I'm sure they probably do! But why not propose an earn-in JV. Spending that kind of cash to earn a long lead time royalty only on success seems silly. At least with an earn-in with their best efforts and expenditure they could obtain >20% ownership on the tenure. I maintain a vgood deal for LGM!
I'm sure they probably do! But why not propose an earn-in JV....
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Last
31.5¢ |
Change
0.025(8.62%) |
Mkt cap ! $33.21M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 32.5¢ | 28.5¢ | $164.2K | 527.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 148339 | 3 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| LGM (ASX) Chart |