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Re: Richard Headlock post# 8221

Monday, 03/24/2014 8:12:34 AM

Monday, March 24, 2014 8:12:34 AM

Post# of 51045
Is AMMX getting $270 million (less fee) for the trucks? In other words, does it take title to the trucks first? If so, what does it pay for them?

Or, is AMMX getting $270 million (less fee) for selling trucks that belong to the China party? If so, what does the China party receive? And how much is the "handler's fee"? $269 million?

Is the total deal $270 million, or is AMMX receiving $270 million (less fee)? If AMMX is not bringing money or trucks, why is it getting $270 million (less fee)? If the China party has the trucks and is supplying the financing, what is it getting?

Not saying the deal is "complicated." But based upon your experience of doing business in Africa, perhaps you can fill in a few of these details. If you don't know the details, what would be "normal," since you characterize this deal as "normal"?

TIA for helping me to understand.