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Laurence Read, managing director of Bezant Resources PLC (LON: BZT), believes that the state of mind of copper badets has changed and that it operates in the Philippines.
This should help him to go ahead with his huge Mankayan project in the country, he said.
"It's a good badet. If it was in Utah, we would have a line of buyers, "he told Proactive.
In the Philippines, other favorable mining tax changes have been proposed, which can help find a partner, he added.
Meanwhile, Read is excited about the potential of the Buffalo project in Zambia, where he recently opted for an option.
It's a less important opportunity and much more in line with Bezant's profile, he says.
A reorganization of the share capital is planned to enable Bezant to raise funds to advance all its projects.
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