RE: Where is AB7 Aug 2024 12:18
Helpful, Helpful,Helpful - Below is a direct copy and paste from Somas latest financial report - Please let me know your thoughts, your link was an agreement between RRR and CML - Soma own the mine now so think their official financial statement is more relevant -
El Limon The Company owns 100% of the El Limon Mine and Mill in Antioquia, Colombia. The mine is subject to a 3% NSR royalty on gold mined on the El Limon mineral licenses, to a maximum of US$2,000,000. Upon reaching the US$2,000,000 NSR royalty threshold, the NSR royalty decreases to 0.5% up to a maximum of US$1,000,000.