This is from the last Edna Beryl mine update;
"The refurbishment of the production shaft to 54m and the ventilation shaft to 26m (Figures 2 & 3) at Edna Beryl is now complete"
"This standalone Tribute Agreement provides Emmerson with a number of advantages:
A risk- free, near term income stream from its non-core assets via a royalty agreement (until EVN completes its earn-in, ERM receives 100% of its share flowing from this agreement)"
Not sure the catch is that big, especially considering the crew who is doing the mining are supposedly small mine specialists.
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