https://www.theassay.com/articles/feature-story/gallium-a-key-ele...

First 14 Last

Share
Profile

Follow
GT55

4,541 Posts.

1521

11/01/24

12:06

Post #: 71829693
Share

Originally posted by GT55: ↑

Multiple interests create competitive tension so that would be good for a start, but usually just one partner (private equity, miner or end customer) will become a majority shareholder in the project for a cash up front fee and a free carried position and or a % of net smelter royalties for the vendor.
The amount of cash would vary depending on what % the partner is keen to take.
Could be 20-80% depending on what stage the project is at. In this case it’s very early discovery (yes it’s a discovery) so you would expect a significant % plus a lot of cash for a free held position. The end game will vary depending on the partner, if its private equity the developed project will most likely be sold off to competing interests and sale split on the agreed % basis as private equity will normally be quick to turn their equity into cash for their investors.That’s the cleanest model given that this particular market is still developing but don’t discount an end user and an ongoing profit share arrangement. Still a lot would have to happen before the company gets to this point so what the final outcome looks like is still up for a lot of negotiation and social debate when we get further updates about these unsolicited approaches and how serious they are.

Expand

https://www.theassay.com/articles/feature-story/gallium-a-key-element-for-the-future/

Good article and TMX gets a mention

TMX Price at posting: 0.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

What's causing the cost-of-living crisis, and how to navigate it

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war