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GraniteShares Gold Trust BAR

The investment seeks to reflect generally the performance of the price of gold. The Shares are intended to constitute a simple and costeffective means of making an investment similar to an investment in gold.


ARCA:BAR - Post by User

Post by BCdudeon Jun 24, 2021 3:52pm
177 Views
Post# 33445488

Company Update

Company UpdateI don't recall seeing this posted here.

https://www.youtube.com/watch?v=TcVNq6YdrLY

Worth the watch if you'd like to hear more about how UGE plans to finance the build-out of their backlog. Hint: they actually receive a developer fee, so it's net positive for them while each project is being built, and only once it goes into energy production do they take it on as non-recourse debt (secured to each individual project). As they bring more projects online, they hope to bundle them for synergies and expect to pay lower interest rates.

Another interesting point: Nick mentioned that once cash flows pick up significantly a few years from now, a dividend is probably in the works.
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