How do one lose 26 MUSD in 2023 if one just is a royalty company, is it the finance that costs so much because they are deep in depth ? Im not really knowledgable about how royalty companies have costs. So 25 MUSD revenue in 2025 they still make a loss then?
Thanks for putting this out guys. Very informative as always. I’m fully positioned now, but thinking about buying another bit in this dip.
Sounds like a good copper stream acquisition
I'm buying Groy soon
How do one lose 26 MUSD in 2023 if one just is a royalty company, is it the finance that costs so much because they are deep in depth ? Im not really knowledgable about how royalty companies have costs. So 25 MUSD revenue in 2025 they still make a loss then?
It's because it's a scam. Stick to newmont!
40:52 Why do they call Vares a stream when they intend to cash-settle ?
they pay 30% of the spot price. Idont know is that not a stream deal then?