MLS 4.00% 2.4¢ metals australia ltd

rearranging the deck chairs, page-10

  1. 683 Posts.
    mighty, I do not recall all the details from my conversation with david zuckerman but I distinctly recall being told the main reason for surrendering the license was the expenditure commitment required to retain it. I may have overstated the number David told me by quoting $1m+, it was more likely hundreds of thousands of dollars in year one. as for why that does not line up with the license terms I can only speculate....
 
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