BEZ. They are not really lenders. They are buying gold as it is...

  1. 32,479 Posts.
    BEZ. They are not really lenders. They are buying gold as it is produced at 10% discount. Not sure how far ahead they will buy but they won't hand over all the cash at the beginning. There are T&Cs and pull-out provisions.

    Agree that it's better for BEZ than not getting production started and no dilution etc.

    I've got no opinion on the deal but I just reckon it won't be all smooth sailing. So SP might go up and down. imo
 
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