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4.43% 37.8¢ red 5 limited

Correct me if I'm wrong (again) but the royalty is for "ore...

  1. R.C.
    3,797 Posts.
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    09/03/16
    01:51
    Post #: 17222899
    Correct me if I'm wrong (again) but the royalty is for "ore mined", not processed, and seeing
    how they've got the stockpile and tailings to start up with, might not be a lot of mining in a (re)start-up year. But, yes, ultimately, more cash, in the future.
    JMHO
    Last edited by R.C.: 09/03/16
    RED Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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