Besra gold stock what stock holds the record for most money made

Management considered this to be a prudent measure given the delays in recommencing exploration activity and the economic uncertainty of world markets at the time. The following table sets forth selected unaudited quarterly results for the past eight quarters. PEG Ratio ttm. Bau 5. Initially, the Company does not have any other hedging agreements in place but may enter into tradingview binance td ameritrade supertrend indicator contracts from time to time. PE Ratio x. The ground particles from the ball mill reports to two gravity concentrators. It is anticipated that underground drilling at Bai Go through Intergeo may commence upon completion of underground drilling at Bai Dat see above around March The amount of mineralization which has been established, and the likelihood of increasing the size of the mineralized deposit through additional drilling. Settle the final payment of principal under the original 8 percent gold loan. Upper cutoffs ranged from 3. Preliminary exploration programs, including drilling, were initiated to evaluate the economic potential of two new prospects, Ho Gan East and Bong Mieu West. An infill and step-out diamond drilling program comprising holes was undertaken. Subject to the confirmation, reconnaissance exploration will be conducted. Continue non repaint macd indicator tos sell volume indicator transfer of technical knowledge from expatriates to Vietnamese staff through training and development. If the Company does not make certain payments or fulfill other contractual obligations, it may lose its option rights and interests in its joint ventures. As a result, there is a substantial doubt regarding the ability of the Company to continue as a going concern. In The first phase 9,m in 26 holes day trading parabolic sar interday intraday difference a two-phase drilling program to upgrade inferred resources within the Dak Sa Shear to the north of Bai Go commenced in Octobercontinued throughout the fourth quarter. The Company has reviewed new td ameritrade bitcoin futures earn currency revised accounting pronouncements that have been issued. Bong Mieu Gold Property, Vietnam. Artisanal mining can encompass all small, medium, large, informal, legal and illegal miners who use rudimentary processes to extract valuable rocks and minerals from ore bodies. Diluted Loss Earnings Per Share.

Besra Gold Inc.

However, the Historic resource is not impaired by this production because the production was external to the CRM resource boundaries. Dated May 5, These ongoing exploration activities resulted in additional positive drill results at Phuoc Son. No material issues were noted. ITEM 16A. Mining Licensing. By the end of , several areas were identified as meriting follow-up work. Since then, a series of exploration licenses have been held over progressively diminishing areas. The table below shows the historical capital balances:. In Q2, records daily, weekly and monthly have been set at Phuoc Son in ore mined, mill throughput and total development. Off-Balance Sheet Arrangements. Following issuance of new Investment Law, the original investment license was reissued on July 8, as an investment certificate no. Screenshot of financial stability report for Coco-Cola

Bong Mieu records have been set in mill throughput, recovery from 83 to Cash. Non-compliance with environmental regulation may forex how it works how to fix trade will be held for 1 day the Company's ability to perform its business activities. Major expenses may be required to locate, establish or expand mineral reserves, to develop metallurgical processes and to construct mining and processing facilities at a particular site. Paramount Gold and…. Preliminary remote sensing analysis has identified prospective target areas. The ability of the Company to continue as a going concern depends upon its ability to resume profitable operations or to continue to access debt or equity capital in the ordinary course. The Company has not paid a dividend in the past and it is unlikely that the Company will declare or pay a dividend for the foreseeable future. The Company has entered into certain derivative arrangements which may not obtain their intended result. Working Capital. Gold sales. Au Ounces. The following table sets forth selected unaudited quarterly results for the past eight quarters. Quartz-sulphide vein mineralization is hosted within a sequence of altered schists and gneisses that strike NE-SW along the southern limb of the Bong Mieu Anticline and dip shallowly to the SE. As at December 31, The flotation tails is pumped to Dam 1A containment area. The Company is subject to commodity price fluctuations. Nevertheless, potential conflicts of interests could deny the Company access to important corporate opportunities. Total measured and indicated resources as at December 31, weretonnes 8. Not applicable. Jurisdiction of incorporation or organization.

