Hi @Speaker2meI know two royalty groups in Australia that were...

Hi @Speaker2me

I know two royalty groups in Australia that were talking 20+ million right now. If I was TLM though I would wait until MIN hits 10mtpa (in progress) and then look to sell 40+ million + a premium for certainty that it actually happened. Right now the 20+ million number would be discounted as until the 10mtpa comes into operation there is always the chance it does not.

So to answer your question specifically, the buyout number would be between 20 million to 40 million +. This is also consistent with numbers that MIN paid to buyout other royalties.

Today's announcement is a fantastic result, it now provides proof that we are a free carried (eg. shareholders will not be asked for money) gold and copper explorer in a record high copper price environment.

Genuinely surprised this stock is not trading over 30c purely on the basis of the royalty.