lady annie sold

I don't know why you would want to get out of Royalco..

I know it has gone ex capital return of 10c but just look at the future dividends.

They are currently earning in excess of $5 million in royalties on just one project alone. That equates to a return of 10c per share each and every year. (20% return to shareholders guys)

There is also the real possibility of a continued large royalty return once Mt Kelly gets back up and running (Mt Kelly is part of the Lady Annie mine that the Chinese just bought for Cape Lambert).

The mine is on care and maintenance and won't take long to recommission.

What else can they do with the money, they've already had a share buyback, a capital reduction...

Divvies next.... And more royalty acquisitions.

This one is winner in anyones eyes...