GREY:RNSFF - Post by User
Post by
petesfreak15on Apr 28, 2021 8:04am
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Post# 33080891
2020 Annual Results
2020 Annual ResultsAnnual 2020 report out this am...revenue 4th Q 3.8 million. Biggest take away was issues they had/have in South and issues around their contract.
"Specifically, management is progressing the migration of Amatitlan from a service contract to a mutually beneficial contract structure for all partners."
They also say that they have deferred royalty payments DUE since Sept 2019. Says this could jeopardize the license agreements on the Chiapas properties.
By reading thier statement, and some of their quotes looks like the quicker they can get out the better. Seems, morphing into Reco is their best game plan.