So ERL have been paying lion gold Corp share of the JV. Lion gold Corp is looking like it’s going bust.
I am no expert but if they don’t pay there 40% then ERL will use lion gold Corp share in the gold sales to cover there end and if this isn’t covering there 40% does that mean ERL could end up with 100% of mine ownership.
Could ERL be using this huge amount of debt and the 16% interest on the loan from blue cap to force lion gold Corp out as they won’t be able to cover there JV terms.
Just a thought and grabbing at strays here.
So ERL have been paying lion gold Corp share of the JV. Lion...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.226M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 17407946 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 8158800 | 11 |
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| Last trade - 16.12pm 06/05/2024 (20 minute delay) ? |
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