“One completely new aspect of the agreement between Gabriel and the Romanian government is over payment of the royalty. Romania can opt to be paid in gold bullion, which could be a fair amount of gold in the end, with total delivery measured in tonnes not ounces. The six percent royalty is on gross revenue. Romania can take the equivalent value in gold. As a Gabriel spokesperson put it, ‘essentially they can request six percent of the value of our production.’ It could – emphasis on could – mean Romania hauls in some 15 tonnes of gold, life of mine. That, in turn, amounts to about 15 percent of Romania’s official gold reserves, which are just over 100 tonnes.”
http://www.mineweb.com/mineweb/content/en/mineweb-exploration?oid=202844&sn=Detail
Tip Freedomwat.ch Staff with Bitcoin