GREY:PTQMF - Post by User
Post by
oullinson Feb 25, 2013 10:33am
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Post# 21037840
Royalties
Royalties How much money is in the royalties forgiveness?:
Hint. Check the AP on the balance sheet it is included in it.
Future royalties
Not clear since there are several of them including Panama Gov. royalties. Total royalties is around 7%. Inmet if I recall is around 2% to 3%.
So the total of the "missing details" is $50M. Future royalties should be about 1/2 of that considering mine life. So divide the balance ($25M) in 2 and you get due royalties + cash at $25M.
Elementary my dear Watson.
As I mentioned before PDAC is next week so expect more news before the end of the week.
Cheers