just to add: funny thing is, if JRV with the very same assets...

just to add:

funny thing is, if JRV with the very same assets were to trade on the TSX or AMEX, marketcap would be 5 times higher imidiatly.

ASX has no significant royalty company listed. So investors are much less aware of royalty valuations.
All big ones like Franko-Navada or Royal Gold are North American.

I am certain a 30/20$ Royalty on a 3.5million oz deposit will see some serios attention not too far into the future.
And not to forget Nyngan Sc. project is DFS. At current Scandium prices the 1.7% GSR could yield 2,2mm+ per annum.