For the 372580oz that is already locked into a binding contract, in the years 2028-2030 if average gold price at that time is:
- USD $3500/oz, Quantum stands to benefit:
372580oz × (USD $3500 - $1710) ÷ assumed 0.68 AUD/USD FX rate = AUD $981mil.
- USD $4000/oz, Quantum stands to benefit:
372580oz × (USD $4000 - $1710) ÷ 0.68 AUD/USD = AUD $1.25bil.
That is for only USD $35mil payment in advance for 372580oz.
If Quantum goes to USD $300mil for roughly 2.3mil oz to 2.4mil oz, you work out how much Quantum will potentially make out of it.
Enough free maths work from me.
For the 372580oz that is already locked into a binding contract,...
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Last
9.6¢ |
Change
-0.002(2.04%) |
Mkt cap ! $40.13M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.5¢ | $65.14K | 677.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 273 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 9.8¢ | 72165 | 1 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
9.8¢ |
Change
-0.002 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| 9.8¢ | 9.8¢ | 9.4¢ | 144548 | ||
| Last updated 15.12pm 06/05/2024 ? | |||||
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