Yes it's a pity that LAF has been so silent for the last two...

Yes it's a pity that LAF has been so silent for the last two years on what their exact interest in Rapu is.From my reading of old reports is that Goldrush(a Philippines Co.)is entitled to 15% of the mine output-sounds like LAF have to pay for 100% of the CapEx and mining costs but only get 85% of the sales revenue(less another 2.5% net smelter royalty)-all of this is before the Korean deal.
So maybe after selling the Koreans 26% of the project,LAF will have to pay for 74% of the CapEx and mining costs and get 63% of sales revenue(less 2.5% net smelter royalty)from the project.
It's all too complicated-so LAF should elaborate so as the market is informed.