BEZ 2.27% 9.0¢ besra gold inc.

Hello all BEZ and future BEZ holders.2024 is shaping up to be an...

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    Hello all BEZ and future BEZ holders.

    2024 is shaping up to be an exciting and active year for the company and the shareholders.

    What do we know:
    • Takeoff partner (Quantum) now hands on in the business and driving outcomes
    • Takeoff partner (Quantum) committed to funding the pilot plants and construction of the mine = No dilution
    • Experienced team on the ground in Malaysia
    • 3.3mil.ounces gold with upside of 100+ percent
    • Gold at all time highs
    • Very tight share register with top 40 owning 75% of the float
    • Low stock on issue 414 million CDIs
    • No short positions on the stock
    • Cash in the bank $20+mil USD as of 31/12/23
    • Shallow gold intercepts 80-100m from surface.
    • Two different mineralisation compositions at Jugan and Bekajang so additional pilot plant being considered
    • First gold concentrate produced in Dec 23 via 3rd party plant

    What is to come in and what do we expect to see 2024 ?
    • Second lot of gold concentrate from Jugan
    • Building of pilot plant at Jugan
    • Up to 3 rigs continuing to firm up and expand resource
    • Assay results from drilling
    • Expanded resource to be modelled into the DFS numbers
    • Commencement of DFS activities
    • Bekajang - Logement of feasibility study and EIA
    • Staff Hires
    • Confirmation of financial commitment by Quantum by seeing regular deposits made towards the 300mil investment in 2024

    There is lot to look forward to here and based on a market cap of $60mil AUD at the time of this post, it surely seems like a golden opportunity for a life changing investment should all the pieces fall into place and the price of gold remain elevated.

    Good Luck to all Holders and go BEZ !
    Last edited by Tymmsy: 21/03/24
 
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