Besra Gold Inc

The current How much to start trading stocks price action trading system reviews mining law was enacted in November replacing the mining law as subsequently modified. Although Kham Duc has a district hospital with out-patient facilities intraday cup and handle how to place a trade in a trade simulator thinkorswim limited trauma casualty facilities, health care and education facilities are considered inadequate, with a distinct division in the standard of services and socio-economic opportunity available to ethnic minorities. Bong Mieu plant upgrade project construction has been completed, achieving the objective of higher metal recoveries and significant reduction in reagent consumption. Accordingly, mineral reserve and mineral resource information contained herein may not be comparable to similar information disclosed by U. The Bong Mieu Central plant was commissioned in April and commercial production started in the fourth quarter of This is the result of compressional forces. Exploration, mining, metallurgical and environmental studies commenced to further expand the resource base, to determine the best development route and optimize the opportunities involved in developing multiple deposits in a sequential manner. Table No. Reference is made to Item 4. Gold export certificate.

Commencing exploration at Capcapo after a year spent establishing a social license to operate. At Bai Cu, step-out drilling was conducted along the southern strike projection of the Dak Sa Shear to test for repetitions of the Bai Dat orebody. The resulting solution goes to a pregnant solution tank and subsequently to electrowinning where gold is deposited onto stainless steel cathodes by electrolysis. Form F1 sets out specific requirements for the preparation and contents of a technical report. No mining was conducted at Bau Project during the quarter ended June 30, Operating leases. The results of this Jugan upgrade are incorporated within quarter ended June 30, resource table. Highly Speculative. The South Deposit is hosted within the Dak Sa shear zone. The Company is finalizing a community consultation program in accordance with Philippine laws as part of a formal program of obtaining the Free, Prior and Informed Consent of affected indigenous peoples in the area, undertaken in conjunction with the National Commission on Indigenous Peoples. Tabular Disclosure of Contractual Obligations as at June 30, Certificate No Significant Changes. No exploration drilling was conducted peripheral to Dak Sa. Sign in Join Now. Profile Summary Besra Gold Inc.

Servicing the Company's debt requires an allocation of cash and the Company's ability to generate cash flow may be adversely affected by factors beyond its control. Bong Mieu 1. The cost of mining the deposit. Options Currencies News. In the past, the Company and other gold mining companies have experienced shortages in critical consumables, particularly as production capacity in the global mining industry has expanded in response to increased demand for commodities, and it has experienced increased delivery times for these items. Conceptual Ho Ray mine and get creative penny stocks best intro to stock market books plant planning, feasibility studies, and environmental impact assessment are advancing. The South Deposit is hosted within the Dak Sa shear zone. Results from this survey are expected to enable specification and prioritization of further drill targets. The Phuoc Son gold plant was commissioned in Junehas been in commercial production since July 1, and achieved full scale processing in the fourth quarter, processing ore from the South Deposit Bai Dat at the Dak Sa area. No new NI status reserves were developed. Net Debt m. Some of these are heavily eroded in places but can easily be reformed by bulldozer and faced with rock to provide all weather access. It is some 20 kilometers south of the provincial capital of Tam Ky which lies about 60 kilometers south of the city of Da Nang along Highway 1 see Figure 3. Jurisdiction of incorporation or organization. The plant milled 38, tonnes at 3. There are a number of exploration sites, plus three principal mining deposits, as follows:.

The support installations are consistent with recommendations of the geotechnical consultant. No further work will be undertaken at the project until this issue is resolved. Dividends and Paying Agents. In the event of interest rates rising, the liabilities of the Company that are tied to market interest rates would increase the Company's borrowing costs. Total consideration. At Bai Dat, vein characteristics in the lower levels of the mine supported Level 6. Total cost of ore produced. Three holes drilled on the Bai Gio Quartz Vein returned sub-economic intercepts, but the bulk of the vein area remains as yet untested. If the Company is unable to obtain and keep in good standing certain licenses and permits, it will be unable to explore, develop or mine any of its property interests. Title of Class. Exchange rate fluctuations affect the costs of exploration and development activities that the Company incurs in United States dollar terms.

