Can some one explain where the money come from pay for the project. Need CR.
11
Acquisition Agreements
Master/Government of Lualaba
Tenements (60%)
The principal terms of the terms sheet for Taruga to acquire a
60
% interest in the
Mwil
u
and Kalimombe Projects from the Consortium
are as follows:
1.
Payment of US$150,000 on signature
2.
TAR to conduct drilling programmes at Mwilu and Kamilombe during a 6
month due
diligence period
3.
On completion of the due diligence and should TAR wish to continue, TAR will make
a further payment of US$2,000,000
4.
TAR will fund all exploration to the completion of a B
ankable Feasibility Study (
B
FS
)
within 3 years with 2 addi
tional years if required
5.
Should TAR wish to continue after completion of BFS, TAR will make a pas de porte
payment of US$10,000,000 for each permit that it wishes to continue to develop
6.
TAR will make a final payment of US$20,000,000 for each project where
it discovers
resources in the Measured and Indicated categories exceeding 250,000 tonnes
of contained cobalt OR 1,000,000 tonnes of contained copper at the conclusion
of
the BFS
7.
TAR can withdraw its interest in any project at any stage and will return all
information
- Forums
- ASX - By Stock
- Ann: ACQUISITION OF HIGH GRADE COBALT-COPPER PROJECTS IN THE DRC
Can some one explain where the money come from pay for the...
-
- There are more pages in this discussion • 314 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.648M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4134848 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 249009 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2601223 | 0.008 |
13 | 3205738 | 0.007 |
11 | 1655817 | 0.006 |
4 | 3917980 | 0.005 |
6 | 3676292 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 883175 | 1 |
0.010 | 422125 | 4 |
0.011 | 309002 | 1 |
0.012 | 492825 | 1 |
0.013 | 795743 | 1 |
Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
TAR (ASX) Chart |
Day chart unavailable