I certainly agree that they have probably given too much for too little albuckpg. However as you say with the current marker conditions, low SP and therefore small MC I guess they require this kind of input from JV's in order to fast track and continue exploration and get things moving even if it does mean giving away larger %'s than we shareholders would like.
One question I am unsure about is assuming LML go into production on their JV projects, all parties are liable for their % share of capital and operational expenditure are they not?
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LML
lincoln minerals limited
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.61M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $22.98K | 3.83M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2200000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 10658930 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2600000 | 0.005 |
29 | 20504454 | 0.004 |
13 | 9468249 | 0.003 |
7 | 8999980 | 0.002 |
6 | 15799980 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 7658930 | 10 |
0.007 | 11000826 | 10 |
0.008 | 138551 | 2 |
0.009 | 4293174 | 3 |
0.010 | 3723312 | 4 |
Last trade - 09.59am 25/06/2025 (20 minute delay) ? |
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LML (ASX) Chart |