TSO 2.38% 4.3¢ tesoro gold ltd

He's factoring in the 30% to the vendor, which as it stands atm...

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    He's factoring in the 30% to the vendor, which as it stands atm is correct. So jv asset at 200mil take 30% take 5% to serg then % by fully diluted soi. I think that's wat he means
 
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