Cheapest gold ounce in the world

Gold U$D1.860 and Amani issue shares at lowest possible...

It is the only gold asset in the world that didn't go up in 2020.

Total placement:
Tranche 1: 1.000.000.000
Tranche 2: 1.550.000.000
Attaching options x 1,5: 3,825,000,000

Total cash from the entire placement, including the exercise of the options: AUD 8,287,500

Total new shares: 6,375.000.000
Total shares at the end of the placement: 13,213,196,747

The new shares are 48% of total of the company for U$D 5,884,125.

4.100.000 gold ounces

Amani has 65% of Giro Project: 2,665,000 ounces.

The buyer of 48% of Amani will buy 1,279,200 on Resources, and will pay U$D 4,60 per ounce.

Cheapest gold ounce in the world.