Franco-Nevada's 7.29% NSR royalty on Newmont Mining's Gold Quarry open pit mine in Nevada, which cost the company US$103.5 million, realized $250 million in royalty payments before being acquired. The NSM royalty in this case gave Franco Nevada the option of collecting in cash or in-kind (metal product output).[3]
Personal opinion, pure speculation, DYOR, seek professional advice, I'm no expert etc
KDR Price at posting:
48.3¢ Sentiment: Buy Disclosure: Held