RE:RE:RE:RE:RE:RE:Great NewsThe payment I was referring to has nothing to do with the NVLH merger deal and Bonnie Claire. I am talking about the Smith Creek payments which are required for LON to earn their interest in Smith Creek. The payment schedule is listed below and I have not seen any news announcement that the December payment was received so I assume that it was missed.
Date | Earn-In Payments (USD) |
On or before December 19, 2022 or as agreed by the parties | $1,750,000 |
On or before May 31, 2023 or as agreed by the parties | $1,250,000 |
On or before June 30, 2023 or as agreed by the parties | $1,500,000 |
On or before September 30, 2023 or as agreed by the parties | $1,100,000 |
TOTAL: | $5,600,000 |
Date | Earn-In Payments (USD) |
On or before December 19, 2022 or as agreed by the parties | $1,750,000 |
On or before May 31, 2023 or as agreed by the parties | $1,250,000 |
On or before June 30, 2023 or as agreed by the parties | $1,500,000 |
On or before September 30, 2023 or as agreed by the parties | $1,100,000 |
TOTAL: | $5,600,000 |