TAR 0.00% 1.0¢ taruga minerals limited

Ann: ACQUISITION OF HIGH GRADE COBALT-COPPER PROJECTS IN THE DRC, page-138

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  1. 28,706 Posts.
    lightbulb Created with Sketch. 237
    terms are:

    * six month due diligence period for drilling

    * if drilling brings results, pay $2M

    * if want to continue to BFS & happy with BFS & wish to continue, pay $10M

    * if find an elephant deposit, pay $20M

    * if don't find an elephant but find a tiger, don't pay $20M

    the terms are awesome

    its free exploration for six months
    Last edited by ddzx: 02/03/18
 
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