Yes gangster you are right... guess I should look up the facts too
"Under the terms of the SAA, South32 has exclusive rights to the Company’s projects and can earn
a 70% interest in each project by spending a total of US$4.5 million on exploration, with the right
to earn an additional 10% interest by completing Pre-Feasibility Studies."
So 30% moving if super successful to 20%I really had forgotten that step, thankyou. Being corrected when meaningful is great.
Moora, page-16
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