Mill is in production...pouring first gold circa June 2022.
How good is that.
Net smelter return (nsr) is the net revenue that the owner receives from the sale of the mines gold less transportation costs and refining costs...as a royalty if refers the the percentage value that the mine operate has to pay...why would they swap this for 4mn shares? Must know future dilution will be minimal?
News: CAI Calidus Resources Says Purchased 2.5% Net Smelter Return Royalty Over Tenements At..., page-9
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