Rick as always you deliver!, great questions!, Great interview! David my portfolio is bleeding (in the red with Gold Royalty), but I realize when the pot is on the stove, the food cooks. I look forward to the delivery of the five course meal!. I know that day is coming sooner than later and I think Peter is the best of the BEST!. Thanks for all that you do to help my wealth grow and I am an investor.
The revenue of the company seems to be around $700k per quarter, while expenses are more than $3M (source TradingView). The cornerstone assets plus all other assets combined seem to cover less than a quarter of the expenses. Why can we expect this to change?
A good amount of assets aren't producing yet. Many are in development and exploration stages, and others arent payable until a certain amount of ozs are mined, which can take years. For example Coté, one of the "cornerstone" projects, isn't expected to produce until 2nd half of 2023. And that's not set in stone. It could easily be another year or two or more before it's producing at full clip. As great as the royalty business models is, it requires great up front cost that comes payable on the backend. And with spot prices still low, there's little incentive for any miners to ramp up production in a meaningful way... nevertheless, I'm just a sucker speculator myself and know little about what I speak...
It's not supposed to change. Investing here means you're merely paying salaries to employees. Doesnt matter what happens in gold sector this will continue to fall. Even if gold goes on a tear this will collapse as it has already demonstrated multiple times
Gold Royalty lost some major shareholders, gold has been out of favor. Loosing over 50% value., but as with all things...gold is a storehouse of value and now that the markets are going to crumble, gold shall shine, now that all those who invested in Bitcoin/Cryptos who left the gold market are coming back. When the DXY goes down, the retail shall flock to gold and gold mining stocks for the 10X plus gains.
Exactly! The most obvious question that RR should have addressed. I love RR as an inverviewee but it disgusts me to see him pulling his punches like this.
They are not making a profit but paying a dividend. So it must come out of the equity. Their GnA for last year were 18m which sounds a lot for a company of 8 people. Based on what he says in the interview their financials should look completely different. In Q1 2023 their GnA was 3m which still sounds a lot for a quarter. Anyway, a truthful CEO would have addressed these obvious issues. I'd say avoid.
I'm behind David's company. Thank you Rick and Albert!
I'm onboard 😊
So excited about this company.
Rick as always you deliver!, great questions!, Great interview!
David my portfolio is bleeding (in the red with Gold Royalty), but I realize when the pot is on the stove, the food cooks. I look forward to the delivery of the five course meal!. I know that day is coming sooner than later and I think Peter is the best of the BEST!.
Thanks for all that you do to help my wealth grow and I am an investor.
Im new to the Royalty space, is it common practice to have negative Q over Q income and still pay a dividend?
What is the 800 number?
How long can they hold it until they start to pull out some profits?
Why has their stock price su#@^^ked then?
The revenue of the company seems to be around $700k per quarter, while expenses are more than $3M (source TradingView).
The cornerstone assets plus all other assets combined seem to cover less than a quarter of the expenses. Why can we expect this to change?
A good amount of assets aren't producing yet. Many are in development and exploration stages, and others arent payable until a certain amount of ozs are mined, which can take years. For example Coté, one of the "cornerstone" projects, isn't expected to produce until 2nd half of 2023. And that's not set in stone. It could easily be another year or two or more before it's producing at full clip. As great as the royalty business models is, it requires great up front cost that comes payable on the backend. And with spot prices still low, there's little incentive for any miners to ramp up production in a meaningful way... nevertheless, I'm just a sucker speculator myself and know little about what I speak...
It's not supposed to change. Investing here means you're merely paying salaries to employees. Doesnt matter what happens in gold sector this will continue to fall. Even if gold goes on a tear this will collapse as it has already demonstrated multiple times
Why is the stock performing so bad over the last year? Looks like it's way underperformed other royalty co's.
Yes, I had the very same question on my mind.
Perhaps this is an opportunity to reach out to the CEO and ask him directly?🤔
Gold Royalty lost some major shareholders, gold has been out of favor.
Loosing over 50% value., but as with all things...gold is a storehouse of value and now that the markets are going to crumble, gold shall shine, now that all those who invested in Bitcoin/Cryptos who left the gold market are coming back. When the DXY goes down, the retail shall flock to gold and gold mining stocks for the 10X plus gains.
Exactly! The most obvious question that RR should have addressed. I love RR as an inverviewee but it disgusts me to see him pulling his punches like this.
They are not making a profit but paying a dividend. So it must come out of the equity. Their GnA for last year were 18m which sounds a lot for a company of 8 people. Based on what he says in the interview their financials should look completely different. In Q1 2023 their GnA was 3m which still sounds a lot for a quarter. Anyway, a truthful CEO would have addressed these obvious issues. I'd say avoid.
It's a lifestyle company. It's not there to return profit to shareholders. It exists so shareholders can fund the salaries of the 8 employees
They are not answering phone calls.
What is the 800 number?