The 300m off take agreement has changed this company from a traditional ASX stock. Besra does not need to punch out announcements left right and centre. At this stage they do not need to please shareholders to keep the share price up for capital raises etc. The only timelines they need to stick to is what Quantum want. We are merely along for the ride at the moment.
- The pilot plant cost + set up is under 5m. Paid in cash and no capital raise.
- Drilling paid for in cash and no capital raise.
- The last 9.5m you so desperately want, what are they going to spend it on? They have zero need for it at the moment and likely not need more money until next year.
Pilot Plant - Think what the intention is for a pilot plant? They won't be building a mine in 2024. The pilot plant testing phase will be well and truly into next year.
I don't think you're cut out for this game.
The 300m off take agreement has changed this company from a...
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Last
9.8¢ |
Change
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Mkt cap ! $40.97M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.8¢ | $32.45K | 326.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 40209 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 9.9¢ | 71428 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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10.0¢ |
Change
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| Open | High | Low | Volume | ||
| 10.5¢ | 10.5¢ | 10.0¢ | 107659 | ||
| Last updated 15.47pm 03/05/2024 ? | |||||
| BEZ (ASX) Chart |