Distribution WaterfallThis is a picture of a spreadsheet from NaturalCurrency.
Very good that NC made this job to develop a first overview about what we may receive and what others would receive! It is just something to play with and to think about.
It would be the job of either from EOM "management" or from Kingsdale to deliver us such an overview on "official" channels. But they seem to be ashamed to show us clearly, how much they robbed from the shareholders with hundreds of pages of fineprints in legal language.
We shareholders are the true victims with our personal savings beeing mostly deleted in that whole story.
"Those" who will receive most of the award are not victims by the breach of 805. But "these" will now cash in what would belong to us and this in extreme unfair proportions.
I still see a tiny chance, that Minesa solves the situation. That Minesa can manage in some way to take over EOM, drops the whole case and pays out shareholders and "these others" at a reasonable fair price for the 3 million ounces which are in our hill.
Would mean that Colombia finally makes the delimination for underground mining (with a closed water circulation and without any chemicals) in a reasonable way. Would mean that they can overcome the Colombian corruption system, which is the real reason for all the mess. There are powerful dark forces in Colombia who want to grab these assets discoverered and explored by us.
My goodness, how many concrete and really green projects Colombia would be able to do, if they can save that award money in our case and do real green things with it. Nothing to say about the long term tax income from a modern managed mine and the all these well payed working places in a modern & clean mine.