Cathy and Baldock Reach International StatusCathy and Baldock Rock Stars you say ?
As in processing sulphide copper and gold ?
Absolutely .
They have the distinction of being Intec Internatiinal's last victims .
Yep.
Thats right folks .
But, they got a great deal.
I let you be the judge...
2014 - 2016: Malaysia
Based on achievement of a successful laboratory assessment in 2014 , Monument Mining Limited ,a TSX-listed Canadian gold producer in Malaysia ;has been granted an interim license from Intec International Projects in February 2015 , which has the right to exploit the Intec Technology in respect of both copper and gold processes.
In consideration to secure the Interim License, Monument has issue14 million fully paid common shares of the Company. During the Interim License, Monument will also be obligated, among other things, to incur capital expenditures for the commercialization project ranging from $13 - $15 million.
In doing so, the total cost of the Mengapher project to Monument shareholders will rise to $140 million .
Well worth the revenues of nil todate.
This international Swindlers Delight duo of Cathy and Baldock will be seeking your proxy vote in the upcoming AGM.
Return the shaft..