Accredited Solutions Inc (ASII)

[qsl]

Is Promotora Tailings Project the former LSTG tailings holdings.
If so, how much is LSTG getting from this transaction?
This is from GoGold's site.




A summary of the terms of the Promotora Tailings Project Agreement is given below:
•GoGold agrees to pay a fee of USD$15,000 per month. The payments will continue until such time that GoGold decides whether or not to develop the Project;
•If GoGold decides not to develop the Promotora Tailings Project, then GoGold has no further obligation under the agreement and the payments are terminated;
•If GoGold decides to develop and operate the Promotora Tailings Project, the rental payments continue over the life of the Project and Promotora is also entitled to a net profits interest of 12% after the deduction of costs and capital depreciation;