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
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $83.89M | |||
| Open | High | Low | Value | Volume |
| 11.3¢ | 12.0¢ | 11.0¢ | $11.44K | 100.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 825716 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 441986 | 6 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| CUE (ASX) Chart |