It's how you interpret things. "Sacgasco has executed an agreement with TG World Energy Corp (“TEC”) to acquire its wholly owned subsidiary TG World (including intercompany receivables owing from TG World to TEC) for consideration of A$1 (one dollar) and up to a maximum net royalty of circa US$530,000 paid after commercial production is achieved."
It cost $1, but TEC are betting to get $530k in Royalties.
SGC Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
