Very well done ZNC!
Further funding secured for 10 years (ha... have to admit that is quite a long dated payment setup, but then... getting a project to actual commercial production is no mean feat). Either way, $250k p.a is basically pays for 1/4 of ZNC annual budget, add on the current $1.1m in cash, plus the $5m USD carry for Bradda and well, ZNC is damn cheap! For an explorer with a nice swag of projects.
They get $250k up front, plus 250k p.a, I wonder if that means its actually $500k for the first payment?
A question for someone who speaks to the company in the near term?
Also... a total lack of sellers now. Surely Bradda Head is going to list soon, Lithium seems to be back in vogue...?
Very well done ZNC!Further funding secured for 10 years (ha......
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