second worst performer of all royalty companies listed. period. what does "great cashflow" help you if you are loosing money = nothing
2yr performance
Sandstrom Metals (V.SSL) is up from 3.5$ to 10$
Royal Gold (T.RGL) is up from 50$ to 80$
Franco Nevada (T.FNV) is up from 33$ to 49$
Royalco (ASX.RCO) is up from 0.37 to 0.48$
-> only 1 worse performer is Anglo pacific. that is because they have mostly 90+ % Coal and iron ore Royalties, so no comparison.
Euro Ressources can not be compared as they do trade lower, but they payed out over 2,5 euros in special dividend during the past 24 month. so net they are also up.
Want to inevst into a good and growing royalty company and missed the boat on Sandstorm or Royal gold- look at T.BPV or T.BPV.WT soon to be Premier Royalty Inc. There is nothing worng in spending money is it makes sense, better than sit around and so nothing like T.CAA`s management does:
https://mineninvestor.com/?p=240