What true stake / rights in the land, though?22 Feb 2021 10:08
Has anyone got to the bottom of what stake UFO, or indeed any other explorer generally speaking as an industry norm, has in the areas allocated to them to survey and drill? Like I've asked before, but nobody responded, for all we know UFO are exploring for an Initial £5,000 fee from the true landowner/beneficiary a d maybe a further one off £5,000 bonus if they find something?! Facts, anyone? I mean, UFO presumably can't stand to share 100% proceeds with whoever gets it out the ground, else what's in it for the landowner, unless the initial permit/licence to explore was priced much much higher than they seem to ever be?