WAF west african resources limited

The article says Endeavor got paid the 60M plus 3% royalty. So,...

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    The article says Endeavor got paid the 60M plus 3% royalty.

    So, the Govt owns the mines, pays Endeavour 60M plus a 3% royalty (max 30M per annum for 400oz@2500 POG) absolute best cases yet they were owed 300M for the deal?

    Is that the deal?
 
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