CTO 0.00% 0.4¢ citigold corporation limited

Sounds right to me. The royalty is 5% of the income produced by...

  1. 120 Posts.
    Sounds right to me. The royalty is 5% of the income produced by the first 40,000 ounces and a pro-rata return of our capital, which was $50,000 per unit and $1 million in total.

    This is possibly the second last cheque which we expect (if the company makes it that far).
 
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