Thats good to hear, pity that isn't reflected in the 2020
financial statement "Note 12b" here is the copy of the deal.
Repayment
Repayment of amounts loaned to VMC under this arrangement will be repayable solely from:
1) VMC’s percentage share of the sale proceeds from the sale of any OYG JV property, including gold produced;
2) the sale proceeds from any sale by VMC to a third party of all, or part, of its OYG JV interest and interest in the tenements; and
3) the portion of the sale proceeds to which VMC is entitled from a sale arising from the event described in Note 25.
I'm going by what is written in black on white, not by what someone tells
you on the phone, but I truly hope you are right, otherwise the deal was screwed up.
Thats good to hear, pity that isn't reflected in the...
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