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Mining Global Inc. MNGG
Posted On: 12/08/2014 11:58:27 AM
Post# of 12259
Posted By: eater7
Great news Joel. Key facts: 1) 180k tons will be processed, 2) Contract is for 20 acres, and can go up to 80 acres, 3) Monthly royalty is 20 percent of gross, 4) 5 ounces per month in processing fees, 5) And I think this is the most interesting term, Keystones owner can switch from a 20 percent payment from gross revenues, to a equity holder in the stock. Very smart move here, if Congress and Ghana prove to be fruitful, you might have you first big equity investor in the stock. Very good news.













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