re sprott and todays roller coaster, page-53

Hi Yeld,

Already in on the rights offer - no brainer.

Thanks for your view/interpretation. One other thing on NSU that makes me think that way as given the valuation was NPV after completion I would have expected the capital cost to be out - (do it alot for O&G wells and you take the capital cost up front out of the revenue stream) - hence the $253M was ex capital cost. Anyway, probably bored the others on the thread.

The Chalice link clears it - 30% is participating paid form cash flow and end up as 33% capital cost contribution.

Thanks for that. Makes the investment in STB even more attractive.