Ann: Experienced Mining Professional appointed, page-36

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hpark

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01/08/24

12:48

Post #: 75025503
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Originally posted by thebard: ↑

alright for starters I believe in the project.
I've held nearly 2 years through good and bad. The main issues holders faced was the exit of Pangea last year and recently QM who are funding the offtake agreement have had a rough 12 months.

Besra is independent to QM although they share directors at this stage.

The appointment off extra staff and a more communication from Besra is what we have been crying out for, which I think has fueled today's rerate.

the Jugan field is mineralised and often referred to as a carlin trend style mine. Drills results are solid, the pilot plant which is due to arrive on site is solid (see YSAudreys posts), the recent announcement of it appointment is a solid choice. Everything so far has been by the book, although we can go months without a word from Besra and only get fed information from members here who email the company and share.

QM wants the gold for its shariah compliant business model, shariah is foreign to me but it's a mandatory system for much of the world and has its own set of rules, such as gold must be stored in specific vaults etc etc etc.

My personal opinion is that Besra no longer needs (or relies on) QM or any further funding given their cash on hand. Something many will disagree with.

Some posters in here are very valuable sources of information, some are off their chops. I hope to sit somewhere in the middle. Sorry this doesn't help you many of the smarter more informed posters will hopefully do you better.

My HC sentiment is only set to hold due to the ridiculously low SP but I took advantage of this I picked up another bundle this morning due to finally reading good news. (first purchase in 6 months)

There are many top 40 holders in this forum, some are incredibly enthusiastic. Also many non holders posting speculative rubbish but you get that everywhere.

I'm open to be corrected if I have made a mistake.
Cheers all, enjoy the sun today.

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Thanks. What a nice way you articulated everything. I fully agree with you for everything you said.

BEZ Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
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Ann: Experienced Mining Professional appointed, page-36

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