BEZ 5.49% 9.6¢ besra gold inc.

My dumb calculation question. What is BEZ worth right now in...

  1. 1,447 Posts.
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    My dumb calculation question. What is BEZ worth right now in simple terms per CDI versus its gold asset?
    We have 3mio JORC oz.
    AUD gold 3,500 oz.
    Yes a small amount of gold so far is locked in with QM around say $1,900 oz (remember the agreement allows us to sell between a 1/3 to more than that at different levels at the current spot price).
    We have about 418,100,907 mio CDI's on issue (i have for now excluded options and performance rights for simplicity purposes)
    Say cost extraction is USD $1,300 oz ( I am using a higher than the BEZ/QM estimate of USD $1,100). AUD equivalent is $1,674 oz.
    CDI per share gold value after cost extraction is AUD???

    3,000,000 * (AUD 3,500 less AUD 1,674) is AUD 5,022,000,000.
    Divide 418,100,907 by AUD 5,022,000,000 equals ........per CDI.

    That is just a quick and dirty layman's terms back of the envelope unsophisticated per share valuation.

    This is why a previous poster suggested in a few years time BEZ could possibly be not a Disallowed but a 100 bagger at the current price of around 10c per CDI.

    Last edited by ronme: 04/04/24
 
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