PNN 4.35% 11.0¢ power minerals limited

@Tradeprestige : there is no evidence that Zangee has paid $40m...

  1. 2,020 Posts.
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    @Tradeprestige : there is no evidence that Zangee has paid $40m US to Ultra for
    anything. And they never will. Right ?
    BTW the terms of their proposed deal with Ultra meant that Ultra was to PAY $40m US to
    Zangee.
    DD not required.
    Refer post .

    Sorry I am confused did someone mention Zangge paid Ultra for anything I don think so??? And Cad essentially canceled the Agreement between Ultra and Zangge so yes you are correct Zangge will never pay Ultra (but they may pay Pnn). My interpretation only of course

    Ultra Lithium paying Zangge am i missing something??

    Under the terms of the agreement, Zangge will, in staged payments, pay US $10 million to Ultra Lithium and invest US$40 million in the Laguna Verde Project.
    A further $250m would be invested at a later stage to fund the construction of a lithium carbonate processing plant.

    HC I am confused I am also not sure what style of ramping you are doing here or why your here at all.

    Go Pnn.


 
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