"Wow, Thanks for the nice letter Sarah, you really do appear Independent on this matter and surely only care about the shareholders here..
Hey Sarah, why don't you publish a table with expected dollar values that will go to Geoda and Lamerton on the earn in milestones so we can see what the directors are actually going to get out of this?
What's that? The numbers would be so huge it would scare people off? Well that makes sense..."
If I'm calculating correctly:
50% of the profit from first 36,250 Ozs
50% of the profit from next 36,250 Ozs
4% royalty after that....
Not sure if that's the correct allocation of profit here but if true its snouts in the trough kind of money that doesn't pass the pub test IMO.
Although, the gracious 5% management fee on the cash costs should really smooth things out.....
With all the fantastic work being done on a corporate level here to increase the share price to nothing I cant wait to get behind this..
Cheers,
Disco.
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