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Bullboard - Stock Discussion Forum Sandstorm Metals & Energy Ltd STTYF

GREY:STTYF - Post Discussion

Sandstorm Metals & Energy Ltd > Where do we go from here
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Post by Thundersole on Oct 21, 2013 11:30am

Where do we go from here

Is there any other choice other than an equity issue to raise some capital.  

If they don't do anything and have 350k a quarter in royalties, maybe they should just pay it out in a dividend, they could pay a couple cents a quarter;).

I'm sure that there isn't much choice other than an equity issue if they want to grow the company......
Comment by Thundersole on Oct 21, 2013 1:20pm
According to a previous post SND should have 900k a quarter from the Glencore royalty, so is that enough to get another stream within the next couple years. Still seems there has to be an equity issue....
Comment by carinthian on Oct 21, 2013 1:21pm
Reality will be a capital raising I assume. Some equipment for sale - let's assume 2,5mio. The Anterra Convertible bond - about 0,25mio/year - 4mio. capital Sale/Cash Flow of/from the coal assets - no idea what that would be. CSI - late next year if everything works out as it is supposed to be. Canadian Zinc - 2015 if everything works out as hoped. Mongolia - 10 years out. Glencor NSR - no ...more  
Comment by zentrarianNZ on Oct 22, 2013 5:32am
I assume you guys are joking about a dividend, because at this stage of SM&E's evolution (or even of SG's) that would be a tacit admission of a failure of the business model. I would sooner expect a liquidation than a dividend. In any case they would amount to pretty much the same thing, as SM&E would no longer have the means to grow itself beyond its present size, which it's ...more  
Comment by Thundersole on Oct 22, 2013 7:05am
The dividend was a joke, I winked at the end.  It would be an admission of failure. I guess maybe they will do like they did a couple summers ago and issue equity to cover streams that they have already conditionally signed. .......
Comment by carinthian on Oct 22, 2013 7:25am
Sorry my bad, those screens on the cell phones are to small for my eyes. :-) I fear the only thing that is left is a capital increase which would not be that bad if the money is invested in undertakings that really result in a cash flow. Maybe (a very HUGE not to say GIGANTIC maybe) with some good news from the coal side (when other companies are able to sell iron ore assets to chinese ...more  
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