Far as I’m aware we should receive regular payments every three months, this latest payment was for first quarter FY 2019 that’s July/Sept it takes RIM four weeks to finalise quarterly accounts and make payment end Oct. Next payment will be earned Oct/Dec and paid end Jan and should be approx $6m, followed by another end April, and another end July. The final two payments may be greater as the new plant comes on line lifting the 4% up to 6% which is worth more.Not sure if it’s ever been spelt out in that detail but we have been told that after loan was repaid FY 2018 we would receive regular payments from MM and my thinking is the above should be correct as last quarters loan was earned April/June and paid end July and so a pattern of regular quarterly payments is being established and we have been told in past Ans the expected income form MM for the FY 2019. I’m expecting just over $6m end Jan 2019, Loop.
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