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7.00% 9.3¢ meteoric resources nl

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  1. brad0990
    3,333 Posts.
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    20/02/23
    11:26
    Post #: 66344956
    Total cash consideration of US$20,000,000 comprised as follows:Initial cash payment of US$5 million on Completion; andThree further payments of US$5 million on the 12th, 24th and 36th month anniversaries of Completion; andA royalty payment of 4.75% on minerals extracted from the Project, with the purchase price of US$20,000,000 to be credited against initial payments under the royalty (so that there is a royalty holiday for the first US$20,000,000 of royalty payments otherwise due).
    MEI Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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