RE: S&J Royalty Scale..?<< is a graduating royalty which significantly drops in value if gold goes below $750. .. but thats only for 1 more payment?... >>
Correct. Royalty rate declines "steadily" rather than "significantly" below $750. The rate is 4.65% at $740, 4.55% at $730, 4.45% at $720 and so on. But it's only until 12/31.
<< AAB gets $10M cash back and a permanent 1% royality that is not on a gradual scale .. right? >>
Correct. Standard 1% net smelter royalty payable in perpetuity.
<< Which at current output rates gives them ~0.03 /share per quarter. in cash flow for the life of the mines? >>
LOM production target is 294k/yr from Simmer's Buffelsfontein mine plus 76k/yr from First Uranium's Mine Waste Solutions so about 370k/yr subject to the royalty. At $800/oz that equals about US$2.96mm/year or about C$0.03 per share per year for 20 years.