RE:RE:takeoverMaybe a takeout or merge with a bigger Royalty Company - heck if you add up all the parts plus the $ they have I am certain the asset would be bought today for less than its combined worth. And if we are into a new commodity bull phase then this pool of assets will of course appreciate. I talked with the CEO and he is a very experienced, shrewd operator. No ego, just someone who knows his industry and has been able to go in and quietly buy up very promising assets, like Buffett back in the day, for much less than their intrinsic value.
So how will this value be realized - special dividend, share buybacks - so what if the institutions are unaware if the share price is below their 3 or 5 $ minimum. Value will eventually show itself and should reflect in higher share price. But ya never know. As Yogi Berra would say:
“It's tough to make predictions, especially about the future.”