CVY 0.00% 11.0¢ coventry resources limited

found this re royalty., page-13

  1. 692 Posts.
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    Furthermore, the statement...

    "1. an 'arms length' party has purchased the SMR from Nuinsco for $5.1 million"

    ...is factually incorrect. Nuinsco has entered into an agreement to sell the royalty and that conditions to closing are typical for a transaction of this type, including completion of legal due diligence, regulatory approvals and receipt of required consents.

    This includes waiting to see if CVY calls it's right of refusal.

    The 'arms length' party has not purchased the SMR from Nuinsco for $5.1 million.

    Oh, and an appology for the statement..."your post offers no explanation at all for this apparent commercial madness. if you have a more credible explanation than a t/o explanation lets hear it."...is in order.


    Marxist.

 
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