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7.0¢ besra gold inc.

Absolutely agree. This is soooooo open ended who knows what our...

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Bazz88

1,231 Posts.

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16/01/24

16:38

Post #: 71907160
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Originally posted by ronme: ↑

I forgot to mention that my valuation figures I posted last week are based on the historical shallow drilling that was used for the 2013 JORC of about 3mio Oz.
BEZ says once they drill below the previous shallow depth's of 80 metres and expect to find additional gold that expect the JORC resource to be upgraded to between 4 to 9mio Oz.
If that was to happen you can double or triple my previous novice BEZ CDI per share valuation.
But as I said I just used simple elementary analysis of number of shares divided by JORC resource by an AUD gold price and then discounted it by 2/3's for costs.
I prefer you get a proper equity resource analyst rather than reply on my novice calculations.

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Absolutely agree. This is soooooo open ended who knows what our reserves will be in the long term. But previous estimates were another 6 - 9 M which would take us to 9 to 12 m Oz. That was before the deeper drilling etc. Exciting times ahead, specially as BEZ has so much cash to bring this to fruition.

Last edited by Bazz88: 16/01/24

BEZ Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.0¢		Change 0.000(0.00%)		Mkt cap ! $29.08M

Open	High	Low	Value	Volume
7.0¢	7.0¢	6.8¢	$2.48K	36.00K

Buyers (Bids)

No.	Vol.	Price($)
1	54091	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	53573	2

View Market Depth

No.	Vol.	Price($)
1	54091	0.069
1	379695	0.068
3	35358	0.067
1	15000	0.066
2	25384	0.065

Price($)	Vol.	No.
0.070	53573	2
0.073	20485	1
0.074	13500	1
0.079	55170	1
0.080	30000	1

Last trade - 12.41pm 13/11/2024 (20 minute delay)

BEZ (ASX) Chart