RE: RAMBLER NEWS........Ming Mine I used the data as-is, and will not make any assumptions on Increases, though its cleaarly indicated. I came up with approx 5,000 ounces Deliverable Gold per year to Sandstorm, minimum, Free of Cost for 6 years, That is 25% of the first 175,000 ozs...if Rambler only Produces the minimum detailed in the PR, 60,000 ozs remain to be produced with 25% to SSL before the 12% Royalty kicks in---@ $1,600 Gold about $2 Million Free Cash Flow per QTR for SSL
It sure is a good feeling to see Sandstorm's Connectors keep pouring in additional Funds for additional Exploration, Drilling, added Reserves, etc., on all those "Open in all areas" mines we have a Royalty on