Hi Esh, Yes sorry, didn't think to look through your posts (you have a lot of posts lol)! Sau made money from cannon, but they decided to pay a dividend, which I never thought was a great idea, better of investing the money into drilling! Yes for cannon underground they got paid 1.5 million up front and a royalty of $160 per ounce for the first 15,000 ounces and then $180 per ounce thereafter for any gold produced! That increases if The gold price goes above $1800aud etc! Sorry the map I tried to upload didn't load, hopefully it worked now ! Cheers ST
Hi Esh, Yes sorry, didn't think to look through your posts (you have a lot of posts lol)! Sau made money from cannon, but they decided to pay a dividend, which I never thought was a great idea, better of investing the money into drilling! Yes for cannon underground they got paid 1.5 million up front and a royalty of $160 per ounce for the first 15,000 ounces and then $180 per ounce thereafter for any gold produced! That increases if The gold price goes above $1800aud etc! Sorry the map I tried to upload didn't load, hopefully it worked now ! Cheers ST