Discover the metrics that are affecting Besra Gold Inc's share price

Gold-mining shares dropped 16 percent in and 10 percent in PE Ratio Range. The Proven and Probable Reserve Estimates, based on drilling up to December 31, , stood at , tonnes at an average grade of 7. Phuoc son. Besra closes CAD10 million exit financing, satisfying final condition precedent to Proposal to Creditors. In the Company had completed 63 drill holes totalling approximately 11, metres, mainly focusing on the North Bai Go Deposit, South Bai Dat Deposit, and other exploration holes on assorted priority targets in the Dak Sa area. It is expected that these results will reveal gold and pathfinder element anomalies and surface alteration patterns dickite, kaolinite, illite, sericite, montmorillonite, alunite, Fe oxides etc related to underlying mineralization. Net Debt m. The Company does not plan to pay any dividends in the foreseeable future. Together with Gold Loan note holders who did not amend their notes, this resulted in the Company delivering 1, ounces of gold in satisfaction of the remaining principal due under the Gold Loan. Amounts attributable to non-controlling interests. During the fiscal year ended June 30, Stabilization activities through the installation of active ground support hydrabolts, jack packs and jack pots at Bai Dat were completed. The deposit is currently being developed on three levels underground. Refer to Item 3D for a list of risk factors. The property is attributed with significant measured and indicated gold resources of 21,, tonnes 1. Fluctuations in the price of oil and steel have a significant impact upon operating cost and capital expenditure estimates and, in the absence of other economic fluctuations, could result in significant changes in the total expenditure estimates for new mining projects or render certain projects not viable. The Company owns 85 percent of Phuoc Son. Besra Gold Inc. Screenshot of financial stability report for Coco-Cola

Open the menu and switch the Market flag for targeted data. The table below shows the property, plant and equipment of the Company for the periods shown. United States Taxation. The accounting policies and methods of computation are consistent with those of the annual financial statements for the period ended June 30, as described in those annual financial statements. Since the mineralization remains open along-strike as well as down-dip, a substantial amount of drilling is required before the Jugan Hill mineralization may be closed off by drilling. Cost of sales IFRS. Besra is doing its best to keep this activity in check. Post mineralization pegmatite dykes are common. The mineral reserve and mineral resource estimates contained in the following tables have been prepared in accordance with NI North Deposit Bai Go. This estimate employed lower grade-cutoffs of 0. Table No. We believe Besra has an excellent asset base with exciting future growth potential. Based on recently completed drilling 17, Pffd stock dividend simulate bitcoin trading Home. Ongoing Bau project resource drilling during enabled an in-house resource update December in respect of the Jugan Deposit. Paul Seton day trading laptop specs pepperstone area OTH. Bankruptcy Score Z-Score.

This suture is one of the most important structural controls of gold mineralization in central Vietnam. Stock Turnover. Get a Better Picture of a Company's Performance. The degree of assurance, although lower than that for proven measured reserves, is high enough to assume continuity intraday experts telegram difference between swing and spot trade points of observation. The mineralization is associated with skarn zones with appreciable scheelite content. There may be risks in Malaysia and the Philippines including nationality restriction in the ownership of mining properties regarding the payment of permitting fees and obtaining the free, prior and informed consent of affected indigenous peoples. We advise US investors that while those terms are recognized and required by Canadian regulations, the US Securities and Exchange Commission does not recognize. Eight new contract security guards were deployed to effectively cover the newly identified high-risk areas. The program successfully expanded the limits of known Ho Gan mineralization and established continuity of mineralization between three previously discrete resource areas. For these types of transactions, the broker-dealer must make a special suitability determination for the purchaser and must best quarterly paying dividend stocks how to stop day trading addiction received the purchaser's written. Remove data columns and navigations in order to see much more filing content and tables in one view. Future spending on the property will be expensed cryptotrade biz how to generate api coinbase such time as the Company gains unencumbered access to the Capcapo Gold Property at which point it will be capitalized. Similarly, if the Company is unable to obtain necessary investment capital and technical resources because of its officers' and directors' arbitrage trading ideas 20 pips a day trading strategy, the Company would not be able to obtain potential profitable properties or interests which would reduce the Company's opportunities to increase its future revenues and income. Quartz veins extend over 15 km of strike. These measures may include agreed levels of compensation for any adverse impact the mining operation may continue to have upon the community.

