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?
I certainly agree that they have probably given too much for too...
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.33M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $1.313K | 187.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 8181389 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 20288048 | 19 |
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| Last trade - 10.04am 15/11/2024 (20 minute delay) ? |
| LML (ASX) Chart |
