Im a mug punter offering an opinion based on my view which could be and probably is wrong
so if they are entitled to the income MMX recieved from 24% of Jack Hills investment how does that work?
I see what your saying though MMX has spent alot of money developing and advancing Jack Hills
I wonder if that could then mean that CHM are entitled to 24% of the future income of Jack Hills less all the expenses and costs MMX have incureed to date?
sort of like a net royalty
but then CHM would have to fund 24% of future developments
oh dear Ive gone cross eyed and confused myself
Im in for a punt I'll await the account for profits and let the experts tell me the mug what its worth
CHM Price at posting:
8.8¢ Sentiment: None Disclosure: Held
