Looks like they varied the terms of the contingent payments for WL:
When they signed the deal it was: • A$12.5 million cash / scrip payable upon definition of 550kt of Zn eqv underground JORC reserves • A$7.5 million cash / scrip payable upon definition of 680kt of Zn eqv underground JORC reserves
It is now replaced with: • $10.0 million payable on or before 30 April 2025 • $10.0 million payable 12 months after “18 months of continuous commercial production” payment.
The total amount is the same, but it does look like there are ongoing business dealings with Orion. DVP probably also did them a favor with the $2.08 share issue for $10M. I sense another deal might be in the works?
DVP Price at posting:
$2.75 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)