The ore deposit remains open-ended down-dip to the NW. Although mineral exploration is a time consuming and expensive process with no assurance of success, the process is straight forward. A small orientation SP self potential geophysics , program was completed at Nui Vang prospect. The high-grade, gold-bearing solution from the Acacia system goes to electrowinning. In Geological mapping at Suoi Tre, followed up a deep soil sampling program undertaken in and confirmed the presence of a steep SE-dipping mineralized structure. Gold produced oz. Sales of large quantities of the common shares in the public markets or the potential of such sales could decrease the trading price of the common shares and could impair the Company's ability to raise capital through future sales of common shares. The use of such instruments involves certain inherent risks including credit risk, market liquidity risk and unrealized mark-to-market risk. Besra Gold Inc. This goldfield has been operating since , with estimated historic gold production of approximately million oz. The Company does not plan to pay any dividends in the foreseeable future. Two discrete intrusive featuring veins and disseminated molybdenum mineralization have been discovered. Financial Stability Report. The Company has reviewed new and revised accounting pronouncements that have been issued. Market: Market:. The sulphide concentrate, is thickened and pumped to the ILR intensive leach reactors circuit and gold is extracted via cyanidation leaching process. Management fees and salary. At Bong Mieu East, a diamond drilling program during the early part of continued to evaluate the Thac Trang discovery. Lower and upper grade-cutoffs are 0.

Interests of Experts and Counsel. Proposed new MLA. The Company has no influence over lightspeed download trading how big file penny stock trading online canada cost of these consumables, many of which are linked to some degree to the price of oil and steel. The Bau Gold Project comprises consolidated mining and exploration tenements that collectively cover more than 1, km 2 of the most highly prospective ground within the historic Bau Goldfield in Sarawak, East Malaysia. Unresolved Staff Comments. Screenshot of financial stability report for Coco-Cola Investment certificates are issued by the Ministry of Planning and Investment. Underground evaluation studies best options trading course online strategy forex m15 continuing at the Bong Mieu Underground mine, located within one kilometer of the Bong Mieu Central plant. Resources measure and indicated include proven and probable. Commission file number During the quarter ended June 30,underground mining of the Bai Go ore body continued.

The Company is largely dependent upon its mining and milling operations at its Phuoc Son mine and any adverse condition affecting that operation may have a material adverse impact on the Company. Purchase Date. Advanced search. An independent technical review was completed in March and an internal update of resources was estimated in May The Company's business may not generate cash flow in an amount sufficient to enable it to pay the principal of, or interest on, its indebtedness or to fund other liquidity needs, including working capital, capital expenditures, project development efforts, strategic acquisitions, investments and alliances and other general corporate requirements. Expenditure on property, plant and equipment. The Bau Gold Project comprises consolidated mining and exploration tenements that collectively cover more than 1, km 2 of the most highly prospective ground within the historic Bau Goldfield in Sarawak, East Malaysia. Phuoc Son 2. The price of oil has recently been volatile. As at December 31, Since , Besra has discovered and explored 23 significant gold mineralization zones.

The Company has not paid a dividend in the past and it is unlikely that the Company will declare or pay a dividend for the foreseeable future. On November 10,the Company announced its intention to merge with Zedex. Statements by Experts. Note — Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 crypto markets reddit how to buy bitcoin on changelly 15 d of the Securities Exchange Act of from their obligations under those Sections. Bong Mieu Underground Nui Keman underground deposit that was operated by the French from tois located within one kilometer of the Bong Mieu Central plant. Form F1is prepared in accordance with NI Right-click on the chart to open the Interactive Chart menu. Screenshot of financial stability report for Coco-Cola The Company has no off-balance sheet arrangements. No ore zones were intersected, but drilling was curtailed before the most prospective zone BLEG Creek catchment could be drilled.

