Ann: Notice of Annual General Meeting/Proxy Form, page-9

First 9 Last

Share
Profile

Follow
MAGADAN

1,475 Posts.

69

18/10/23

06:28

Post #: 70395878
Share

Originally posted by whywork: ↑

The 2023 annual report says otherwise. It says triggered and 10 days within sept quarter end.

Page 4 of 2023 annual report….
Upon receipt of the 30 June 2023 quarterly production results on the Janet Ivy Production Royalty, the deferred payment of $3 million from Vox has been triggered and will become due and payable within 10 days of the September 2023 quarter end. Vox, however, has an election to pay the $3 million in cash or shares, and if paid in shares are subject to a 4-month escrow.

I did some scratching and looked at VOX financial reports to see if anything was close to triggering. What I can see is Nothing. https://www.voxroyalty.com/investors/financials/

Was these comments from Grant or the office admin? Im sounding like a broken record but when I email Jon with a heap of questions. He called and said he get back to me In a week or so and that some positive news was round the corner that he couldn’t disclose. Well guess what he never got back to me and then some weeks after he gave his notice..

Sounds like lip service yes we doing this and that, it’s very hard and difficult. Yes 7,8k for me this week oh so hard. we are getting there guys not long still in discussions. Complex process blah blah

Expand

When I emailed Grant i could not remember the location of that statement regarding the amount being payable within 10 days of the end of the month. Hence I did not include it.Even if it was 10 business days that has now passed.
Can I suggest you email him reminding him of the dates as stated in the annual report.

HRZ Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply