Nomad Royalty NSRWF

Metals & Mining Gold

Nomad Royalty Co Ltd is a royalty mining company. The company purchases rights to a certain percentage of the gold or silver produced from a mine, typically for the life of the mine. It generates revenues from Gold Streams, Silver Streams, Royalties, and Gold Prepay loans. The portfolio includes Woodlawn property, Blyvoor property, Gualcamayo property, Suruca property, and other properties. Its geographical segments are North America, South America, Africa, and Australia.

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Nomad Royalty > COral Takeover is a real winner

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Comment by schocoron Aug 27, 2020 5:44pm

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RE:RE:RE:RE:COral Takeover is a real winner

My guess would be that the warrants would be "free trading" - meaning they could likely trade as NSR.WT. This is usually how it works. Even with the run up to $1.14 today, there is still a bit of a trading discount on the coral shares vs the NSR shares. 1.71 is not that far out of the money - and times are weird - but in my experience the warrants that you get with a deal like this are never redeemed for shares - ie there is never an intrinsic value by the time they expire. The best move will probably to be to sell those warrants as early as possible; but I sure hope I am wrong.

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