Bezant Resources PLC (AIM:BZT, FRA:BN5) expects its portfolio of copper projects to get a boost from higher copper prices from 2022 and beyond.
The junior posted a net loss of £486,000 in the half-year to end June 2021, with around £407,000 cash at the end of the period.
Earlier this week, Bezant said it had narrowed its drill targets at its Hope Copper-Gold licence block (EPL 5796) in Namibia down to four that will start to be drilled from November.
Bezant has also acquired manganese licences in the Kanye area of southern Botswana to tap into expected demand for high-grade manganese in the storage battery space.