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bizops12

05/16/19 10:42 AM

#34713 RE: bizops12 #34712

Basically for $80,000 CTDT added a lot of real value to hits bottom line. That should make funding easier because they are funding real value and not just the patent. It also should help stock value for the same reason.

Really a win win for everyone.
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Tex18

05/16/19 10:46 AM

#34714 RE: bizops12 #34712

I agree Biz, seems like a good deal.

“Additionally, both parties have agreed to share 2% of net revenue from their separate revenue streams that originate from the mining complex”

So CTDt will get 98% of the revenue they’ll realize from the gems, metals, and other for their products and diamonds as well as 2% passive portion of Apache’s revenues off the mine.

Being in oil and gas, I’m always hesitant to believe the estimated values as reported as they are often highest case and usually over inflated. But even if the mine only brings a total value of 10% of the stated 22 billion, that is still a great investment on Centaurus’ part!

Very optimistic to see what Q3 brings!