AVM advance metals limited
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avm drc agreement out, page-5

  1. KKR
    1,298 Posts.
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    22/01/09
    08:12
    Post #: 4716269
    Pretty modest changes to our existing contracts and agreements. 2.5% rent based on turnover replacing the copper price sliding scale. Still retains 95% ownership of Kinsevere after the $15 million payment. Nothing like the $115 million the government were after originally.

    No mining changes to Dikulushi, only to the trust.

    All we need now is the Mutoshi Joint Venture to be finalised.

    All the best.

    KKR


    AVM Price at posting: $1.48 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.9¢ 		Change
0.002(4.26%) 		Mkt cap ! $13.70M
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