A couple of days max if they are paying out GUP notes.
By the way, does anyone know where to find info on the royalties that are being paid in the GUP notes. From 2010 financials I can see that they pay 30% of the excess over $1100 that they receive per oz. It also says that only 66% of the notes are still issued. So based on those details, and using 18900 oz sold in Dec qtr at 1380 odd per oz, I calc royalty for Dec qtr of just under $2million.
Can anyone prove or disprove those calcs?
A couple of days max if they are paying out GUP notes. By the...
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