RHK 1.83% 80.5¢ red hawk mining limited

Trading, page-88

  1. 548 Posts.
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    Hi ssv135

    Here is the agreement

    • Todd will pay Flinders A$10m to purchase an option over PIOP • Exercise price to acquire the project is A$55m plus ongoing royalty • Extensions of the option period would realise further A$10m payments to Flinders • Todd will pay Flinders an ongoing royalty of up to A$1.40 per tonne linked to the iron ore price • Agreement is subject to Flinders shareholder approval process and relevant consents

    No payment if a NO vote

    Cheers
    1h
 
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80.5¢ 80.5¢ 80.5¢ $2.347K 2.915K

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81.0¢ 1694 1
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