"6% might be good but the person who gets the other 94% probably gets to claim ownership"
You are obviously downplaying the stock.
Read my post: 6% Royalty is very good given that it is paid on the gold produced.
The 94% is not correct because you have to subtract the cost of production.
In fact, I prefer the TCMG walk away after paying millions for exploration and Evolution may T/O the company.
"6% might be good but the person who gets the other 94% probably...
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Last
5.2¢ |
Change
-0.002(3.70%) |
Mkt cap ! $28.32M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.2¢ | $6.835K | 129.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 103942 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 117682 | 2 |
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| Last trade - 14.48pm 20/06/2024 (20 minute delay) ? |
| ERM (ASX) Chart |