SEI 0.00% 2.9¢ speciality metals international limited

Scottm Why would the Quarry owner give up his royalty payment of...

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  1. 899 Posts.
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    Scottm Why would the Quarry owner give up his royalty payment of 2.5% that he has missed out on with the last deal he did,he also lost nearly all with the shares he received in the first deal.The only way they could pay him is to increase his royalty payment up from 2.5% he had all the power in the deal. He will not be ripped of on this new deal,probably why SEI is keeping the deal a secret.It only benefits SEI not disclosing it to the market if a bad deal was made. Cheers
 
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