KDR 0.00% $1.90 kidman resources limited

Court summary - can someone provide, page-30

  1. reu
    1,743 Posts.
    One problem is was the NSR in cash or was it in-kind (metal product output) ? This creates uncertainty.

    https://en.wikipedia.org/wiki/Net_smelter_return

    • Franco-Nevada's 7.29% NSR royalty on Newmont Mining's Gold Quarry open pit mine in Nevada, which cost the company US$103.5 million, realized $250 million in royalty payments before being acquired. The NSM royalty in this case gave Franco Nevada the option of collecting in cash or in-kind (metal product output).[3]
    Personal opinion, pure speculation, DYOR, seek professional advice, I'm no expert etc
 
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