My understanding is that Tembo capital have a 1.8% royalty over gold produced at Dalaranga and a 1.35% royalty over the other tenements. The company can buy back 20% within 4 years.
Delphi’s royalty is 0.7% over Dalaranga and 0.525% over the other tenements. The conversion of the loan to royalty has yet to be voted on and will be voted on at the next EGM. The company also has a 20% buyback option within 4 years.
You would hazard a guess that Delphi’s royalty won’t get up if Tembo doesn’t support it.
Ann: Significant Assays Results Outside Never Never MRE, page-30
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Last
$1.23 |
Change
0.115(10.3%) |
Mkt cap ! $1.368B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.24 | $1.16 | $9.269M | 7.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3500 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 26786 | 2 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| SPR (ASX) Chart |