BOA 0.00% 2.0¢ boadicea resources limited

I am new to this stock and very interested in your view allgood...

  1. 144 Posts.
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    I am new to this stock and very interested in your view allgood as it's clear you have been tracking this for some time. Simple question, maybe too simple. Doesn't your analysis ignore the $50 M payable upon JORC being produced ? My interpretation is that if no JORC within 5 years, the deal is off and the tenements revert to Boadicea. Thus the price for the Crown Jewels is $57M and the consolation price, if the Jewels are paste, is $7M. Have I got it wrong ?
    Last edited by ecco: 07/09/20
 
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