AMD 0.00% 0.3¢ arrow minerals ltd

Ann: Segue and MMG Limited Enter Into Plumridge Nickel JV, page-11

  1. 2,306 Posts.
    they haven't given away 51 % yet .. will occur over time ... up to 70 % going forward inexchange for them doing the explortion..

    "
    • Through the joint venture, MMG can earn a 51% interest in the project by investing $6.5 million in exploration activity from September 2015 to December 2019 "

    .. and any tenements on which any potential discovery is made by MMG will be apportioned percentage wise to SEG ...
 
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