$BAHVEST / 0098 (BAHVEST RESOURCES BERHAD) Q4 result is decently good with a proposed dividend of 1.5 Sen exdate on 5 Dec and payable on23 Dec. The latest impressive monthly production in September was 80.274 Kg. It could be exciting to relook at Bahvest and enter at 86.5 Sen based on yesterday closing

For the fourth quarter of 2024 (“4Q2024”), our Group achieved a revenue of RM62.189 million and a gross profit of RM20.867 million from the sale of 173.371 kilograms of gold and 149.217 kilograms of silver. This revenue was driven by gold sales at an average price of RM355,950 per kilogram and silver sales at RM3,200 per kilogram. These gold were sold at prices ranging from RM351,700 to RM362,900 per kilogram. In the previous quarter (3Q2024), our operations faced disruptions due to the breakdown of a primary ball mill’s main gear, which had reached the end of its lifespan. The replacement gear had to be specially ordered and manufactured in China, causing several weeks of delay before repairs could be completed and processing could resume. The repair and overhaul works concluded in end 3Q2024, allowing our production facilities to return to normal operating levels by the end of June 2024. Our production efficiency has gradually improved, culminating in a remarkable output of 80.274 kilograms of gold in September 2024. This achievement marks our highest monthly gold production to date. On a full financial year basis, our revenue totaled RM169.821 million, supported by the sale of 491.606 kilograms of gold at an average price of RM341,930 per kilogram and 566.295 kilograms of silver at RM3,200 per kilogram.

Our analysis if Co can achieved avg of 90Kg per mth and the gold price per ounce is USD2,600 @ exchange rate of USD to RM @4.5