IBR iberian resources limited

patience needed, page-17

  1. nsh
    812 Posts.
    To buy the rest of the Lichkvaz Gold Project they used:

    - $US1 Million Cash.
    - 5 Million shares (12 month escrow) + an additional 2.5 Million shares if the SP falls below $0.50 for 30 consecutive days during the escrow period.
    - 2.5% net smelter royalty

    Do you think that Global may have anything to do with the sustained selling???
 
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