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Maroc Maroc - NEHANDARADIO.COM - A la Une - 06/Jan 16:14

UK firm Contango receives first royalty payment, expects US$2m annually

London Stock Exchange listed Contango Holdings PLC, a company focused on developing the Muchesu coal project in Zimbabwe, has announced that it has received its first royalty payment of US$200,000. The company expects to receive an additional US$800,000 this month, bringing the total royalty receipts to US$1 million. The post UK firm Contango receives first royalty payment, expects US$2m annually appeared first on Nehanda Radio.

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