Happy to see that Exxaro will be commencing production in the second half of this year so our royalty income can commence.
$2,000,000 a year by 2015 and increasing to $10,000,000 a year of income to us by 2019 is nothing to sneeze at.
What's the expected life of Mayoko? 10 - 20 years? That's a nice little income stream of up to $200,000,000 unless of course production increases or decreases. But it's no expense from us going out to get something back.
I'm looking forward to the same royalty system occuring for all our assets and nice dividends coming through every year.
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