BEZ 5.00% 10.5¢ besra gold inc.

Ann: Change in substantial holding, page-105

  1. 5,347 Posts.
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    The figures in this deal are amazing if I understand it correctly. I believe for each 10 million we recieve we are effectively committing to supply 200 million dollars of gold at whatever the prevailing gold price is at the time the deposit was made.

    If money recieved to date is all 5% payment then we have already sold 360 million dollars of gold at prevailing price for 18 million odd received
    If gold is going to break out and run above $2000 usd it would be better I'd it does it quickly so we can lock in the higher price at each further deposit. Assuming there are more deposits of course.
    Seems by the end of this month we should potentially have 30 million but we only seem to have 10 million In monthly payments as of today.
 
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