SIH sihayo gold limited

sih vs gry, page-5

  1. 20,457 Posts.
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    beatle really dont have the time to argue out your opinion not facts, you claim antam get a free ride which is only partly true, why not read the agreement before you post misinformation as you would have discoverd Antam have to pay back there 25% share via cash flow from production:

    "The CoW is held by PT Sorikmas Mining (Sorikmas), which is 75% owned by Oropa and 25% by PT Antam Tbk.
    (Antam). Oropa manages the project and is responsible for contributing towards 100% of the exploration and
    development funding by way of loans to Sorikmas until the commencement of production. Under the terms of a Loan
    Agreement, Antam is to repay its share of those loans to Oropa or other lenders to Sorikmas from 80% of its share of
    available cash flow from production, until its 25% share of the loans are repaid in full."
 
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