RMX 0.00% 0.1¢ red mountain mining limited

RMX - Bound for Glory!, page-32

  1. 23,631 Posts.
    lightbulb Created with Sketch. 354
    looking at the term sheet in the original ann't for the DRC Cobalt play they needed to spend 5.5mil in stages on exploration expenditure to urn 80% of the project plus to buy out the last 20% they need a payment of 3.5 mil -BUT- then in the next ann't they revised the terms to 750k to get to 80% then 3.5mil to get the last 20% all seems a big strange-maybe they are going all out and going for the 100% up front because the DD was so mind blowing-bring on wensdy i say
 
watchlist Created with Sketch. Add RMX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.