The obvious reason, they get it cheaper. They carry the risk though.
If Ph2 results are fantastic those risks are reduced.
Failure at Ph3 can occur
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KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
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Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
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Last
5.1¢ |
Change
-0.002(3.77%) |
Mkt cap ! $382.1M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 2061630 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 521191 | 24 |
View Market Depth
No. | Vol. | Price($) |
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32 | 2123866 | 0.051 |
80 | 7636972 | 0.050 |
24 | 3763545 | 0.049 |
18 | 818259 | 0.048 |
6 | 859234 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 460767 | 23 |
0.053 | 840262 | 11 |
0.054 | 2288679 | 8 |
0.055 | 670630 | 7 |
0.056 | 1946185 | 12 |
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