No - on reading AGAIN.....I would like to apologise to MYSELF!
It appears that the agreement is for BOTH parts of the EL.
40% and 60%
So, what do we get for handing over our 60%
1) $70,000 in RMR shares and $100,000 in cash (or shares) in 18 months time!
2) Retention of rights to Gold
3) 1.5% net smelter loyalty.
So, for basically our original $100k and 45 MILLION CDIs (dont even ask me how much they are/were worth...but lets call it $450k (CDIs at 1 cent) we get SFA now...and a couple of peanuts in 18 months....not sure how that AT ALL resolves our current cash flow problem...IDIOTs...
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No - on reading AGAIN.....I would like to apologise to MYSELF!It...
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