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Alto Metals 137000 ounces. Middle Island Res. 480000 ounces....

  1. kojak78
    1,538 Posts.
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    17/11/17
    07:49
    Post #: 28877222
    Alto Metals 137000 ounces.

    Middle Island Res. 480000 ounces.

    617000 ounces.
    2% royalty = AUD 20.3m

    Alto Metals goal of 5m ounces + 480000 Middle Island, 2% royalty = AUD 180m

    Whatever you might think of those low quality resources or goals... the royalty on Sandstone has some value after all.
    TRY Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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