Details of the agreement between the parties include:
An earn-in Joint Venture whereby AXF can earn 25% of the project area by spending A$1m within a one year period and maintaining the project in good standing
Given over 1 year now, wonder about the $1m and good standing, unsure of money spend, but the good standing might be looking shakey given the time period
IRC Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
