MBK
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5.88% 1.6¢ metal bank limited

Ann: MBK settles sale of Triumph project tenements, page-6

  1. illdrink2that
    1,402 Posts.
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    25/02/21
    09:45
    Post #: 51309557
    I think you're right. I just re read it and it looks like the payments are staged so are in fact added together as each milestone is reached. That added with the initial payment of 400K gives them a POTENTIAL payment of up to $6.4 Mil...... Then 1% royalties on gross revenue. Even better! Let's hope it's a biggie.

    https://hotcopper.com.au/data/attachments/2945/2945171-0cb8b0403c288f9f3f51c2f2c3a7d903.jpg


    MBK Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
1.6¢ 		Change
-0.001(5.88%) 		Mkt cap ! $6.247M
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1.6¢ 1.6¢ 1.6¢ $535 33.43K

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1 66564 1.6¢
 

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Price($) Vol. No.
1.7¢ 459965 4
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