''The group is required to pay a net smelter royalty on gold produced from the Cascavel gold mine to the former minority partners of Mineração Curral de Pedra Ltda on the following terms:
- 1.5% payable on gold produced (net of ounces delivered under the Gold Stream facility) from 1 September 2017.
- On or before 1 March 2019, the group can either o pay an increased royalty of 3% o make a payment of US$3,000,000 to keep the royalty at 1.5% o purchase the royalty for US$6,000,000''
Anyone know the details of the ''On or before 1st March 2109 ''- royalty or payment above - as this is less than 6 months away...
DYOR
OGX Price at posting:
3.0¢ Sentiment: None Disclosure: Not Held
