''most will be waiting on aug production results especially the 10 days after the 20th''
IMO, Few thoughts to ponder why todays news has led to a share price fall - with a large sellers depth
Cash flows outside of Cr's or CN's is the key for ongoing commitments and valuations
The Cartesian Royalty debt covers the next 3 years - from commencement of commercial production - refer ogx announcement
The equivalent of 1000 oz was paid for the June 18 quarter- $1.759m cash
One would assume this would continue going forward ( actual quarterly amounts not certain but imo still relatively large )- possibly for another 2 and 1/2 years or so as per ogx agreement
The CN's are for 4 x $2m tranches over next 12 months - for fast tracking exploration etc
The Cartesian Royalty debt can be upwards of $40m - as per ogx announcements
Todays grades are exceptional but will they translate to cash anytime soon
DYOR and GLAH
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