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re: News: Shaw River dispute resolution and f... Hey guys could...

  1. nuclearfart
    214 Posts.
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    12/12/11
    10:14
    Post #: 9424680
    re: News: Shaw River dispute resolution and f... Hey guys could you interpret this statement for me..

    The settlement agreement reached with the plaintiff was a cash payment by OM (75.5% owned by Shaw River) of US$2 million and a royalty payment due by OM from commercial production equivalent to NAD20 million (approx US$2.4 million)

    does that mean SRR will need to pay royaly payments P.A? or just a once off?

    Cheers,
    SRR Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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