RE:The way I see it I think you didn’t figure that the spin-co has a quarter of the value of GBR…one share for every four GBR shares.
So the 10,000 ozs is correct but it wouldn’t be 10,000/50,000,000; it would be 10,000/12,500,000. That is .0008 or 8ozs if you held 10,000 spin-co shares. Which at $1600/oz USD, would be $17,828.65 CAD per year.