From annual report 28/3 2019
“Further to this, on or before 1 March 2019, Orinoco must either purchase the royalty for US$6.0m, pay an increased royalty of 3% or pay US$3.0m to keep the 1.5% royalty.
Does anyone know any details of above - as this is only 6 months away
How long have these proposed 70/30 Jv negotiations being going on for ?
Shouldn’t shareholders be updated at least once every 6 months on negotiations? Lol
IMO
After the latest Cr and amount allocated to Cascavel $5m etc
Is 1000 oz per month for 2 consecutive months classified as performance - when many shareholders are down over 50%
Dyor
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