I was looking at last year's annual report and noticed this on page 45:
"The Group has negotiated to utilise the Albion process in the joint venture with the Cuban Government’s mining
company, GeoMinera SA, to develop the La Demajagua gold mine. Under the terms of the Joint Venture Agreement,
the Group will charge the JV Company a fee for the transfer of technology equal to 1.5% of the JV’s sales proceeds
from gold and silver."
A nice little positive that would be an expense to the Joint Venture company in the LD earnings forecast but would be direct income to AAU, more or less making the JV share closer to 50:50 in terms of earnings, assuming an Albion plant gets built.
Earnings Forecasts, page-68
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