Australia's largest stock trading and investment forum Australia's #1 stock forum

BEZ not to mention the 5c raise that's being sold into. Well...

First 79 Last

Share
Profile

Follow
Cheeky-Charm

4,646 Posts.

428

22/03/23

15:18

Post #: 66902709
Share

Originally posted by Endless: ↑

BEZ. I had a closer look.

Basically they are getting staged finance from forward selling potential gold production at 15% discount to the going rate. This $300M is over a long time and could be many hiccups with building a project in Sarawak?

Trader would take profits but I reckon even if this goes well there will be many ups and downs. You'd prob be better off taking profits and buying back at lows if you are keen on it LT. Espc in the early days when it's just getting started. And the profitability is still not definite.

The guys putting up the cash are not taking that much risk cos they are buying gold at 10% discount and the $$$ has to go towards further gold production. (The other 5% goes to guys who set up the deal)

Hard for the avg punter to place a real value on this? imo

Expand

BEZ not to mention the 5c raise that's being sold into. Well done to them at the expense of the amateur noobie to the markets
Upvote

Reply

Top Stories

FHE

Frontier Energy achieves key milestone for Waroona energy project

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

TLG

Talga to form joint venture with lithium producer SQM to develop Sweden's Aero project

There are more pages in this discussion • 50 more messages in this thread...

First 79 Last

SPONSORED BY