Correction, bit more complicated than that:
US$250k + 10M AUK shares + 5M AUK options
for the initial agreement (the 90% option)
plus US$1M to PT Golden to upgrade the gold plant
Then US$9M if they want to proceed with the purchase.
For initial 2 years of the option - profit share on the gold production from the plant of 50%.
Gold plant production up to 100t ore/day - but dont think it is currently producing anything.
Correction, bit more complicated than that:US$250k + 10M AUK...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
