Australia's largest stock trading and investment forum Australia's #1 stock forum

BEZ

Click for more information

0.00%

9.9¢ besra gold inc.

I think what is scaring people is whether QMR are liquid and...

First 71 Last

Share
Profile

Follow
JoeCool5150

1,525 Posts.

173

27/03/24

10:17

Post #: 73077597
Share

Originally posted by Gentrax: ↑

QMEI is the US entity that is seeking to complete a NASDAQ listing over the next 6 to 12 months.

QMEI is not funding the Off-take, that is a seperate entity known as QMR.

From what I understand is that QMEI are looking to do a placement in the US on NASDAQ.

It appears that in December 23 they began doing presentations to their consultants a chance participate in a private placement prior to a future NASDAQ listing. The issue at hand is the way it was presented, probably done prior to a prospectus being issued. I guess the MSC had no choice but to act.

My bet is that QMEI will now finalise a formal prospectus, have it authorised by the MSC and that will be end of that.

BEZ's fundamental have not changed, it still has gold in the ground, and cash in the bank to finalise an updated Feasibility report.

Expand

I think what is scaring people is whether QMR are liquid and solvent to continue funding the Bau project.

BEZ Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Time for retail therapy buying in the shopping Scentre for hot stocks

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Eurozone-based companies find new ways to secure a regional lithium supply

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

End of FY is a time to juggle wins, losses and capital gains taxes

There are more pages in this discussion • 27 more messages in this thread...

First 71 Last

Add BEZ (ASX) to my watchlist