MNE 5.26% 3.6¢ metallum limited

Ann: Presentation, page-4

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    Can anyone explain how this will operate .We pay 8m for a site which is held by a holding Co and receive 68%. Then lease 3 more site at a
    cost are these in the original site leased. Are they extra sites if so what is happening to the original site where we just paid $750000.
    I think they must be extra sites as in the Ann it says the introducer and MNE will get 100% the holding Co is not mentioned.
 
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Currently unlisted public company.

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