GREY:NDXFF - Post by User
Comment by
staolinon Apr 02, 2012 11:44am
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Post# 19747852
RE: No News
RE: No News I just posted the cut and paste from Sandstorm's dec 31/11 financial report that includes 2.7 million income from NDX.
NDX has agreements to repay Sandstorm the 33 million over 6 years (or 5?). This year, 2012, Sandstorm is due 5 million. In 2011 it was due 3 million. This is pretty general knowledge. I don't think you need to contend much on the matter nor do I think it should be framed as 'significant negative' news. Is it a surprise to anyone? It seems like the Sandstorm financing and repayment matter is very well advertised.