibre Mining Corp.; and
Five additional exploration stage royalties.

B2Gold has retained ownership of the 22.5% silver royalty on Glencore’s Hackett River project (the “B2Gold Hackett River Royalty”). Separately, Versamet owns a 2.0% NSR royalty on Glencore’s Hackett River project. B2Gold will continue to explore value maximizing alternatives for the B2Gold Hackett River Royalty.

“This strategic partnership provides B2Gold with an attractive opportunity to unlock the value of our royalties which have gone largely unrecognized by the market and were not a core part of our business,” said Clive Johnson, President and CEO of B2Gold. “As a significant shareholder, B2Gold is pleased to retain meaningful upside exposure and leverage to Versamet as its experienced management team stewards its strengthened asset base and continues executing on its growth strategy to create future shareholder value.”

The closing of the first phase of the Transaction occurred on June 5, 2024, and included the royalties on the Kiaka Gold Project, the Toega Gold Deposit, the Primavera Project, and two exploration stage royalties. In connection with the first phase closing, B2Gold received 122.0 million shares of Versamet valued at approximately $72 million. The remaining royalties are subject to various right of first refusal or right of first offer provisions, which are expected to lapse or be exercised within the next 60 days, at which time the closing of the second phase of the Transaction is expected to occur.

In connection with the closing of the first phase of the Transaction, the parties have entered into an Investor Rights Agreement which, among other customary terms and conditions, entitles B2Gold to nominate one member to Versamet’s Board of Directors and pro rata participation rights with respect to future capital raises. B2Gold’s strategic partnership will provide ongoing exposure to Versamet’s royalty portfolio, which now includes 28 royalties, two of which are currently cash flowing, and several of which are expected to be cash flowing in the near term.

B2Gold’s financial advisor in connection with the Transaction is RBC Capital Markets, and its legal counsel is McCarthy Tétrault LLP.

About B2Gold

B2Gold is a low-cost international senior gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines, the Goose Project under construction in northern Canada, and numerous development and exploration projects in various countries including Mali, Colombia and Finland. B2Gold forecasts total consolidated gold production of between 860,000 and 940,000 ounces in 2024.

ON BEHALF OF B2GOLD CORP.

“Clive T. Johnson”
President and Chief Executive Officer

Surfer44,

And it starts. Gold is going to rip. More and more countries of us are tired of us trying to tell them what to do.

Boing X 2

wshaw14,

Same here. The difference is they have much more going on then most are aware of. Snowline gold in the background. Matador mining potential of a 60M ounce find or more, the Sabina Deal and much more. Plus a great dividend while we wait. Just sucking up more share in the mean time.

Boing X 2

Zimbabwe launches new gold-backed currency - ZiG
5 April 2024
By Shingai Nyoka,
BBC News, Harare


The new banknotes come in denominations from 1 to 200
Zimbabwe has introduced a new gold-backed currency called ZiG - the name stands for "Zimbabwe Gold".

It is the latest attempt to stabilise an economy that has lurched from crisis to crisis for the past 25 years. Unveiling the new notes, central bank governor John Mushayavanhu said the ZiG would be structured, and set at a market-determined exchange rate. The ZiG replaces a Zimbabwean dollar, the RTGS, that had lost three-quarters of its value so far this year.

Annual inflation in March reached 55% - a seven-month high.
Zimbabweans have 21 days to exchange old, inflation-hit notes for the new currency.
However, the US dollar, which accounts for 85% of transactions, will remain legal tender and most people are likely to continue to prefer this.

The new ZiG banknotes come in denominations of between 1 and 200. Coins will also be introduced to overcome the shortage of US coins, which has seen people receive change in sweets, small chocolates and pens. Mr Mushayavanhu said the new currency was being rolled out with immediate effect and banks must convert current Zimbabwe dollar balances to the ZiG. He committed to ensuring that the amount of local currency in circulation was backed by equivalent value in precious minerals - mainly gold - or foreign exchange, in order to prevent the currency losing value like its predecessors.

Zimbabweans have a historic mistrust of the central bank, dating back to 2008, when it was printing Z$10tn notes while inflation had run out of control. It then abolished its own currency and for many years only used foreign banknotes such as the US dollar and the South African rand. In late 2016, the body introduced a new currency called the bond note that was backed by the US dollar loan facility. The then-central bank governor John Mangudya vowed it would remain on a par with the US dollar. But the bond note crashed when the government began printing excess money.

Promises have now been made by the central bank's new governor that overprinting will not be allowed to happen again. But public reaction on Friday to the latest currency reveal has been subdued. "We now end up in the same place where we started - where assurances are being given to the market that the government will live within its means," economist Godfrey Kanyenze told the BBC.

"The political culture has not changed - the critical point is discipline on the part of the authorities. "The announcement of the new currency comes as the country is grappling with the effects of a serious drought, which has destroyed half of the country's crop of the staple food, maize.

I usually dont touch a company with this many shares outstanding, but I did buy in today.

Looks like a bottom has been put in and OBV has turned up.

BTG has ownership in Snowline gold,

"https://www.youtube.com/watch?v=9Dt6VAaDXac"

Boing X 2

Video from Clive,

"https://www.bnnbloomberg.ca/video/rumours-that-malian-government-is-going-to-take-over-our-fekola-mine-are-not-true-b2gold-ceo~2918386"

Boing X 2