EQR eq resources limited

Ann: Saloro Secures US$7.5m Royalty Funding, page-2

  1. 3,835 Posts.
    lightbulb Created with Sketch. 694
    Not sure what to make of this tbh. How much is the 2.5% royalty worth based on current/projected gross revenue and is it forever?? I would have thought a total repayment cap or duration limit of some kind would have been agreed?

    What happened by the way to all those agreed pre-payments associated with the offtake agreements!!

    https://hotcopper.com.au/data/attachments/7167/7167434-5ac431594ed75d44565427b33ff4017e.jpg
    https://hotcopper.com.au/data/attachments/7167/7167440-505b2063abfb07d8cb5d12793c4a7605.jpg
 
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