Yeah, I’ve pointed this out before. 5000 pans at 10gms per pan (his words) is 5kg of gold.
5kg = 176 ounces
176 ounces x around US$2000 = US$350,000
US$350,000 =. $530,000
Not insignificant but undisclosed to market.
Ann: Application for quotation of securities - CLZ, page-42
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