Hello wdgt72,I think they are vendors.Tthis may be useful as its...

Hello wdgt72,

I think they are vendors.Tthis may be useful as its a simple summary of the deal from mid last year when they bought Peko for $30 million and guaranteed 20,000oz gold delivery (royalty stream) which has to commence prior to mid '24
https://themarketherald.com.au/elmore-asxele-purchases-peko-project-for-30m-2022-07-18/

I watched it as if cashflow kicked in (positive) this could be a hundinger. It hasn't and hence the terms of refinacning which hiurt shareholders. I am not saying it wont turn the corner but the dilution is such now that i will watch other stories.

Regards
DC