BEZ 4.17% 10.0¢ besra gold inc.

So these Quantum guys are just going to:Keep on giving the...

  1. 307 Posts.
    lightbulb Created with Sketch. 17
    So these Quantum guys are just going to:

    Keep on giving the company money up to US$300m,
    Bear 100% of the risk until the company starts producing gold,
    Which they will buy at 90% of the somewhat spot price, subject to that price being a decent margin above the company's AISC?

    Am I reading the agreement right?
 
watchlist Created with Sketch. Add BEZ (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
0.004(4.17%)
Mkt cap ! $43.90M
Open High Low Value Volume
10.0¢ 10.5¢ 9.9¢ $69.37K 684.2K

Buyers (Bids)

No. Vol. Price($)
2 25897 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 340991 4
View Market Depth
Last trade - 15.31pm 02/05/2024 (20 minute delay) ?
Last
10.0¢
  Change
0.004 ( 4.17 %)
Open High Low Volume
9.9¢ 10.5¢ 9.9¢ 261779
Last updated 15.06pm 02/05/2024 ?
BEZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.