For avoidance of doubt, the Proposed Capital Reduction will not result in:- (i) any adjustment to the share price of Bahvest Shares; (ii) any change in the total number of Bahvest Shares in issue or the number of Bahvest Shares held by our shareholders; (iii) any change in total number or exercise price of the outstanding ESOS options granted by Bahvest; (iv) any change to the exercise price and number of the outstanding Warrants held by the Warrants holders of our Company; (v) any payment to the shareholders of Bahvest; and (vi) any cash outflow or change in the NA of Bahvest Group, save for the estimated expenses to be incurred in relation to the Proposed Capital Reduction. Further details of the Proposed Capital Reduction are set out in the ensuing sections.
Based on the company website info there are 2oz of gold per ton of soil and it has a machine that can process 1,200 tons of soil per day. So even if working at half the capacity it should produce at least 200kg of gold per quarter.
Friendly reminder: This ming ming literally a professional fisherman, if you think you could simply sneak in and out, taking a piece from his bait in his fisherman net, well, good luck my friend, all the best to you all.
The Gold price damp damped, hope it won't fall below 1826, If it happened may form Boring BV balance ZZZZ.....Our Kosing Tin still holding huge amount of BV eggs basket.
Our Kosong Tin used to advertise buy-called on BV before, said only in love with buying BV share...but now seems like no more confidence, and lifelessness......haha
How do you expect Gold drop BV able to be up ?? Of course there is a person been waiting for 0.80 to sell and clear his boring BV eggs basket 2020.....haha
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
timleecious
104 posts
Posted by timleecious > 2021-01-21 18:35 | Report Abuse
What is the impact of reducing capital?