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0.00% 2.5¢ balamara resources limited

Ann: Update on Sale of Balkan Mining, page-22

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  1. wealthminer
    307 Posts.
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    23/10/14
    10:26
    Post #: 14168101
    so the initial deal was for $15m cash and now they sold it for a 2% royalty payment capped at $10m?

    Or is the royalty on top of the $15m cash? somebody please correct me here! This seems F***** s*** !
    BMB Price at posting: 5.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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