"Firstly this is Pilgangoora, and secondly it is NOT one of GAM's tenements, they sold it to us a couple of years ago."
Yes but with conditions and they forwarded those rights to MIN. Company's sell their NSR's to third parties all the time. So are you saying they could sell the NSR but not the conditions attached to implement those royalties?
"GAMW has the first right of refusal to purchase tantalum or lithium produced by PLS at Pilgangoora, and if purchased by GAMW, the right to the 2.5% NSR does not apply."
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Price($) | Vol. | No. |
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