Tran - Quantum is not directly funding the $300M.
I am lead to believe its coming from the sale futures option - refer below.
All Quantum have done is secured access to the possible supply of 3Moz, and are using a "local mine" to promote their product to locals.Purchase of GAE 5X / 10X product series from Quantum Metal is given on a Credit Term basis and NOT as a loan to customer. An equivalent purchase value of gold grammage will be directly credited into Purchaser’s GAE 5X / 10X respectively to meet the Shariah compliances upon receive of payment by QM. The Purchaser has a 100% holding of the said grammage and may sell it at any desired time.
Tran - Quantum is not directly funding the $300M.I am lead to...
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Last
9.2¢ |
Change
-0.003(3.16%) |
Mkt cap ! $38.46M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.6¢ | 9.1¢ | $19.25K | 206.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 85000 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 6000 | 1 |
View Market Depth
| Last trade - 15.55pm 14/05/2024 (20 minute delay) ? |
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Last
9.3¢ |
Change
-0.003 ( 2.11 %) |
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| Open | High | Low | Volume | ||
| 9.4¢ | 9.4¢ | 9.2¢ | 23436 | ||
| Last updated 15.58pm 14/05/2024 ? | |||||
| BEZ (ASX) Chart |