Chief traders will decide its direction but not the fundamentals. In 30 years you won't be able to get back via dividends what invested today for LT investors. Trading play at best with riskssss.
After studying the agreement properly, and based on today's gold price ie RM 230,000 per kg. Then per month is 20 kg extraction ie RM 4.6 m per month, then in 1 year the revenue is RM 55.2 m, then in 5 years the total revenue is RM 276 m, the royalty payment is RM 9 m in the 1st year and the subsequent 4 years is RM 5.25 m each year, then total royalty is RM 30 m.This means the gross profit in 5 years is RM 246 m. The two problem is can yt get 20 kg of gold per month for 5 years and the price of gold don't fluctuate much. After reading the agreement many times, I think this contract is good.
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....
vadaiISback
172 posts
Posted by vadaiISback > 2021-03-24 04:21 |
Post removed.Why?