RE:So if I'm reading this right....My understanding is that anyone who developed this property would have to pay a 1.02 % royalty to AMK on all profit from certain areas of TC and 0.51% royalty on all profit from other areas.
AMK has given up that royalty for 5 million shares of TUD and have also given up their right to buy back into that royalty for another 100k shares....
What this does is make it more palatable for a potential TC buyer in that they no longer would have to pay royalties to AMK...