We mere mortals are just passengers who have no access to the inner room of negotiation. Bill Beament of NST may have put that limit on it. It was, though, just 1 element in the deal.
I can live with it!
The present situation is what must be looked at:
1. royalty from Hermes (100% owned by Superior Gold) - 'free' money!
2. income down the track from Wilgeena/Hermes South jv between NST/now Superior Gold and ALY.
What's it costing ALY? Nothing re Hermes, and W/HS is deferred.
Ann: Significant Results from Drill Program at Hermes South, page-10
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