RE:RE:RE:RE:RE:RE:Royalties at Fruta del NorteThanks again for your reply Pete which help me a lot. Ecuador gubmint windfall taxes on high gold and silver prices eliminated in 2019...hmmm...i will research that, i am doubting Thomas, got to put my finger in wounds to believe. If you have a link or could point me in right direction, be much appreciated. Ecuador getting 50% of "benefit" from Fruta del Norte be here quickly. 43-101 calls for mine finance to he paid off by year 4.5 of mine operations. This year alone, if memory serves mine opns pare back debt by $200mm from ca.$700mm to about $500mm. Do you have a link to the contract giving Ecuador gubmint 50% of benefit of mine? If filed on sedar if you could share date this contract filed i will look up myself. Since once debt on mine paid Ecuador get 50% of "benefit" plus 5% NSR vig right off top of production prior to any company expenses, that mean soon, perhaps in 3 years or less, Ecuador gubmint/imf/world bank get at least 55% of Fruta del Norte gold and silver minimum, while taking no risk at all, and only 45% of the gold and silver, at most, accurue to shareholders who bear all mine operation risk. Crappy deal for shareholders. Assuming steady production from mine after year 4.5 of 400k oz Au p.a. then at most only 180,000 oz gold accrue to LUG shareholders which suggest LUG common stock currently overvalued by factor of at least 2x.