OTCQB:EMHTF - Post by User
Comment by
rrrrrrrrrrrron Dec 09, 2019 11:56am
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Post# 30436045
RE:VFF 100% OF PSF
RE:VFF 100% OF PSF1/ Take or buy at a fixed price expires at the end of this year. EMH was only subject to the price delta in Q3 (max $7.2M) and will be in Q4 ($TBD but assume $8M max). If they pay they will get 1/2 of this back through PSF ownership.
2/ 2020-22 the "take or buy" condition is removed as it is not a fixed price it is at "previaling market price". There would be no penalty to not buy but have the right to take up to 25% of PSF production.
You can at a high level qualify this on pg 12 of the VFF investor presentation or call them to confirm.