I have a question for those more knowledgeable than myself (most I`m guessing).
I have seen many A&M attempts recently, mostly lithium, that have boomed or busted. I know lithium is quite speculative, and unfortunately I don`t own a crystal ball. I haven`t really seen an A&M for normal resources, apart from Strike (which was quite crappy in my opinion).
So my question is, how much does a company normally pay for a resource, percentage wise, when they are the ones that will take over the heavy lifting and still want a decent return? Would they offer 50%....or what is normal?
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Open | High | Low | Value | Volume |
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1 | 200000 | 0.270 |
1 | 40000 | 0.265 |
2 | 30000 | 0.260 |
1 | 75000 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 4058 | 1 |
0.290 | 10000 | 1 |
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0.310 | 1044851 | 1 |
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