Ann: Doray Signs Deal to Divest Andy Well, page-21

I was hoping for more like $15mil for Andy Well, but $10 is better than nothing. The structure of the deal isn't that good. Still gotta wait more than 3 months for the first $3mil (+1mil shares) and then installments for another 2 years after that....... that is a very drawn out sale process..... and what happens if Galane goes bust before the final payment?

I would have preferred if the deal had some kind of royalty arrangement attached to future mining production at AW..... but I guess there is a little exposure through the $1mil of shares....... at least management can focus in on ramping up to 100k.

I'm very interested in the quarterly production results..... from memory did they forecast production to drop back slightly this qtr from last?