RE: RE: RE: Royal Gold The 40% Au production will go to Royal Gold at $435 per ounce and will last for the original 22 year mine life.
However, Kevin has pointed out, that after that 22 years, if the mine goes on (which is highly probable) TCM
gets 100%. So the wait is until 2035, not 2015-2016....no one would pay $581.5 million to TCM for just 3 years
of 40% of Au production. If the 1.5 billion price tag is met, Royal Gold paid for 38.8% of the costs of building Mt.
Milligan.