They should just sell the whole lot to BCD for cost of drilling imo - circa 9 million.
BCD can pay FNT - 1 million up front and the balance from the proceeds of Gold sales.
With FNT earning 30% of any Au produced above and beyond 22k Au for the next 10 years.
Money in the tank for FNT to buy up the next tranche of QRL.
Money coming in - in case NCM / OTML fall over.
Win win...
Oh and Bob can look for someone else to pay his salary.
Blue sky baby!
They should just sell the whole lot to BCD for cost of drilling...
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