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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: charred who wrote (11098)1/19/1999 2:00:00 PM
From: m jensen  Read Replies (1) of 14627
 
Charred with respect to the Royalty

Is it not "a sliding scale royalty" whereby should it go into production the vendors would recieve 4% on a 50 tonne per day production as opposed to let's say 1% royalty on say 500 tonne per day?

At least it was my understanding of a sliding scale.

Regards
Mike
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