RE: What should the CLN restructure look like ?!25 Feb 2026 09:57
Pied thats not the only payment before 2030 though? you missed some money as per the rns.
With the finalisation of settlement, Conrad has satisfied all the conditions for the farm-out (as previously detailed in the Company's RNS released 19 November 2025) to become effective, triggering the immediate cash payment of US$5.0 million to WNEL. This is the first instalment of the agreed upfront cash consideration of US$16 million under the farm-out. This will be followed by a subsequent payment of US$4.0 million to WNEL in 30-45 days. The final payment of US$7.0 million will be paid to WNEL upon production, currently targeted for late 2027.