Rester, what’s your thoughts on why this wouldn’t go into mining? I’m reasonably new to this, so was just curious. Lots of small exploration companies out there, it’s hard to know which ones to back. If BTR do find more gold through drilling, wouldn’t the cap of $25M be a good thing, and if they don’t then 3% is only 3% no matter how much money they make. If the price of gold drops or they don’t mine all the gold then they only get 3% , or are they entitled to the full $25M no matter what?
Ann: Call Option Deed for Royalty Buyback and Settlement Deeds, page-8
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