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Ann: Master Project Agreement Commercial Terms Disclosed, page-90

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maddogjim

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17/05/18

14:10

Post #: 33164281
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Originally posted by Daveyboy78 ↑

Hey all,

I dont see the issue here. Firstly, we tried to get our own country to back this and quite frankly they said no at the time and might still again today because of the overall cost, we simply don't have the funds. These guys busted butt to go and find a best scenario relationship and did. Without this partner we will not be going anywhere, who would fund it?! Is it a bummer holding 49%? Sure you can think that and I was a little sadden to see it result in that too but think....49% confirmed royalties from everywhere in the world...including the country that has already confirmed they back it and would prefer it is rolled out out country wide. Those royalties alone must be great, chuck in 100% of Australia (without having cost to prove it up) and I believe we are really good shape. Game changer. Also, there MUST BE TERMS to the agreement...these terms will be what the SPV are based/governed around...should the Indian companies fail to meet terms set for the SPV, the SPV would have to be closed/dissolved. Guys, you just got guarantees and you don't see it??

I was always screaming that the real money wasn't India, it was the world, but we had to get a platform to get there. India is that platform and we get money from them using it to boot. If we continue to get royalties from India you 'downrampers' are kidding yourselves...that was the one term I was actually expecting to lose...and it seems we didn't.

Oh and those these downrampers...some are even screaming sub 1c by Xmas...but they still hold? Really...BAHAHA...give me a break, if I thought this was sub 1c by Xmas, id be gone...right now!

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Sideways suggested sub .1c by Christmas and he doesn't hold......
For so much buzz and excitement at the latest updates, there's ALOT of sellers......wonder why????

ESI Price at posting: 1.8¢ Sentiment: None Disclosure: Held
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Ann: Master Project Agreement Commercial Terms Disclosed, page-90

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Ann: Master Project Agreement Commercial Terms Disclosed, page-90

Top Stories

Vulcan appoints investment bank and M&A veteran to board

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

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Utah authorities sign off on Anson's lithium extraction plans at Green River

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News