I doubt it’s been paid and I doubt the conditions - specifically Ravenswood producing 500koz in the 4yr period post sale in 1Q20 has been satisfied.
Mgmt have mentioned that there’s a 3mth grace period on the conditional payment which means Ravenswood has until 30 June 2024 to hit that 500koz mark… and mgmt were expecting them to hit that target in the 2nd quarter. As for payment - that may not come until Q3… but I expect mgmt provide an update with the quarterly and as other have mentioned it’s now a “current receivable” in the accounts so will get paid in the not too distant future.
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