I also like that if the investors don't like it after 2 years, we inherit it all back. Also, the investors have financial backing to take it all the way to commission, so if gold price/increased reserves and other mining metrics align the company will be near-guaranteed producers in this exciting new gold region. Smart also the final $2.5 million to get their final 5% occurs at the end of the period. This guarantees financial security during the decision/construction phase and cancels out a lot of the financial strain of waiting for initial cash flow. This is often overlooked... smart cookies our management.
Exciting developments IMO.
AZM Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
