At USD $2500 price and at FX rate of 0.67 AUD/USD, by paying AUD...

At USD $2500 price and at FX rate of 0.67 AUD/USD, by paying AUD $58mil in advance for 372580oz of gold contract for future deliveries, QUANTUM would be sitting on AUD $439mil profit.

372580oz × (USD $2500 - $1710) ÷ 0.67 = AUD $439mil.

By the end of this year if gold price is USD $2700-USD $3000 as now forcasted by some major international institutions, the 372580oz of binding contract so far would give Quantum profit of AUD $550mil to AUD $717mil. Put it in perspective, by paying AUD $58mil in advance, by the end of this year alone, Quantum could be sitting on $550mil to $717mil.

By the time Quantum receives the 372580oz in 2028-2030, it could be sitting on AUD $1bil - AUD $1.3bil profit if gold price is at USD$3500 - $4000. Just paying AUD $58mil 4 years-5 years early, to reap potential reward of AUD $1bil - $1.3bil.

If Quantum is to go all the way with 3mil oz off-take contract (which is more realistically around 2.3mil oz - 2.4mil oz, due to new higher gold prices), Quantum stand to benefit many multiples×($1bil-$1.3bil).


Do your own maths.