ADG 0.00% 0.4¢ adelong gold limited

OUT OF THE CLOSET, page-14

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    Hi @midastouch0707, looking at the 3D Resources Sep 2011 quarterly report, it appears the purchase price for 75% of tenement E38/2274 was an initial $20k with further payments based on performance milestones of $50k and the issue of 500,000 shares.

    Just wondering what performance milestones were involved in the $50k payment. Do you know if this payment has already been settled, or is it still somewhere in the future?

    https://hotcopper.com.au/data/attachments/4610/4610977-55ca9cc0c0525bd787e85dd42bbfc059.jpg

 
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