But what about the upside. increase in tonnes at CF from 502mt increase in gold
6000 ounce x 2500 x 20 years = 300 mil 6000 x 3500 x 20 = 420 mil 5000 x 3500 x 20 years = 350 mil 5000 x 4000 x 20 = 400 mil 6000 4000 x 20 = 480 mil
All hypertheical but that's what royalties aim for its an option on increased tonnes and higher prices would depend on the forecasting of the royalty company it would also depend on the forcast for Cu price as that would determine higher conversion of tonnes at CF.
sure still no guarantee of production but that is the risk.
HCH Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
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