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Royal Nickel Corp. > MMX owns a full 7,5% Royalty on all Gold at Beta Hunt

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Comment by MrBogBrushon Sep 18, 2018 1:19pm

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Post# 28640215

RE:RE:RE:RE:RE:RE:RE:RE:MMX owns a full 7,5% Royalty on all Gold at Beta Hunt

Oops again.. I just realised I forgot to mantion the difference in the POG between the 1990s and current price.. so again i would up my estimate for 10 million oz.. but don't listen to me I need some more coffee.. lol

MrBogBrush wrote: oops my bad.. but no worries i had fun doing some back of the envelope calcs

marben100 wrote: Read again, bogbrush, I said $200m of revenue pa., not 200Moz! I'm sure I don't need to tell you that $200m equates to around 170koz p.a. of production at current gold prices.

I would be delighted if they could prove up 2-5Moz of resources, let alone 10Moz.

Best,
Mark