RE: JV ring, ring,
MR Platinum, this is mr X, we are interested in the Wellgreen project and are comfortable with the mineral findings so far, we would like to add a few points of consideration to this joint venture, one: drilling program to be reviewed by our geologist group who would be happy to assist along the way.
No problem Mr X, we would appreciate their expertise.
Two: we feel your share price is undervalued at this time, so we would like to aline the tranches to this 10,000,000 dollars for 10 mil shares, plus 5 mil options @ 1.20 for 5 years at each of the years of 2013, 2014, & 2015.
Sounds great Mr X
three: we wouuld like to reserve the right to purchase the first 5 years of concentrate from the project suject to final metallurgy results.
Fabulous Mr X our shareholders are gonna like this, anything else?
Yes, and finally we would like right of first refusal to purchase the entire project.
consider it a done deal, I will have the attorneys and accountants draft it up today and you will have it on your desk by morning, so we can both make public announcements early next week once the 't's are crossed and the "i's dotted.
sounds great, thank you, talk soon