I have some questions.
From the report
Zeus has also agreed to pay the Seller a 2% net smelter return royalty on any gold produced from
commercial mining operations on the Tenement and upon grant of the Licence will reimburse the
Seller for legal costs incurred in acquiring the Tenement, up to a maximum amount of $125,000.
What are the legal costs for? $125k max.
From the 15/10/15 ann
Parties Thundelarra.
Ragged Range Mining Pty Ltd ACN 074 428 907; Chin Nominees Pty Ltd ACN 008 798 865 as trustee for the Chin Nominees No.2 Superfund Account, Ioma Pty Ltd ACN 009 243 403 as trustee for The Gemini Trust; Angelo Michael Levissianos and Siat Yoon Chin (Key Shareholders)
This ann was about the acquisition from Red Dragon. The stated people etc are the sh's of RD, right? So, Mr L was involved in that sale. Why was Kyarra not included? Was there a legal dispute?
Another question: why is this one a 'prospecting licence? Why are there so many PLs?
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