Thanks speculator - I agree with you and appreciate the additional context.
in regards to the us$250m total cost - I was simply trying to show a number that would provide a reasonable peer comparison - like cdv. I.e saying it has cost $100m is not accurate - but my number is also not that accurate.
Seems the way with these Corp actions these days as no one want to be judged the loser down the track with the benefit of hindsight
I’m sure B2G would have wanted much more cash or shares if they weren’t getting the royalty.
not advice
Ann: WAF to Acquire 6.8Moz Kiaka Gold Project and Equity Raising, page-32
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