A JV partner involves the party funding all exploration activities on land KRM already has. For example RIO/BHP/TECK ( whoever the JV partner is) will give KRM $X amount per year to drill.
So if the JV partner gives KRM $10 million PA to spend this would put KRM In a greater negative EV position
KRM Chart, page-1134
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Last
4.0¢ |
Change
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Mkt cap ! $30.14M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 3.9¢ | $6.721K | 168.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 470000 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 792409 | 1 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| KRM (ASX) Chart |