RE:TVI will yield over $25,000,000 us Revenue Annually.. TVI will yield over $25,000,000 us Revenue Annually..
from BALABAG Gold Project.Based on 3 year minelife of #131,000 GEO @ $1900 usd ounce = $248,900,000 or $ 83,000,000 annually.
TVI' s 30.6 % = Revenue of $76,000,000 or $ 25,400,000 annually.( approx $ 33,000,000 ca )
FYI
I do not think that that is how it works.We own 30% of the company does not mean we get 30 % of the revenue. If there is a dividend paid out we are intitiled to 30% of that.
- The possible payout will come when the listings occur and then we have 30% of the listed company....My opinion only.
- Also what could happen is a bid ( Solicited /unsolicited) for the company. We would have to be paid out in that case as well I think.
The other thing to be aware of is dillution of our 30% ,does anyone know if there are clauses to protect TVI Pacific from that? I know that Cliff is very shrewed and im sure we are protected, but...
again my opinion only and maybe others know better and have better information.