if the company receive $500M and $2 royalty with the below assumption. interest rate at 10% first 3yr 0MT production 4th year 20MT production 5th year 30MT 6th year 40MT 7th - 20th year 50MT
the NPV for royalty is about $0.5Bn
LNC Price at posting:
$1.86 Sentiment: LT Buy Disclosure: Held