S32 1.60% $3.68 south32 limited

Ann: Tropicana Gold Mine Royalty Claim, page-4

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  1. 5,581 Posts.
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    Too lazy to look really hard.

    Wiki says Tropicana produced:
    https://hotcopper.com.au/data/attachments/6264/6264616-08b54bb87365f21fc25154f0819ce8dd.jpg

    Back of envelope, DYO if desired: 300,000oz x $US1,000 x 7 years x 1.5% = $US31.5m

    Worth fighting for. Nice but not significant to S32 holders.

    Ash
 
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