BRB 0.00% 47.5¢ breaker resources nl

Ann: Trading Halt, page-36

  1. 4,794 Posts.
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    LOL, Yesterday the quarterly said we retain our 20% free carried interest in Manna to completion and now, just one day later its sold.

    We sold 80% of Manna for $13m plus two milestone payments worth $20m and now the remaining 20% for $60m. The way I see it the $20m milestone was tied to the first sale and should be retained by BRB as nothing to do with our free carried 20%. Otherwise, the sale is only $40m if we give up the milestone payments.

    https://hotcopper.com.au/data/attachments/4778/4778660-d1c0cd3f0a1d3668192eb4ae766da624.jpg
 
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