RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What the…. I think the simplest way to roll it out would be by administering the royalty as a separate stock upon the buyout.
For example. If the buyout price is $30 (starting on the Matlas koolaid early today!) the deal could be structured in such a way where every shareholder gets $29 in cash and 1 newco share (maybe ishkoday royalties or something like that with its own ticker). The newco would then be able to be traded and pay out an annual dividend for the royalty amount. If you have 100 Lme shares you get $29 per share plus 100 newco shares with an initial value of $1 a piece. The drawback here is a mine would take quite some time to build so one would have to wait to see the fruit of the newco royalty shares.
another upside with this is if the acquirer finds more gold than even Cynthia has found and expects then that $1 (1 share in newco) can also grow as demand for the royalties/dividends grows.
This is purely hypothetical and possibly a mute point as I do believe insistence of a cash deal means people want completely out. Maybe they need to make a concession on all cash, who knows. This scenario could open up the potential of a great payout for investors as well as continued partnership with the new owner for shareholders who choose to keep their royalty shares.