I have a question for those more knowledgeable than myself (most I`m guessing).
I have seen many A&M attempts recently, mostly lithium, that have boomed or busted. I know lithium is quite speculative, and unfortunately I don`t own a crystal ball. I haven`t really seen an A&M for normal resources, apart from Strike (which was quite crappy in my opinion).
So my question is, how much does a company normally pay for a resource, percentage wise, when they are the ones that will take over the heavy lifting and still want a decent return? Would they offer 50%....or what is normal?
CZR "FOMO", page-158
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