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0.00% $1.10 new century resources limited

I have already posted the debt facility terms for the Varde...

  1. CtMonteCristo
    110 Posts.
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    20/05/20
    16:15
    Post #: 44731150
    I have already posted the debt facility terms for the Varde silver royalty. Varde are capped at US$5 Million for the existing $60 million facility and they get 10% payable silver production limited to 4 years on the additional $40 million facility.

    Considering that the silver deposits are currently worth around AUD$1.3 billion, that is pittance to pay to Varde.


    NCZ Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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