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0.00% 50.0¢ essential metals limited

Ann: NST Enters Joint Venture for Acra Gold Project,NST-PIO.AX, page-26

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  1. springinhetveld
    1,473 Posts.
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    21/10/16
    09:58
    Post #: 20020250
    The way I read it they get only the 500k. The $3m are just exploration expenses not money for PIO.... So selling 75% of the potential to get 25% of the real mine plus 500k. Potential currently being valued at not so very much whereas the real mine would be worth millions. So not a bad deal! But only gives them 500k cash.
    PIO Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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