To buy the rest of the Lichkvaz Gold Project they used:
- $US1 Million Cash.
- 5 Million shares (12 month escrow) + an additional 2.5 Million shares if the SP falls below $0.50 for 30 consecutive days during the escrow period.
- 2.5% net smelter royalty
Do you think that Global may have anything to do with the sustained selling???
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- patience needed
IBR
iberian resources limited
patience needed, page-17
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