Just needed to read a little bit further in the original announcement to see why no payments received yet Azzies
Under the terms of the sale agreement, the consideration comprises 6,250,000 fully paid ordinary shares in NickelX issued at completion (escrowed for 12 months in accordance with ASX requirements) and up to $900,000 in cash payments subject to achievement of milestones linked to delineation of a JORC resource, completion of a feasibility study and commercial production.
VRX share in NKL, page-16
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