from what i've found the NPV won't be accurate until all outflow/inflows etc.. are known
so maybe it might be worked out, then a royalty could be used, though i doubt it
50 mill shares can be issued within the next 3 months from EGM for quick action if something comes up and imo they know what they are going to use it on and that's Matanda.Why else would they double exposure there not long ago and inturn take control over project?
First cash flow imo will come from Matanda and some think it might come form Catabola as BHP are watching, and may come in the way of a farm-in because it's a big area they have there with the "surface only just scratched".
Their initial thinking is to be oil producer with gas aswell, but now they have minerals ,more than expected which is a good thing to have by a mile.
from what i've found the NPV won't be accurate until all...
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