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1.47% 6.7¢ tivan limited

Yeh, I think they would need to include both, or something to...

  1. journeyman
    3,013 Posts.
    lightbulb Created with Sketch. 283
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    09/02/17
    14:29
    Post #: 22489040
    Yeh, I think they would need to include both, or something to the same effect. E.g., Contractual exemption from refinery/TIVAN roylties... Presumably any agreement along these lines would also need to include SMS, seeing as they own 50% of the IP!

    Maybe the mine and end product is still very profitable even after a royalty is paid... so could still be an attractive buy (the mine and refinery) even after paying full royalties?? High grade product commands a premium usually...
    Last edited by journeyman: 09/02/17
    TNG Price at posting: 17.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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