AEX 0.00% 1.1¢ acclaim exploration nl

no exact figures for the cost of royalty payout mentioned but if...

  1. 3 Posts.
    no exact figures for the cost of royalty payout mentioned but if u refer back to
    company ann. on 28 Jun 2006 Denny Dalton - Drilling...

    "Acclaim Exploration through Caracle Creek International Consulting Group (CCIC) have negotiated an improved commercial drilling program resulting in a significant saving to the company."

    and then have a read at the next ann. on 07 Jul 2006 Denny Dalton Royalty...

    "The company has negotiated to secure the future of any possible ongoing commitments by way of a one off payment. This payment has been effectively funded by saving's made in the original drilling contract."

    i'm assuming it's not a figure to keep ppl too worried since it's paid off with the prev. drill savings...
 
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