hey wobbly,
in regards to the 10% in the Pan Pac deal, and your comment
"then sell the remaining share if production is reached at market rate"
I actually don't think this is accurate.
Check this from the report:
"it will sell its interest in the minerals produced to Pan Pacific at prevailing market rates"
That reads to me that we get 10% of the profit from the minerals produced as long as Pan Pacific mines the ore.
Does anyone else read it like this, or am I too drunk again?
gbz - buy and why, page-2
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