I guess those are about the terms you have to expect given the immaturity of exploration.
Retaining 15% (down from 50%) is sufficient in the event of success given this is still elephant country, and if the drill looks good enough 20%.
Not likely to excite the market for a long time though.
Still we've bagged yet another world class partner.
EL
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Last
9.8¢ |
Change
-0.002(2.00%) |
Mkt cap ! $68.47M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.7¢ | $26.71K | 271.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11512 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 142143 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CUE (ASX) Chart |