Just spoke with Paul Thompson and yes it's a gross revs deal as TML correctly stated. I also asked about the project and what Argonauts plans ere moving forward and he stated they have been working there for some time now and are well into the mapping of the property. Plan is to do a massive heap leach and he said the potential is huge and they know that. He talked about having more time to focus on the Scorpio project and how they've not only discovered a very nice copper deposit but a great gold deposit around the outside.
Very nice conversation and he sounded in a great mood.