Yeah, that's obviously a big deal, are we getting the revenue of total project or GF's share....
The ann points strongly toward the former, no? The NPV table give it $5 mill per year by the look over 20 years.
On the downside the Gov is issuing GF a 15 year exploitation permit (not 20) with this settlement with ongoing terms after the 15 yrs to be based on laws in effect at the end of the15 year period. So who knows what the last 5 years of income is worth, and quite frankly it ads to the difficulty in selling that revenue stream IMO (already difficult). The difficulty selling that income stream makes me think Leo will carry on as an exploration company at least.
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