B2Gold Corp (BTO) Share Price

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

Aurion BTG JV

"https://finance.yahoo.com/news/aurion-resources-elects-not-exercise-110000489.html"

Boing X 2

Everyone on Yahoo finance is talking about a conspiracy that the numbers are not released yet. DUH! BTG is located in Vancouver so it is an hour later.

Boing X 2

This thing looks like it is so far under valued with al its got
The price should be 3 X what it is JMO

Rupert continues to find more gold. BTG with ownership. Great drill results.

"https://finance.yahoo.com/news/rupert-resources-reports-results-winter-110000080.html"

Boing X 2

More gold Snowline, BTG has some ownership.

"https://finance.yahoo.com/news/snowline-gold-discovers-four-reduced-100000432.html"

Boing X 2

Better description,

æMatador Mining has secured the option of acquiring the Blue Cove Copper Project in southeastern Newfoundland.

Sampling indicates up to 10.6% copper and 106 g/t silver, revealing substantial untapped potential.

The move aligns with Matador's strategy to expose shareholders to low-cost, high-potential copper exploration opportunities.

The acquisition enhances Matador's Newfoundland portfolio, with plans for early-stage exploration to commence by the end of the Canadian summer."

Boing X 2

PR on Matador Mining. BTG has ownership.

Off the chart copper find at 10.6 percent copper along with silver. That beats SVM buy of second highest copper mine at 5percernt.

Wow!

"https://themarketonline.com.au/matador-snaffles-high-grade-copper-play-in-newfoundland-2024-05-01/"

Boing X 2

New PR from Rupert drill results. Increasing the value of their stock offer to BTG.

"https://finance.yahoo.com/news/rupert-resources-reports-results-winter-110000080.html"

Boing X 2

Ok, I am going to speak up here, The yahoo finance board posters don't do their research. All they want to do is for BTG to buy back shares.

I will say, I am not sure I agree for the following reasons.

Crestcat capital on a video yesterday said Scott Bergdal just bought out the remaining competitors on the adjoining site. They have kept quiet for three years on this. What this means is, he now own the whole enchilada.

"The Einarson property covers 5 primary target areas for Carlin style and epizonal orogenic gold mineralization with high-grade surface grab samples and kilometres-scale gold anomalies in soils."

If BTG is going to end up buying Matador Mining and Snowline Gold out they have to have their guns loaded. Buying back shares vs. saving up to buy out these two along with getting Goose Project are first priority. Besides they have BeMetals in the wings.

Not one poster on Yahoo has figured out that Matador is drilling for a potential 60M ounce potential mine. They have no clue on Snowline.

This whole weekend I have seen wild speculation on gold and silver. Some think Gold is going to be the next bitcoin. Predictions of 40K gold and 2,888 silver.

Some are saying Biden in trouble and going to talk Monday. Some are saying Yellen is going to push a bond short squeeze Mon. or Wed. as she says inflation under control. Not from what I am seeing.

If the Fed which meets Mon. and Tues. says inflation is still a problem this would be her way to try and get rates down;

I say give BTG time to try and tie down Matador, Snowline Gold and get Goose up and running. Also, don't forget Calibre is starting the Valentine mine and that may be on our buy list.

Boing X 2

Well at least we are maintaining out 9.9 ownership,

"The Company also completed a concurrent non-brokered private placement of 405,000 FT Shares at the Offering Price for additional gross proceeds of C$3,159,000, through which existing shareholder B2Gold Corp. (TSX: BTO, NYSE American: BTG, NSX: B2G) subscribed to maintain its 9.9% interest in the Company.

"The present financing provides Snowline the bandwidth to significantly expand the scope of our upcoming field season, allowing us to simultaneously pursue exploration at our Rogue Project's Valley target alongside an aggressive regional drill campaign," said Scott Berdahl, "

Boing X 2

Snowline Gold keeps adding gold. BTG has some ownership. BTG needs to be the one to take them out with the acreage they have.

"https://finance.yahoo.com/news/snowline-gold-consolidates-100-einarson-100000087.html"

Boine X 2

Adrian Day mentions BTG @ 29:30

Thanks!

New article about wind mills etc.

"https://www.msn.com/en-ca/news/other/review-board-recommends-wind-farm-at-western-nunavut-mine-be-approved/ar-AA1nwWRZ"

Sounds like it might be approved.

Boing X 2

Surfer44,

Great going. Welcome to the board.

They do pay a good dividend.

Boing X 2

Thanks Boing. I bought in yesterday. I need to add a gold miner to my silver miner.

surfer44,

You just almost gave me a heart attack. I had to back out to see if I was on the right board. Last we talked you said you were not going to buy BTG. Did you?

Assuming you did, I picked up that Matador Mining had 3 trades yesterday from what I can tell. 1M, 100K and 600k.
This am. right off the bat was a345k trade. I am hoping it was BTG buying.

Matador is drilling what could be a 60M ounce deposit. One of 4 or 5 potential. BTG has ownership in Matador.

Calibre bought the mine next to us. BTG has ownership in them likewise. I have a suspicion BTG has a good feeling about the drill results being tested and reported next month. IMHO.

Also, I love BTG dividends. Stay tuned for the drill results next month. Welcome aboard.

Boing X 2

I love dividends!

Yeah, but he’s been saying that for 20 years now.

Oh Boy,

Andrew McGuire, from Live From the Vault, just said silver should be at 200.00 right now. He further said breech of the 50 buck level and silver goes parabolic. He further sates gold valued under 3K is grossly undervalued.

Boing X 2

Thanks for the info. I am heavy allocated here and any pullbacks to what I feel are irrational prices, I’m buying. I’ve been selling my physical stack I started in 2003 to purchase stock because $2300 gold is amazing and $2.65 here makes no sense to me.

Sorry miggi. Autocorrect changes everything.

midge,

Glad to see you are still here.

Best I can tell it was a questionable article on Mali which the people at our plant refute that there is trouble.

Just listened to a new video on Matador Mining. "https://www.youtube.com/watch?v=uHp2okOuMnc"

IMHO this has the potential to be a barn burner. Listen all the way. Calibre just staked right next to their property. B2 involved in both.

Waiting on drill results expected in May. Potential 60M ounce mine possible.''

Check out APCX. adding airports and credit unions. IMHO unbelievable potential.

Boing X 2

I bought the dip today, but what caused it?
Saw no news and gold is up.
But miners got smacked. I grabbed some JNUG too as I’m calling BS.

Awesome drill results,


"https://finance.yahoo.com/news/calibre-intercepts-high-grade-gold-100000582.html"

Boing X 2

Oh boy,

"https://www.youtube.com/watch?v=IAvunPdVdD0"

New Bemetals video, People contacting and interested in their project. Minute 12.25 They intend to drill more. Going to drive the price up.

Feel it is a big deposit.

Boing X 2

Be Metals drill results which we have ownership in with hallmarks of large scale copper operation in Zambia,

"https://finance.yahoo.com/news/bemetals-reports-further-positive-copper-113000247.html"

Good news keeps coming.

Boing X 2

WOW JUST WOW.

Look at the drill results just east of our Matador mine by Calibre who we have ownership in and just bought our marathon gold.

"https://finance.yahoo.com/news/calibre-valentine-gold-mine-property-100000692.html"

Matador currently drilling for a potential 60M ounce mine. Ups are odds IMHO.

Boing X 2

We have crossed the 200 day and 50 day moving averages. Need to cross the 20 day moving average at 2.99 and we should take off.

Boing X 2