Freehold Royalties Ltd T.FRU

Looking to Buy Small Position...

[joebravo]

Just wondering if there is downside risk at this level considering they are making an acquisition of the Permian Basin Royalty asset now, or will it just add to the bottom line?

Any risk involved with this acquisition?

I haven't bought into a resource play for quite a while, so am rusty, but I like the consistent passive income Freehold is giving out along with the positive reports to date.

Thanks for any input.

[joebravo]

Just to add, I'm not too concerned so much with capital appreciation as much as dividend sustainability, but at the same time I wouldn't want to lose the gain on dividends to a drop in share price. I guess the major concern is global oil prices, albeit, dividend is sustainable even down to a $50 WTI for oil, which I got from reading the Winter Presentation.  Please correct me if I

[JayBanks]

So, what do you need other opinions for? You seemed to have talked yourself through this one already... haha

[joebravo]

Yes I have, lol.  I've actually had my eyes on this for some time, just had money elsewhere, and am now moving it around. Bought half of what I am looking to purchase.  Will wait to see what happens to the share price in next little while to buy other half. Price is showing that it will move either up or down.  Not much of a prediction on my part, lol, but it seems to be at a

[JayBanks]

I did the same thing for a few years, before I took the dive in Sept 2021 at under $10, since then I've had a over 50% total return on my holdings. I've been meaning to add to my holdings here, I just haven't had the free capital to do so. Ive been expecting anouther divided hike for a year, as they are at the bottom of thier target return guidance as per the payout ratio, but instead

[joebravo]

You did good.  I never got into this oil/gas royalty sector before, so this is the first for me. Been in resource plays long time ago, but not like this.  I'm older now and looking more for safer, passive income type investments. Everything has its risks, but that's why getting in at reasonable prices is opportunistic.  I think that once rates begin to ease, that these