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Otso Gold Corp. V.OTSO

Otso Gold Corp is a gold mining company. The company's only segment being acquisition and exploration of gold resource properties. Geographically, it has a presence in the Americas and Europe.


TSXV:OTSO - Post by User

Comment by rborhion Aug 26, 2020 3:49pm
166 Views
Post# 31457338

RE:Financials

RE:FinancialsI see in there that payments due to Pandion are:

$11.5 million US on April 7, 2021.

$11.5 million US on Oct 7, 2021.

Seeing as the mine is only restarting in April 2021, that first payment is a tough one.

Unless they can get it pushed back.  Each of those payments is worth about 6000 oz of gold at today's price.
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