Ann: Notice of Special Meeting and Proxy Form, page-26

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    Also if you read that ASX notice the report points out no produced gold can be sold at a loss. It must be at a profit margin of plus 17% or higher to be sold. Given the ASX notices and the annual report states below its only 274,439.61 oz at an average prices USD 1,864.36 to be delivered under the GPA. The rest can be sold at the spot price (ie. today it is USD:3,358.90 oz).

    https://hotcopper.com.au/data/attachments/7045/7045258-d4a70331863de21dce6d018e322c5717.jpg

    https://hotcopper.com.au/data/attachments/7045/7045256-e15ceb761ad4813ac5d79986c910c284.jpg

    And someone else may want to takeover the GPA since its quite profitable to them at those prices and complete the USD 300mio. If not, there is nothing stopping BEZ putting another GPA behind the first one with someone else. Go read the 88 pages as BEZ is in a good position that the GPA stopped at 4 contracts and they did not sell forward anymore contracts below USD 2,000 oz. Don't you think so?

 
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Last
5.4¢
Change
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Mkt cap ! $22.43M
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5.4¢ 5.6¢ 5.3¢ $29.29K 539.5K

Buyers (Bids)

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2 152284 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 12500 1
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