MMX 0.00% 4.7¢ murchison metals ltd

oakagee, page-12

  1. 215 Posts.
    talking about concessions, here are what I have been thinking that will happen:
    1) an equity stake by the other fundation customers of opr, initially 30-40%;
    2) the equity stake increases to >50% if certain milestones are not met (eg. further delays), effectively handing over control of the project to new holders

    If I were collin bennet, I would insist on a clause to pennalise parties that won the tender and then subsequently failed to deliver. one way of doing this is to force the ownership change.
 
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