RE: RE: PFP10 Jun 2021 15:35
had one off my little moments...
https://www.lse.co.uk/rns/PFP/half-year-report-pj01ef97k73hq29.html
2. Similarly, as part of its agreement for the purchase of the whole of the issued share capital of Sociedade Geral de Mineracao de Moçambique SARL, CMdN has agreed to pay the vendors, BHP Billiton, a further sum of $9,500,000 if, following further exploration and appraisal, an agreement is reached for the construction of a facility for the processing of ore extracted from the Moebase mineral sands deposit. This obligation is guaranteed by IM Minerals Limited
everyone is going on about kenmare but they would be competion and seem to have enought resources themselves
now if BHP are still owed money from the project would they not be the more sensible possible partners....well if we get the damn license back?