KH backs it. How about we calculate what this gross revenue royalty and net smelter return royalty are worth.
Probably heaps.
I think this is what is referred to as 'deep value'.
Or board, management, KH probably have big plans for the cash. The previous MD who presided over exploration failures in the past has departed the scene.
It's tens of millions of dollars plus ongoing income which will last for years. Rather than throwing toys out of the cot maybe we should look for the (many) positives.
Ann: Proposed Sale of Talisman Interest in the Springfield JV, page-14
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