I certainly agree that they have probably given too much for too little albuckpg. However as you say with the current marker conditions, low SP and therefore small MC I guess they require this kind of input from JV's in order to fast track and continue exploration and get things moving even if it does mean giving away larger %'s than we shareholders would like.
One question I am unsure about is assuming LML go into production on their JV projects, all parties are liable for their % share of capital and operational expenditure are they not?
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $10.51M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $35.45K | 6.324M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 4064740 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 9109170 | 12 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| LML (ASX) Chart |