LSA 7.62% 9.7¢ lachlan star limited

Lachlan Star - Killaloe Gold Project, page-12

  1. 145 Posts.
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    they are responsible to pay 20% of all costs to build the mine, commence production and continue producing....if they do they will have 20% of net profits (after all the costs of mining).

    BUT in reality - a 20 % like this is usually bought out by the larger holder during the process.
 
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