Some folks just don't understand business.,
Re: Royalty company vs miners..
Admittedly these are large US templates,, but principles are principles. Don't underestimate the royalty model.
From Visual Capital.. full article here:
https://www.visualcapitalist.com/sp/how-gold-royalties-outperform-gold-and-mining-stocks/
Ann: Maiden High-Grade Golden Forty Mineral Resource Estimate, page-48
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