It's the sale of the existing royalty stream / agreement to a company that specializes in royalty streams, purchased from a private company.
This is a vote of confidence in the project and the ability of the team to commercialize, one that would have been thoroughly analyzed by specialists.
A public company that exists purely based on its ability to skillfully assess and purchase future revenue streams via commodity royalties is prepared to outlay $8M in order to get access to the 1.5% net royalty that will be available in the future from AOP's Rebecca system.
There is no action they can take to make this a reality, they are completely dependent on AOP to materialize this investment. You would only do that if you see a good buying opportunity weighed up against low risk that the company will have a commercialized mine in the future.
A great vote of confidence in Rebecca's future from experts who do this for a living AND there are consequences if they get it wrong. I see this as a significant but different type of recommendation v a broker report, they are recommending the project by investing significant amounts of their own money, they have skin in the game now - says a lot.
AOP Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held