Re Re PermitNF, the answer to my question of when the 15% is done was not clear.I know the 2% NSR has minelife, but the 15% termination point is not clear
The news release states, "Taseko will retain a 15% carried interest." It does not say that this 15% carried interest will be limited to the IPO.
It further states that Taseko has the right to terminate the agreement in the event that JDS does not achieve certain developement milestones and an IPO or "OTHER LIQUIDITY EVENT" within an agreed timeframe.
Why would Taseko put that " other liqidity event " in as a terminating factor if they had no interest in it?
Anyways, I don't see Taseko giving up a massive gold mine for 15% of anything. They are smarter that that