The support installations are consistent with recommendations of the geotechnical consultant. The March reserve estimate employed a lower grade-cutoff of 3. Basic Loss Earnings Per Share. The two Knelson gold concentrators were reconfigured to run in parallel in early December, thus maximizing gold recovery by gravity. Instead, the Company prepared a pre-feasibility study, which can underestimate a project's capital and operating costs, while at the same time overestimating the amount of reserves, grade recovery from processing and mineralization. The actual impact of such a decrease of cash flow from operations would depend on the timing of any changes in production and on actual prices. It is accordingly herein reported as a historical resource. On October 20, , a year investment license No. The overall objective of the project was to eliminate the aging ILR intensive leach circuits and replace the units with up to date technology of CIL carbon in leach tanks. If actual results are less favorable than the Company currently estimates, the Company's business, results of operations, financial condition and liquidity could be materially adversely impacted. Directors and Senior Management. The above figures represent amounts either paid or accrued. The flattest portion of the property is cultivated but the remainder has second and third growth forest. The Au-Ag-Pb-Zn mineralization is primarily fracture controlled in quartz.

Ending cash and cash equivalents. This could have a material adverse effect upon the Company's results of operations and its financial condition. The processing plant consists of a conventional grinding, gravity, flotation, CIL and detox circuits. Etrade etf performance how to invest in yolo etf ore deposit remains open-ended down-dip to the NW. Besra Gold Inc is scheduled download coinigy binance dex exchange issue upcoming financial results on the following dates: Interim results are scheduled for: The Company's revenues are, and are expected to be for the foreseeable future in large part derived from the extraction and sale of precious metals, particularly gold. Concurrent with the change in the Company's name to Besra Gold Inc. The cost of mining the deposit. Leslie Robinson - IND. Results of our Exploration and Development Activities. Commencing exploration at Capcapo after a year spent establishing a social license to operate. An independent technical review was completed in March and an internal update of resources was estimated in May

Dividend Growth. Any material reductions in estimates of mineral resources or mineral reserves could have a material adverse effect on the Company's results of operations and financial condition. Use of Financial Instruments. Income tax expense. EPS Reported. Operations in Malaysia. No DSUs were granted during the six-month period ended December 31, The Dak Sa South estimate refer above employed an upper grade cutoff of In particular, the Bong Mieu Central Gold Mine was put into production without a full feasibility study. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. In Exploration, infill and metallurgical drill programs continued in the Bong Mieu East area. Measured and Indicated resources were stated to be , tonnes at an average grade of A diamond drilling program was completed at Bai Chuoi sector between the Bai Dat and Bai Go deposits and soil geochemical surveys were being conducted elsewhere on the property. Figure 3: Bong Mieu Gold Property. Date of event requiring this shell company report. Foreign investors shall be permitted to transfer profits abroad in the following circumstances: i Annual transfer and one-off transfer of the whole of the amount of profits distributed or earned after the end of the fiscal year and after filing a tax finalization report with the tax office, ii Provisional transfer during a fiscal year once every quarter or once every six months after payment of corporate income tax in accordance with the Law on Corporate Income Tax except for foreign investors exempt from corporate income tax in accordance with the provisions of the Law on Corporate Income Tax and the Law on Foreign Investment in Vietnam , iii Transfer of profits upon termination of business operation in Vietnam in accordance with the Law on Foreign Investment in Vietnam.

The Bong Mieu Underground project was subsequently placed into commercial production on April 1, SSR Mining Inc. Artisanal mining can encompass all small, medium, large, informal, legal and illegal miners who use rudimentary processes to extract valuable rocks and minerals from ore bodies. Screenshot taken from Gmail for a new K Annual Report. Key exploration objectives were to geologically, geophysically and geochemically define new targets for prioritized drilling. Post mineralization pegmatite dykes are common. Management considers that the Company has made adequate provision for tax liabilities to the Vietnamese national, provincial and local authorities based on correspondence with such authorities, and on external advice received. The drill program successfully confirmed the down-dip continuation of the main Nui Kem structure over a strike length of approximately 1. The costs to construct, maintain, and operate mining and processing activities. Operating xapo bitcoin reddit local exchange bitcoin singapore. The Company's estimated global reserves and resources at June 30, are summarized in the table below shown after depletion by mining production up to the quarter end. Form F1 sets out specific requirements for the preparation and contents of a technical report. Robinhood fees reddit best simulated trading trends tend to persist, so it's worth looking at them when it comes to a share like Besra Gold Inc. To use it, you must accept our Terms of UsePrivacy and Disclaimer policies. Off-Balance Sheet Arrangements. Over the past six months, the relative strength of its shares against the market has been 0.

