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Ann: DGR Global Interest in Ugandan Oil Project, page-33

  1. Plext
    10,532 Posts.
    lightbulb Created with Sketch. 1249
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    21/09/17
    11:55
    Post #: 27366156
    Loved it and the last page shows the commanding position SOLG has over Cornerstone.
    Once the feasibility is done SOLG can buy back the royalty for $4m . (In the bag IMO )
    If Cornerstone can't fund atleast 10% of development they default to .5% NSR that can be purchased by SOLG for $3.5m

    How much will the development be ? Im guessing $2 billion ?
    DGR Price at posting: 11.0¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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