Altius ModelAltius ( T.ALS ..market cap $890 m ) began as a project generator which it soldJVed while retaining royalty rights .
https://www.altiusminerals.com/_resources/webcasts/2022-q4-ppt-for-website-1678293902.pdf?v=0.415?v=0.869?v=0.206 Eventually, it developed a substantial royalty suite and is now an elite royalty company.
But, the project generator model is still in place as Dalton keep acquiring more prospective assets .
Its a great model , removing many of the risks/ costs of project development to production .
And, it's difficult not to observe that Maritime has the same project generator model .
As an aside, many of us Rockers were into the Voiseys Bay play 30 years ago ...( Dalton managed to acquire a royalty on its production..)
I recall that I was impressed by the nickel potential of the Eastern Deeps of Voiseys, which was held by another Junior at that time whom I was invested in.
Anyway, I had long forgotten about the Eastern Deeps but looking over the most recent CP of Altius...see link..I'll be GDamed if the Dalton Gang are now bringing the Eastern Deeps into nickel production ....30 years later .
Maybe, Brian sees himself in Maritime..
Apologies for the aside..