This is the result of compressional forces. Year Ended June 30, Audited. In the case of Bau that potential is significant; over 40, meters of drilling has barely scratched the surface. Working Capital. The cost of mining the deposit;. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Capcapo Gold Property - Philippines. This indicates that consistent with some Carlin deposits Jugan gold grade may be increasing with depth. It is also possible that the mineralization may extend further along strike to the south. Non-current liabilities. Darin Lee - COO. During , mining and processing of ore from the Bong Mieu Central pit was cut back to allow more of the high grade Phuoc Son ore to be processed in the plant. The Company makes payments of interest on its debt facilities twice per year at the end of May and November which causes fluctuations in cash needs beyond the ordinary operating cash flow requirements.

The maintaining of tenements, obtaining renewals, or getting tenements granted, often depends on the Company being successful in obtaining required statutory approvals for its proposed activities and that the licenses, concessions, leases, permits or consents it holds will be renewed as and when required. At Bong Mieu East, a diamond drilling program during the early part of continued to evaluate the Thac Trang discovery. On August 28, the Company received approval from the Vietnamese authorities to conduct a trial test of the toll treatment of Phuoc Son ore at its Bong Mieu plant, with a view towards partially self-funding the Phuoc Son processing plant. Year Ended. The Company will not be able to insure against all possible risks. If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15 d of the Securities Exchange Act of This deposit has now been largely mined out by open-pit Bong Mieu East. Unlock with Facebook. During the year, Besra completed 15 drill holes totaling approximately 1, meters at Bong Mieu. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with policies and procedures may deteriorate. The Bai Go geological and resource models and underground geological mapping and grade control sampling are currently being reviewed with the objective of improving mine planning and production forecasting. It is some 20 kilometers south of the provincial capital of Tam Ky which lies about 60 kilometers south of the city of Da Nang along Highway 1 see Figure 3. Bong Mieu. ITEM 16E. Title to the Company's assets can be challenged or impugned, which could prevent the Company from exploring, developing or operating at any of its properties. Changes in Accounting Standards. Mining Licenses. Critical Accounting Estimates. No exploration drilling was conducted peripheral to Dak Sa. New Application.

NBG is governed by a joint venture agreement between the Company and a local Malaysian company and is the operator of the Bau Gold Project. Bau Gold Project. The price of oil has recently been volatile. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Material Contracts. Kadabra Mining Corp. Besra believes deposit more than stock is worth robinhood fidelity international trading fees may eventually host well above 5 million ounces of gold. We have exciting in-country growth prospects subject to agreeing appropriate fiscal arrangements with the government. Date of event requiring this shell company report. The mill was commissioned on June at a nominal throughput of tpd. The continuous success of the Company's business is dependent on many factors including, but not limited to:. Whilst currently having a limited reserve-backed mine-life, their narrow vein nature provides potential for continued resource upgrades.

Operating leases. As well, soil sampling and the Induced Polarization geophysics study at Jugan Hill are moving forward and should be completed in the final quarter of fiscal year The property is attributed with significant measured and indicated gold resources of 21,, tonnes 1. In-fill drilling in the Bai Go-North area commenced on October 14, , with the objective of upgrading about 0. Capcapo Gold Property - Philippines. Working Capital m. Health Trend F-Score. Ounces sold oz. In certain cases there are only limited suppliers for certain strategic spares, critical consumables, mining equipment or metallurgical plant who command superior bargaining power relative to the Company, or it could at times face limited supply or increased lead time in the delivery of such items. The Company makes payments of interest on its debt facilities twice per year at the end of May and November which causes fluctuations in cash needs beyond the ordinary operating cash flow requirements. During the fiscal year ended June 30, Stabilization activities through the installation of active ground support hydrabolts, jack packs and jack pots at Bai Dat were completed. The selected financial data should be read in conjunction with the financial statements and other financial information included elsewhere in this Annual Report on Form F.

Investing In Gold Mining Stocks - is now the time to buy?