The 60% payment is based on our lab's assay x tonnage. When all the concentrate has been refined, the REAL amount will be tallied and the balance paid. That's a lot better deal than having to wait for refining to be complete.
We have cash flow! It will only get better as time goes by.
How touching, our first million. Do you think MD will keep the crumpled up bill in a picture frame by his desk. Say, whose picture is on the million dollar bill?
Did not get a definite answer on the final payment terms because Walt just didn't know every little detail. But if he did...and we laughed about this...he would not be working still.