BEZ 6.25% 9.0¢ besra gold inc.

I'll tell you EXACTLY why the SP has been in the...

  1. 1,607 Posts.
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    I'll tell you EXACTLY why the SP has been in the shit......

    Jocelyn Bennett. It's that simple. Forget her trickle selling over 12 months for a minute.

    She announced the GPA as a USD$300M funding that was to be provided over 30 months.

    This was a complete phuckup on her part and miscommunication to the market, who have understandably punished BEZ's SP.

    There is no such clause in the GPA for a monthly payment to be made, and essentially JB phucked us.

    I would hope that in the next weeks or months that BEZ/Quantum make an announcement to set the story straight, since up to USD$300M has been contracted, it has NOT been stipulated to be paid by a certain timeframe.
 
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