BEZ
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0.00% 9.9¢ besra gold inc.

BEZ A Golden Year in 2024, page-71

  1. Tran
    2,915 Posts.
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    25/03/24
    15:50
    Post #: 73046715
    1. The USD $9.83mil already locked in at USD $2002.82/oz REFERENCE PRICE.

    https://hotcopper.com.au/data/attachments/6056/6056582-bad3388b00d537c2d6c590c3cc22a39e.jpg




    2. The REFERENCE PRICE is based on prior 5-day VWAP on LME (London Metal Exchange) spot prices.

    https://hotcopper.com.au/data/attachments/6056/6056583-899b7bd37f264ed68d0f0386327b3d9a.jpg





    So, there is not much that QM can do to time the payments unless gold price shoots up significantly over night, then QM can lock in lower price using previous average price on LME.


    BEZ Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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