Bring it home BEZ :-)

Hey Star ... a good run down on what Quantum metals are all about and their worth... it's pretty impressive! and as you point out US$10m a month is easy money to deliver! it's a serious win/win situation for Quantum and a Huge win for Besra DEBT FREE !!!! .... NO CR's !!!! ....LOW SOI !!!

Debt free funding

The US$300m facility is being made available to Besra as an effective 5% deposit of the Reference Price – the five-day average of the London Metal Market gold price with a floor price of 115% of the all-in-sustaining cost at the time of delivery – on future gold production up to 3Moz.

Once production begins, Besra will receive the remaining 85% of the Reference Price – including a 10% discount and less the pre-paid deposit – for each ounce of gold covered by the facility delivered to Quantum

Deliveries to Quantum are to be made from all gold produced up to 25,000 ounces of gold and thereafter 65% of gold produced, leaving 35% of production unassigned.

November 2022

The “exceptional” high-grade gold intercepts show potentially a “very significant understorey of mineral endowment”, according to Besra Gold.

A further round of drilling will start shortly to follow up on these results.

Commenting on the news driving this ASX gold share today, CEO Dr Ray Shaw said:

"The results of the BKDDH drilling program highlight just how little understood are the controls on mineral endowment within what is the most mature sector of the Bau Gold Field corridor that includes two very significant historical mines, Tai Parit and BYG.

The potential implications of the exceptional grades intercepted during our recent drilling, demand priority follow-up, and may lead to a fundamental revision and upgrade of Bekajang’s potential"

The results of the BKDDH drilling program highlight just how little understood are the controls on mineral endowment within what is the most mature sector of the Bau Gold Field corridor that includes two very significant historical mines, Tai Parit and BYG.

The potential implications of the exceptional grades intercepted during our recent drilling, demand priority follow-up, and may lead to a fundamental revision and upgrade of Bekajang’s potential

Bring it home BEZ