No, if funding stops then work stops and bez becomes like every other small cap gold explorer on the asx.
bez has circa $30mil in cash and is currently burning less cash then 95% of all other small cap gold explorers.
out of all specs on the ASX Bez has the most cash to wait out the next gold bull market whereas all others will continue to dillute whilst waiting for the gold bull market to return.
THAT IS 100% THE PLAY FOR ALL SPECS.
NO ONE BUYS SPECS BECAUSE THEY ARE GOOD OPERATORS OR INVESTMENTS. ALL SPECS HAVE THEIR OWN PROBLEMS.
YOU BUY SPECS FOR THE MULTI-BAGS DURING A BULL MARKET.
DURING A BULL MARKET ALL SMALL CAPS RUN.
THOSE WHO WERE AROUND IN 2010 & 2020 SHOULD F'N KNOW THIS.
IMO QUIT YAPPING ABOUT THE FUNDAMENTALS BLAH BLAH BLAH. NO ONE REALLY CARES. ALL SMALL CAPS HAVE PROBLEMS.
YOU EITHER BELIEVE THERE IS A BULL MARKET COMING OR NOT. IF YOU DO, BUYING NOW MEANS YOU ARE TAKING THE LARGEST RISK FOR THE LARGEST RETURN. OTHERWISE, IMO, BEST TO WAIT TO SEE LARGER INFLOWS INTO SPECS.
AGAIN, QUIT YAPPING ABOUT FUNDAMENTALS BLAH BLAH BLAHHHH
BEZ Price at posting:
9.8¢ Sentiment: Buy Disclosure: Not Held
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