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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Post by aagoldon Sep 19, 2012 4:58pm
238 Views
Post# 20387834

No minimum payment guarantee?

No minimum payment guarantee?

This agreement surprises me because, unless I'm missing something, I don't see any minimum payment guarantees.  Also, I thought SND was supposed to restrict itself to projects in North America, wasn't it?  As far as I know, all of the other past agreements required a set of minimum payments to SND that equaled the original investment.  So this agreement seems to be quite a bit different - if there's no production, SND gets nothing and can do nothing about it, right? 

 

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