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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Metals & Mining Gold
Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company. The Company was focused on the development of the Angostura Project in northeastern Colombia, which consists of the main Angostura deposit and its five satellite prospects. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.


CSE:EOM - Post by User

Eco Oro Minerals Corp > DISTRIBUTION WATERFALL
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Comment by TiredofWatingon Jul 15, 2024 1:50pm
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Post# 36133298

RE:RE:RE:RE:RE:RE:RE:RE:RE:DISTRIBUTION WATERFALL

RE:RE:RE:RE:RE:RE:RE:RE:RE:DISTRIBUTION WATERFALLYes, under this scenario of 6.5% per year since 2016 on the original $696US claim, that hypothetical $1B buyout would be gone....   But, the concept of a buyer paying out the award and offering shareholders an additional amount seems like a reasonable pathway.

Of course, who knows...  We've been speculating for two years since the tribual decision!!
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