RE:RE:RE:RE:Spincos Coming Soon?
HighROI wrote: Ruling Mining, Look at Osisko or Virginia gold for why people are excited about a royalty stream. Osisko royalites is now valued at $1.8B. The Eleonore royalty sold ($479m)for almost as much as Eleonore did ($520m) It may not pay for sometime but Arrow could unlock some serious value in addition to selling the discovery.
Discoveries also do no generate cash flows for some time.
The valuation of a company grows along with the size of its discovery, so too do the valuation of the underlying royalties.
Royalties are brilliant because it allows NXE shareholders to participate in the growth of Arrow, even after it is sold.