Post by
Redrum180 on Aug 30, 2023 2:58pm
ATLAS - Streaming Possibility?
I think Altius Minerals would be a great possible source of funding to get a mine up and producing. They are a royalty streaming company, as most of you know; they have close to a one billion dollar market cap. Thinking outside the box, giving a small percentage of future production might not be a bad way to finance a mine without dilution.
There are other streaming companies that also might be interested. I mention Altius because they have streaming agreements with potash, coal, silver, gold.
There is a related company, Altius Renewables which could even be a better fit.
I don't own shares in those companies; I do own some Sandstorm Gold, another royalty company; I don't know if the gold streaming royalty companies are able* to fund a mine; if they could, the monster Franco Nevada could fund this with their loose change.
*permitted to fund a salt mine by their corporate charter
Mark B.
Comment by
nedstar71 on Aug 30, 2023 3:24pm
Sounds like a decent option if they were interested.