Yes, Jon, Tio Rico was paid in stock for services rendered a few years ago. You can find some mention of it in the SEC filings, as engineering or consulting work. Otherwise, I don't know anything about the company.
And yes, we can assume that we will have to pay for use of the plane. Generally, chartering a small plane is an economical way to travel to remote places, IF you have your own pilot, or if the pilot can wait for your return. Since Ron is a pilot, among his other talents, it should be a good deal for us, reducing not only the time required to get people to the site, but some material as well. |
