Even 100% dilution now raises only $37m. That's not building a mine. It may take 5-10 times that if a pilot plant and DFS allow progress to that.
So I'm happy to watch now until Quantum show evidence whether:
- they are good for the money they already owe Besra
- those trying to redeem their 5x and 10x leveraged products can do so in-full in a rising market (see ysaudrey post last Tuesday)
- those leveraged products are actually hedged
- they can open an Australian bank account
- there's more independence on the board
- there's an independent and proven CEO
- they can drill and hit more gold
- there's some progress re a pilot plant
- there's clarity on where things stand if they go belly-up
All this on the back of Bennett and Seton being ousted is just too co-incidental for me right now I'm sorry. I post here now to raise and seek answers to this other side of the coin. Afterall, it's a forum, not a cheer-squad.
- Forums
- ASX - By Stock
- BEZ
- BEZ REVIEW
BEZ REVIEW, page-101
-
- There are more pages in this discussion • 870 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BEZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.39M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
BEZ (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online