RE:Nations Royalty started tradingOne implication of this NRC royalty on KSM, is it highlights another group with a major incentive to see KSM go forward; i.e. the Giustra / McLeod group, in addtion to the Seabridge group.
Arguably, it is another influential group that would like to see the MTT get approved to the detriment of the Treaty Creek group. It's plausible that they are putting whatever pressure they can on the situation.
rockport1 wrote: The Nations Royalty (NRC) Golden Triangle based streaming company began trading yesterday. They have ported the royalty streams, given to First Nations for mines in their territory, into NRC. All five streams are from GT based mines or future mines: Brucejack, Premier, Red Mountain, Kitsault, and notably KSM.
In their corporate presentation they have revenues from KSM beginning in 2029. Seems pretty optomistic to me, given that the MTT is supposed to take five years to build, and they don't yet have the constructions permits.
Note Frank Guistra and Rob McLeod are involved in NRC.
I suggest reading the corporate presentation available on their website if interested. https://nationsroyalty.ca/home