They've spent I reckon about $15m over the years drilling it so that should be the bear minimum I'd say.
I personally would vastly prefer an initial payment plus retaining some of it. Like $5m for 60% and % share of final revenue when It comes into production for example. something like that.
Cheers,
DMac
PGM Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
