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.
AUK Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held