RE:RE:RE:Update Osisko Gold Royalties I think I read we pay $1M once the intent to start production begins then the NSR rate of 2.75% of all mineral sales. So if we have $80B of metal in ground over 20 years of sales we end up paying 2.75% if $80B???? Well obviously that cannot be right since that would be like $2.2B and that initial loan of $32M turns into $2.2B over 30 year period from initial investment? I believe you’re saying WRN can purchase out of NSR by paying $59M?
Sorry - I just couldn’t find any details on this agreement either....hopefully others can help. Regardless the NPV of Casino must take this into account....