re: golden eagle royalty -crow so they share a director.....Geoff Lambert....funny about that!
they have known about this from day one and nothing mentioned of it in any annual report or the BFS as being a potential future cost...$1.35m
what else have they failed to disclose?
let me see....when the deal of $10/oz was possibly done back in 2001 gold was trading about $260/oz
so that makes it about a 3.9% of the gold price
at todays price of $580 odd that makes the margin about 1.75%
maybe thats what they mean by "monitor and update the figure" or like groundzero says the resource.....
ha.... mates rates again no doubt!
the money in this company looks like it goes from one desk to another......
WTE
wedgetail mining limited
