Hi I believe those are royalty payments to Triple Flag the royalty company which I am long TFPM .. it was a big royalty before via Maverix and Karora negotiated it down or paid it down can't remember to a lower rate, without this it would have been hard to develop Beta.. then Triple Flag bot Maverix Royalty company. I used to own KRR in US at $2 and sold a while back at $4US, it kind of has been spinning near that level and of course nickel prices are down. The combination is intriguing to me and I have since begun to follow WestGold in my AUS watchlist. I marked this post buy/not held, may put some into WGX now, they should gain a nice crowd once listed on the TSX where KRR primarily trades. It also trades US OTC.
Hope this helps. Bea Triple Flag Announces Q3 2023 Results – On Track to Achieve Guidance | Business Wire
News: WGX Westgold Resources And Karora Resources Agreed To Combine In A Merger, page-43
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Last
$2.50 |
Change
0.010(0.40%) |
Mkt cap ! $2.357B | |||
| Open | High | Low | Value | Volume |
| $2.47 | $2.53 | $2.44 | $9.956M | 3.999M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10207 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 7047 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| WGX (ASX) Chart |