TI1 0.00% 1.4¢ tombador iron limited

Im a little confused here.. the 6% royalties part.. are they...

  1. 46 Posts.
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    Im a little confused here.. the 6% royalties part.. are they just selling the mine for 10 mil and possibly getting a tax refund of 5 mil if the government excepts. Or is it an actual takeover of the whole company? If so what about the 14 15 mil cash on hand
 
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