NSR16 May 2021 11:03
Could somebody please explain ...in simple terms....the capped and uncapped Net Smelter Royalty NSR...and how it works...
“Metal Tiger holds 6.2m shares in the A$1.2bn market capitalisation Australian Stock Exchange-listed company worth A$42.3m (15.2p a share) in addition to a capped US$2m Net Smelter Royalty (NSR) on Sandfire’s T3 Motheo Project, and an uncapped 2 per cent NSR over 8,000km2 of Sandfire’s adjacent licence holdings, which includes the A4 resource area.”
Thanks in advance.