RE:RE:RE:RE:News out. $ 15,000.00 MONTHLY PAYMENTS by FT to PRESERVE JFSL PROPERTY ACQUISITION OPTION:
START:
August 1, 2022
{FIRST DAY OF MONTH AFTER EXPIRY DATE: July 24, 2022}
FINISH:
March 1, 2024
* it 'APPEARS' that Fortune Minerals HAS DISCONTINUED the $ 15,000.00 MONTHLY FEE for a NO FEE USE of the JFSL SITE by the PRESENT JFSL OWNER for 18 MONTHS after the EFFECTIVE PURCHASE DATE Fortune can complete the purchase of the JFSL facilities before May 15, 2024 by paying C$5.5 million, less payments already made, and subject to JFSL’s right to use the facilities during the eighteen months following Fortune’s completion of the purchase option.
- there were NEGOTIATIONS where we TRADED the $ 15,000.00 monthly OPTION FEE for a RENTAL FREE USE of the JFSL property for 18 months AFTER ACQUISITION by the CURRENT JFSL property PROPRIETOR
- I 'BELIEVE' that we also PROMISED THEM the GENERAL CONTRACTOR position in the BUILDOUT of the HYDROMETALLURGICAL FACILITY
so:
20 * 15000.00 = 300000.00
- based on MY CALCULATIONS, we PAID
$ 300,000.00 in JFSL OPTIONS FEES
z173