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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by Geodan2on Dec 19, 2019 1:07pm
263 Views
Post# 30473243

RNX.TO up 10% on news

RNX.TO up 10% on newsAt 50,000oz production Old deal = $2,306,250 for first 10,000 then + 50% of $400 X 40,000 = $16 mill X50% = $8 million, so total = $10,306,250 to Morgan Stanley NEW DEAL: $1,406,250 + 2% X (40,000X$1740= $69,600,000) =$1,392,000 dang did I make a mistake? Holy cow. That is Total $2,798,250 or savings of $7,508,000!!
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