Thanks Donny for reposting QQ's map.
I was in and out all day and didn't pull the trigger on the MTX/WSR increased volume you were telling us about. Oh well cant have all the area plays and I certainly have a fair amount of WSR. Fantomas made an interesting point about how many $'s it is going to cost WSR to buy into its 50% max position. However if this anomaly turns out to be another E1 or E2 then $20million doesn't seem to be a majorproblem.
WSR 50%, MTX 41.5%, ADD 8.5%
WSR can earn up to 50% over a four year period, but they have to spend C$ 5 m for every 12,5%.
That makes a whopping C$ 20 m for this 50% interest, probably the most "expensive" JV in JBL so far.
FANTOMAS
Question for you guys - who drew the original red line?
