My understanding is that Tembo capital have a 1.8% royalty over gold produced at Dalaranga and a 1.35% royalty over the other tenements. The company can buy back 20% within 4 years.
Delphi’s royalty is 0.7% over Dalaranga and 0.525% over the other tenements. The conversion of the loan to royalty has yet to be voted on and will be voted on at the next EGM. The company also has a 20% buyback option within 4 years.
You would hazard a guess that Delphi’s royalty won’t get up if Tembo doesn’t support it.
Ann: Significant Assays Results Outside Never Never MRE, page-30
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Last
$1.36 |
Change
0.075(5.84%) |
Mkt cap ! $1.513B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.36 | $1.29 | $8.514M | 6.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 48518 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 500 | 1 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| SPR (ASX) Chart |