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re: Ann: Advanced African Gold Project Joint ... i read it the...

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  1. 2,953 Posts.
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    re: Ann: Advanced African Gold Project Joint ... i read it the same way, no obligation to spend a cent more than MHM want's to while getting up to decision to mine stage, this process to be self funded from AL division. The Al profits will be more than enough to achieve this on a few of these type of deals:-) Once all the ducks are in a row the decision will then be made how to fund the mine start-up by which stage it will be a known quantity. Only when the mine is up and running does the 12% rule come in to ensure profits are rolled back into resource expansion. If they can roll these things over like this for a few years it will be a juggernaut.
 
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