Glencore Is Close to Creating a Mining Royalty Company...

Glencore Is Close to Creating a Mining Royalty Company https://www.bloomberg.com/news/arti...o-be-close-to-creating-mining-royalty-company

Hope you can read this link.

I would hope that AVB spreads it’s risk so that (maybe) glencore can fund centro thru another royalty deal. They mention South America, so I would think we’d be there, or thereabouts.

Hopefully not as penal as the “crash test dummy” AN & PB deal. Which will cost us, IMO, more than $AUD60m in future dollars for USD12m of funding.

Declaration - I own shares in Glencore.
HB