RE: Presentation - sell royalty
>>I think selling they royalty is a fantastic idea as we are not getting any type of SP value from it.
If you go back 3 years, selling the royalty was the initial plan, but with the questions raised by the litigation with S&J and then the bottom falling out in late '08, language concerning plans to sell it disappeared. AAB is not a royalty co so I think you are correct that we don't get fair value for it. Coming back to why I like mgmt as much as I do, they never attempted to unload it into a soft market, and they never got behind a cash flow eight ball where they had to. If they can get a fair price now, I say sell it.