In that regard, Besra advises that in calendar year 2022 QMG contracted to place bullion to the value of MYR 884,588,999 (A$295m) to the Malaysian market (including government bodies, banks, financial institutions and merchants), which equates to revenue of A1.45b. Besra notes that pursuant to the Facility, Quantum can deposit up to US$120m for the first 12 months following completion, this sum equating to only 12.5% of QMG’s 2022 revenue of A$1.45b.
BEZ Price at posting:
9.4¢ Sentiment: None Disclosure: Not Held
