OTCQX:GTBAF - Post by User
Comment by
Ivorygullon Oct 08, 2020 8:06pm
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Post# 31693610
RE:RE:RE:RE:RE:RE:RE:RE:RE:Rights being offer for Great Bear Royalties
RE:RE:RE:RE:RE:RE:RE:RE:RE:Rights being offer for Great Bear Royaltiesgoldman88 wrote: Whats the purpose of buying more royalty shares? presently we have approx. 14 million and we get 2% royalty . If we have 28 million we still have the same 2 % royaly so you get half the payout as you would get for 14 million .
I'll probably be wrong saying this but I believe this would be why....
Net Smelter Return (NSR) is the net revenue that the owner of a mining property receives from the sale of the mine's metal/non metal products less transportation and refining costs. As a royalty it refers to the fraction of net smelter return that a mine operator is obligated to pay the owner of the royalty agreement. I think you are looking at the market cap of Great Bear Royalties, which is not the same thing.
Feel free to correct me all of you who know a hell of a lot more than I do.