Post by
shermandrock on Oct 25, 2013 12:50pm
Hey rozelli: A little help please
What support have you examined that suggests that royalties are being recorded as debt?
Why does this matter?
If the company is recording royalties as debt, where is the asset offset on the balance sheet?
Deferred royalties?
Only currently royalties are expensed.
Kindly assist us to wrap our minds around this and, why is this a "headwind"?
Thanks
Comment by
rozelli on Oct 25, 2013 10:19pm
Looks like basically a non issue. The stream being recorded as debt is a concern for larger miners as they would not want extra debt to affect their credit rating. When I saw the early waek trading I wondered but the way this trades is a mystery at most times. Still she is a sector leader in the end prospects looking very good.