BEZ 4.17% 10.0¢ besra gold inc.

First of all many thanks to Star888 and others for their...

  1. 5,890 Posts.
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    First of all many thanks to Star888 and others for their informative posts.
    I was fortunate to get a nice holding a few weeks ago .

    This company is certainly undervalued.

    US 300 MILLION in funding equates to AUS $443,590,200.00
    Just under 300 MILLION shares on issue and no further dilution for plant funding.
    The current market cap of $183.2 Million Au.
    Just based on the Capital funding alone from Quantum the Market cap should be $1.47.
    That is not taking into consideration the gold value.

    The Bau Goldfield in East Malaysia is a world-class gold project with a century long history of successful gold mining. Geologically sharing many of the attributes of the Carlin Trend in Nevada, which underpinned both Newmont and Barrick, the Bau Goldfield has multiple deposits and an established (JORC/NI 43-101) gold resource, exceeding 3 Mil oz, as well as a JORC Exploration Target of between 4.9-9.3 Moz(1) Besra holds a 97.8% controlling direct and indirect interest in Bau Goldfield, including a 92.8% equity adjusted interest.
    A feasibility study, released early in 2014 and subsequent further studies have provided the foundations for Besra’s next phase in progressing Bau development into the “company maker” project we believe it to be. With its existing large Resource Inventory this progression entails lower risk, “brown-field” activities concentrating on those deposits with the largest existing Resource expansion potential (Jugan, Pejiru, Sirrengok and Bekajang).
    Besra’s interests in Bau is via a consortium with a Malaysian company with material Bumiputra interest that owns rights to mining tenements, situated in the Malaysian Federation State of Sarawak, East Malaysia.

    ALL IMO
 
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Last
10.0¢
Change
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Mkt cap ! $43.90M
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10.0¢ 10.5¢ 9.9¢ $69.37K 684.2K

Buyers (Bids)

No. Vol. Price($)
2 25900 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 340991 4
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Last trade - 15.06pm 02/05/2024 (20 minute delay) ?
Last
10.0¢
  Change
0.004 ( 4.17 %)
Open High Low Volume
9.9¢ 10.5¢ 9.9¢ 261779
Last updated 15.06pm 02/05/2024 ?
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