Simon replied yesterday morning.... I didn't check my emails.
Basically says the original vendors/prospectors have a claim on a 'portion' of the first 10m.... but only after all expenses and a 'margin' for the operator. I also inquired about mining Mt Dimer with record gold prices etc. He replied "We are excited about what Mt Dimer has in store for us at these prices, is the best I can say, more to follow."
He also said.... "It's a good asset".
It's good to have Simon on the team again.
EMC Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
