I reckon at some point in development the Saviour Family were always wanting to cash out when all conditions were suitable, as they would not have agreed to Renascor's option to purchase in the first place, and we have obviously reached that point.
Yes, I think royalties maybe off the agenda now, it could be a mix but I'm thinking the family will sell and move on with their own ambitions.
40+ years of royalties may not be as appealing as a lump sum payment if the price is acceptable to both parties which it is with the signing of the sale agreement.
More news will follow and no doubt it will be interesting, and no doubt company would be signing to a bad deal.
This is a secure, sensible & robust asset acquisition by company.
GLAH
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