Good Company.23 Jun 2020 18:49
Hi pawnsacrifice.TRR Australian in production Koolyanobbing Iron Ore Royalty Acquisition is already paying for its self .Brilliant first Royalty, with The first quarterly payment attributable to Trident Resources,soon to be Trident Royalty's, was A$539,310. That's more than A$2million a year. TRR has £16 million=$20 million in cash to invest + $10 million in a revolving facility from a bank to use for Buying Royalty's .I think I have all that right.Also I think this company's management does not want to dilute TRR share account. The company Will build Royalty book mass of between 6 to 8 Royalty's which will allow TRR to enlarge their revolving credit facility=more cash to buy even more Royaltys. IMO. They seem to know what they are doing as far as building a UK listed mixed commodity Royalty company. 3rd/ Precious metals.3rd/ industrial metals. 3rd/ other metals,like rear earth metals for EV AI etc. If one looks at Canadian listed Royalty company's on TSX .You will see how good Royalty company's can be. I invested in (SSL)Sandstorm Gold at C$2.00 it is now C$12.82 & look at Osisko Gold Royalties Ltd.