Morning Trading May 29, page-26

  1. 1,565 Posts.
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    Morning All,

    (For those that missed it on the pre market thread)


    Facts about BEZ

    MC $37mil AUD
    cash $30mil AUD
    just announced further $15mil AUD from gold purchase agreement
    3mil ounces in gold
    Pilot plant delivery of equipment in progress
    Gold price $2.350 USD
    No dilution due to gold purchase agreement

    THIS IS UNDER CASH VALUE WITH NO EV.

    Do the maths here ! I am baffled.

    Disclosure: I am a top 20 holder of this stock.
 
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