Not au fait with Net Smelter Return, anyone care to elaborate? 'it has purchased the 2.5%
Net Smelter Return (“NSR”) royalty over ....the bulk of the Ore Reserves defined at Warrawoona'.
This royalty was going to go to who?
2.5% is the whole of the royalty?
Cost us 4m shares = around AUD$24m at today's price, hopefully more at next year's, etc, ie that 'cost' will rise. 'Fleasbarn' reckons that will give us $49m in six years (Correct?), so a lot more if we extend LoM. So, calculation of benefit is complicated and subjective really, though knowing DR it should be good.
Please advise, mining buffs
- Forums
- ASX - By Stock
- CAI
- News: CAI Calidus Resources Says Purchased 2.5% Net Smelter Return Royalty Over Tenements At...
News: CAI Calidus Resources Says Purchased 2.5% Net Smelter Return Royalty Over Tenements At..., page-7
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAI (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CAI (ASX) Chart |
Day chart unavailable
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online