AON 0.00% 2.5¢ apollo minerals limited

Ann: Apollo to Acquire High Quality European Copper Project, page-3

  1. 4,823 Posts.
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    Not really sure that ,i understood the deal .
    We do not pay out any cash up front But we pay in shares 20 options in 3 years at 05 c and the rest at 075c plus 2%royaltys ,when they start mining
    That sound like a good deal for both party's ,they can only sell after 3 years the first lot and at the 5 year .
    My only concern is where is the money coming to mine it ..
    I do not hold much most got lost in the last consolidation .
 
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