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....
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LGM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.5¢ |
Change
0.005(1.79%) |
Mkt cap ! $30.05M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 30.5¢ | 27.0¢ | $76.69K | 263.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50827 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 58618 | 3 |
View Market Depth
| Last trade - 15.34pm 20/06/2024 (20 minute delay) ? |
| LGM (ASX) Chart |