In the video someone posted about 2 weeks ago, DATO said 2 things:
1. Quantum is holding 32% of Besra (not 30%). That can only be possible if they got other accounts or associates buying more of Besra shares and keep them under different account names.
2. The All-In-Sustaning cost (AISC) is around USD $1100 per oz.
My personal opinion based my research and comparisons with other projects in Australia (higher mining cost jurisdiction) for underground operation (again higher cost compared to shallow open pit mining method for BAU project) is that ASIC will be somewhere USD $900-$1000 per oz. But dont hold me to that opinion.
The spot gold price by the time BAU project is in production which is probably 2027 is forcasted by Morgan Stanley, UBS, Citi Group,...is much higher than USD $3000. Gold price looks like it is going to USD $2500 just in this year alone.
Someone can verify that by listening to the video again please.
BEZ REVIEW, page-319
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Last
6.5¢ |
Change
-0.005(7.14%) |
Mkt cap ! $27.17M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.0¢ | 6.5¢ | $3.359K | 49.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 158895 | 6.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 185300 | 1 |
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| Last trade - 10.17am 29/07/2024 (20 minute delay) ? |
| BEZ (ASX) Chart |