Despite that gold in WA has its advantages too. And Troy still has a 2% royalty on all Sandstone properties (Alto Metals and Middle Island Resources). If you have a margin of 10% that 2% royalty is like having a 20% stake. And the good thing is that while development costs a lot and will dilute Alto Metal shareholders, Troy just keeps the 2% royalty without any further investment. There's an iron ore royalty in Brazil too.
- Forums
- ASX - By Stock
- Breakout Gap Running
Despite that gold in WA has its advantages too. And Troy still...
-
- There are more pages in this discussion • 200 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TRY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online