It reads
R5m on acquisition date (1/12/23)
R1m @ 30 days, 60, 90, 120 and 150 (not monthly)
That's the R10m
Plus R5m for the tax refund.
That is R15m for mining concessions & related assets (is that cash on hand too?)
then a lease agreement by which Tombador gets 4.25% royalties on sales price monthly.
all the ore mined >45% separate agreement. <45% can be declined
It reads R5m on acquisition date (1/12/23)R1m @ 30 days, 60, 90,...
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