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8.33% 0.7¢ hartshead resources nl

and potential contingent consideration. What does that mean?...

  1. Moneytree
    3,935 Posts.
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    27/07/16
    10:19
    Post #: 18375413
    and potential contingent consideration.

    What does that mean? It's a pity people can't say what they mean simply and clearly. It sounds as though they have ended the Rig Contracts and the ongoing costs which flow from these contracts.

    Which means that they will be paying to end the drilling commitment with PVD.

    There are many ways to establish the payout figure so I'm sure Damon will be in there fighting for the best result for us. Maybe the quarterly will provide an update.
    PVD Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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