Thanks John435
That ongoing royalty from Sino is at $1/t on gross proceeds from sale of iron ore over 50% & they have 13.3mt @56% & 0.5% from all gross prceeds from 30-50%. (care to do some maths)
Thats a great income stream to look forward to & as I posted yesterday, MZM will not need to go to the market for funds for drilling at all this year.
DYOR
cash+asset (saleable shares) = 23.5 cents , page-3
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