Royal Nickel Corp. RNKLF

Royalties

[arh0070]

Its interesting to look at RNX annual financial report .In 2018 it paid 11 million in royalties to Maverix and it (rnx) lost 10 million despite the discovery of the Father’s Day vein .So at this moment in time the ONLY beneficiary of gold production at the beta hunt is maverix .Hence the need for more financing .The great mystery to me is why Mr Sprott invested in RNX when their is a 7.5% royalty on production .One wonders if this was missed during his due diligence because it seems to me that the beta hunt will only make a profit for maverix .This together with the massive share dilution is why the share price is declining .The beta hunt because of this royalty is a bit like a hamster on a wheel it goes faster and faster but doesnt get anywhere .