SGQ 1.92% 2.7¢ st george mining limited

Zach,I believe it's 50% with and option to take 70% by funding...

  1. 1,653 Posts.
    Zach,

    I believe it's 50% with and option to take 70% by funding all the way to BFS stage. However you should read the JV ann in full as there's a part in there about how they have the option to select a certain number of blocks from whole set (excluding the 4 in the NW area) so IIRC even if they exercise the option they won't get the whole area. Very favourable terms IMHO.
 
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