St Andrew Goldfields Ord STADF

RE:RE:RE:RE:RE:RE:So no feedback ?

[cre8value]

Ted - It is a claim that is in dispute. The courts have to figure out if it is even VALID.
 I don't see the production from Holt mentioned on the Kiska website from Dec 18, 2013. Holt makes up the majority of the current oz's produced. You would think Kiska would have called that out if they thought they could get some money out of it.

Hislop is not even in production now.  So it looks like current Holloway oz. but that is just a guess from the news release. Holloway produced 23,780 oz last year out of the 90, 676.

I think AncasterMike is closer to the mark -  $5.00 - $7.00 per oz under question but that is a guess too. So what is this between $100,000 to $150,000 under dispute last year? That is just another guess. For a company with $20 million cash does that seem like much?  Please correct any of the above if you have additional information.  Notice that Kiska even say "alleges" below. 

From Kiska website.
"The Company alleges that, under the Agreement, St Andrew is obliged to make 0.5% NSR royalty payments in respect of both the near-mine and regional targets. Currently, several of the identified targets relate to producing St Andrew gold mines (Hislop Mine, Holloway Mine) and exploration prospects."