PEN 10.0% 11.0¢ peninsula energy limited

strathmore sells wyoming leases, page-7

  1. 307 Posts.
    Strathmore will also retain a royalty. Peninsula will have the option to purchase the royalty in whole or part for three years.
    Does anybody know the value , is it like 3% and after 3 yrs does this stay with Strathmore.? Is there an agreed buy back price?
    Doesn'T PMH also have an arrangement with pen like 4% ?
 
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