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gday tymmsy ,, my understanding is there wont be a second pilot...

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fiat500k

753 Posts.

140

21/03/24

15:24

Post #: 72997415
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Originally posted by Tymmsy: ↑

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 !

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gday tymmsy
,, my understanding is there wont be a second pilot plant , but a second crushing and loading facility at beckajang to transport material to jugan pp , however in time there will be 2 processing plants at seperate locations at the bau project , so as to process the different types of mineralisation at the bau project and minimise transport requirements

that is at least how i interpreted the conversation i have had , I may of misunderstood the man but that is my understanding

DYOR IMHO HODL
BEZ Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

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