BMN 3.65% $2.84 bannerman energy ltd

Hi All, Id like clarification around the 80% interest that BMN...

  1. 739 Posts.
    Hi All,

    Id like clarification around the 80% interest that BMN hold in Etango. We never hear BMN speak about this and I'm not sure myself what sort of partnership/agreement is in place.

    Are the holders of the 20% liable for their part of the CAPEX, or is it some sort of royalty, governement owned agreement whereby BMN pay on a 100% basis, yet only keep 80% profits.

    Would be great if someone could clarify.Cheers
 
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