S32 1.37% $2.96 south32 limited

Ann: Tropicana Gold Mine Royalty Claim, page-7

  1. 5,505 Posts.
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    Interesting, Pooh.

    My conservative back-of-envelope is $US not $A.

    I had not considered the capitalisation of the future royalty stream, worth much more than accrued royalties. S32 will likely flog the stream to a royalty company and add the proceeds to GK's M&A kitty.

    Let 'em lawyer it out. S32 holders have nothing to lose.

    S32 should sift through the WMC database one more time in case there are more hidden treasures.

    Ash
 
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