Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-24

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Corgi

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03/05/24

22:30

Post #: 73660117
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Originally posted by andrewk65: ↑

Jeez i reckon im as negative as anyone on here but you make me feel like a happy clapper lol.

The quarterly has indicated the promised money has not arrived as yet. Dissapointing/ Negative but not unexpected.

They say the money will arrive in may now- bit negative.

The gold price for that deposit will be re negotieated so no longer $1900 per oz, mow maybe $2200 ish? Surely positive?

Payments to restart June July- better than no mention- further payments haven't been discussed since december they could have said nothing? Has to be positive?

bottom line seems to be maybe money will turn up, maybe it won't and or quantum pull some sort of swifty.

Either way we all just hold and wait see or sell out. Im happy to hold as potential upside is still huge imo "if its real". Hate saying that but market seems to still think this is very low chance.
Surely if it was straightforward and in production the guesses at $1 or $2 per share would not be ramping they would make sense?? 400 million shares in a gold resource worth billions?

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all that matters is no cap raises for the foreseeable future.

whereas other gold explorer peers constantly dillute their shareholders into the stratosphere.

during a gold bull market all small caps run, regardless of fundamentals

BEZ Price at posting: 9.8¢ Sentiment: Buy Disclosure: Not Held
4 Upvote

0 Great analysis

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