MNQ 0.00% 0.0¢ minquest limited

TEN-FOLD increase in market cap..., page-15

  1. Io
    561 Posts.
    lightbulb Created with Sketch. 23
    Surely any deal MNQ does on a gold project will be back ended in terms of the consideration. Tie the consideration to project milestones so the project vendor only gets value if the project stacks up, delivers value to existing shareholders and gets into production. This is the obvious way to do the deal so it limits any up front cash payments to the project vendors. I am sure that our management will be aware enough to do a deal structured like that. The key thing is going to be the quality of the mineral resource and in particular its grade.
 
watchlist Created with Sketch. Add MNQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.